Vivid Electromech IPO Subscribed 1.06 Times on Day 3

Vivid Electromech Limited's initial public offering (IPO) closed its three-day subscription window at 1.06 times overall subscription by 4:50 PM on Day 3 (March 30, 2026). The ₹130.54 crore book-build issue, priced at ₹528 to ₹555 per share, received bids for 16,52,880 shares against 15,64,320 shares on offer, with total applications reaching 663.

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Subscription Status of Vivid Electromech IPO

Here are the subscription details for Vivid Electromech IPO Day 3, as of 4:50 PM:

Key Highlights – Day 3

• Overall subscription crossed full subscription at 1.06 times, improving from Day 2's 0.61 times, driven by improving NII demand on the final day of this electrical panels SME IPO.
• Non-institutional investors crossed full subscription at 1.49 times, improving from Day 2's 0.82 times, with bNII at 2.10 times against sNII's subdued 0.27 times.
• Qualified institutional buyers (ex-anchor) improved to 1.95 times from Day 2's 1.26 times.
• Individual investors improved to 0.36 times from Day 2's 0.14 times, though participation remained below full subscription.
• Total applications reached 663 on Day 3.

Key Highlights – Day 2

• Overall subscription reached 0.61 times, improving from Day 1's 0.50 times.
• Qualified institutional buyers (ex-anchor) improved to 1.26 times from Day 1's 1.20 times.
• Non-institutional investors improved to 0.82 times from Day 1's 0.71 times, with bNII at 1.19 times and sNII at 0.07 times.
• Individual investors improved to 0.14 times from Day 1's 0.01 times.

Key Highlights - Day 1

• Overall subscription reached 0.50 times on Day 1 (March 25, 2026), reflecting moderate initial investor interest in this electrical panels SME IPO.
• Qualified institutional buyers (ex-anchor) crossed full subscription at 1.20 times on the opening day.
• Non-institutional investors recorded 0.71 times, with bNII at 1.05 times and sNII at 0.03 times on Day 1.
• Individual investors showed negligible participation at 0.01 times on Day 1.
• Anchor investors fully subscribed their allocation of ₹37.12 crores on March 24, 2026.

About Vivid Electromech Limited

Incorporated in 1990, Vivid Electromech Limited is an ISO 9001:2015 certified manufacturer of low-voltage and medium-voltage electrical panels and automation systems, offering engineering, design, fabrication, assembly, testing, and commissioning services. Its products serve sectors including data centres, infrastructure, metro projects, construction and real estate, solar and renewable energy, and industrial manufacturing.