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Vigor Plast India Ltd. IPO Details – Price, Date, GMP & Analysis
Listed
SME
Price Range:
Rs.81.00
Issue Size:
Rs.25.10 Cr
Lot Size:
3200 shares
Open Date:
September 4
Vigor Plast India Ltd. IPO Overview
Bidding Dates
September 4 - September 9
Min Investment
₹259,200
Price Range
₹81.00
Issue Size
₹25.10 Cr
IPO DRHP Doc
Company Overview
Vigor Plast India Limited, incorporated in 2012, manufactures and supplies CPVC and UPVC pipes and fittings for plumbing, sewage, agriculture, and industrial applications. The company operates a fully automated manufacturing facility in Dared, Gujarat, and has five warehouses in Gujarat, although one is not yet operational. As of December 31, 2024, Vigor Plast employs 83 people.
IPO Timeline
Opens
Sep 4
Closes
Sep 9
Allotment
Sep 10
Refunds
Sep 11
Shares Credit
Sep 11
Listing
Sep 12
Opens
Sep 4
Closes
Sep 9
Allotment
Sep 10
Refunds
Sep 11
Shares Credit
Sep 11
Listing
Sep 12
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 3.94x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 7.03x | Oversubscribed |
| RII (Retail Individual Investors) | 2.49x | Oversubscribed |
| Total Subscription | 3.88x | Oversubscribed |
Last updated: Sep 9, 2025, 06:22 PM
Current GMP:
No Premium
Est. Listing:
Rs.81
Est. Gain:
0%
Star Rating:
★★★★★(1/5)
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Assets | ₹40.51 Cr | ₹35.89 Cr | ₹20.09 Cr |
| EBITDA | ₹12.08 Cr | ₹7.55 Cr | ₹3.08 Cr |
| Net Worth | ₹12.78 Cr | ₹4.57 Cr | ₹1.64 Cr |
| Profit After Tax | ₹5.15 Cr | ₹2.93 Cr | ₹0.3 Cr |
| Reserves and Surplus | ₹4.93 Cr | ₹4.07 Cr | ₹1.14 Cr |
| Total Borrowing | ₹17.72 Cr | ₹21.57 Cr | ₹11.29 Cr |
| Total Income | ₹46.02 Cr | ₹42.52 Cr | ₹37.39 Cr |
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- Wide product range across PVC, uPVC, CPVC, SWR lines.
- Large 160,000 sq ft plant with advanced lab facilities.
- BIS-certified products ensure compliance and reliability.
- Pan-India reaches via distributors and five warehouses.
- Strong recent financial performance with profit growth.
IPO Details
Vigor Plast IPO Details
| Face Value | ₹10 per share |
| Fresh Issue (Ex Market Maker) | 23,44,000 shares (aggregating up to ₹18.99 Cr) |
| IPO Date | September 4, 2025 to September 9, 2025 |
| Issue Price Band | ₹77 to ₹81 per share |
| Issue Price Final | ₹81 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Listing Date | September 12, 2025 |
| Lot Size | 1,600 Shares |
| Net Offered to Public | 29,44,000 shares (aggregating up to ₹23.85 Cr) |
| Offer for Sale | 6,00,000 shares of ₹10 (aggregating up to ₹4.86 Cr) |
| Reserved for Market Maker | 1,55,200 shares (aggregating up to ₹1.26 Cr)Alacrity Securities Ltd. |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Share Holding Post Issue | 1,03,51,700 shares |
| Share Holding Pre Issue | 78,52,500 shares |
| Total Issue Size | 30,99,200 shares (aggregating up to ₹25.10 Cr) |
Vigor Plast IPO Reservation
Share Reservation Distribution
QIB
1,464,000 shares (47.24%)
Retail
1,033,600 shares (33.35%)
Anchor Investors
873,600 shares (28.19%)
QIB (Ex-Anchor)
590,400 shares (19.05%)
HNI (NII)
446,400 shares (14.4%)
bNII (>₹10L)
297,600 shares (9.6%)
Market Maker
155,200 shares (5.01%)
sNII (<₹10L)
148,800 shares (4.8%)
Vigor Plast IPO Promoter Holding
| Promoter Holding Post Issue | 70.05% |
| Promoter Holding Pre Issue | 100.00% |
Vigor Plast IPO Listing Details
| BSE Script Code | |
| Final Issue Price | ₹81 per share |
| ISIN | INE1DM601016 |
| Listing Date | September 12, 2025 |
| NSE Listing Group | ST (Trade to Trade) |
| NSE Symbol | VIGOR |
Key Dates
Open Date:September 4
Close Date:September 9
Listing Date:September 12
