#VigorPlastIndiaIPO #SMEIPO #IPO2025 #StockMarketIndia #CapitalMarkets #InvestorAlert #PrimaryMarketUpdates #IPONews
Mumbai: Vigor Plast India Ltd has opened its Initial Public Offering (IPO) for subscription on September 4, 2025, with the issue set to close on September 9, 2025. The SME public issue, worth ₹25.10 crore, is being launched through the book-building route and comprises both a fresh issue and offer for sale (OFS) component.
The company is offering a fresh issue of 30.99 lakh equity shares with a face value of ₹10 each, alongside an offer for sale, taking the total shares on offer to 30.99 lakh units. This will provide both growth capital for the company and an exit opportunity for some existing shareholders.
IPO Price Band, Lot Size and Investment Details
Vigor Plast India Ltd has set a price band of ₹77–₹81 per share, with investors required to apply in lots of 1,600 shares each. At the upper price band, the minimum investment for retail investors works out to ₹1,29,600.
Retail investors can apply for up to 3,200 shares (₹2.59 lakh), while High Net-worth Individuals (HNIs) and Non-Institutional Investors (NIIs) will be able to bid for larger allocations.
The shares are expected to be listed on an SME exchange, with the tentative listing date fixed for September 12, 2025. The final exchange platform (BSE SME or NSE SME Emerge) will be confirmed closer to the listing.
Issue Size and Structure
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Total Issue Size: 30,99,200 equity shares
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Total Fund Raise: ₹25.10 crore
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Fresh Issue: 30.99 lakh shares
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Offer for Sale (OFS): Part of total shares offered
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Offered to Public: 10.30 lakh shares
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Retail Investor Quota: 50% of net issue (subject to SME regulations)
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Face Value: ₹10 per share
The proceeds from the fresh issue will be used to fund working capital requirements, invest in business expansion, repay certain borrowings, and for general corporate purposes.
About Vigor Plast India Ltd
Vigor Plast India Ltd is engaged in the plastics and packaging solutions industry, catering to diverse clients across manufacturing, FMCG, and industrial supply chains. The company is positioned to benefit from the growing demand for durable and sustainable packaging products, particularly as India’s consumer and industrial sectors continue to expand.
By tapping the capital markets, the company aims to strengthen its operations, expand its product portfolio, and improve overall financial stability to capture a larger share of the growing packaging and plastics market.
Subscription Timeline
The IPO subscription period is open from September 4 to September 9, 2025. Basis of allotment is likely to be finalized by September 10–11, 2025, with listing scheduled for September 12, 2025.
Investors can subscribe through ASBA-enabled bank accounts or via registered brokers, and allotment will be processed electronically through the stock exchange mechanism.
SME IPO Market Outlook
The SME IPO space has been witnessing heightened investor activity in 2025, with several issues recording strong demand and oversubscription. Analysts point out that SME IPOs, though relatively high-risk due to lower liquidity, continue to attract retail and HNI interest because of their growth potential and early-stage participation opportunities.
Market watchers note that the ₹25.10 crore issue size of Vigor Plast India Ltd is moderate, making it manageable for the market to absorb. The price band of ₹77–₹81 places the IPO in a relatively affordable zone, though the large lot size of 1,600 shares (₹1.29 lakh minimum investment) indicates that the offering is targeted more toward serious retail investors and HNIs, rather than small-ticket participants.
Analyst Commentary
Analysts believe that Vigor Plast India Ltd’s IPO will draw attention due to its presence in the packaging and plastics sector, which has a steady demand outlook. Rising demand for eco-friendly and efficient packaging is also expected to act as a growth driver for companies in this segment.
However, experts also caution investors that SME IPOs are prone to sharp post-listing movements due to limited float and liquidity. The long-term performance will depend on the company’s ability to deliver consistent financial growth and expand its customer base.
Key IPO Details at a Glance
| Particulars | Details |
|---|---|
| IPO Type | SME (Book Building) |
| Issue Size | ₹25.10 crore |
| Fresh Issue | 30.99 lakh shares |
| Price Band | ₹77 – ₹81 |
| Lot Size | 1,600 shares |
| Minimum Investment | ₹1,29,600 |
| Retail Max | 3,200 shares (₹2.59 lakh) |
| Open Date | September 4, 2025 |
| Close Date | September 9, 2025 |
| Listing Date | September 12, 2025 |
| Exchange | SME Platform (To be confirmed) |
Outlook
The Vigor Plast India Ltd IPO provides investors with an opportunity to participate in the growth of a plastics and packaging player at a time when the sector is witnessing steady demand. While the moderate issue size and price band make it attractive, the high lot size may limit retail participation.
For investors with a higher risk appetite and long-term horizon, the IPO could offer exposure to an emerging player in India’s industrial ecosystem.
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