| Category | Min Lots | Shares | Amount |
|---|---|---|---|
| Retail (sNII) | 2 | 3200 | ₹2,59,200 |
| HNI / NII | 3 | 4800 | ₹3,88,800 |
| Category | Sub (×) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 14,64,000 (47.24%) | — | ₹1,185.84 Cr |
| NII / HNI (Total) | — | 4,46,400 (14.40%) | — | ₹361.58 Cr |
| Retail Investors | — | 10,33,600 (33.35%) | — | ₹837.22 Cr |
| Total ** | — | 30,99,200 (100.00%) | — | ₹25,103.52 Cr |
| Market Maker * | — | 1,55,200 (5.01%) | — | ₹12.57 Cr |
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 46.02 | 42.52 | 37.39 |
| PAT | 5.15 | 2.93 | 0.30 |
| EBITDA | 12.08 | 7.55 | 3.08 |
| Net Worth | 12.78 | 4.57 | 1.64 |
| Total Assets | 40.51 | 35.89 | 20.09 |
| Reserves | 4.93 | 4.07 | 1.14 |
| Borrowings | 17.72 | 21.57 | 11.29 |
Incorporated in 2012, Vigor Plast India Limited is engaged in the manufacturing and supplying of CPVC and UPVC pipes and fittings.
The company offers a comprehensive range of products, including CPVC and UPVC plumbing pipes and fittings, SWR pipes, and PVC agricultural pipes. These products are designed for use in various applications, including plumbing, sewage, agriculture, and industrial sectors.
The company’s manufacturing facility and registered office in Dared, Gujarat, utilise fully automated equipment to ensure consistent, high-quality production while streamlining operations and maintaining close oversight.
The company has established five warehouses in Gujarat, located in Rajkot, Jamnagar, Surat, Ahmedabad, and Dholka.
Product Range
Vigor offers a comprehensive selection of piping solutions for various applications:
Vigor maintains a network of 440 distributors and dealers across 25 Indian states and territories (as of March 31, 2025), offering flexible credit terms and leveraging an Android-based “Vigor India Plast” app for seamless order placement.
As of June 30, 2025, the company has 81 personnel, excluding Board members, engaged in Management, Purchase, Procurement, Marketing, Production, Quality Control, Packing, Dispatch, Sales, and Human Resources.
Competitive Strengths