Vigor Plast IPO Date, Review, Price, Allotment Details
The Vigor Plast IPO will open on September 4, 2025, and close on September 9, 2025. It is a Book Built Issue through which the company plans to raise around ₹25.10 crores. The issue consists of a fresh issue of ₹18.99 crores along with an offer for sale of up to 6,00,000 equity shares with a face value of ₹10 each.
The price band has been fixed at ₹77 to ₹81 per share. The IPO allocation includes 50% for QIBs, 15% for HNIs, and 35% for retail investors. The shares are proposed to be listed on the NSE in 2025, with the allotment date to be finalized in 2025.
On the financial side, the company reported revenue of ₹46.02 crores in FY 2025, compared to ₹42.52 crores in FY 2024. Net profit also increased significantly, reaching ₹5.15 crores in FY 2025 against ₹2.93 crores in FY 2024. Based on this performance, experts believe the IPO could be a favorable option for long-term investors.
Vigor Plast IPO Details
Vigor Plast IPO Market Lot
The Vigor Plast IPO minimum market lot is 3,200 shares with ₹2,59,200 application amount.
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 will be on September 12.
Promoters of Vigor Plast IPO
The promoters of Vigor Plast Limited are Mr. Jayesh Premjibhai Kathiriya, Mr. Rajesh Premjibhai Kathiriya, Mr. Premjibhai Dayabhai Kathiria, Mrs. Jashvantiben Rajeshbhai Kathiriya, and Mrs. Nitaben Jayeshbhai Kathiriya.
About Vigor Plast IPO
Established in 2014, Vigor Plast initially gained recognition through its focus on PVC pipes and fittings trading. In 2020, the company expanded into manufacturing, setting up a facility to produce Polyvinyl Chloride (PVC), Unplasticized Polyvinyl Chloride (uPVC), and Chlorinated Polyvinyl Chloride (CPVC) pipes, fittings, and related products.
The company has obtained multiple quality certifications from the Bureau of Indian Standards (BIS) for both its products and manufacturing processes. To strengthen its market presence, Vigor Plast has built five warehouses across four strategic locations in Gujarat—Rajkot, Jamnagar, Surat, and Ahmedabad.
Its products are marketed under the brand name “Vigor”, which has helped boost brand visibility and awareness. As of December 31, 2024, the company operated through a strong sales network comprising 387 distributors spread across 25 states and union territories in India.
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.
Amount in Crores (₹)
Vigor Plast IPO Valuation – FY2025
Check Vigor Plast IPO valuation details like Earnings Per Share (EPS), Price/Earnings (P/E) Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
Peer Group Comparison
Objects of the Issue
- Repayment of certain secured borrowings availed by the Company
- Funding capital expenditure towards the development and construction of a new warehouse in Ahmedabad, Gujarat
- General corporate purposes
Vigor Plast IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: vpil.ipo@kfintech.com
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: info@vigorplastindia.com
Website: https://www.vigorplastindia.com/