Vigor Plast IPO Sees Moderate Demand, Subscribed 3.88x by Day 4

Vigor Plast India Limited's initial public offering (IPO) has demonstrated moderate investor interest through its fourth day of subscription, with Vigor Plast's stock price set at ₹77-81 per share reflecting steady market reception. The ₹25.10 crore IPO reached 3.88 times by 5:44:59 PM on day four, indicating moderate investor interest in this CPVC and UPVC pipes and fittings manufacturing company incorporated in 2012.

Vigor Plast IPO non-institutional investors segment leads with strong 7.03 times subscription, whilst qualified institutional buyers (ex-anchor) demonstrate moderate participation at 3.94 times and individual investors show moderate interest at 2.49 times, whilst anchor investors show complete participation at 1.00 times, reflecting measured investor confidence in this company.

Vigor Plast IPO subscription reached moderate 3.88 times on day four, led by Non-Institutional Investors (7.03x), Qualified Institutional Buyers Ex-Anchor (3.94x), and Individual Investors (2.49x). Total applications reached 1,051.
 

Subscription Status of Vigor Plast IPO:

Here are the subscription details for Vigor Plast IPO as of Day 4 (September 9, 2025, 5:44:59 PM):

Vigor Plast IPO Reservation

Vigor Plast IPO - Key Highlights - Day 4:

• Overall subscription reached moderate 3.88 times, showing substantial improvement from day three's 0.97 times.
• Non-institutional investors category displaying strong interest at 7.03 times, building substantially from day three's 1.87 times
• Qualified institutional buyers (ex-anchor) showing moderate growth at 3.94 times, building substantially from day three's 0.50 times
• Individual investors displaying moderate confidence at 2.49 times, building substantially from day three's 0.85 times
• Total applications reached 1,051, indicating minimal investor participation for this SME IPO
• Cumulative bid amount reached ₹65.06 crores, significantly exceeding the issue size of ₹25.10 crores
• Vigor Plast IPO - Day 3 Subscription at 0.97 Times

Vigor Plast IPO - Key Highlights - Day 3:

• Overall subscription reaching limited 0.97 times, showing modest improvement from day two's 0.72 times
• Non-institutional investors showing modest performance at 1.87 times, building marginally from day two's 1.62 times
• Individual investors displaying limited confidence at 0.85 times, building substantially from day two's 0.45 times
• Qualified institutional buyers (ex-anchor) showing limited performance at 0.50 times, unchanged from day two's 0.50 times
• Vigor Plast IPO - Day 2 Subscription at 0.72 Times

Vigor Plast IPO - Key Highlights - Day 2:

• Overall subscription reaching limited 0.72 times, showing improvement from day one's 0.33 times
• Non-institutional investors showing modest performance at 1.62 times, building substantially from day one's 0.50 times
• Qualified institutional buyers (ex-anchor) showing limited improvement at 0.50 times, building from day one's 0.42 times
• Individual investors displaying limited confidence at 0.45 times, building substantially from day one's 0.20 times
• Vigor Plast IPO - Day 1 Subscription at 0.33 Times

Vigor Plast IPO - Key Highlights - Day 1:

• Overall subscription reached limited 0.33 times, showing cautious initial investor interest
• Non-institutional investors showing limited performance at 0.50 times, indicating weak HNI appetite
• Qualified institutional buyers showing limited performance at 0.42 times, indicating minimal institutional appetite
• Individual investors displaying minimal confidence at 0.20 times, showing very weak retail sentiment

About Vigor Plast India Limited

Incorporated in 2012, Vigor Plast India Limited is an Indian pipes and fittings manufacturing company engaged in manufacturing and supplying CPVC and UPVC pipes and fittings, SWR pipes and PVC agricultural pipes for plumbing, sewage, agriculture and industrial applications, operating from Gujarat with network of 440 distributors across 25 states and territories.