Vigor Plast India Ltd IPO
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Vigor Plast India Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 30.99 L | ₹ 6 L | TBA | ₹ 78.52 L | NSE | TBA |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 04 Sep, 25 | 09 Sep, 25 | TBA | TBA | Book Building - SME | 12 Sep, 25 |
Vigor Plast India Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Plastics Products |
| Sub Sector | NA |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 0 | 0 |
| NII | 0x | 0 | 0 |
| Retail | 0x | 0 | 0 |
| Employee | 0x | 0 | 0 |
| Total | 0x | 3099200 | 0 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Vigor Plast India Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 6.60 | 2.30 | 2.31 |
| EBITDA | 9.07 | 4.26 | 4.17 |
| PAT | 2.93 | 0.30 | 0.30 |
| Total Assets | 14.80 | 8.03 | 8.73 |
| Share Capital | 0.50 | 0.50 | 0.50 |
| Total Borrowings | 22.24 | 9.28 | 11.07 |
| Operating Activities (Net Cash) | 5.40 | 2.26 | 2.16 |
| Investing Activities (Net Cash) | -3.01 | 0.00 | 0.00 |
| Financing Activities (Net Cash) | 22.24 | 9.28 | 11.07 |
| Net Cashflow | 0.01 | 0.24 | 0.01 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Vigor Plast India Ltd
Our Company was incorporated as a Private Limited Company in the name `Vigor Plast India Private Limited', under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated January 30, 2014 issued by the Registrar of Companies, Gujarat, Dadra and Nagar Haveli. Subsequently, pursuant to a special resolution passed by the shareholders of our company in the Extra-Ordinary General Meeting held on November 11, 2024, our Company was converted from a Private Limited Company to Public Limited Company and consequently, the name of our Company was changed to `Vigor Plast India Limited' and a Fresh Certificate of Incorporation consequent to Conversion was issued on November 27, 2024 by the Registrar of Companies, Central Processing Centre. The Corporate Identification Number of the Company is U25190GJ2014PLC078525.
The Indian plastic industry, established in 1957, is a key economic sector, contributing significantly to employment and exports. With over 4 million workers and 30,000 processing units, it manufactures a wide range of products, including raw materials, films, and medical items. In FY25, plastic exports reached US$ 2.93 billion, showing growth in films, woven sacks, and packaging. India exports to over 200 countries, with the USA and China being major markets. Government initiatives like plastic parks, Digital India, and Make in India aim to enhance production and exports, with a target of US$ 25 billion in plastic exports by 2027.
Our 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. We cater to both rural and urban markets and provides long-lasting solutions for water distribution, wastewater management, and drainage. Our products, known for their durability and resistance to corrosion, are used in residential, commercial, agricultural and industrial sectors. Our focus is on delivering high-quality, efficient systems that meet the diverse requirements of our customers.
Vigor Plast India Ltd IPO Key Points
Strengths
- Long Standing business track record.
- Established Supplier Relationships.
- Strong Knowledge and expertise of our Promoters.
- Extensive Product Portfolio to Meet Customer Needs.
Risk
- Our top ten customers (dealers/distributors) contribute the majority of our revenues from operations. Any loss of business from one or more of them may adversely affect our revenues and profitability.
- Our top ten suppliers contribute the majority of our purchases. Any loss of business with one or more of them may adversely affect our business operations and profitability.
- The cost estimates for the construction of the proposed warehouse have been derived from internal estimates of our management and may not be accurate.
Strategy
- Strategic Warehouse Expansion to Enhance Delivery Efficiency and Product Availability.
- Enhancing Brand Image Through Improved Strategic Ambassador Partnerships.
- Scaling Production Capacity to Meet Growing Demand.
- Optimizing Distribution Channels to Enhance Profit Margins and Dealer Engagement.
- Long Standing business track record.
- Established Supplier Relationships.
- Strong Knowledge and expertise of our Promoters.
- Extensive Product Portfolio to Meet Customer Needs.
How To Apply for Vigor Plast India Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
