Solve Plastic Products IPO
ListedSolve 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.
What is the issue size of Solve Plastic Products IPO?
The issue size of Solve Plastic Products is ₹11.85 Cr.
What is the industry of Solve Plastic Products?
Solve Plastic Products falls into Building Products industry.
Where Solve Plastic Products IPO will be listed?
The Solve Plastic Products IPO will be listed on BSE.
What are the open and close dates for the Solve Plastic Products IPO?
The open and close dates for the Solve Plastic Products are 13-Aug-2024 & 16-Aug-2024.
What are the price band for Solve Plastic Products IPO?
The price band for the Solve Plastic Products ipo is ₹91
What is the listing date of Solve Plastic Products IPO?
The listing date of Solve Plastic Products IPO is 21-Aug-2024.
What is the purpose for the Solve Plastic Products IPO?
The purpose of this IPO is to raise fresh capital.
How much times Solve Plastic Products IPO subscribed?
Solve Plastic Products total subscription ratio is 31.5X.
What are the key financials for the Solve Plastic Products IPO?
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 |