Vigor Plast India Limited IPO
NSE SMEListed On: Sep 12, 2025 at ₹ 85.0
₹ 259200 /3200 Shares
*Min Investment
04 Sep, 2025
Open Date09 Sep, 2025
Close Date10 Sep, 2025
Allotment Date12 Sep, 2025
Listing DateVigor Plast India IPO Live Subscription Details
View Subscription DetailsVigor Plast India IPO Issue Details
- Issue Price ₹77-81 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 30,99,200 shares(aggregating up to ₹25.1 crore)
- Fresh Share 23,44,000 shares(aggregating up to ₹18.99 crore)
- Offer For Sale 6,00,000 shares(aggregating up to ₹4.86 crore)
- Listing at NSE SME
- List Price 85.0
- Listing Date 2025-09-12
- Lead Manager Unistone Capital Pvt Limited
- Registrar Kfin Technologies 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 Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 2 | 3200 | ₹2,59,200 |
| Retail(max) | 2 | 3200 | ₹2,59,200 |
| SHNI(min) | 3 | 4,800 | ₹3,88,800 |
| SHNI(max) | 7 | 11,200 | ₹9,07,200 |
| BHNI(min) | 8 | 12,800 | ₹10,36,800 |
Vigor Plast India IPO Reservation
Vigor Plast India IPO offers total 30,99,200 shares. Out of which 5,90,400 (19.05%) allocated to QIB, 4,46,400 (14.4%) allocated to NII,10,33,600 (33.28%) allocated to RII, NA (NA%) allocated to employees and 8,73,600 (28.19%) allocated to 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%) | |
| bNII < ₹10L | 2,97,600 (10.09%) | |
| sNII < ₹10L | 1,48,800 (5.04%) | |
| Retail Shares Offered | 10,33,600 (33.28%) | |
| Total Shares Offered | 30,99,200 (100%) |
Vigor Plast India IPO Details
Vigor Plast India Limited IPO is an SME IPO, priced at ₹77-81 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 30,99,200 equity shares, aggregating up to ₹25.1 crores..
The IPO bidding window is open from Sep 4, 2025 to Sep 9, 2025. The allotment is expected to be finalized on Sep 10, 2025, and the tentative listing date is Sep 12, 2025.
The minimum lot size for retail investors is 3200 shares, with a minimum investment of ₹2,59,200.
Unistone Capital Pvt Limited is acting as the lead manager to the issue. The registrar of the IPO is Kfin Technologies Limited, and
Vigor Plast India IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | 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 |
Vigor Plast India Valuations
Vigor Plast India Company Financials
| 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 |
About Vigor Plast India Company
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
Pre Issue Share Holding : 100%
Post Issue Share Holding : 70.05%
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 Details
Vigor Plast India
Survey No. 640/3, Behind Gujarat Gas CNG Pump Godown Zone, Lalpur Road, Dared, Village: Chela, Jamnagar, Gujarat, 361006
0288-2730912
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Vigor Plast India IPO - FAQs
Ans. Vigor Plast India Limited IPO is a SME IPO. The issue is priced at ₹77-81 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Sep 4, 2025, and closes on Sep 9, 2025. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Vigor Plast India Limited IPO opens on Sep 4, 2025 and closes on Sep 9, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Vigor Plast India Limited IPO is 30,99,200 shares(aggregating up to ₹25.10 Cr).
Ans. The Vigor Plast India Limited IPO price band is set between ₹77-81 per equity share.
Ans. To apply for Vigor Plast India Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Vigor Plast India Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Vigor Plast India Limited IPO is Sep 10, 2025.
Ans. The Vigor Plast India Limited IPO will be listed on Sep 12, 2025.
Ans. Follow the steps to check the Vigor Plast India Limited IPO allotment status online.
