Vigor Plast India Ltd IPO

LISTED
SME

NSE • Lot Size: 1600 • Plastic products

Issue81
Listed85+5%
Now65.2-19.5%
19.5%

*Last updated on 11 Jan 2026

Price Band

₹77 - ₹81

Lot Size

1600

Issue Size

₹25.1 Cr

GMP

N/A

Subscription

3.88x

Analyzing...

IPO Schedule

1

Open

4 Sept 2025

2

Close

9 Sept 2025

3

Allotment

10 Sept 2025

4

Listing

12 Sept 2025

About Vigor Plast India Ltd

Vigor Plast India Ltd specializes in manufacturing and supplying a diverse range of plastic products. Their product portfolio caters to various industries and applications, reflecting a commitment to quality and innovation in the plastic manufacturing sector.

Key Strengths

  • High Return on Equity (ROE) of 59.39% indicating efficient utilization of shareholder funds.
  • Relatively low Price-to-Earnings (P/E) ratio of 12.35 compared to industry peers, suggesting potential undervaluation.
  • Catering to diverse industries provides a buffer against sector-specific downturns.
  • Established manufacturing capabilities potentially leading to economies of scale.
  • SME status allows for faster decision-making and adaptability to market changes.

Risk Factors

  • SME IPOs are generally more volatile and carry higher risk compared to mainboard IPOs.
  • The issue size of ₹25.1 Cr may result in limited liquidity post-listing.
  • Reliance on specific raw materials could expose the company to price fluctuations and supply chain disruptions.

Valuation Analysis

The IPO appears reasonably priced given the high ROE and relatively low P/E ratio, but investors should be mindful of the inherent risks associated with SME IPOs and conduct thorough due diligence.

IPO Details

ExchangeNSE
SegmentSME
ISININE1DM601016
NSE SymbolVIGOR
Face Value10
Lot Size1600
Issue Size₹25.1 Cr

Key Metrics

ROE59.39%
ROCE28.24%
P/E Ratio12.35
Industry P/E20
EPS6.56
PAT Margin11.30%
Debt/Equity1.39

Growth & Quality

Revenue Growth (YoY)18.7%
ProfitableYes ✓
Anchor Investors4

Subscription

Total0.33x

Documents

Registrar

KARVY

Key Dates

Open Date4 Sept 2025
Close Date9 Sept 2025
Allotment10 Sept 2025
Listing12 Sept 2025