VIGOR • ISIN: INE1DM601016
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:
Pipes: CPVC, uPVC plumbing pipes, SWR Ring Fit & SWR Self Fit pipes, and PVC agricultural pipes.
Fittings and Accessories: A full spectrum of CPVC and uPVC fittings, agricultural fittings (Sel Fit), SWR Ring Fit and Self Fit fittings, plus ancillary products such as PTMT taps and garden pipes.
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
A broad, versatile product lineup tailored to diverse applications
Strong brand identity focused on quality and reliability
A modern, strategically located manufacturing setup enabling efficiency in cost, production, and logistics
Certification-backed quality (ISO and multiple IS/BIS standards).
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
Price Band
Min Investment
Lot Size
P/E Ratio
Issue Opens
4 Sept 2025
Issue Closes
9 Sept 2025
Allotment
10 Sept 2025
Listing
12 Sept 2025
Qualified Institutional Investors
2,324,800 / 1,464,000 shares
High Networth Individuals (Above ₹10 Lakhs)
2,833,600 / 297,600 shares
Non-Institutional Investors (Below ₹10 Lakhs)
459,200 / 148,800 shares
Retail Individual Investors
2,572,800 / 1,033,600 shares
Issue Type | BB |
Face Value | ₹10 |
Lead Managers | Unistone Capital Pvt.Ltd. |
Min Quantity | 3,200 |
Max Quantity | 6,172 |
Company Promoters | Jayesh Premjibhai Kathiriya Rajesh Premjibhai Kathiriya Premjibhai Dayabhai Kathiria +3 more |
Website | |
Phone | 0288-2730912 |
Address | Vigor Plast India Ltd. |