247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Vigor Plast India Limited

Jamnagar

Date of DRHP : 13 Jan 2025

Issue Type : Book Building Process

IPO Type :
SME IPO

Vigor Plast Basic Details

   Plastic and Polymer

Sub Sector: Trading of PVC pipes and fittings

Exchange:
NSE Emerge

About the Company

Vigor Plast was incorporated in 2014, initially focusing on the trading of PVC pipes and fittings. In the year 2020 onwards, they expanded their operations by establishing a manufacturing facility to produce Polyvinyl Chloride (PVC), Unplasticized Polyvinyl Chloride (uPVC), and Chlorinated Polyvinyl Chloride (cPVC) pipes, fittings, and related products. The company is a manufacturer and supplier of a comprehensive range of Polyvinyl Chloride (PVC), Unplasticized Polyvinyl Chloride (uPVC) and Chlorinated Polyvinyl Chloride (cPVC) pipes, fittings, and related products for various applications in plumbing, irrigation, and SWR (Soil, Waste, and Rainwater) management. They cater to both rural and urban markets and provides longlasting solutions for water distribution, wastewater management, and drainage. Their products, known for their durability and resistance to corrosion, are used in residential, commercial, agricultural and industrial sectors. Their focus is on delivering high-quality, efficient systems that meet the diverse requirements of their customers. Vigor Plast manufacturing facility, which also serves as their registered office, is strategically located in Dared, Gujarat, enabling them to streamline operations and maintain close oversight of their production processes. Here, they use fully automated equipments to produce quality products. This helps them to ensure that every product meets the required standards consistently and efficiently. This approach allows them to enhance efficiency, minimize human error, and ensure that each product is manufactured with precision and quality. Their dedicated team plays a crucial role in maintaining these standards. It includes skilled workers, operators, packing supervisors, QC officers, and production managers, all of whom bring professional expertise to their respective roles. Their collective efforts ensure that every step of the production process—from raw material handling to packaging—is carefully monitored to maintain product integrity and quality. In addition, they have an in-house laboratory at their Dared facility to perform quality checks throughout the manufacturing process. The lab is equipped with the latest tools and technology, allowing them to conduct thorough tests and stay up-to-date with industry standards and advancements. They have established five warehouses across five strategic locations in Gujarat: Rajkot, Jamnagar, Surat, Ahmedabad and Dholka in Gujarat, India. However, the operations are not yet started in warehouse situated at Dholka.These warehouses also serve as warehouses, enabling them to maintain efficient stock levels and ensure prompt order fulfillment.

Financial Summary (Annualised Basis)

Revenue :
46.65 Cr.

PAT :
5.19 Cr.

Vigor Plast IPO Lead Manager(s)

Unistone Capital Private Limited

Vigor Plast IPO Registrar

KFin Technologies Limited

Vigor Plast DRHP Details

Objects of issue

  • 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

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FAQs

Vigor Plast India operates in Plastic and Polymer and Trading of PVC pipes and fittings. The Issue would be listed on SME. The registrar of the Issue is KFin Technologies Limited. The IPO type of Vigor Plast India is Book Building Process and Object of issue is

  • 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

The DRHP (Draft Red Herring Prospectus) of Vigor Plast India IPO was filed on 13 Jan 2025.

No, Vigor Plast India IPO is not yet listed. See other upcoming SME IPOs here.

The IPO open date and IPO close date of Vigor Plast India are not available now. You can apply in Vigor Plast India IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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