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Vigor Plast India Ltd.

Vigor Plast India Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹81
₹81
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹81
Based on GMP
Min. Investment
₹129,600
1 lot × 1600 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
04 Sep 2025
Close Date
09 Sep 2025
Allotment
10 Sep 2025
Listing Date
12 Sep 2025
Exchange
NSE SME
Price Band
₹81
Listing Price
See chart
Allotment Status
Price Band
₹81
Per share
Face Value
₹10 per share
 
Lot Size
1,600 Shares
per lot
Issue Size
30,99,200 shares (aggregating up to ₹25.10 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹129,600
1 lot
Pre-IPO Holding
78,52,500 shares
Promoters
Post-IPO Holding
1,03,51,700 shares
Promoters
P/E (Pre)
12.35x
 
P/E (Post)
16.28x
 
EPS (Pre)
₹6.56
 
EPS (Post)
₹4.98
 
UPI Deadline
2025-09-09
Mandate
Anchor AllotmentWed, 03 Sep 2025
Basis of AllotmentWed, 10 Sep 2025
Refund InitiationThu, 11 Sep 2025
Demat CreditThu, 11 Sep 2025
Listing DayFri, 12 Sep 2025
UPI Mandate Deadline2025-09-09
Sale TypeFresh Capital-cum-Offer for Sale
Net Offer to Public29,44,000 shares (aggregating up to ₹23.85 Cr)
Market Maker Quota1,55,200 shares (aggregating up to ₹1.26 Cr)
Fresh Issue Shares23,44,000 shares (aggregating up to ₹18.99 Cr)
Offer for Sale6,00,000 shares of ₹10 (aggregating up to ₹4.86 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Vigor Plast India Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 09 Sep 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
155,200
₹1.26
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
3,099,200
100% ₹25.10
IPO Shares Offered
Vigor Plast India Ltd. IPO total issue size: ₹25.10 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 155,200 ₹1.26
5.01%
Total 3,099,200 ₹25.10
100.00%
* Based on upper price band ₹81 per share
Lot Size & Investment
Lot Size
1,600
Shares per Lot
Issue Price
₹81.00
Upper Band
Min Investment
₹129,600
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)23,200₹259,200
Retail (Max — 13 Lots)1320,800₹1,684,800
S-HNI (Min — 14 Lots)1422,400₹1,814,400
B-HNI (Min — 68 Lots)68108,800₹8,812,800
* Issue Price ₹81 × Lot Size 1,600 shares
IPO Schedule
Anchor
03 Sep 2025
✓ Done
IPO Open
04 Sep 2025
✓ Done
IPO Close
09 Sep 2025
✓ Done
Allotment
10 Sep 2025
✓ Done
Refunds
11 Sep 2025
✓ Done
Demat Credit
11 Sep 2025
✓ Done
Listing Day
12 Sep 2025
✓ Done
Vigor Plast India Ltd. — Live Price LIVE
₹81.00
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Issue ₹81.00 Live Price
About Vigor Plast India Ltd.
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 RangeVigor 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 Indian states and territories (as of March 31, 2025), offering flexible credit terms and leveraging an Android-based “Vigor India Plast” app for seamless order placement.As of June 30, 2025, the company has 81 personnel, excluding Board members, engaged in Management, Purchase, Procurement, Marketing, Production, Quality Control, Packing, Dispatch, Sales, and Human Resources.Competitive StrengthsA broad, versatile product lineup tailored to diverse applicationsStrong brand identity focused on quality and reliabilityA modern, strategically located manufacturing setup enabling efficiency in cost, production, and logisticsCertification-backed quality (ISO and multiple IS/BIS standards).
Objects of the Issue
1
1 Repayment of certain secured borrowings availed by the Company
2
2 Funding capital expenditure towards the development and construction of new warehouse in Ahmedabad, Gujarat
3
3 General corporate purposes
Vigor Plast India Ltd. Financials (Amount in Crore)
Revenue from Operations
₹37.4
31 Mar 2023
₹42.5
31 Mar 2024
₹46.0
31 Mar 2025
Profit After Tax (PAT)
₹0.3
31 Mar 2023
₹2.9
31 Mar 2024
₹5.2
31 Mar 2025
Particulars31 Mar 202531 Mar 202431 Mar 2023
Revenue from Operations 46.02 42.52 37.39
EBITDA 12.08 7.55 3.08
Profit After Tax (PAT) 5.15 2.93 0.30
Net Worth 12.78 4.57 1.64
Total Assets 40.51 35.89 20.09
Reserves & Surplus 4.93 4.07 1.14
Borrowings 17.72 21.57 11.29
EBITDA Margin (%) 26.51%
PAT Margin (%) 11.30%
P/BV Ratio
4.97
RoE
59.39%
RoCE
28.24%
RoNW
59.39%
PAT Margin
11.30%
EBITDA Margin
26.51%
Debt/Equity
1.39
Issue Structure & Shareholding
Total Shares Offered30,99,200 (100.00%)
Net Offer to Public29,44,000 shares (aggregating up to ₹23.85 Cr)
Reserved for Market Maker1,55,200 shares (aggregating up to ₹1.26 Cr)
Pre-Issue Promoter Holding78,52,500 shares
Post-Issue Promoter Holding1,03,51,700 shares
P/BV Ratio4.97
RoE59.39%
RoCE28.24%
Debt / Equity1.39
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Unistone Capital Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Vigor Plast India Ltd. IPO subscribed?

Vigor Plast India Ltd. IPO is subscribed 1.00 times by Sep 09, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Vigor Plast India Ltd. IPO retail subscription status?

The Vigor Plast India Ltd. IPO retail category is subscribed 1.00 times as of 09 Sep 2025. The retail portion is oversubscribed.

How to subscribe Vigor Plast India Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 04 Sep 2025 and closes 09 Sep 2025. Min investment: ₹129,600 (1 lot = 1,600 shares). UPI mandate: 2025-09-09.

How many times Vigor Plast India Ltd. IPO subscribed?

The Vigor Plast India Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Vigor Plast India Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 10 Sep 2025. Refunds: on 11 Sep 2025.

When Vigor Plast India Ltd. IPO will be listed?

The Vigor Plast India Ltd. IPO listing date is 12 Sep 2025, Friday. Listed on: NSE SME. Issue price: ₹81. Estimated listing: ₹81. GMP: NIL.

When Vigor Plast India Ltd. IPO close?

The Vigor Plast India Ltd. IPO closes on 09 Sep 2025, Tuesday. UPI mandate: 2025-09-09. Allotment: 10 Sep 2025. Listing: 12 Sep 2025.