Lot size 1600 — ₹129600
| Issue open date | 04 Sep 2025 |
| Issue close date | 09 Sep 2025 |
| UPI mandate deadline | 09 Sep 2025 (5 PM) |
| Allotment finalization | 10 Sep 2025 |
| Refund initiation | 11 Sep 2025 |
| Share credit | 11 Sep 2025 |
| Listing date | 12 Sep 2025 |
| Mandate end date | 24 Sep 2025 |
| Lock-in end date for anchor investors (50%) | 10 Oct 2025 |
| Lock-in end date for anchor investors (remaining) | 09 Dec 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
Vigor Plast India manufactures and supplies PVC, uPVC, and CPVC plumbing, irrigation, and SWR pipes and fittings. Based in Jamnagar, Gujarat since 2014, it operates a 160,000 sq ft facility with BIS-certified products, a well-equipped lab, and a pan-India distribution network including five warehouses.
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | ₹25.10 crores |
| Fresh Issue | ₹20.24 crores |
| Offer for Sale | ₹4.86 crores |
| Purpose | INR crores (%) |
|---|---|
| Repayment of certain outstanding borrowings | 11.39 (56.27%) |
| Capital expenditure | 3.80 (18.77%) |
| General corporate purposes | 3.04 (15%) |
| Miscellaneous | 2.02 (9.96%) |
To check your allotment status – click here.
As per media reports (Link), the Grey Market Premium (GMP) of Vigor Plast is reported at ₹0 over the IPO price. This metric is not reliable, and to track IPO interest, it is better to check subscription numbers published by exchanges, which are considered more reliable indicators.
Subscription numbers as of 5:00 PM on September 08, 2025:
| Category | Reserved (lakhs) | Applied (lakhs) | Subscription (X times) |
|---|---|---|---|
| Institutional | 5.90 | 2.97 | 0.50x |
| NII | 4.46 | 8.35 | 1.87x |
| Retail | 10.33 | 8.80 | 0.85x |
| Total | 20.70 | 20.12 | 0.97x |
