Vigor Plast India Limited is going to launch its IPO on Sept 04, 2025, with the objective of raising 25.10 crores (approx) from the market. The IPO will close on Sept 09, 2025, and the company will list on the National Stock Exchange (NSE) on Sept 12, 2025.
About Vigor Plast India
Vigor Plast India Limited, based in Jamnagar, Gujarat, has been a trusted name in the plumbing pipes and fittings industry since 2014. The company is one of the fastest-growing organizations in the region, known for delivering high-quality products at competitive prices.
With a 16,566 sq. mt. modern manufacturing facility, Vigor Plast produces a complete range of plumbing solutions. Its product line includes:
- uPVC Plumbing Pipes & Fittings (15 mm to 100 mm)
- CPVC Plumbing Pipes & Fittings (15 mm to 100 mm)
- PVC Pipes (20 mm to 200 mm) & PVC Fittings (20 mm to 160 mm)
- SWR Ring Fit Pipes & Fittings (75 mm to 160 mm)
- SWR SEL Fit Pipes (40 mm to 160 mm) and Fittings (75 mm to 160 mm)
The company ensures strict quality control through a fully equipped laboratory and regular inspections from raw material selection to final dispatch. It holds BIS certification for CPVC, SWR, and PVC products, along with ISO 9001:2015 certification for quality management.
Sectors Served:
- Residential
- Commercial
- Agriculture
- Industrial
Vision:
Vigor Plast aims to achieve a 100 crore turnover by 2025-26, expand its presence worldwide, and rank among the top 10 companies in the plumbing sector. The company also plans to establish depots across India for faster and more efficient service.
Mission:
The mission of Vigor Plast India Limited is to provide a wide range of durable and affordable plumbing solutions for homes, buildings, industries, and agriculture, ensuring customer satisfaction and trust.
IPO details of Vigor Plast India
| IPO Date | 04 Sept 2025 to 09 Sept 2025 |
| Offer Price | 77 to 81 per share |
| Lot Size | 3,200 Shares |
| Min. Retail Subscription (In Rs.) | 2,59,200 |
| Face Value | 10 per share |
| Issue Size (In Cr.) (Approx) | 25.10 |
| Issue Type | Book Building |
| Listing In | NSE |
Investor category allocation of Vigor Plast India IPO
| Investor category | Shares Allocated | Allocation (%) |
| Retail Individuals | 10,30,400 | 33.25% |
| Anchor Investors | 8,83,200 | 28.50% |
| QIBs | 5,88,800 | 19.00% |
| NIIs/HNIs | 4,41,600 | 14.25% |
| Market Makers | 1,55,200 | 5.00% |
| Total | 30,99,200 | 100% |
Vigor Plast India IPO Schedule
| IPO Open Date | 04 Sept 2025 |
| IPO Close Date | 09 Sept 2025 |
| UPI Mandate deadline | 09 Sept 2025 (5 PM) |
| Allotment Date | 10 Sept 2025 |
| Refund Initiation | 11 Sept 2025 |
| Demat Transfer | 11 Sept 2025 |
| Listing Date | 12 Sept 2025 |
Financial Information of Vigor Plast India IPO
| Financial End | March 2023 | March 2024 | March 2025 |
| Total Assets (In Cr.) | 20.09 | 35.89 | 40.51 |
| Revenue (In Cr.) | 37.39 | 42.52 | 46.02 |
| Profit After Tax (In Cr.) | 0.30 | 2.93 | 5.15 |
| Net Worth (In Cr.) | 1.64 | 4.57 | 12.78 |
Objectives of Vigor Plast India IPO
- Repayment of certain secured borrowings availed by our Company;
- Funding capital expenditure towards the development and construction of new warehouse in Ahmedabad, Gujarat;
- General corporate purposes.
Prospectus of Vigor Plast India IPO
Vigor Plast India Limited DRHP
Promoters of Vigor Plast India IPO
- Jayesh Premjibhai Kathiriya
- Rajeshbhai Kathiriya
- Premjibhai Dayabhai Kathiriya
- Jashvantiben Rajeshbhai Kathiriya
- Nitaben Jayeshbhai Kathiriya
Registered Address of Vigor Plast India Limited IPO
Vigor Plast India Limited
Survey No. 640/3, Behind Gujarat Gas CNG Pump Godown Zone,
Lalpur Road, Dared, Village Chela,
Jamnagar – 361 006, Gujarat, India
Tel No: 0288-2730912
Email Id: info@vigorplastindia.com
Website: www.vigorplastindia.com
Vigor Plast India Limited IPO – Registrar Details
Kfin Technologies Limited
Selenium Tower- B, Plot 31-32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad-500 032, Telangana, India.
Contact Person: M Murali Krishna
Tel No.: +91 40 6716 2222
Email: vpil.ipo@kfintech.com
Investor Grievance Email: einward.ris@kfintech.com
Website: www.kfintech.com
Vigor Plast India Limited IPO Lead Manager Details
Unistone Capital Private Limited
FAQs
Q. What is Vigor Plast India IPO?
A. Vigor Plast India IPO is a Small and Medium Enterprises (SME) Initial Public Offering (IPO). The company is coming up with its public issue to raise funds and get listed on the NSE SME platform.
Q. When will Vigor Plast India IPO open for subscription?
A. The IPO will open for subscription on 04 September 2025 and will close on 09 September 2025. Investors can apply within these six days.
Q. What is the Vigor Plast India IPO Issue Size?
A. The total issue size of the IPO is approximately 25.10 Crores.
Q. What is the Vigor Plast India IPO Price Band?
A. The price band for Vigor Plast India IPO is fixed at 77 to 81 per equity share.
Q. What is the Vigor Plast India IPO Lot Size?
A. The minimum lot size for retail investors is 3,200 shares. This means an investor must apply for at least 1 lot, which will cost 2,59,200 at the upper price band (81). Applications must be made in multiples of 3,200 shares thereafter.
Q. What is the Vigor Plast India IPO Allotment Date?
A. The basis of allotment for Vigor Plast India IPO is expected to be finalized on 10 September 2025. On this date, successful investors will be allotted shares.
Q. What is the Vigor Plast India IPO Listing Date?
A. Vigor Plast India IPO shares are proposed to be listed on the NSE SME platform with a tentative listing date of 12 September 2025.
Q. How to Check Vigor Plast India Limited IPO Allotment Status?
A. To check the allotment status of Vigor Plast India Limited IPO, follow these steps:
- Visit the official website of the IPO registrar – Kfin Technologies Limited
- Click on “IPO Allotment Status”.
- Select Vigor Plast India Limited IPO from the dropdown menu.
- Enter your PAN, application number, or DP/Client ID.
- Click “Search” to view your allotment result.
Visit our website for the latest IPO updates and other financial information.