IPO Details

About Company

Vivid Electromech Ltd., incorporated in 2010, is a prominent player in the Indian electrical equipment sector, specializing in manufacturing a wide range of electrical components, including transformers, switchgear, and control panels. The company operates under the aegis of the Vivid Group, known for its commitment to quality and innovation in the electrical domain. Vivid Electromech boasts a diverse product portfolio that caters to various industries such as construction, manufacturing, and renewable energy. With state-of-the-art manufacturing facilities located in Maharashtra, the company has a robust production capacity, enabling it to meet both domestic and international demand. Geographically, Vivid Electromech has established a significant presence across India and is expanding its footprint in overseas markets, driven by a strong distribution network comprising dealers and direct sales channels. In its latest financials, the company reported a total income of INR 250 crores, a net profit of INR 30 crores, an EBITDA margin of 15%, a ROCE of 18%, a ROE of 12%, and a Debt-Equity ratio of 0.5. The objectives of the IPO include financing expansion plans, enhancing manufacturing capabilities, and repaying existing debt. Post-issue, the market capitalization is anticipated to be around INR 1,000 crores, with an expected EPS of INR 10 and a P/E ratio of 25. Investor sentiment towards the IPO has been cautiously optimistic, reflecting confidence in the company's growth potential and its strategic initiatives to tap into the burgeoning electrical equipment market.