Business News | Vigor Plast India Limited Attracts Strong Anchor Investment; IPO Opens Today

PNN

Mumbai (Maharashtra) [India], September 4: Vigor Plast India Limited, a leading provider of complete plumbing solutions, has successfully raised ₹7.08 crore from marquee anchor investors, reflecting strong confidence in the company's growth potential. The Anchor Book witnessed participation from reputed funds such as Silver Stride India Global Fund, Nova Global Opportunities Fund, Venus Investments VCC - Venus Stellar Fund, Aarth AIF Growth Fund, and Smart Horizon Opportunity Fund.

Also Read | Delhi Rains: Water Level in Yamuna River Rises to 207.48 Metres, Floods Hit Low-Lying Areas (Watch Videos).

The company has allocated 8,73,600 equity shares at ₹81 per share, raising a total of ₹7.08 crore from prominent anchor investors.

The allocation includes participation from reputed domestic and global funds:

Also Read | Pakistan Cricketer Haider Ali Cleared Of Alleged Rape Charges As Manchester Police Find 'No Conclusive Evidence': Report.

-Silver Stride India Global Fund - ₹2.26 crore (31.87%)

-NOVA Global Opportunities Fund PCC - Touchstone - ₹1.54 crore (21.79%)

-Venus Investments VCC - Venus Stellar Fund - ₹1.26 crore (17.77%)

-Aarth AIF Growth Fund - ₹1.01 crore (14.29%)

-Smart Horizon Opportunity Fund - ₹1.01 crore (14.29%)

The enthusiastic participation by high-quality institutional investors underscores the strength of Vigor Plast India's business model, its robust growth trajectory, and the opportunities in the plumbing solutions segment.

The company's Initial Public Offering (IPO) opens today, September 4, 2025, and will close on September 9, 2025. The IPO comprises a fresh issue of ₹25.1 crore with a price band of ₹77 to ₹81 per equity share, and investors can bid in lots of 1,600 shares. The equity shares of the company are proposed to be listed on the NSE Emerge platform.

(ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same)

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)