NSE - SMEListed
Solve Plastic Products Limited
Company websiteSolve Plastic Products Limited — Issue: ₹13,02,000 cr, Fresh: ₹13,02,000 cr, OFS: ₹0 cr.
Total shares on offer: 1200. Apply from 13-08-2024 to 16-08-2024. Consider your investment horizon — IPOs can be volatile on listing day.
Start Date13-08-2024
End Date16-08-2024
Listing Date21-08-2024
Allotment Date19-08-2024
Current Price₹102
GMP₹7 (7.69%)
Lot Size1200 Shares
Subscription33.99 Times
Face Value₹10 per share
Listing atNSE
Issue Price₹91 - ₹91
Pre Issue₹30,66,250
Post Issue₹43,68,250
Issue Size₹13,02,000
(aggregating up to 11.85 Cr)
(aggregating up to 11.85 Cr)
Fresh Issue₹13,02,000
(aggregating up to 11.85 Cr)
(aggregating up to 11.85 Cr)
Offer For Sale-
The Grey Market Premium (GMP) for Solve Plastic Products Limited is currently around ₹7 (7.69%). This indicates an estimated listing price of approximately ₹98 based on the latest market sentiment. Please note that GMP values are unofficial and can change frequently as they depend on demand, market conditions, and investor activity.
Gmp Details
| Last Updated | IPO Price | GMP | Estimated Listing Price |
|---|---|---|---|
21 Nov 2025, 06:52 | ₹91 | ₹7 | ₹98 (7.69%) |
01 Mar 2025, 11:25 | ₹91 | ₹7 | ₹98 (7.69%) |
Financials overview in Lakhs
Here is a quick look at the recent financial performance of Solve Plastic Products Limited . The numbers below ( in Lakhs ) show how the company’s revenue and profits have changed over the last few years. This helps investors understand how strongly the business is growing and how stable its financial health is before applying for the IPO.
Key Performance
| KPI | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
EPS | 4.66 | 3.96 | -1.34 |
ROE | 0 | 0 | 0 |
ROCE | 0 | 0 | 0 |
RONW | 32.47 | 62.46 | -56.31 |
PRE IPO(PE) | 23.2 | 0 | 0 |
POST IPO(PE) | 28.1 | 0 | 0 |
Subscription Demand (in ₹ Crore)
| Category | Offered | Demand | Times |
|---|---|---|---|
RETAIL | ₹5.62 | 271.22 | 48.26 |
Total | ₹5.62 | 271.22 | 48.26 |
The IPO reservation for Solve Plastic Products Limited shows how the total issue is divided among different investor categories. This includes allocations for Retail Investors, Qualified Institutional Buyers (QIBs), and Non-Institutional Investors (NIIs). Understanding the reservation structure helps investors know how much of the issue is set aside for their category before applying.
IPO Reservation
| Category | Shares Offers | No. of Shares |
|---|---|---|
RETAIL | 47.47% | 6,18,000 |
Other | 47.47% | 6,18,000 |
Market Maker | 5.07% | 66,000 |
TOTAL | 100.00% | 13,02,000 |
Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
Retail (Min) | 1 | 1,200 | ₹1,09,200 | |
HNI | 2 | 2,400 | ₹2,18,400 |
Below you can find the official contact details of Solve Plastic Products Limited along with the registrar handling the IPO process. This information helps investors reach out for queries related to the company or for checking the allotment status and application updates once the IPO process begins.
Company Details
Email: cs@balcopipes.com
Phone: +91 99956 31001
Website: https://www.balcopipes.com/
Address: Door No XIII/690/ABC, Tholicode, Punalur, Kollam - 691333
IPO Registrar
Name: Integrated Registry Management Services Private Limited
Phone: 044 - 28140801
Email: smeipo@integratedindia.in