Vigor Plast India IPO

Vigor Plast India is an NSE SME IPO listed on the NSE SME platform, priced at ₹77–₹81 per share. The stock debuted at ₹85, delivering a listing gain of 4.9%. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹2,59,200.

Vigor Plast India Limited IPO

NSE SME Listed
₹2,59,200 (3200 Shares)
Minimum Investment
Check Allotment
IPO Dates
Sep 4, 2025 – Sep 9, 2025
Price band
₹77-81 per equity share
Minimum Investment
₹2,59,200
Issue size
₹25.1 Cr
Lot size
1600
Allotment Date
Sep 10, 2025
Listing
Sep 12, 2025
Listing At
NSE SME

IPO timeline

  1. Sep 4, 2025

    Open Date

    Completed

  2. Sep 9, 2025

    Close Date

    Completed

  3. Sep 10, 2025

    Allotment Date

    Completed

  4. Sep 12, 2025

    Listing Date

    Completed

Vigor Plast India IPO Subscription Details

View Subscription Details
QIB 3.94x
Individual 2.49x
NIIs 7.38x
bHNI 9.52x
sHNI 3.09x
Individual 2.49x
Total 3.95x

Vigor Plast India IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

Vigor Plast India IPO Essentials

Vigor Plast India IPO Details

Vigor Plast India IPO is priced at ₹77-81 per share with a total issue size of 25.1 crore. The IPO has a lot size of 1600 shares and is listed on NSE SME.

Issue price
₹77-81 per equity share
Lot size
1600 shares
Face value
₹10 Per Equity Share
Issue size
30,99,200 shares(aggregating up to ₹25.10 Cr)
Total issue size
30,99,200 shares
(aggregating up to ₹25.1 crore)
Fresh issue
23,44,000 shares
(aggregating up to ₹18.99 crore)
Offer for sale (OFS)
6,00,000 shares
(aggregating up to ₹4.86 crore)
Listing at
NSE SME
List price
85.0
Listing date
Registrar
Kfin Technologies Limited
Lead manager
Unistone Capital Pvt Limited

Market Lot Size

Investors can bid for a minimum of 3200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Individual (min) 2 3200 ₹2,59,200
Individual(max) 2 3200 ₹2,59,200
sHNI(min) 3 4,800 ₹3,88,800
sHNI(max) 7 11,200 ₹9,07,200
sHNI(min) 8 12,800 ₹10,36,800

Vigor Plast India IPO Documents

Vigor Plast India IPO Reservation

Vigor Plast India IPO reservation details show category-wise allocation of shares. Out of the total 30,99,200 shares, approximately 19.05% are reserved for QIB, 14.4% for NII, 33.28% for retail investors, 5.01% for market maker, and 28.19% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 8,73,600 (28.19%)
Market Maker Shares Offered 1,55,200 (5.01%)
QIB Shares Offered 5,90,400 (19.05%)
NII (HNI) Shares Offered 4,46,400 (14.4%)
bHNI > ₹10L 2,97,600 (10.09%) 62
sHNI < ₹10L 1,48,800 (5.04%) 31
Individual Shares Offered 10,33,600 (33.28%) 323
Total Shares Offered 30,99,200 (100%)

Vigor Plast India IPO Analytics

Vigor Plast India IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Vigor Plast India IPO Subscription Status

Vigor Plast India IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO is currently subscribed 3.95x, indicating moderate demand across investor categories.

As on QIB / NII Individual Total
Shares Offered / Reserved 5,90,400 / 4,46,400 10,33,600 20,70,400
Day 1 04-09-25 06:00 PM
(0.42 / 0.50) x 0.20 x 0.33 x
Day 2 05-09-25 06:00 PM
(0.50 / 1.62) x 0.45 x 0.72 x
Day 3 08-09-25 06:00 PM
(0.50 / 1.87) x 0.85 x 0.97 x
Day 4 09-09-25 06:00 PM
(3.94 / 7.38) x 2.49 x 3.95 x
Total No. of Applications
bHNI sHNI Individual
1051 (Approx) 2.4x 2.9x 2.49x

Vigor Plast India Valuations

Earnings

EPS Pre IPO
₹6.56/-
EPS Post IPO
₹4.98/-
P/E Pre IPO
12.35
P/E Post IPO
16.28

Returns

ROE
59.39%
ROCE
28.24%
RoNW
59.39%
PAT Margin
11.30%

Fundamentals

Debt / Equity
1.39
Price / Book
4.97

Data sourced from DRHP / RHP • For educational purposes only

Vigor Plast India Financials( In Crs.)

31-Mar-25 31-Mar-24 31-Mar-23
Assets 40.51 35.89 20.09
Revenue 46.02 42.52 37.39
Profit After Tax 5.15 2.93 0.30
Net Worth 12.78 4.57 1.64
Reserves & Surplus 4.93 4.07 1.14
Total Borrowing 17.72 21.57 11.29

Vigor Plast India Company & Offer Insights

About Vigor Plast India

Formed in 2012, Vigor Plast India Limited is involved in the production and supply of CPVC and UPVC pipes and fittings.The company deals with a vast array of products such as CPVC and UPVC plumbing pipes and fittings, SWR pipes, and PVC pipes for agriculture. These products find applications in different sectors such as plumbing, sewage, agriculture, and industrial sectors.

The registered office and factory of the company in Dared, Gujarat, are equipped with fully automated machinery to provide high-quality and uniform production and to simplify operations and keep close control.The company operates five warehouses in Gujarat at Rajkot, Jamnagar, Surat, Ahmedabad, and Dholka.

Product Range:Vigor has an extensive range of piping solutions for different uses:
Pipes: CPVC, uPVC sanitary pipes, SWR Ring Fit & SWR Self Fit pipes, and PVC irrigation pipes.
Fittings and Accessories: Comprehensive range of CPVC and uPVC fittings, agriculture fittings (Sel Fit), SWR Ring Fit and Self Fit fittings, as well as ancillary items like PTMT taps and garden hoses.

Vigor has a chain of 440 distributors and dealers in 25 Indian states and union territories (as of March 31, 2025) and provides liberal credit terms and uses an Android-enabled 'Vigor India Plast' app for easy order placing.As of June 30, 2025, the company has 81 employees, apart from Board members, involved in Management, Purchase, Procurement, Marketing, Production, Quality Control, Packing, Dispatch, Sales, and Human Resources.

Vigor Plast India Promoter(s)

Jayesh Premjibhai Kathiriya, Rajesh Premjibhai Kathiriya, Premjibhai Dayabhai Kathiria, Jashvantiben Rajeshbhai Kathiriya, Nitaben Jayeshbhai Kathiriya are the company's promoters of Vigor Plast India.

Vigor Plast India IPO Issue Objectives

Repayment of certain secured borrowings availed by the Company
Funding capital expenditure towards the development and construction of new warehouse in Ahmedabad, Gujarat
General corporate purposes

Contact Information

Contact Details

Vigor Plast India

0288-2730912

info@vigorplastindia.com

https://www.vigorplastindia.com/

Survey No. 640/3, Behind Gujarat Gas CNG Pump Godown Zone, Lalpur Road, Dared, Village: Chela, Jamnagar, Gujarat, 361006

Registrar Contact Details

Kfin Technologies Limited

04067162222, 04079611000

vpil.ipo@kfintech.com

https://kosmic.kfintech.com/ipostatus/

Frequently Asked Questions

Click any question to reveal the answer

Vigor Plast India IPO is a book-built IPO worth ₹25.1 crore. The price band is ₹77–₹81 per share. The IPO opens on Sep 4, 2025 and closes on Sep 9, 2025. It will be listed on NSE SME Platform. Kfin Technologies Limited is the registrar.

The price band of Vigor Plast India IPO is ₹77 to ₹81 per share.

The lot size of Vigor Plast India IPO is 1600 shares.

The minimum investment for Vigor Plast India IPO is approximately ₹2,59,200 based on the upper price band .

Vigor Plast India IPO opens on Sep 4, 2025 and closes on Sep 9, 2025.

The allotment date of Vigor Plast India IPO is Sep 10, 2025.

Vigor Plast India IPO is expected to be listed on Sep 12, 2025, on NSE SME Platform.

Vigor Plast India IPO valuation snapshot: P/E 16.28, EPS ₹4.98/-, P/B 4.97, RoNW 59.39%, and market cap N/A.

To apply for Vigor Plast India IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Vigor Plast India IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Vigor Plast India IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Vigor Plast India IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Vigor Plast India IPO allotment status on IPO Ji for quick and easy access.