Vigor Plast IPO Details
| IPO Open Date: | September 4, 2025 |
| IPO Close Date: | September 9, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹77 to ₹81 Per Share |
| Issue Size: | Approx ₹25.10 Crores |
| Fresh Issue: | Approx ₹18.99 Crores |
| Offer for Sale: | Approx 6,00,000 Equity Shares |
| Lot Size: | 1,600 Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Vigor Plast IPO Market Lot
The Vigor Plast IPO minimum market lot is 3,200 shares with ₹2,59,200 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 3,200 | ₹2,59,200 |
| Retail Maximum | 2 | 3,200 | ₹2,59,200 |
| S-HNI Minimum | 3 | 4,800 | ₹3,88,800 |
| S-HNI Maximum | 8 | 11,200 | ₹9,07,200 |
| B-HNI Minimum | 9 | 12,800 | ₹10,36,800 |
Vigor Plast IPO Dates
The Vigor Plast IPO date is September 4 and the close date is September 9. The Vigor Plast IPO allotment will be finalized on September 10 and the IPO listing on September 12.
| IPO Open Date: | September 4, 2025 |
| IPO Close Date: | September 9, 2025 |
| Basis of Allotment: | September 10, 2025 |
| Refunds: | September 11 2025 |
| Credit to Demat Account: | September 11, 2025 |
| IPO Listing Date: | September 12, 2025 |
Promoters of Vigor Plast IPO
The promoters of the company are Jayesh Premjibhai Kathiriya, Rajesh Premjibhai Kathiriya, Premjibhai Dayabhai Kathiria, Jashvantiben Rajeshbhai Kathiriya, and Nitaben Jayeshbhai Kathiriya.
About Vigor Plast IPO
Vigor Plast company was founded in 2014 and became famous for focusing on the trading of PVC pipes and fittings. Since 2020, they have established a manufacturing facility to produce Polyvinyl Chloride (PVC), unplasticized polyvinyl chloride (uPVC), and chlorinated Polyvinyl Chloride (CPVC) pipes, fittings, and related products. The company has received several quality certifications from the Bureau of Indian Standards (BIS) for both products and the manufacturing facility. The company has established five warehouses across four strategic locations in Gujarat: Rajkot, Jamnagar, Surat, and Ahmedabad, in Gujarat, India. “Vigor” is the brand under which their products have been sold to enhance brand awareness. The company has around a sales network that includes 387 distributors in around 25 states and union territories as of December 31, 2024.
Vigor Plast IPO Company Financial Report
The company reported revenue of ₹46.02 crores in 2025 against ₹42.52 crores in 2024. The company reported profit of ₹5.15 crores in 2025 against profit of ₹2.93 crores in 2024.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2023 | ₹37.39 | ₹37.04 | ₹0.30 | ₹20.09 |
| 2024 | ₹42.52 | ₹38.39 | ₹2.93 | ₹35.89 |
| 2025 | ₹46.02 | ₹39.16 | ₹5.15 | ₹40.51 |
Vigor Plast IPO Valuation – FY2025
Check Vigor Plast IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 59.39% |
| ROCE: | 28.24% |
| EBITDA Margin: | 26.51% |
| PAT Margin: | 11.30% |
| Debt to equity ratio: | 1.39 |
| Earning Per Share (EPS): | ₹6.57 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 59.39% |
| Net Asset Value (NAV): | ₹16.27 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Captain Pipes Limited | 0.27 | 54.23 | 17.43% | 1.73 | 76.35 Cr. |
| Dutron Polymers Limited | 4.08 | 28.69 | 9.54% | 44.05 | 119.24 Cr. |
| Rex Pipes and Cables Industries Limited | 5.02 | 12.74 | 17.46% | 33.23 | 128.61 Cr. |
Objects of the Issue
- 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
Vigor Plast IPO Review
- Canara Bank –
- DRChoksey FinServ –
- Emkay Global –
- Hem Securities –
- IDBI Capital –
- Marwadi Shares –
- Nirmal Bang –
- SBICAP Securities –
- Sharekhan –
- SMC Global –
- Sushil Finance –
- Swastika Investmart –
- Ventura Securities –
- Geojit –
- Reliance Securities –
- Capital Market –
- BP Wealth –
- ICICIdirect –
- Choice Broking –
Vigor Plast IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Managers aka Merchant Bankers
- Unistone Capital Pvt Ltd
Company Address
Vigor Plast India Ltd.
Survey No. 640/3,
Behind Gujarat Gas CNG Pump Godown Zone,
Lalpur Road, Dared, Village: Chela,
Jamnagar, Gujarat, 361006
Phone: 0288-2730912
Email: [email protected]
Website: https://www.vigorplastindia.com/
Vigor Plast IPO FAQs
What is Vigor Plast IPO?
When Vigor Plast IPO will open for subscription?
What is Vigor Plast IPO Investors Portion?
How to Apply the Vigor Plast IPO?
What is Vigor Plast IPO Issue Size?
What is Vigor Plast IPO Price Band?
What is Vigor Plast IPO Lot Size?
What is the Vigor Plast IPO Allotment Date?
What is the Vigor Plast IPO Listing Date?
Note: The Vigor Plast IPO price band and date are officially announced. The (Vigor Plast IPO grey market premium) will be added to the IPO GMP page as it will start).
