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Open
4 Sep 2025
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Close
9 Sep 2025
3
Allotment
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Listing
Fri, Sep 12, 2025
Price Band
₹77 to ₹81
Issue Size
30,99,200 shares (agg. up to ₹25 Cr)
Lot Size
1,600 Shares
Listing Date
Fri, Sep 12, 2025
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 3.17x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 40.51 | 35.89 | 20.09 |
| Total Income | 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 | 1.14 |
| Total Borrowing | 17.72 | 21.57 | 11.29 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| B.D.Industries (Pune) Ltd. | SME | ₹45.36 Cr | ₹108 | 13.27 | ₹108.15 | +0.14% | ₹108.90 (-1.45%) |
| L.K.Mehta Polymers Ltd. | SME | ₹7.38 Cr | ₹71 | 41.04 | ₹68.29 | -3.82% | ₹40.75 (-1.38%) |
| Malpani Pipes & Fittings Ltd. | SME | ₹25.92 Cr | ₹90 | 2.42 | ₹84.04 | -6.62% | ₹69.95 (+5.74%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment of Certain Secured Borrowings availed by the Company | 11.39 |
| 2 | Funding capital expenditure towards the development and construction of new warehouse in Ahmedabad, Gujarat | 3.80 |
| 3 | General Corporate Purposes | 3.03 |
| 4 | Issue Expenses | 2.50 |
| Total | 20.73 |
About Vigor Plast IPO
Incorporated in 2012, Vigor Plast India Limited is engaged in the manufacturing and supplying of CPVC and UPVC pipes and fittings. The company offers a comprehensive range of products, including CPVC and UPVC plumbing pipes and fittings, SWR pipes, and PVC agricultural pipes. These products are designed for use in various applications, including plumbing, sewage, agriculture, and industrial sectors. The company’s manufacturing facility and registered office in Dared, Gujarat, utilise fully automated equipment to ensure consistent, high-quality production while streamlining operations and maintaining close oversight. The company has established five warehouses in Gujarat, located in Rajkot, Jamnagar, Surat, Ahmedabad, and Dholka. Product Range Vigor offers a comprehensive selection of piping solutions for various applications: Pipes: CPVC, uPVC plumbing pipes, SWR Ring Fit & SWR Self Fit pipes, and PVC agricultural pipes. Fittings and Accessories: A full spectrum of CPVC and uPVC fittings, agricultural fittings (Sel Fit), SWR Ring Fit and Self Fit fittings, plus ancillary products such as PTMT taps and garden pipes. Vigor maintains a network of 440 distributors and dealers across 25
Contact Details
Vigor Plast India Ltd. AddressSurvey No.640/3Behind Gujarat Gas CNG Pump Godown ZoneLalpur Road, Dared, Village: ChelaJamnagar, Gujarat, 3610060288-2730912info@vigorplastindia.comVisit Website