Company Overview
Vigor Plast India, founded in 2014, is engaged in the production of PVC, uPVC, and CPVC pipes and fittings. Its products are mainly used in plumbing, irrigation, and rainwater management. The company operates a plant in Jamnagar, Gujarat, and distributes across India.
Summary Table
| Detail | Information |
|---|---|
| Total Issue Size | ₹25.10 crore |
| Price Band | ₹77 – ₹81 per share |
| Lot Size | 1,600 shares |
| Minimum Investment | ₹1.23 – 1.29 lakh |
| Issue Opens | 4 September 2025 |
| Issue Closes | 9 September 2025 |
| Allotment Date | 10 September 2025 |
| Listing Date | 12 September 2025 (NSE SME) |
| Lead Manager | Unistone Capital Pvt. Ltd |
IPO Key Information
- IPO Size: ₹25.10 crore
- Fresh Issue: ~₹20.24 crore
- Offer for Sale: ~₹4.86 crore
- Price Band: ₹77 – ₹81 per share (face value ₹10)
- Lot Size: 1,600 shares
- Minimum investment: ₹1.23 lakh – ₹1.29 lakh (depending on final price)
- IPO Type: Book-built SME IPO
- Exchange: Listing on NSE SME platform
Important Dates
- Opening Date: 4 September 2025
- Closing Date: 9 September 2025
- Allotment Finalisation: 10 September 2025
- Refunds / Shares Credit: 11 September 2025
- Listing Date: 12 September 2025
Financial Highlights (FY 2025)
- Revenue: ~₹46 crore
- Profit After Tax: ~₹5.15 crore
- Previous Year Revenue: ₹42.5 crore
- Previous Year Profit: ₹3 crore
(shows steady growth year on year)
Utilisation of Funds
- Loan repayment (~₹11.4 crore)
- Construction of a warehouse in Ahmedabad (~₹3.8 crore)
- Balance for general business needs
