New Delhi, 25 March (H.S.): Vivid Electromech which makes low and medium voltage electrical panels and automation systems launched its 130.54 crore rupee IPO for subscription on Wednesday. Bids can be placed till March 30 with allotment set for April 2 and shares credited to demat accounts on April 6. The companys shares could list on NSE SME platform on April 7.

The IPO sets a price band of 528 to 555 rupees per share with a lot size of 240 shares. Retail investors need to bid for two lots or 480 shares requiring a minimum investment of 266400 rupees. Its issuing a total of 23.52 lakh shares with face value of 10 rupees including 17.65 lakh fresh shares worth 98 crores and 4.68 lakh shares via offer for sale.

Qualified institutional buyers get 47.42 percent quota retail investors 33.27 percent non-institutional investors 14.27 percent and market makers 5.05 percent. Hem Securities Limited serves as book running lead manager MuGF Intime India Private Limited as registrar and Hem Finlease Private Limited as market maker.

Financials show steady strengthening per the DRHP filed with SEBI. Net profit stood at 6 lakh rupees in FY 2022-23 jumped to 4.28 crores in FY 2023-24 and soared to 20.24 crores in FY 2024-25. For the current years first half April to September 30 2025 profit hit 9.44 crores.

Revenue grew consistently too from 59.63 crores in FY 2022-23 to 89.55 crores in FY 2023-24 and 155.77 crores in FY 2024-25. First half of current FY brought in 70.89 crores.

Debt fluctuated ending at 6.47 crores in FY 2022-23 down to 4.77 crores in FY 2023-24 and 4.23 crores in FY 2024-25 but climbing to 14.17 crores by September 30 2025. Net worth rose from 2.38 crores in FY 2022-23 to 6.98 crores in 2023-24 27.45 crores in 2024-25 and 37.03 crores by first half 2025.

Reserves and surplus increased from 14.94 crores in FY 2022-23 to 18.05 crores in 2023-24 38.29 crores in 2024-25 and 44.23 crores by September 2025. EBITDA went from 1.76 crores in 2022-23 to 7.18 crores in 2023-24 28.39 crores in 2024-25 and 13.50 crores in first half 2025.

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Hindusthan Samachar / Jun Sarkar