The Vigor Plast IPO offers investors an opportunity to invest in a leading manufacturer of PVC, uPVC, and cPVC pipes and fittings catering to plumbing, irrigation, and soil, waste, and rainwater management needs. The company, based in Jamnagar, Gujarat, operates a modern facility equipped with automated machinery ensuring high-quality production. With a strong network of 440 distributors across 25 states, Vigor Plast has made significant inroads into domestic and export markets. The Vigor Plast IPO is scheduled to open on September 4, 2025, and will close on September 9, 2025.
₹00
₹81
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Expert Opinions
The Vigor Plast IPO is receiving favorable market sentiment as investors recognize its growth potential in the plastic pipes and fittings industry. The company’s strengths lie in its automated manufacturing facilities, wide product range of CPVC and UPVC pipes, and an extensive distribution network spanning 440 distributors across 25 states.
For FY 2025, the Vigor Plast IPO reported an impressive Return on Equity (ROE) of 59.39%, Return on Capital Employed (ROCE) of 28.24%, and a Net Asset Value (NAV) of ₹16.27, reflecting strong profitability and efficient asset use. Risks include exposure to raw material price volatility and competitive industry pressures. Long-term investors can consider this IPO a compelling opportunity due to the company’s strong financial fundamentals, expanding market reach, and focus on essential infrastructure products.
Investor Considerations
The Vigor Plast IPO offers investors a chance to invest in a company with strong performance and solid fundamentals. The company recorded ₹46.02 crore in revenue and ₹5.15 crore in profit after tax in FY 2025, showing consistent growth and operational efficiency. The sector outlook remains favorable, driven by demand in plumbing, irrigation, and infrastructure development.
The Vigor Plast IPO valuation reflects a high Price to Book Value of 4.97, a PAT margin of 11.30%, and a Debt/Equity ratio of 1.39, indicating healthy profitability with moderate leverage. Growth prospects are encouraging due to expanding market reach and increasing infrastructure spending. Risks include volatility in raw material prices and industry competition. The IPO fits well with long-term investors focused on steady growth in essential infrastructure products, while short-term investors should be cautious of market fluctuations.
| Date | GMP | Trend |
|---|---|---|
| 11 Sep 2025 11.07 | ₹00 | --- |
| 10 Sep 2025 13.33 | ₹00 | --- |
| 09 Sep 2025 11.25 | ₹00 | --- |
| 07 Sep 2025 13.24 | ₹00 | --- |
| 06 Sep 2025 10.35 | ₹00 | --- |
| 05 Sep 2025 11.52 | ₹00 | --- |
| 04 Sep 2025 20.23 | ₹00 | --- |
FAQs
The Grey Market Premium showed good accuracy in predicting Vigor Plast IPO’s listing performance. With a final GMP of ₹0, it projected a flat listing at the issue price of ₹81. The stock listed at ₹85, delivering a gain of 4.94%. This resulted in a small prediction error of 4.94%, where the GMP incorrectly signaled a neutral listing and underestimated the actual gain, reflecting fair reliability in this case.
Vigor Plast IPO Current GMP is ₹00.
Vigor Plast IPO Expected Returns is 0.00%.
Vigor Plast IPO estimated listing price is ₹81.