
Manufacturing / Plastics · NSE
Vigor Plast India Limited, incorporated in 2012, is engaged in manufacturing and supplying CPVC and UPVC pipes and fittings, serving applications in plumbing, sewage, agriculture, and industrial sectors. Its product portfolio includes CPVC and UPVC pipes, agricultural pipes, SWR ring fit and self-fit pipes, along with a wide range of fittings such as CPVC, UPVC, agricultural, SWR fittings, PTMT taps, garden pipes, and related products. The company’s manufacturing facility and registered office are located in Dared, Gujarat, equipped with fully automated machinery to ensure quality and efficiency. It also has a warehousing network with five locations in Gujarat — Rajkot, Jamnagar, Surat, Ahmedabad, and Dholka (yet to commence operations).
Price Band
₹77 – ₹81
Issue Size
₹25.10 Cr
Lot Size
1600 shares
GMP
Est. Listing
₹81
at current GMP
Subscribed
3.96x
overall
Open
4 Sep 2025
Close
9 Sep 2025
Allotment
10 Sep 2025
Refund
11 Sep 2025
Demat Credit
12 Sep 2025
Listing
12 Sep 2025
Overall Subscription
3.96x
Total Demand
QIB Multiplier
3.94x
Institutions & Funds
NII / HNI
7.38x
High Net-Worth
Retail (RII)
2.49x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 590,400 | 2,324,800 | 3.94x |
| NIB | 446,400 | 3,292,800 | 7.38x |
| HNIs(10L +) | 297,600 | 2,833,600 | 9.52x |
| HNIs (2-10L) | 148,800 | 459,200 | 3.09x |
| RETAIL | 1,033,600 | 2,572,800 | 2.49x |
| Total | 2,516,800 | 11,483,200 | 3.96x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 9 | 0.00x |
| NIB | — | 239 | 0.00x |
| RETAIL | 323 | 804 | 2.49x |
| HNIs(10L +) | 62 | 149 | 2.40x |
| HNIs (2-10L) | 31 | 90 | 2.90x |
| Total Applications | 416 | 1,291 | 3.10x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Vigor Plast India Limited is bringing an initial public offering (IPO) in the Manufacturing / Plastics sector with an aggregate issue size of ₹25.1 Crores. The shares are offered at a price band of ₹77 to ₹81 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,29,600 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-09-12, while un-allotted funds or UPI block mandates will be released on 2025-09-11.
Currently, Vigor Plast India Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹77 to ₹81 per equity share.
The retail lot size is 1600 shares requiring a minimum application amount of ₹1,29,600. Expected listing price is ₹81 per equity share.
The Vigor Plast India Limited IPO aggregate issue size is ₹25.1 Crores with an equity price band set at ₹77 to ₹81 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,29,600.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 3.96x (Retail: 2.49x, QIB: 3.94x, NII: 7.38x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2025-09-10. Investors can verify status using PAN card or application number.
Vigor Plast India Limited shares are scheduled to list on NSE on 2025-09-12.