Vigor Plast IPO Date, Price, Details
Vigor Plast Limited is gearing up to launch its Initial Public Offering in 2025, with the opening and closing dates yet to be officially confirmed. The IPO will follow the Book Built Issue route and includes a fresh issue component, along with an offer for sale of 6,00,000 equity shares having a face value of ₹10 each. The total issue size in rupee terms is yet to be disclosed.
The price band for the IPO has not been announced yet. As per the proposed allocation, 50% of the issue is reserved for Qualified Institutional Buyers (QIBs), 15% for High Net-Worth Individuals (HNIs), and 35% for retail investors.
The IPO is expected to be listed on the NSE, and the allotment date along with the listing date will be shared in due course.
In terms of financial performance, the company recorded revenue of ₹42.52 crores for the fiscal year 2024, up from ₹37.39 crores in FY 2023. Net profit also saw a sharp increase, rising from ₹0.30 crores in 2023 to ₹2.93 crores in 2024.
Vigor Plast IPO Market Lot Size
The Vigor Plast IPO minimum market lot is [.] shares with ₹[.] application amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 2 | – | ₹- |
Retail Maximum | 2 | – | ₹- |
S-HNI Minimum | 3 | – | ₹- |
Vigor Plast IPO Details
IPO Open Date: | 2025 |
IPO Close Date: | 2025 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹[.] to ₹[.] Per Share |
Issue Size: | Approx ₹[.] Crores |
Fresh Issue: | Approx ₹[.] Crores |
Offer for Sale: | Approx 6,00,000 Equity Shares |
Issue Type: | Book Built Issue |
IPO Listing: | NSE SME |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
Vigor Plast IPO Valuation – FY2024 (KPI)
Check Vigor Plast IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | 94.46% |
ROCE: | 19.58% |
EBITDA Margin: | 17.78% |
PAT Margin: | 6.90% |
Debt to equity ratio: | 4.72 |
Earning Per Share (EPS): | ₹3.74 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 94.46% |
Net Asset Value (NAV): | ₹5.83 |
Vigor Plast IPO Company Financial Report
In the financial year 2024, the company achieved a revenue of ₹42.52 crores, reflecting growth from ₹37.39 crores recorded in 2023. Net profit also improved significantly, rising to ₹2.93 crores in 2024 from ₹0.30 crores in the previous year.
(All figures are in ₹ crores)
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022 | ₹32.63 | ₹32.18 | ₹0.30 | ₹20.57 |
2023 | ₹37.39 | ₹37.04 | ₹0.30 | ₹20.09 |
2024 | ₹42.52 | ₹38.39 | ₹2.93 | ₹35.89 |
December 2024 | ₹33.99 | ₹29.04 | ₹3.72 | ₹40.19 |
Vigor Plast IPO Dates
The Vigor Plast IPO date is 2025 and the close date is 2025. The Vigor Plast IPO allotment will be finalized on 2025 and the IPO listing on 2025.
IPO Open Date: | 2025 |
IPO Close Date: | 2025 |
Basis of Allotment: | 2025 |
Refunds: | 2025 |
Credit to Demat Account: | 2025 |
IPO Listing Date: | 2025 |
Promoters of Vigor Plast IPO
The promoters of the company are Jayesh Premjibhai Kathiriya, Rajesh Premjibhai Kathiriya, Premjibhai Dayabhai Kathiria, Jashvantiben Rajeshbhai Kathiriya, and Nitaben Jayeshbhai Kathiriya.
About Vigor Plast IPO
To be updated soon
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Captain Pipes Limited | 0.27 | 54.23 | 17.43% | 1.73 | 76.35 Cr. |
Dutron Polymers Limited | 4.08 | 28.69 | 9.54% | 44.05 | 119.24 Cr. |
Rex Pipes and Cables Industries Limited | 5.02 | 12.74 | 17.46% | 33.23 | 128.61 Cr. |
Objects of the IPO
- Repayment of certain secured borrowings availed by the Company
- Funding capital expenditure towards the development and construction of new warehouse in Ahmedabad, Gujarat
- General corporate purposes
Merchant Bankers
- Unistone Capital Pvt Ltd
Company Address
Vigor Plast India Ltd.
Survey No. 640/3,
Behind Gujarat Gas CNG Pump Godown Zone,
Lalpur Road, Dared, Village: Chela,
Jamnagar, Gujarat, 361006
Phone: 0288-2730912
Email: [email protected]
Website: https://www.vigorplastindia.com/
Vigor Plast IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
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