Vigor Plast India Limited IPO Details
SME
Vigor Plast India IPO opens for subscription on 04 Sep 2025 and closes on 09 Sep 2025. The IPO will be listed on NSE with the tentative listing date set for 12 Sep 2025.
Vigor Plast India IPO price band has been fixed at ₹77 – ₹81 per share.The face value is ₹10 per share with a lot size of 1600.
Vigor Plast India IPO total issue size comprises 30,99,200 shares (aggregating up to ₹25.10 Cr). This includes a fresh issue of 24,99,200 shares (aggregating up to ₹20.24 Cr). Offer for Sale consists of 6,00,000 shares (aggregating up to ₹4.86 Cr). Pre-issue shareholding stands at 78,52,500, which will increase to 1,03,51,700 post-issue.
Vigor Plast India IPO Lot Size : Individual Minimum is 2 lots (3,200 shares) amounting to ₹259,200. Individual Maximum is 2 lots (3,200 shares) amounting to ₹259,200. SHNI Minimum is 3 lots (4,800 shares) amounting to ₹388,800. SHNI Maximum is 7 lots (11,200 shares) amounting to ₹907,200. BHNI Minimum is 8 lots (12,800 shares) amounting to ₹1,036,800.
The Lead Managers for Vigor Plast India IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Unistone Capital Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Alacrity Securities. You can analyze their track record by checking the Market Maker Performance Summary report.
For detailed information, Refer to the Vigor Plast India Limited RHP.
Vigor Plast India IPO Details
Vigor Plast India IPO Subscription
Vigor Plast India IPO Application Wise Breakup
Vigor Plast India IPO Dates
- 04 Sep 2025Opening dateOPD
- 09 Sep 2025Closing dateCOD
- 10 Sep 2025Allotment Date BOA
- 11 Sep 2025Initiation of RefundsIOR
- 11 Sep 2025Credit of SharesCOS
- 12 Sep 2025Listing dateLID
Vigor Plast India IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 3200 | ₹259,200 |
| Individual Maximum | 2 | 3200 | ₹259,200 |
| SHNI Minimum | 3 | 4800 | ₹388,800 |
| SHNI Maximum | 7 | 11200 | ₹907,200 |
| BHNI Minimum | 8 | 12800 | ₹1,036,800 |
Vigor Plast India IPO Reservation
Promoter Holding
Vigor Plast India IPO Valuations
Vigor Plast India Financial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 40.51 | 35.89 | 20.09 |
| Total Income | 46.02 | 42.52 | 37.39 |
| Profit After Tax | 5.15 | 2.93 | 0.30 |
| EBITDA | 12.08 | 7.55 | 3.08 |
| Net Worth | 12.78 | 4.57 | 1.64 |
| Reserves and Surplus | 4.93 | 4.07 | 1.14 |
| Total Borrowing | 17.72 | 21.57 | 11.29 |
| Amount in ₹ Crore | |||
About Vigor Plast India IPO
Incorporated in 2012, Vigor Plast India Limited is engaged in the manufacturing and supplying of CPVC and UPVC pipes and fittings.
The company offers a comprehensive range of products, including CPVC and UPVC plumbing pipes and fittings, SWR pipes, and PVC agricultural pipes. These products are designed for applications in plumbing, sewage, agriculture, and industrial sectors.
The company’s manufacturing facility and registered office in Dared, Gujarat, utilizes fully automated equipment to ensure consistent, high-quality production while streamlining operations and maintaining close oversight.
The company has established five warehouses in Gujarat—Rajkot, Jamnagar, Surat, Ahmedabad, and Dholka. However, operations at the Dholka warehouse have not yet commenced.
Product Portfolio:
- Pipes: cPVC Pipes, uPVC Pipes, Agriculture Pipes (Sel Fit), SWR Ring Fit Pipes and SWR Sel Fit Pipes 2.
- Fittings and Ancillary products: cPVC Fittings, uPVC Fittings, Agriculture Fittings (Sel Fit), SWR Ring Fit Fittings, SWR Sel Fit Fittings, P.T.M.T. Taps, garden pipes, etc.
As of December 31, 2024, the company has 83 employees.
Strength Of Vigor Plast India IPO
1. Long Standing business track record.
2. Established Supplier Relationships.
3. Strong Knowledge and expertise of our Promoters.
4. Extensive Product Portfolio to Meet Customer Needs.
Risk Of Vigor Plast India IPO
1. Our top ten customers (dealers/distributors) contribute the majority of our revenues from operations. Any loss of business from one or more of them may adversely affect our revenues and profitability.
2. Our top ten suppliers contribute the majority of our purchases. Any loss of business with one or more of them may adversely affect our business operations and profitability.
3. The cost estimates for the construction of the proposed warehouse have been derived from internal estimates of our management and may not be accurate.
4. Any increase in the cost of our raw material or other purchases or a shortfall in the supply of our raw materials, may adversely affect the pricing and supply of our products and have an adverse effect on our business, results of operations and financial condition.
5. Dependence on a Single Manufacturing Facility may have an adverse effect on our business, results of operations and financial condition.
6. We have derived a significant portion of our revenue from Vigor Polytech, the sister concern of our company in the financial years ended on March 31, 2024, March 31, 2023 and March 31, 2022.
7. Geographical Concentration of our warehouses in a single state may have an adverse effect on our business, results of operations and financial condition.
8. Our business operations significantly depend on maintaining strong relationships with distributors and dealers through whom we sell a substantial portion of our products. Any disruption or termination of these relationships could impact our performance and business growth negatively.
9. We generate our major portion of revenue from our operations in certain geographical regions. Any adverse developments affecting our operations in these regions could have an adverse impact on our revenue and results of operations.
10. We may face several risks associated with the proposed warehouse, which could hamper our growth, prospects, cash flows and business and financial condition.
Objectives Vigor Plast India IPO
1. Repayment of certain secured borrowings availed by the Company
2. Funding capital expenditure towards the development and construction of new warehouse in Ahmedabad, Gujarat
3. General corporate purposes
Company Contact Details
Vigor Plast India Limited
Survey No. 640/3,
Behind Gujarat Gas CNG Pump Godown Zone,
Lalpur Road, Dared, Village: Chela,
Phone: 0288-2730912
Email: info@vigorplastindia.com
Website: https://www.vigorplastindia.com/
Registrar Contact Details
Lead Mangers
Lead Manager Reports
Market Maker
Market Maker Reports
Read more about Shringar House of Mangalsutra IPO
- Vigor Plast India Limited IPO Detail
- Vigor Plast India Limited IPO Subscription Detail
- Vigor Plast India Limited IPO GMP Detail
- Checked Live Vigor Plast India Limited IPO Allotment Status
- Vigor Plast India Limited IPO Basis Of Allotment
- Vigor Plast India Limited IPO Price Calculator
- Vigor Plast India Limited IPO Stock Price