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Issue Open Date
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04-Sep-25
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Issue Closing Date
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09-Sep-25
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Application Money
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100
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Allotment Money
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Price Band
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77
-
81
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Minimium Application No.
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3200
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Issue Size (Shares)
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3099200
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Market Lot
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1
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Objective
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1. Repayment of certain secured borrowings availed by our Company;2. Funding capital expenditure towards the development and construction of new warehouse in Ahmedabad, Gujarat;3. General corporate purposes.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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3292800
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Qualified Institutional Buyers
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2324800
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Retail Individual Investors
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2572800
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Business Description
Our Company was incorporated in 2014, initially focusing on the trading of PVC pipes and fittings. In the year 2020 onwards,we expanded our operations by establishing a manufacturing facility to produce Polyvinyl Chloride (PVC), UnplasticizedPolyvinyl Chloride (uPVC), and Chlorinated Polyvinyl Chloride (cPVC) pipes, fittings, and related products. Our companyis 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 longlastingsolutions for water distribution, wastewater management, and drainage. Our products, known for their durability andresistance to corrosion, are used in residential, commercial, agricultural and industrial sectors. Our focus is on deliveringhigh-quality, efficient systems that meet the diverse requirements of our customers.We have received several quality certifications from the Bureau of Indian Standards (BIS) for both our products andmanufacturing facility. Our facility complies with the ISO 9001:2005 Quality Management Standard, ensuring the consistentmanufacturing, export, and supply of uPVC, cPVC, and PVC products. Additionally, our company has been awarded variousIS Certifications, including IS 15778:2007 for Chlorinated Polyvinyl Chloride (CPVC) pipes used in potable hot and coldwater distribution systems, IS 7834:Part I:1987 for Injection Moulded PVC Socket Fittings with solvent cement joints forwater supplies, IS 13592:2013 for Unplasticized Polyvinyl Chloride (PVC-U) Pipes for soil and waste discharge systems inbuildings, IS 14735:1999 for Unplasticized PVC Injection Moulded Fittings for soil and waste discharge systems, and IS4985:2021 for Unplasticized PVC Pipes for potable water supplies. These certifications demonstrate the quality and reliabilityof our products across various categories.
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Promoter's Holding
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Total Share Capital
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7851500
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Offered to Public
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3099200
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Promoter's Holding (Pre-Issue)
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99.99
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Promoter's Holding (Post-Issue)
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70.05
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Address |
Survey No. 640/3
Behind Gujarat Gas Cng Pump Godown Zone
Lalpur Road
Dared
Village Chela
Jamnagar,
Gujarat,
361006
Phone : 0288-2730912
Email : info@vigorplastindia.com
Website : www.vigorplastindia.com
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Registrar |
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
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Listed at |
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NSE
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Lead Manager |
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Unistone Capital Pvt Ltd.
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Promoters |
Jashvantiben Rajeshbhai Kathiriya
Jayesh Premjibhai Kathiriya
Nitaben Jayeshbhai Kathiriya
Premjibhai Dayabhai Kathiria
Rajesh Premjibhai Kathiriya
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