IPO

Vigor Plast India Limited IPO

NSE SME

Offer Date: Sep 4, 2025 - Sep 9, 2025

₹ 129600 /1600 Shares

Vigor Plast India IPO Details

04 Sep, 2025

Open Date

09 Sep, 2025

Close Date

10 Sep, 2025

Allotment Date

12 Sep, 2025

Listing Date

Issue Price

₹77-81 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Kfin Technologies Limited

Market Lot

Individual(Retail)(Min) : 3200 Shares (₹259,200/-)
S-HNI(Min) : 4800 Shares (₹388,800/-)
S-HNI(Max) : 11,200 Shares (₹907,200/-)
B-HNI(Max) : 12,800 Shares (₹10,36,800/-)

Lead Manager

Unistone Capital Pvt Limited

Issue Size

30,99,200 shares(aggregating up to ₹25.10 Cr)

Retail Portion

35%

Subscription

N/A times

IPO Docs

DRHP RHP

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

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Vigor Plast India Valuations

EPS Pre IPO

₹6.56/-

EPS Post IPO

₹4.98/-

P/E Pre IPO

12.35

P/E Post IPO

16.28

ROE

59.39%

ROCE

28.24%

Debt/Equity

1.39

RoNW

59.39%

PAT Margin

11.30%

Price to Book Value

4.97

Vigor Plast India Company Financials All values are in ₹ Cr.

31-Mar-2531-Mar-2431-Mar-23
Assets40.5135.8920.09
Revenue46.0242.5237.39
Profit After Tax5.152.930.30
Net Worth12.784.571.64
Reserves & Surplus4.934.071.14
Total Borrowing17.7221.5711.29

About The 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.

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Vigor Plast India - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 70.05%

Company Promoter(s)
  1. Jayesh Premjibhai Kathiriya
  2. Rajesh Premjibhai Kathiriya
  3. Premjibhai Dayabhai Kathiria
  4. Jashvantiben Rajeshbhai Kathiriya
  5. Nitaben Jayeshbhai Kathiriya

Vigor Plast India IPO - Issue Objectives

  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

Other Details

Company Contact Details

Vigor Plast India

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

Phone: 0288-2730912

Email: info@vigorplastindia.com

Website: https://www.vigorplastindia.com/

Registrar Contact Details

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: vpil.ipo@kfintech.com

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

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. The size of Vigor Plast India Limited IPO is 30,99,200 shares(aggregating up to ₹25.10 Cr).

Ans. The IPO price band is set between ₹77-81 per equity share.

Ans. To apply for Vigor Plast India Limited IPO 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 allotment status for Vigor Plast India Limited IPO here.