Skip to main content
Vigor Plast India IPO
3.91xsubscribed

Vigor Plast India IPO

Plastic Products
listed
₹2.46LMin. investment

Vigor Plast India Limited IPO Details

SectorPlastic Products
Price range₹77.00 – ₹81.00
IPO type
SME
Lot size1600 shares
Issue size₹25Cr
Red Herring Prospectus
Read
Market cap
₹83.85CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹45.58CrLower than sector avg
Growth rate3Y CAGR
6.93%

Vigor Plast India IPO Subscription Status

Date
QIB
NII
Retail
Total
04-Sep-25
0.42 times (X)
0.5 times (X)
0.2 times (X)
0.32 times (X)
05-Sep-25
0.5X
1.96X
0.44X
0.79X
08-Sep-25
0.5X
2.22X
0.85X
1.05X
09-Sep-25
3.94X
7.34X
2.4X
3.91X

As on 04-Sep-25, 5:30 PM

Vigor Plast India IPO Timeline

  1. Pre-apply
    2 Sep 2025
  2. Bid start
    4 Sep 2025
  3. Bid end
    9 Sep 2025
  4. Allotment
    10 Sep 2025
  5. Release of funds
    11 Sep 2025
  6. Demat transfer
    11 Sep 2025
  7. Listing
    12 Sep 2025

About Vigor Plast India Limited

Vigor Plast India Limited, under the brand “VIGOR,” manufactures PVC, uPVC, and cPVC pipes and fittings, serving rural and urban markets with durable water and drainage solutions. The company’s manufacturing facilities is located in Gujarat achieved a capacity utilisation of 69.52% for pipes and 81.36% for fittings in FY25. The company derives the majority of its revenue (97.68%) from the domestic market, while exports to Nepal contributed 2.32%. The revenue mix was led by the industrial sector (44.62%), followed by residential (23.93%), agricultural (22.55%), and commercial (8.90%) applications. Fittings and ancillary products contributed 54.05% of FY25 revenue, while pipes accounted for 45.95%.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Objectives of Vigor Plast India Limited IPO

Repayment of Borrowings
56.25%
The company will utilise ₹11.39 crore towards the repayment of borrowings.
General corporate purposes
25.10%
Part of the IPO proceeds will be used for general corporate purposes.
Capital expenditure
18.76%
The company will utilise ₹3.79 crore towards the development of a new warehouse.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹45.58Cr6.93%₹5.15Cr₹83.85Cr12.331.39
This sector (avg.)₹428.83Cr0%₹23.13Cr₹1,429.77Cr52.170.88
₹10,446.25Cr---₹960.88Cr₹44,630.89Cr54.800.01
₹5,832.4Cr---₹518.9Cr₹39,668.88Cr77.840.06
₹4,141.97Cr---₹800.03Cr₹10,908.91Cr22.710.04

*Revenue for financial year 2024-25. Lower P/E and D/E ratios are generally preferred.

Vigor Plast India IPO Contact Details

Company NameVigor Plast India Limited

How to apply for Vigor Plast India IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Vigor Plast India Limited IPO FAQs