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Vivid Electromech Ltd
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Registered Office:
Plot No.A-173/7 TTC Indus.Area,MIDC Kharine
,
Navi Mumbai
-
400710
,
Maharashtra
, India.
Phone :
+022 6817 5555 Fax:
Email : cs@vividgroup.in
Website : www.vividgroup.in
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Initial public offer of 23,52,000 equity shares of face value of Rs10/- each (the "Equity Shares") of Vivid Electromech Limited ("The Company" or "The Issuer") at an offer price of Rs555 per equity share (including share premium of Rs545 per equity share) for cash, aggregating up to Rs130.54 Crores ("Public Offer") comprising of a fresh issue of 18,84,000 equity shares aggregating to Rs104.56 Crores (the "Fresh Issue") and an offer for sale of 4,68,000 equity shares by the promoter selling shareholder ("Offer For Sale") aggregating to Rs25.97 Crores comprising; 1,17,000 equity shares aggregating to Rs6.49 Crores by Sameer Vishvanath Attavar and 3,51,000 equity shares aggregating to Rs19.48 Crores by Meeta Sameer Attavar (collectively Refferd as "Promoter Selling Shareholders"), out of which 1,18,800 equity shares of face value of Rs10/- each, at an offer price of Rs555 per equity share for cash, aggregating Rs6.59 Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. Offer of 22,33,200 equity shares of face value of Rs10/- each, at an offer price of Rs555 per equity share for cash, aggregating to Rs123.94 Crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 26.46% and 25.13% respectively of the post-offer paid-up equity share capital of the company.
Price Band: Rs555 per equity share of face value Rs10/- each.
The floor price (Rs555) is 55.5 times of the face value of the equity shares.
Bids can be made for a minimum of 480 equity shares and in multiples of 240 equity shares thereafter.
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Opens On
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Closes On
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Application
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Allotment
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25-Mar-26
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30-Mar-26
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Rs 555.00-0.00
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Rs 0.00-0.00
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Minimum Application for shares in Nos :480 Further
Multiples of :240
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(Rs Cr)
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Lead Managers to the Issue
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Project Cost
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92.04
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Project Financed through Current Offer
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130.54
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Post Issue Equity Share Capital
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8.89
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Issue Price
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Rs 555.00
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