Solve Plastic Products IPO

Listed Listed stocks

Solve Plastic Products IPO Details

  • Bidding Date

    13-Aug-2024 to
    16-Aug-2024

  • Issue Size

    ₹11.85 Cr

  • Price Band

    ₹91

  • Allotment date

    19-Aug-2024

  • Listing date

    21-Aug-2024

  • Lot size

    1200

  • No. of shares

    13,02,000

  • Fresh issue/OFS

    ₹11.85 Cr /--

About Solve Plastic Products Company

Solve Plastic Products Limited, established in 1994, is a leading manufacturer of a comprehensive range of uPVC (Unplasticized Polyvinyl Chloride) pipes and rigid PVC electrical conduits. The company operates four state-of-the-art manufacturing facilities—three in Kerala and one in Tamil Nadu. These facilities are fully automated and equipped with the latest technology, enabling the production of durable and affordable uPVC pipes and electrical conduits. Solve Plastic Products Limited markets its products under the brand name “BALCOPIPES” through a network of 260 authorized dealers and distributors across Kerala, Karnataka, and Tamil Nadu.

Subscription Status

  • Category

    Status

  • QIBs

    --

  • NIIs

    --

  • Retail

    --

  • Others

    --

  • Total

    31.5x

FAQs for Solve Plastic Products IPO.

The issue size of Solve Plastic Products is ₹11.85 Cr.

Solve Plastic Products falls into Building Products industry.

The Solve Plastic Products IPO will be listed on BSE.

The open and close dates for the Solve Plastic Products are 13-Aug-2024 & 16-Aug-2024.

The price band for the Solve Plastic Products ipo is ₹91

The listing date of Solve Plastic Products IPO is 21-Aug-2024.

The purpose of this IPO is to raise fresh capital.

Solve Plastic Products total subscription ratio is 31.5X.

Key financial of the Solve Plastic Products are:


Solve Plastic Products FY-24 FY-23 FY-22
Revenue (₹ Cr) 46.19 60.77 55.07
EBIT (₹ Cr) 1.99 1.14 0.18
Proft after Tax (₹ Cr) 1.42 1.2 -0.41
Debt (₹ Cr) 12.41 12.22 12.3
Net Worth (₹ Cr) 4.39 1.93 0.72
RoE (%) 32.47 62.46 -56.31