Vigor Plast India Limited IPO
Vibhor Plast is engaged in the manufacturing and supply of a wide range of Polyvinyl Chloride (PVC), Unplasticized Polyvinyl Chloride (uPVC) and Chlorinated Polyvinyl Chloride (cPVC) pipes, fittings and allied products catering to applications in plumbing, irrigation and SWR (Soil, Waste and Rainwater) management. Serving both rural and urban markets, the Company provides durable and corrosion-resistant solutions for water distribution, wastewater management and drainage. Its products are widely used across residential, commercial, agricultural and industrial sectors.
Price Band₹77 - ₹81 |
Dates04 Sep - 09 Sep |
GMP₹0 (0.00%) |
Subscriptions- |
Issue Size₹25.10 Crs |
Vigor Plast IPO Objects
- Repayment of certain secured borrowings availed by our Company
- Funding capital expenditure towards the development and construction of new warehouse in Ahmedabad, Gujarat;
- General corporate purposes.
Vigor Plast IPO Details
Price Band₹77 - ₹81 |
Listing AtNSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹20.24 Cr (0.25 Cr Shares) |
Offer For Sale₹4.86 Cr (0.06 Cr Shares) |
Total Issue₹25.10 Cr (0.31 Cr Shares) |
Face Value₹10 per equity share |
Vigor Plast IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
2
3,200
2,59,200
Maximum
2
3,200
2,59,200
|
|||
| Small HNI |
Minimum
3
4,800
3,88,800
Maximum
7
11,200
9,07,200
|
|||
| Big HNI |
Minimum
8
12,800
10,36,800
|
|||
Vigor Plast IPO GMP
The estimated Grey Market Premium of Vigor Plast IPO is ₹0 per share (0.00%)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not more than 50% of Net Offer |
| NII | Not less than 15% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Market Maker | 155200 EQ Shares |
| Employee | - |
| Shareholder | - |
Vigor Plast IPO Financials
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 26.51% |
| PAT | 11.30% |
| ROE | 59.39% |
| ROCE | 28.24% |
| Debt to Equity | 1.39 |
| PE Ratio | 12.33 |
| PB Ratio | 4.98 |
| Mkt Cap (in Crs.) | 83.85 |
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Vigor Plast IPO Peer Comparision
| Particulars | Vigor Plast | Captain Pipes | Dutron Polymers | Rex Pipes & cables |
|---|---|---|---|---|
| Revenue from Ops (in Crs.) | 45.58 | 76.75 | 104.03 | 138.34 |
| PAT (In Crs.) | 5.15 | 8.76 | 2.72 | 5.12 |
| EPS - Basic | 6.57 | 0.59 | 4.54 | 5.42 |
| NAV per share | 16.30 | 2.97 | 48.58 | 38.64 |
| RONW | 59.39% | 25.18% | 9.80% | 15.09% |
| EBITDA | 26.51% | 16.13% | 4.49% | 8.09% |
| PAT Margin | 11.30% | 11.41% | 2.62% | 3.70% |
| Price to earning (PE) | 12.33 | 27.27 | 30.25 | 24.49 |
| Debt to Equity | 1.39 | 0.36 | 0.16 | 24.49 |
- All information pertains to FY 2024-25.
- PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of December 6, 2024 for Peers
Vigor Plast IPO Peer Comparision
| Particulars | Vigor Plast |
|---|---|
| Revenue from Ops (in Crs.) | 45.58 |
| PAT (In Crs.) | 5.15 |
| EPS - Basic | 6.57 |
| NAV per share | 16.30 |
| RONW | 59.39% |
| EBITDA | 26.51% |
| PAT Margin | 11.30% |
| Price to earning (PE) | 12.33 |
| Debt to Equity | 1.39 |
| Captain Pipes | Dutron Polymers | Rex Pipes & cables |
|---|---|---|
| 76.75 | 104.03 | 138.34 |
| 8.76 | 2.72 | 5.12 |
| 0.59 | 4.54 | 5.42 |
| 2.97 | 48.58 | 38.64 |
| 25.18% | 9.80% | 15.09% |
| 16.13% | 4.49% | 8.09% |
| 11.41% | 2.62% | 3.70% |
| 27.27 | 30.25 | 24.49 |
| 0.36 | 0.16 | 24.49 |
- All information pertains to FY 2024-25.
- PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of December 6, 2024 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Premjibhai Dayabhai Kathiriya | 29.15% |
| Jayesh Premjibhai Kathiriya | 29.87% |
| Rajeshbhai Kathiriya | 29.34% |
| Others | 11.63% |
| Total | 99.99% |
Management Details
| Name | Designation |
|---|---|
| Premjibhai Dayabhai Kathiriya | Chairman & MD |
| Pintu Tulsibhai Jadav | CFO |
Company Details
Name: Vigor Plast India Limited
Address: Survey No. 640/3, Behind Gujarat Gas CNG Pump
Godown Zone, Lalpur Road, Dared, Village: Chela,
Jamnagar – 361 006, Gujarat, India
Number: 0288-2730912
Email: info@vigorplastindia.com
Website: www.vigorplastindia.com
Book Running Lead Managers (BRLMs)
Unistone Capital
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KFin Technologies
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Vigor Plast IPO is a SME IPO having an issue size of Rs. ₹25.10 Crs. Vigor Plast IPO is priced at ₹77 - ₹81 per share. The issue opens on 04 Sep 25 and closes on 09 Sep 25.
Vigor Plast IPO opens on 04 Sep 25 and closes on 09 Sep 25.
The estimated Grey Market Premium of Vigor Plast IPO is ₹0 per share (0.00%).
The minimum lot size of Vigor Plast IPO is 1600 shares & the minimum application amount is Rs. 129600.
The allotment date of Vigor Plast IPO is 10 Sep 25.
The listing date of Vigor Plast IPO is 12 Sep 25.
Vigor Plast IPO is subscribed -.
Vigor Plast IPO is priced at ₹77 - ₹81 per share.
Click the allotment link on Vigor Plast IPO page of IPO360.
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