Vigor Plast IPO will open on September 4, 2025, and close on September 9, 2025. It is a Book Built Issue through which the company aims to raise about ₹25.10 crores, including a fresh issue of ₹18.99 crores and an offer for sale of up to 6,00,000 equity shares with a face value of ₹10 each.

The IPO price band has been set at ₹77 to ₹81 per share. The allocation includes 35% for retail investors, 50% for QIBs, and 15% for HNIs. Vigor Plast IPO is proposed to be listed on NSE in 2025, with the allotment date also scheduled for 2025.

In terms of financial performance, the company recorded revenue of ₹46.02 crores in 2025 compared to ₹42.52 crores in 2024, while net profit increased to ₹5.15 crores in 2025 from ₹2.93 crores in 2024. Based on these financials, investors may consider applying for the IPO with a long-term perspective.

About Vigor Plast IPO

Vigor Plast, established in 2014, initially gained recognition through the trading of PVC pipes and fittings. In 2020, the company expanded by setting up a manufacturing facility to produce Polyvinyl Chloride (PVC), Unplasticized Polyvinyl Chloride (uPVC), and Chlorinated Polyvinyl Chloride (CPVC) pipes, fittings, and related products. It has received multiple quality certifications from the Bureau of Indian Standards (BIS) for both its products and manufacturing processes.

To strengthen its distribution, the company has built five warehouses located strategically across Gujarat in Rajkot, Jamnagar, Surat, and Ahmedabad. Its products are marketed under the brand name “Vigor” to boost brand visibility. As of December 31, 2024, the company has developed a strong sales network with 387 distributors spread across nearly 25 states and union territories in India.