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VIGORSME / NSEListed
Vigor Plast India

Vigor Plast India Limited, incorporated in 2012, is engaged in manufacturing and supplying CPVC and UPVC pipes and fittings, serving applications in plumbing, sewage, agriculture, and industrial sectors. Its product portfolio includes CPVC and UPVC pipes, agricultural pipes, SWR ring fit and self-fit pipes, along with a wide range of fittings such as CPVC, UPVC, agricultural, SWR fittings, PTMT taps, garden pipes, and related products. The company’s manufacturing facility and registered office are located in Dared, Gujarat, equipped with fully automated machinery to ensure quality and efficiency. It also has a warehousing network with five locations in Gujarat — Rajkot, Jamnagar, Surat, Ahmedabad, and Dholka (yet to commence operations).

₹77 - ₹813.96x sub
Listed Price₹85.00
Listing Gain+4.94%

IPO Schedule & Timeline

Bookbuilding IPO
Open04 Sep 2025
Close09 Sep 2025
Allotment10 Sep 2025
Listing12 Sep 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Anchor8,73,600 shares
28.19%
QIB5,90,400 shares
19.05%
HNI4,46,400 shares
14.4%
Retail10,33,600 shares
33.35%
Market Maker1,55,200 shares
5.01%

Minimum Application Lots

Retail2 Lots (3,200 shares)
₹2,59,200
sHNI3 Lots (4,800 shares)
₹3,88,800
bHNI8 Lots (12,800 shares)
₹10,36,800

Company Promoters

Jayesh Premjibhai KathiriyaRajesh Premjibhai KathiriyaPremjibhai Dayabhai KathiriaJashvantiben Rajeshbhai KathiriyaNitaben Jayeshbhai Kathiriya

Company Background

Vigor Plast India Limited, incorporated in 2012, is engaged in manufacturing and supplying CPVC and UPVC pipes and fittings, serving applications in plumbing, sewage, agriculture, and industrial sectors. Its product portfolio includes CPVC and UPVC pipes, agricultural pipes, SWR ring fit and self-fit pipes, along with a wide range of fittings such as CPVC, U...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-25)₹46.02 Cr
Growth+23.1%
Revenue Trend (₹ in Crores)
0.017.635.352.9Mar-23Mar-24Mar-25
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-2546.025.1540.5117.72
Mar-2442.522.9335.8921.57
Mar-2337.390.320.0911.29

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-256.5759.39%28.24%12.3516.28
Mar-243.7494.46%19.58%00
Mar-230.3819.98%9.49%00

Peer Comparison & Valuation

Financial Performance

Captain Pipes Limited

NAV/Share (₹)25.18
RONW(%)2.97
EPS (Basic) (₹)0.59

Vigor Plast India Ltd

NAV/Share (₹)59.39
RONW(%)16.30
EPS (Basic) (₹)6.57

Dutron Polymers Ltd

NAV/Share (₹)9.80
RONW(%)48.58
EPS (Basic) (₹)4.54

Rex Pipes & cables Industries Limited

NAV/Share (₹)15.09
RONW(%)38.64
EPS (Basic) (₹)5.42

Valuation

Captain Pipes Limited

P/E(X)27.27
CMP* (₹)NA
Face value (₹)10

Vigor Plast India Ltd

P/E(X)NA
CMP* (₹)NA
Face value (₹)10

Dutron Polymers Ltd

P/E(X)30.25
CMP* (₹)NA
Face value (₹)10

Rex Pipes & cables Industries Limited

P/E(X)24.49
CMP* (₹)NA
Face value (₹)10

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
10 Sep 2025
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
12 Sep 2025

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Vigor Plast India. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization10 Sep 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date12 Sep 2025Trading commences on exchange

How to Check Vigor Plast India Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Vigor Plast India from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Vigor Plast India IPO

Complete issue overview for Vigor Plast India (VIGOR) IPO. The issue features an equity share price band of ₹77 – ₹81 per share with a minimum retail lot size of 1600 Shares (minimum application amount of ₹1,29,600). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions