Affluence Gems bought 99,840 shares of Vivid Electromech for ₹5.64 Cr at ₹565.00 apiece in a bulk deal. This transaction took place on April 7, 2026, the same day Vivid Electromech was listed on the NSE SME platform after its IPO.
A manufacturer of electrical panels and automation systems, Vivid Electromech specializes in low-voltage and medium-voltage equipment designed for industrial applications. Incorporated in 1990, the company serves customers across diverse sectors requiring electrical distribution, control, and automation solutions. Its expertise in panel manufacturing and system integration positions it as a specialized player in India's electrical equipment manufacturing industry.
Ahmedabad-based private limited company incorporated in 2011, operating in jewellery and gemstone trade with directors Dhiren Mahendrkumar Shah and Malaybhai Shantilal Kothari. Surplus cash is deployed in Indian listed equities, with disclosed positions surfacing in smallcap shareholding patterns.