Vigor Plast IPO Listing at 4.94% Premium at ₹85 Per Share

Posted by : sachet | Fri Sep 12 2025

Check Experts’ Verdicts on Vigor Plast Limited

Vigor Plast IPO Listing: The Vigor Plast IPO was subscribed 3.88 times as of its closing. In this subscription, qualified institutional buyers (QIBs) received 3.94 times the allocation, and non-institutional investors (NIIs) received 7.03 times the allocation. The retail quota of the issue was subscribed to 33.35%. Before delving deeper into the topic, go through the details of the Vigor Plast IPO.

Table of Contents

Vigor Plast IPO Listing

On the NSE and SME platforms, shares are listed at ₹85 per share, reflecting a premium of 4.94% against the issue price of ₹81 per share.

Vigor Plast IPO Details

Vigor Plast IPO is open for bidding from September 4, 2025, to September 9, 2025. It is a book-building IPO of ₹25.10 crore, comprising a fresh issue of 0.25 crore shares and an offer for sale of 0.06 crore shares. The problem will be listed on BSE and SME on its tentative listing date, 12th September 2025. The Vigor Plast IPO date is scheduled between September 4, 2025, and September 9, 2025. The face value of Vigor Plast IPO shares is ₹10 per share, and the IPO price is set at ₹77.00 to ₹ 81.00 per share.

IPO Open Date	4th September 2025
IPO Close Date	9th September 2025
IPO Allotment Date	10th September 2025
Refund Initiation	11st September 2025
Issue Size	30,99,200 shares(aggregating up to ₹25.10 Cr)
Fresh Issue	23,44,000 shares(aggregating up to ₹18.99 Cr)
Offer for Sale	6,00,000 shares of ₹10(aggregating up to ₹4.86 Cr)
Face Value	₹10 per share
Lot Size	1,600 shares
Issue Price Band	₹77.00 to ₹81.00 per share
Issue Type	Bookbuilding IPO
Listing At	BSE & SME
Listing Date	12th September 2025

About Vigor Plast Limited

Vigor Plast Limited was established 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, utilise 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.

Vigor Plast Limited Financials

The company’s financial analysis is essential before applying for the Vigor Plast IPO. Look at the table to learn about Vigor Plast Limited’s financials.

Year Ended	31st March 2025 (in cr.)	31st March 2024 (in cr.)	31st March 2023 (in cr.)
Assets	40.51	35.89	20.09
Revenue	46.02	42.52	37.39
Profit After Tax	5.15	2.93	0.30
EBITDA	12.08	7.55	3.08
Net Worth	12.78	4.57	1.64
Reserve and surplus	4.93	4.07	1.14
Total Borrowing	17.72	21.57	11.29

Explanation

Vigor Plast Limited’s revenue increased by 8% from ₹42.52 crores in March 2024 to ₹46.52 crores in March 2025. Moreover, the company’s PAT rose by 76% from ₹2.93 crores to ₹5.15 crores.