• Wednesday, 01 April 2026
  • Adani Ports 1,385.20 ▲ 71.80
  • Asian Paints 2,224.00 ▲ 59.50
  • Axis Bank 1,192.85 ▲ 30.90
  • Bajaj Finance 817.20 ▲ 15.80
  • Bajaj Finserv 1,647.75 ▲ 16.15
  • Bharat Electron 418.80 ▲ 18.20
  • Bharti Airtel 1,782.00 ▼ -2.30
  • BSE Sensex 73,134.32 ▲ 1,186.77
  • Eternal 236.70 ▲ 7.65
  • HCL Technologies 1,354.85 ▲ 13.70
  • HDFC Bank 742.15 ▲ 10.35
  • Hind. Unilever 2,064.45 ▲ 8.65
  • ICICI Bank 1,212.55 ▲ 7.35
  • Infosys 1,276.25 ▲ 25.05
  • Interglobe Aviat 4,180.90 ▲ 237.15
  • ITC 291.40 ▲ 3.70
  • Kotak Mah. Bank 356.05 ▲ 2.85
  • Larsen & Toubro 3,607.55 ▲ 103.25
  • M & M 3,030.95 ▲ 74.80
  • Maruti Suzuki 12,508.30 ▲ 209.50
  • NTPC 364.85 ▼ -6.10
  • Power Grid Corpn 292.85 ▼ -3.35
  • Reliance Industries 1,368.85 ▲ 24.60
  • SBI 1,017.90 ▲ 38.10
  • Sun Pharma.Inds. 1,728.45 ▼ -28.90
  • Tata Steel 194.70 ▲ 2.90
  • TCS 2,408.30 ▲ 49.25
  • Tech Mahindra 1,404.05 ▲ 17.35
  • Titan Company 4,063.20 ▲ 111.10
  • Trent 3,525.35 ▲ 230.70
  • UltraTech Cem. 10,713.40 ▼ -31.55

Current IPO

Solve Plastic Products Ltd

Registered Office: Door No.XIII/690/ABC,Tholicode Punalur, Kerala , Kollam,691333
Phone : +91 99956 31001 | Fax : N/A | Email : cs@balcopipes.com | Website : www.balcopipes.com

initial public offer of 13,02,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Solve Plastic Products Limited (the "Company" or the "Issuer") for cash at a price of Rs. 91/- per equity share, including a share premium of Rs. 81/- per equity share (the "Issue Price"), aggregating to Rs. 11.85 crores ("The Issue"), of which 66,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 91/- per equity share, aggregating to Rs. 0.60 crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 12,36,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 91/- per equity share, aggregating to Rs. 11.25 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 29.81% and 28.30% respectively of the post issue paidup equity share capital of the company. The face value of the equity share is Rs. 10/- each and the issue price is Rs. 91/- each i.e., 9.1 times of the face value of the equity shares. The minimum lot size is 1,200 equity shares
Issue Money Payable On
Opens On Closes On Allotment Application
13-Aug-24 16-Aug-24 0.0 - 0.0 91.0 - 0.0

Minimum Application for shares in Nos : 1200.00 Further Multiples of : 1200.00

( in Cr) Lead Managers to the Issue
Project Cost 10.23 Finshore Management Services Ltd
Project Financed 11.85
Post Issue 4.37
Issue Price 4.37

Projects

  • Funding capital expenditure towards purchase of additional plant and machinery
  • Working capital requirements
  • General Corporate Purposes
  • Promoted By
    Sudheer Kumar Balkrishnan Nair
    Susil Balakrishnan Nair
    Balakrishnan Nair
  • Listing At
    NSE - SME
  • Registrar to the Issue
    Integrated Registry Mgt Ser.Pv