Vigor Plast IPO will open on September 4, 2025 and close on September 9, 2025. Vigor Plast IPO is a book-built issue. The company will raise around ₹25.10 crore through the IPO, which includes fresh shares of ₹18.99 crore and 6,00,000 equity shares with face value of ₹10.
The price band of Vigor Plast IPO is ₹77 to ₹81 per share. Retail share is 35%, QIB 50% and HNI 15%. Vigor Plast IPO will be listed on NSE in 2025. The allotment date of Vigor Plast IPO is 2025.
The company reported revenue of ₹46.02 crore in 2025 as against ₹42.52 crore in 2024. The company reported a profit of ₹5.15 crore in 2025, while it was ₹2.93 crore in 2024. As per the financial position, IPO investors should invest in the IPO for the long term.
Vigor Plast IPO Details
| IPO Open Date: | September 4, 2025 |
| IPO Close Date: | September 9, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹77 to ₹81 Per Share |
| Issue Size: | Approx ₹25.10 Crores |
| Fresh Issue: | Approx ₹18.99 Crores |
| Offer for Sale: | Approx 6,00,000 Equity Shares |
| Lot Size: | 1,600 Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Vigor Plast IPO Market Lot
The Vigor Plast IPO minimum market lot is 3,200 shares with ₹2,59,200 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 3,200 | ₹2,59,200 |
| Retail Maximum | 2 | 3,200 | ₹2,59,200 |
| S-HNI Minimum | 3 | 4,800 | ₹3,88,800 |
| S-HNI Maximum | 8 | 11,200 | ₹9,07,200 |
| B-HNI Minimum | 9 | 12,800 | ₹10,36,800 |
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 on September 12.
| IPO Open Date: | September 4, 2025 |
| IPO Close Date: | September 9, 2025 |
| Basis of Allotment: | September 10, 2025 |
| Refunds: | September 11 2025 |
| Credit to Demat Account: | September 11, 2025 |
| IPO Listing Date: | September 12, 2025 |
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 profit of ₹2.93 crores in 2024 against profit of ₹0.30 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2023 | ₹37.39 | ₹37.04 | ₹0.30 | ₹20.09 |
| 2024 | ₹42.52 | ₹38.39 | ₹2.93 | ₹35.89 |
| 2025 | ₹46.02 | ₹39.16 | ₹5.15 | ₹40.51 |
Vigor Plast IPO Valuation – FY2025
Check Vigor Plast IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 59.39% |
| ROCE: | 28.24% |
| EBITDA Margin: | 26.51% |
| PAT Margin: | 11.30% |
| Debt to equity ratio: | 1.39 |
| Earning Per Share (EPS): | ₹6.57 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 59.39% |
| Net Asset Value (NAV): | ₹16.27 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Captain Pipes Limited | 0.27 | 54.23 | 17.43% | 1.73 | 76.35 Cr. |
| Dutron Polymers Limited | 4.08 | 28.69 | 9.54% | 44.05 | 119.24 Cr. |
| Rex Pipes and Cables Industries Limited | 5.02 | 12.74 | 17.46% | 33.23 | 128.61 Cr. |
Promoters of Vigor Plast IPO
The promoters of the company are Jayesh Premjibhai Kathiria, Rajesh Premjibhai Kathiria, Premjibhai Dayabhai Kathiria, Jashwantiben Rajeshbhai Kathiria, and Nitaben Jayeshbhai Kathiria.
About Vigor Plast IPO
The Vigor Plast company was founded in 2014 and became famous for focusing on the business of PVC pipes and fittings. Since 2020, they have set up a manufacturing facility to produce polyvinyl chloride (PVC), unplasticized polyvinyl chloride (UPVC), and chlorinated polyvinyl chloride (CPVC) pipes, fittings, and related products. The company has received several quality certifications from the Bureau of Indian Standards (BIS) for both the products and the manufacturing facility. The company has set up five warehouses in four strategic locations in Gujarat, India: Rajkot, Jamnagar, Surat, and Ahmedabad. “VIGOR” is the brand under which their products are sold to increase brand awareness. The company has a sales network of 387 distributors across approximately 25 states and union territories as of December 31, 2024.