247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Solve Plastic Products IPO (Solve Plastic Products IPO) Details

Solve Plastic Products is an Plastic And Polymer based company, located in Kollam, Solve Plastic Products IPO size was 11.85 Cr. and was issued at 91.00 per share. The share of Solve Plastic Products were listed at 107.10 per share and are currently trading at 43.75 per share.

Type :
Sub Sector : Manufactures A Comprehensive Range Of UPVC Pipes (unplasticized Polyvinyl Chloride) And Rigid PVC Electrical Conduits
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
47.15 Cr.

PAT :
1.42 Cr.

Pricing Report

Issue Price :
91.00

Listing Price :
107.10

Current Market Price :
43.75

Issue Price vs CMP :
47.25 (51.92%)

listing Price vs CMP :
63.35 (59.15%)

Performance Report (CAGR* wise)

CAGR : -82.57
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Solve Plastic Products

Company Information
Solve Plastic Products was originally incorporated as a Private Limited Company under the name "Solve Plastic Products Private Limited" on October 04, 1994, under the provisions of the Companies Act, 1956, with Registration No. 09-08231 issued by the Registrar of Companies, Kerala. It was later converted into a Public Limited Company under the Companies Act, 2013, and the name was changed to "Solve Plastic Products Limited" with a fresh Certificate of Incorporation dated March 05, 2024, bearing Corporate Identification Number U25209KL1994PLC008231, issued by the Registrar of Companies
Object of Issue
  • Funding Capital Expenditure towards the purchase of additional plant and machinery
  • To meet the Working Capital Requirements
  • To meet the Issue Expenses
  • General Corporate Purposes

Solve Plastic Products SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Aug, 2024
IPO Size :
11.85 Cr.
Market Cap :
39.75 Cr.   
IPO Subscription :
34.23 X     
PE Multiple :
28.12
IPO Registrar:
Integrated Registry Management Services Private Limited
Anchor Investors:

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FAQs

Solve Plastic Products operates in Plastic And Polymer and Manufactures A Comprehensive Range Of UPVC Pipes (unplasticized Polyvinyl Chloride) And Rigid PVC Electrical Conduits. The Issue is listed on NSE EMERGE in Aug, 2024. Solve Plastic Products IPO size was 11.85 Cr. with Issue price of 91.00 .

Solve Plastic Products IPO subscription was 34.23 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Solve Plastic Products IPO listed at a listing price of 107.10 against the offer price of 91.00.

The current market price of Solve Plastic Products is 43.75.

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