Vigor Plast IPO Details
The Vigor Plast IPO is a book build issue with a total issue size of ₹25.1 cr, comprising of fresh issue of 2344000 equity shares., and a offer for sale of 600000 equity shares. Vigor Plast IPO opened for subscription on Sep 04, 2025 and closed on Sep 09, 2025. Vigor Plast IPO is set price band at ₹77 to ₹81 per share, with a lot size of 1600 shares. Minimum investment for Retail investors was ₹259,200.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Sep 10, 2025, and listed on the NSE on Sep 12, 2025.
Kfin Technologies Limited has been appointed as the registrar. Unistone Capital Pvt Ltd are the Book Running Lead Manager for the issue.
Before investing in the Vigor Plast IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 77 – 81
- Lot Size
- 1600
- Issue Size
- ₹25.1 Cr
- Minimum Investment
- ₹259200 (3200 Shares)
- Listing Date
- 12 September 2025
Current GMP
₹0 (0.00%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Vigor Plast India Limited
Incorporated in 2012, Vigor Plast India Limited is engaged in the manufacturing and supply of high-quality CPVC and UPVC pipes and fittings. The company provides end-to-end piping solutions catering to diverse applications in plumbing, sewage, agriculture, and industrial sectors.
Manufacturing & Infrastructure
The company operates its manufacturing facility and registered office at Dared, Gujarat, equipped with fully automated machinery to ensure precision, consistency, and quality in production. Advanced processes streamline operations while enabling stringent quality control.
To strengthen distribution efficiency, the company has established five strategically located warehouses in Gujarat—at Rajkot, Jamnagar, Surat, Ahmedabad, and Dholka—ensuring timely supply across its network.
Product Portfolio
Vigor offers a wide range of piping solutions:
- Pipes:
- CPVC pipes
- UPVC plumbing pipes
- SWR Ring Fit & SWR Self Fit pipes
- PVC agricultural pipes
- Fittings & Accessories:
- CPVC and UPVC fittings
- Agricultural fittings (Self Fit)
- SWR Ring Fit & Self Fit fittings
- Ancillary products such as PTMT taps and garden pipes
Distribution Network
As of March 31, 2025, Vigor has built a robust network of 440 distributors and dealers spread across 25 Indian states and union territories. To support its channel partners, the company offers flexible credit terms and facilitates digital order management through its dedicated Android application, “Vigor India Plast.”
Human Resources
As of June 30, 2025, the company employs 81 professionals (excluding Board members) across critical functions including Management, Purchase, Procurement, Marketing, Production, Quality Control, Packing, Dispatch, Sales, and Human Resources.
Vigor Plast IPO Promoters
- Jayesh Premjibhai Kathiriya
- Rajesh Premjibhai Kathiriya.
- Premjibhai Dayabhai Kathiria
- Jashvantiben Rajeshbhai Kathiriya
- Nitaben Jayeshbhai Kathiriya
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
70.05%
Vigor Plast IPO Objective
The Company Vigor Plast IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Repayment of certain secured borrowings availed by our Company
- Funding capital expenditure towards development and construction of new warehouse in Ahmedabad, Gujarat
- General corporate purposes
Address / Contact Info
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/
IPO Snapshot
Book Running Lead Managers
- Unistone Capital Pvt Ltd
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Vigor Plast IPO is a Book-building IPO with a total issue size of ₹25.1 crore. The Vigor Plast IPO price band is ₹77 to 81 per share. The Vigor Plast IPO subscription opens on Thu, Sep 4, 2025, and closes on Tue, Sep 9, 2025. The Vigor Plast IPO will be listed on the NSE. Kfin Technologies Limited is the registrar for the Vigor Plast IPO.
The Vigor Plast IPO opens on Thu, Sep 4, 2025 and closes on Tue, Sep 9, 2025
Vigor Plast IPO Price Band is ₹77 to 81 per share.
Vigor Plast IPO lot size is 1600 shares, Retail investors need a minimum investment of ₹259200 based on the upper price band
The minimum investment for Vigor Plast IPO is ₹259200, based on one lot of 1600 shares at the upper price band of ₹81 per share.
Investors can apply for the Vigor Plast IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Sep 9, 2025. The application amount remains blocked until the Vigor Plast IPO allotment is finalized.
Vigor Plast IPO issue size is ₹25.1 crores.
Vigor Plast IPO allotment date is Wed, Jul 1, 2026.
The registrar for Vigor Plast IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website to check Vigor Plast IPO allotment status, refund processing, and other IPO-related information.