Vigor Plast IPO Subscription Status

Vigor Plast IPO subscribed over 0.97x on its Last day till 05.00 PM on 8th September 2025.

• Vigor Plast IPO subscription QIB investors’ portion is 0.50x times, while NII subscribed 1.87x times, and RII investors subscribed 0.85x times.
• The company has received bids for 20,12,800 shares against 20,70,400 shares on offer on the Last day.
• Vigor Plast IPO subscribed over 0.71x times on day 2.
• Vigor Plast IPO subscribed over 0.33x times on day 1.

About the Vigor Plast IPO

Vigor Plast company was founded in 2014 and became famous for focusing on the trading of PVC pipes and fittings. Since 2020, they have established a manufacturing facility to produce Polyvinyl Chloride (PVC), unplasticized polyvinyl chloride (uPVC), and chlorinated Polyvinyl Chloride (CPVC) pipes, fittings, and related products. The company has received several quality certifications from the Bureau of Indian Standards (BIS) for both products and the manufacturing facility. The company has established five warehouses across four strategic locations in Gujarat: Rajkot, Jamnagar, Surat, and Ahmedabad, in Gujarat, India. “Vigor” is the brand under which their products have been sold to enhance brand awareness. The company has around a sales network that includes 387 distributors in around 25 states and union territories as of December 31, 2024.

Vigor Plast IPO Company Financial Report

The company reported revenue of ₹42.52 crores in 2024 against ₹37.39 crores in 2023. The company reported a profit of ₹2.93 crores in 2024 against a profit of ₹0.30 crores in 2023.

Vigor Plast IPO GMP

Vigor Plast IPO GMP was ₹0 as of Monday, 8th September. That indicates the IPO is trading at ₹81 with a ₹0 premium in the grey market against the issue price of ₹81.