Vigor Plast IPO Subscription Status
Vigor Plast IPO subscribed over 0.33x on its First day till 05.00 PM on 4th September 2025.
- Vigor Plast IPO subscription QIB investors’ portion is 0.42x times, while NII subscribed 0.50x times, and RII investors subscribed 0.20x times.
- The company has received bids for 6,76,800 shares against 20,70,400 shares on offer on the First day.
- Vigor Plast IPO subscribed over 0.33x times on day 1.
About the 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 ₹42.52 crores in 2024 against ₹37.39 crores in 2023. The company reported a profit of ₹2.93 crores in 2024 against a profit of ₹0.30 crores in 2023.
Vigor Plast IPO GMP
Vigor Plast IPO GMP was ₹0 as of Thursday, 4th September. That indicates the IPO is trading at ₹81 with a ₹0 premium in the grey market against the issue price of ₹81.
