IPO - Initial Public Offerings

 VIGOR

  

VIGOR PLAST INDIA LTD. IPO

04 Sep, 10:00 AM

Issue Open

09 Sep, 05:00 PM

Issue Close

1600

Lot Size

₹ 77.00 – ₹ 81.00

Price Range

IPO Issue Details

Issue size 25.10 Cr
Market Price 81.00
Registrar Kfin Technologies Ltd
Face Value RS.10 /- Per share
Listing at NSE

About

VIGOR PLAST INDIA LTD. 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, utilize 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 (Sell 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 Plats” 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.

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 2 3200 ₹ 2,59,200.00
Retail (Max) 2 3200 ₹ 2,59,200.00
S-HNI (Min) 3 4800 ₹ 3,88,800.00
S-HNI (Max) 8 12800 ₹ 10,36,800.00
B-HNI (Min) 9 14400 ₹ 11,66,400.00

IPO TimeLine

Open Date 04-Sep-2025
Close Date 09-Sep-2025
Basis of Allotment Date 10-Sep-2025
Initiation of Refunds 11-Sep-2025
Credit Shares to Demat A/c 11-Sep-2025
IPO Listing Date 12-Sep-2025