Vigor Plast India Limited
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Following its successful public offering, Vigor Plast India Limited's made its market debut on Sep 12, 2025 and is now actively traded on the NSEplatform. The IPO mobilized 30,99,200 Shares in total capital, including 24,99,200 Shares in primary equity infusion and ₹4.86 Cr in secondary share sales.
The offering was structured with a price band of ₹77 to ₹81 and minimum investment lots of 1600 shares. Investor participation during the subscription window from Sep 04, 2025 to Sep 09, 2025 demonstrated market confidence in the company's prospects.
The allotment process concluded on Sep 10, 2025, allocating shares to successful bidders. The listing represents the culmination of the IPO process, transitioning the company to publicly traded status with enhanced transparency and governance standards.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
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).
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Comprehensive Product Range: Wide variety of pipes and fittings designed for plumbing, agriculture, sewage, and industrial applications.
- State-of-the-Art Manufacturing: Automated facility ensuring precision, consistency, and efficiency in production.
- Strong Distribution Reach: Extensive warehouse network across Gujarat enabling deep market penetration.
- Customer Concentration: Heavy reliance on top ten customers; loss of a key client may impact revenue and profitability.
- Supplier Dependency: Dependence on limited suppliers; any disruption could affect operations.
- Execution Uncertainty: Internally estimated warehouse project costs may vary, impacting growth, cash flow, and financials.
- Jayesh Premjibhai Kathiriya
- Rajesh Premjibhai Kathiriya
- Premjibhai Dayabhai Kathiria
- Jashvantiben Rajeshbhai Kathiriya
- Nitaben Jayeshbhai Kathiriya
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