Solve Plastic Products Limited

Solve Plastic Products Limited IPO

NSE SMEClosed
Aug 13, 2024Open Date
Aug 16, 2024Close Date
TBAAllotment Date
Aug 21, 2024Listing Date

Subscription Details

View Subscription Details
QIB / NII19.58x
Retail46.76x

Overall Subscription

Total Bids Received

33.17x

Updated: 10 Jul, 06:09 pm

Solve Plastic Products Limited IPO Issue Details

Issue Price₹91 Per Equity Share
Face Value₹10 Per Equity Share
Fresh Share13,02,000 shares(aggregating up to ₹11.85 crore)
Listing AtNSE SME
Listing DateAug 21, 2024
RegistrarIntegrated Registry Management Services Private Limited

Reservation Details

CategoryShares Offered%
Market Maker66,0005.07%

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

Registrar Contact

Integrated Registry Management Services Private Limited

044 - 28140801 to 28140803

smeipo@integratedindia.in

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Solve Plastic Products Limited IPO Documents

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