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Solve Plastic Products IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Kollam and caters to Plastic And Polymer sector. Finshore Management Services is the merchant banker of Solve Plastic Products IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 17th May 2024.
Solve Plastic Products IPO open date is 13th August 2024 and close date is 16th August 2024. IPO Allotment Date is 19th August 2024 and Listing date is 21st August 2024.Solve Plastic Products IPO size is Rs 11.85 Cr. crores with IPO price of Rs 91.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Finshore Management Services Limited is the book-running lead manager of the Solve Plastic Products IPO. Integrated Registry Management Services Private Limited is the Registrar and Market Maker is Black Fox Financial Private Limited for Solve Plastic Products IPO.
Solve Plastic Products IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Solve Plastic Products IPO, based in Kollam, operates in the Plastic And Polymer sector with a focus on manufactures a comprehensive range of uPVC pipes (unplasticized polyvinyl chloride) and Rigid PVC electrical conduits. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Solve Plastic Products IPO size is ₹ 11.85 Cr. Crores with fresh issue size of Rs 11.85 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Solve Plastic Products IPO is expected to be 19th August 2024, after the finalization of basis of allotment. Investors can check Solve Plastic Products IPO allotment status on the registrars website, Integrated Registry Management Services Private Limited. Solve Plastic Products IPO refund dates are 20th August 2024.
Solve Plastic Products IPO is expected to be listed on 21st August 2024.
The upper price band for the Solve Plastic Products IPO is set at ₹ 91.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Solve Plastic Products IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Solve Plastic Products IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 16th August 2024. After submission, funds are blocked until the basis of allotment of Solve Plastic Products IPO is finalised.
The merchant banker for Solve Plastic Products IPO is Finshore Management Services Limited . Finshore Management Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Solve Plastic Products IPO RHP for further details.
The registrar for Solve Plastic Products IPO is Integrated Registry Management Services Private Limited. Investors can go to Integrated Registry Management Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Solve Plastic Products IPO through their official website or helpline.
Solve Plastic Products IPO was subscribed 34.23 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 11.85 Cr.
Avg IPO Size (Sector Based)
:
₹ 19.61 Cr.
Sector: Plastic And Polymer
SME IPO so far:
28
Merchant Banker:
Finshore Management
SME IPO by BRLM so far:
47
City:
Kollam
SME IPO so far:
1
Revenue (annualised):
₹ 47.16 cr.
PE
Ratio:
28.12x
Average Sector PE Ratio: 20.08x
Solve Plastic Products IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Solve Plastic Products Financial Review Page
Merchant Banker(s) of Solve Plastic Products IPO: Finshore Management Services Limited
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 39.95.
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