Vigor Plast India, a Gujarat-based pipes manufacturer, is launching its IPO on the NSE SME platform. The Rs 25-crore IPO opened on September 4 and closed on September 9. The IPO comprises fresh share sale and offer for sale. Proceeds will be used to repay borrowings and fund a new warehouse. The IPO was subscribed 3.9 times overall.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets