Vigor Plast India Limited IPO
Price Band
₹77 - ₹81
Total Issue
₹25 Cr
Bid Dates
04 Sep - 09 Sep
Subscription
3.88x
Listing Price
₹85 (4.94%)
Valuation
Market Cap
₹83.85 Cr
P/E Ratio
12.33x
P/B Ratio
4.98x
Vigor Plast IPO Dates
Business Overview
Vibhor Plast is engaged in the manufacturing and supply of a wide range of Polyvinyl Chloride (PVC), Unplasticized Polyvinyl Chloride (uPVC) and Chlorinated Polyvinyl Chloride (cPVC) pipes, fittings and allied products catering to applications in plumbing, irrigation and SWR (Soil, Waste and Rainwater) management. Serving both rural and urban markets, the Company provides durable and corrosion-resistant solutions for water distribution, wastewater management and drainage. Its products are widely used across residential, commercial, agricultural and industrial sectors.
Vigor Plast IPO Lot Size
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Ind (Min) | 2 | 3,200 | ₹2,59,200 |
| Ind (Max) | 2 | 3,200 | ₹2,59,200 |
| S-HNI (Min) | 3 | 4,800 | ₹3,88,800 |
| S-HNI (Max) | 7 | 11,200 | ₹9,07,200 |
| B-HNI (Min) | 8 | 12,800 | ₹10,36,800 |
Vigor Plast IPO Size
Objects of Issue
- 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.
Vigor Plast IPO IPO Live Subscription
Updated as on 09-Sep-2025 19:00:07 hrs
| Category | Sub (x) | Offered | Bids |
|---|---|---|---|
| QIB | 3.94x | 5,90,400 | 23,24,800 |
| NII | 7.03x | 4,46,400 | 31,37,600 |
| bHNI | 9.00x | 2,97,600 | 26,78,400 |
| sHNI | 3.09x | 1,48,800 | 4,59,200 |
| Individual Investor | 2.49x | 10,33,600 | 25,72,800 |
| Total | 3.88x | 20,70,400 | 80,35,200 |
Vigor Plast IPO IPO Details Live GMP
| Date | GMP (₹) | Est. Price |
|---|---|---|
| 06 Sep | ₹0 (0%) | ₹81 |
Vigor Plast IPO Peer Comparison
(Rs. in crores)
| Particulars | Vigor Plast | Captain Pipes | Dutron Polymers | Rex Pipes & cables |
|---|---|---|---|---|
| Revenue from Ops (in Crs.) | 45.58 | 76.75 | 104.03 | 138.34 |
| PAT (In Crs.) | 5.15 | 8.76 | 2.72 | 5.12 |
| EPS - Basic | 6.57 | 0.59 | 4.54 | 5.42 |
| NAV per share | 16.30 | 2.97 | 48.58 | 38.64 |
| RONW | 59.39% | 25.18% | 9.80% | 15.09% |
| EBITDA | 26.51% | 16.13% | 4.49% | 8.09% |
| PAT Margin | 11.30% | 11.41% | 2.62% | 3.70% |
| Price to earning (PE) | 12.33 | 27.27 | 30.25 | 24.49 |
| Debt to Equity | 1.39 | 0.36 | 0.16 | 24.49 |
- All information pertains to FY 2024-25.
- PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of December 6, 2024 for Peers
Vigor Plast IPO IPO Financial Performance
(Rs. in crores)
| Particulars | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Revenue from Operations | 45.58 | 42.48 | 37.28 |
| Profit after Tax | 5.15 | 2.93 | 0.30 |
| Net Worth | 12.78 | 4.57 | 1.64 |
| Total Borrowing | 17.72 | 21.57 | 11.29 |
| Total Assets | 40.51 | 35.89 | 20.09 |
| NAV per share (in ₹) | 16.27 | 5.83 | 2.09 |
| EPS - Basic (in ₹) | 6.57 | 3.74 | 0.38 |
Key Performance Indicators (KPIs)
EBITDA
26.51%
PAT
11.30%
ROE
59.39%
ROCE
28.24%
Debt to Equity
1.39
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Promoter Holding
Promoter
99.99%
Public
0.01%
Management
Registrar & Lead Managers
Registrar
KFin Technologies
Lead Managers (1)
Company Details
Name: Vigor Plast India Limited
Address: Survey No. 640/3, Behind Gujarat Gas CNG Pump
Godown Zone, Lalpur Road, Dared, Village: Chela,
Jamnagar – 361 006, Gujarat, India
Number: 0288-2730912
Email: info@vigorplastindia.com
Website: www.vigorplastindia.com
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Frequently Asked Questions (FAQs)
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How to apply Vigor Plast IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Vigor Plast IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Vigor Plast IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Vigor Plast IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date