Vigor Plast India IPO

About the company

Vigor Plast India Limited, under the brand “VIGOR,” manufactures PVC, uPVC, and cPVC pipes and fittings, serving rural and urban markets with durable water and drainage solutions. The company’s manufacturing facilities is located in Gujarat achieved a capacity utilisation of 69.52% for pipes and 81.36% for fittings in FY25. The company derives the majority of its revenue (97.68%) from the domestic market, while exports to Nepal contributed 2.32%. The revenue mix was led by the industrial sector (44.62%), followed by residential (23.93%), agricultural (22.55%), and commercial (8.90%) applications. Fittings and ancillary products contributed 54.05% of FY25 revenue, while pipes accounted for 45.95%.

Financial performance (₹ Cr)

Subscription breakup (final, times)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   04 Sept 2025

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   09 Sept 2025

   Last day to place your bid

3. Basis of Allotment

   Completed
   10 Sept 2025

   Share allotment finalised

4. Refund Initiation

   Completed
   11 Sept 2025

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   11 Sept 2025

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   12 Sept 2025

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.