Vigor Plast IPO Details
| IPO Open Date: | September 4, 2025 |
| IPO Close Date: | September 9, 2025 |
| Face Value: | ā¹10 Per Equity Share |
| IPO Price Band: | ā¹77 to ā¹81 Per Share |
| Issue Size: | Approx ā¹25.10 Crores |
| Fresh Issue: | Approx ā¹18.99 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 ā¹2,59,200 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 3,200 | ā¹2,59,200 |
| Retail Maximum | 2 | 3,200 | ā¹2,59,200 |
| S-HNI Minimum | 3 | 4,800 | ā¹3,88,800 |
| S-HNI Maximum | 8 | 11,200 | ā¹9,07,200 |
| B-HNI Minimum | 9 | 12,800 | ā¹10,36,800 |
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. āVigorā 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 ā¹46.02 crores in 2025 against ā¹42.52 crores in 2024. The company reported profit of ā¹5.15 crores in 2025 against profit of ā¹2.93 crores in 2024.
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2023 | ā¹37.39 | ā¹37.04 | ā¹0.30 | ā¹20.09 |
| 2024 | ā¹42.52 | ā¹38.39 | ā¹2.93 | ā¹35.89 |
| 2025 | ā¹46.02 | ā¹39.16 | ā¹5.15 | ā¹40.51 |
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): | ā¹6.57 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 59.39% |
| Net Asset Value (NAV): | ā¹16.27 |
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
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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/
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