Vigor Plast India IPO Will Open On Sep 04, 2025 And Close On Sep 09, 2025. The ₹25.41 Cr. IPO Is A Fresh Issue. Vigor Plast India IPO Price Band Is Set At ₹77 to ₹81 per share.
The Allotment Will Be Finalized On Sep 10, 2025 and Listing date is Expected on The NSE SME By Sep 12, 2025. Investor Quota like 50.00% QIB, 35.00% Retail, and 15.00% HNI and Market Maker is 5.01% Category.
Financial Year 2025 Company Posted a Revenue of ₹46.02 Cr. and A Net Profit of ₹5.15 Cr. Showing Strong Growth From The Previous Year. Based On Financial, The IPO Looks Promising For Long-term Investors.
Vigor Plast India IPO Dates & Price Band Details
| Open Date | Sep 04, 2025 |
|---|---|
| Close Date | Sep 09, 2025 |
| Price Band | ₹77 to ₹81 per share |
| Face Value | ₹10 per equity share |
| Lot Size | 1,600 Shares |
| Minimum Investment | ₹1,31,200 Lakhs (for 1 lot at ₹82) |
| Type of Issue | Fresh Issue and Offer for Sale |
| Total Issue Size | 30,99,200 shares (Approx ₹25.41 Cr) |
| Fresh issue size | 24,99,200 shares (Approx ₹20.49 Cr) |
| Offer for Sale | 6,00,000 shares (Approx ₹4.92 Cr) |
| Market Maker | 1,90,400 shares (Approx ₹4.99 Cr) |
| Issue Type | Bookbuilding IPO |
| Market Maker Shares | 5.01% |
| Retail Investor Quota | 35.00% |
| QIB Quota | 50.00% |
| NII (HNI) Quota | 15.00% |
| Listing Exchange | NSE SME |
| Anchor Investor List | Click Here |
| DRHP (Draft Prospectus) | Click Here |
| RHP (Final Prospectus) | Click Here |
About Vigor Plast India Limited
Our Company was originally incorporated on January 30, 2014 “Vigor Plast India Limited” Our company is a manufacturer and supplier of a comprehensive range of Polyvinyl Chloride (PVC), Unplasticized Polyvinyl Chloride (uPVC) and Chlorinated Polyvinyl Chloride (cPVC) pipes, fittings, and related products for various applications in plumbing, irrigation, and SWR (Soil, Waste, and Rainwater) management.
We cater to both rural and urban markets and provides longlasting solutions for water distribution, wastewater management, and drainage. Our products, known for their durability and resistance to corrosion, are used in residential, commercial, agricultural and industrial sectors. Our focus is on delivering high-quality, efficient systems that meet the diverse requirements of our customers.
Company has a vast network of 440 distributors/dealers across 25 states and union territories in India.
Vigor Plast India IPO Market Lot Size
The Minimum Lot Size For The Vigor Plast India IPO is 3,200 Shares, Requiring An Application Amount of ₹1,31,200 and in multiples of 1,600 For Retail Investors. Investors Must Apply in Multiples of The Lot Size.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 3,200 | ₹2,62,400 |
| Retail Maximum | 2 | 3,200 | ₹2,62,400 |
| S-HNI Minimum | 3 | 4,800 | ₹3,93,600 |
| S-HNI Maxmum | 8 | 12,800 | ₹10,49,600 |
| B-HNI Minimum | 9 | 14,400 | ₹11,80,800 |
Objects Of The Issue
1. Repayment of certain secured borrowings availed by our Company.
2. Funding capital expenditure towards the development and construction of new warehouse in Ahmedabad, Gujarat.
3. General corporate purposes.
Vigor Plast India IPO Allotment & Listing Dates
Vigor Plast India IPO Will Open on Aug 04 and Close on Sep 09, 2025. The allotment is Expected on Sep 10, With the Listing Scheduled on NSE SME For Sep 12, 2025 (More information below table).
| Anchor Investor Bidding | Wed, Sep 03, 2025 |
|---|---|
| IPO Open | Thu, Sep 04, 2025 |
| IPO Close | Tue, Sep 09, 2025 |
| Allotment Finalisation | Wed, Sep 10, 2025 |
| Refunds / Unblocking | Thu, Sep 11, 2025 |
| Shares Credited to Demat | Thu, Sep 11, 2025 |
| Listing Date | Fri, Sep 12, 2025 |
Vigor Plast India IPO Financial Report (FY 2025)
Vigor Plast India Reported a total Revenue of ₹46.02 Cr. in FY 2025, Slightly up From ₹42.52 Cr. in FY 2024. The Company Net Profit Also Rose to ₹5.15 Cr. From ₹2.93 Cr. in the Previous Year Showing Consistent Financial Growth Ahead of its IPO. (More information below table).
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 40.51 | 35.89 | 20.09 |
| Revenue | 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 | 1.64 |
| Total Borrowing | 17.72 | 21.57 | 11.29 |
| Amount in ₹ Crore |
Vigor Plast India IPO Valuation Report – FY 2025 (KPI)
Check Detailed Vigor Plast India IPO Valuation Metrics for FY 2025, including EPS, P/E Ratio, RoNW, NAV, ROCE, and other key financial indicators. These Ratios help Investors Assess the Company financial Health & Valuation Before applying for The IPO. (More information below table).
| KPI | Value |
|---|---|
| Return on Equity (ROE) | 59.39% |
| Return on Capital Employed (ROCE) | 28.24% |
| EBITDA Margin | 26.51% |
| PAT Margin | 11.30% |
| Debt-to-Equity Ratio | 1.39 |
| Earnings Per Share (EPS) | 6.57 |
| Price to Earnings Ratio (P/E) | 12.32 |
| Return on Net Worth (RoNW) | 59.39% |
| Net Asset Value (NAV) | 16.27 |
Our Competitive Strengths
- The Company has a wide range of products to serve its customer base.
- Our brand image is a reflection of our commitment to quality and reliability.
- Strategically located manufacturing facility supported by robust infrastructure resulting in production, cost and time efficiencies.
- Commitment to Quality and Standards.
- Our Company is led by experienced Promoters and a strong management team.
- driving strategic growth, operational efficiency, and long-term success.
Our Company Promoters
- Jayesh Premjibhai Kathiriya,
- Rajeshbhai Kathiriya,
- Premjibhai Dayabhai Kathiriya,
- Jashvantiben Rajeshbhai Kathiriya
- Nitaben Jayeshbhai Kathiriya.
Comparison of Accounting Ratios with Industry Peers
| Name of Company | Face Value (₹) | EPS (₹) | PE | RoNW (%) | NAV per Share (₹) |
|---|---|---|---|---|---|
| Vigor Plast India Ltd | 10 | 6.57 | 12.32 | 59.39% | 16.3 |
| Captain Pipes Ltd | 10 | 0.59 | 27.27 | 25.18% | 2.97 |
| Dutron Polymers Ltd | 10 | 4.54 | 30.25 | 9.80% | 48.58 |
| Rex Pipes & Cables Industries Ltd | 10 | 5.42 | 24.49 | 15.09% | 38.64 |
Also Read: Vigor Plast India IPO GMP Today, Grey Market Premium Live
Vigor Plast India Company Contact Details
Registered Office: Survey No. 640/3,
Behind Gujarat Gas CNG Pump Godown Zone,
Lalpur Road, Dared, Village: Chela,
Jamnagar – 361 006, Gujarat, India
Telephone No: 0288-2730912
E-Mail: info@vigorplastindia.com
Website: www.vigorplastindia.com
Vigor Plast India Lead Manager
UNISTONE CAPITAL PRIVATE LIMITED
A/ 305, Dynasty Business Park, Andheri-Kurla Road,
Andheri East, Mumbai – 400 059, Maharashtra, India.
Telephone: +91 224 604 6494
Email: mb@unistonecapital.com
Website: www.unistonecapital.com
Vigor Plast India IPO Registrar
KFIN TECHNOLOGIES LIMITED
Address: Selenium Tower-B, Plot 31 & 32,
Gachibowli, Financial District,
Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana, India.
Telephone: +91 40 6716 2222
Email: vpil.ipo@kfintech.com
Website: www.kfintech.com
Vigor Plast India IPO FAQs
Question 1: What is the Vigor Plast India IPO?
Answer 1:Vigor Plast India IPO is a SME IPO of 30,99,200 equity shares of the face value of ₹10 approximately up to ₹25.41 Cr. The issue is priced at ₹77 to ₹81 per share.
The Vigor Plast India IPO opens on Sep 04, 2025 and closes on Sep 09, 2025.
KFin Technologies Limited is the registrar for the IPO. The shares to be listed on NSE SME.
Question 2: How to apply in Vigor Plast India IPO through Groww?
Answer 2: Groww customers can apply online in Vigor Plast India IPO using UPI as a payment gateway. Groww customers can apply in Vigor Plast India IPO by login into Groww (back office) and submitting an IPO application form.
Steps to apply in Vigor Plast India IPO through Groww –
- Visit the Groww website and login to Groww.
- Go to Main Page and click the Products & tools and click IPO tab.
- New page Open and Show ‘Vigor Plast India IPO’ click the ‘Apply’ button.
- Show IPO detail Shares lot Size and Bid Price & click here to Cutoff Price check Box and Continue.
- Inter Your UPI id like . 95****299@kotak accept terms and condition click Box and Apply For IPO
- groww share payment link Your UPI Mobile Number Pay Payment for IPO Bid to approve the e-mandate successfully submit application .
Question 3: When Vigor Plast India IPO will open?
Answer 3: The Vigor Plast India IPO opens on Sep 04, 2025, and closes on Sep 09, 2025.
Question 4: What is the lot size of Vigor Plast India IPO?
Answer 4:Vigor Plast India IPO lot size and the minimum order quantity is 1,600 Shares.
Question 5: How to apply for Vigor Plast India IPO?
Answer 5: You can apply in Vigor Plast India IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Groww, Zerodha, Upstox, 5Paisa, Phonepe Share Market, HDFC Bank, and Angel one.
Question 6: When is Vigor Plast India IPO allotment date?
Answer 6: The Basis of Allotment for Vigor Plast India IPO will be on Wed, Sep 10, 2025, and the allotted shares will be credited to your demat account by Thu, Sep 11, 2025. For Check the Vigor Plast India IPO allotment status.
Question 7: When is Vigor Plast India IPO listing date?
Answer 7: The Vigor Plast India IPO listing date is Sep 12, 2025. The date of Vigor Plast India IPO listing on Fri, Sep 12, 2025.
