Solve Plastic Products Limited

Solve Plastic Products Limited

SMEClosed

₹1,09,200(1,200 Shares)

Minimum Investment

IPO Dates

Aug 13, 2024 – Aug 16, 2024

Price Band

₹91–91 per equity share

Lot Size

1200

Listing

Aug 21, 2024

Listing At

NSE SME

Aug 13, 2024Open DateCompleted
Aug 16, 2024Close DateCompleted
TBAAllotment DateUpcoming
Aug 21, 2024Listing DateCompleted

Solve Plastic Products Limited Live Subscription Details

All IPOs
QIB / NII19.58x
Retail46.76x

Overall Subscription

Total Bids Received

33.17x

Solve Plastic Products Limited IPO Issue Details

Issue Price
₹91 Per Equity Share
Face Value
₹10 Per Equity Share
Fresh Share
13,02,000 shares(aggregating up to ₹11.85 crore)
Listing At
NSE SME
Listing Date
Aug 21, 2024
Registrar
Integrated Registry Management Services Private Limited

Reservation Details

Market Maker5.07%

Shares Offered

66,000

Company Information

Solve Plastic Products Limited was established in 1994. The company manufactures a full range of uPVC pipes (unplasticized polyvinyl chloride) and rigid PVC electrical conduits and sells them under th...

Valuations

EPS (Pre-IPO)

3.92

EPS (Post-IPO)

3.24

P/E (Pre-IPO)

23.2

P/E (Post-IPO)

28.12

RoNW

32.47%

PAT Margin

9.13%

P/B Value

6.36

Objectives of the Issue

  1. 1Funding Capital Expenditure towards the purchase of additional plant and machinery
  2. 2To meet the Working Capital Requirements
  3. 3To meet the Issue Expenses
  4. 4General Corporate Purposes

Solve Plastic Products Limited – Promoter(s)

Mr. Sudheer Kumar Balakrishnan Nair
Mr. Susil Balakrishnan Nair
Mr. Balakrishnan Nair

Contact Details

Corporate Office

Door No XIII/690/ABC, Tholicode, Punalur, Kollam - 691333

+91 99956 31001

cs@balcopipes.com

Visit Website

Solve Plastic Products Limited Allotment & Registrar Details

Check Allotment

Integrated Registry Management Services Private Limited

044 - 28140801 to 28140803

smeipo@integratedindia.in

Visit Registrar Website

Solve Plastic Products Limited IPO Documents

Frequently Asked Questions — Solve Plastic Products Limited IPO

The Solve Plastic Products Limited IPO price band is set at ₹91.00 to ₹91.00 per equity share.

The lot size for Solve Plastic Products Limited IPO is 1200 shares per lot. The minimum investment amount is approximately ₹1,09,200.

The Solve Plastic Products Limited IPO opens on Aug 13, 2024 and closes on Aug 16, 2024.

Solve Plastic Products Limited IPO is expected to be listed on Aug 21, 2024 on NSE SME.

The registrar for Solve Plastic Products Limited IPO is Integrated Registry Management Services Private Limited. You can contact them at smeipo@integratedindia.in.

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