Solve plastic products IPO GMP, Grey Market Premium Live Update: This is a 100% fixed price issue IPO total size is 11.85 crores. Fresh share issue size 13,02,000 equity shares. IPO opens on 13 August 2024, Tuesday, and closes on 16 August 2024, Friday. IPO list on the NSE SME platform on 21 August 2024, Wednesday. The company fixed one share price of rupees is ₹91 per share. 1 lot size is 1200 equity shares. Retail investor’s minimum amount required for applying for this IPO is ₹109,200 Rupees.
Solve Plastic Products IPO Date & Times Overview
| Issue Period | 13/08/2024 to 16/08/2024 |
| IPO Open | 13 August 2024, Tuesday |
| IPO Close | 16 August 2024, Friday |
| Bidding Time | 10.00 A.M to 5.00 P.M |
| Share Allotment Status | 19 August 2024, Monday |
| Initiation of Refunds | 20 August 2024, Tuesday |
| Share Credit of Demat Accounts | 20 August 2024, Tuesday |
| Share Listing | 21 August 2024, Wednesday |
| Cut-off Time for UPI Mandate Confirmation | 16 August 2024 at 5.00 P.M |
| Apply Process | Only through the ASBA process |
Read More: Saraswati Saree Depot Limited IPO
Solve Plastic Products IPO GMP ( Grey Market Premium ) Live Today 14/08/2024
| DATE | ISSUE PRICE | GMP | KOSTAK RATE | EXPECTED LISTING GAIN |
| 16-08-2024 | ₹91 | – | – | – |
| 15-08-2024 | ₹91 | – | – | – |
| 14-08-2024 | ₹91 | – | – | – |
| 13-08-2024 | ₹91 | – | – | – |
| 12-08-2024 | ₹91 | – | – | – |
Solve Plastic Products IPO Details
| Company Name | Solve Plastic Products Limited |
| Issue Type | 100% fixed price issue |
| Offer For Sale ( OFS ) | No |
| Total Issue Size | 13,02,000 Equity shares Value, 4.02 Crores |
| Face Value | ₹10 |
| One Lot Size | 1200 Shares |
| Price Range | ₹91 per share |
| Listing Platform | NSE SME |
| Book Running Lead Manager | Finshore Management Services Limited |
| Name of the Registrar | Integrated Registry Management Services Pvt. Ltd |
| Market Maker | Black Fox Financial Pvt. Ltd |
| Solve Plastic Products RHP | Check Here |
| Solve Plastic Products DRHP | Check Here |
Solve Plastic Products IPO Investors Investment Required
| Investor Types | Minimum Investment | Maximum Investment |
| Retail Investors | 1 Lot 1,200 Shares ₹109,200 | 1 Lot 1,200 Shares ₹109,200 |
| Non-Institutional Investors ( NII ) | 2 Lots 2,400 Shares ₹218,400 | 2 Lots 2,400 Shares ₹218,400 |
Solve Plastic Products Limited Business Details
Solve Plastic Products Limited was established in 1994, this company currently mainly manufactures uPVC pipes and Electrical Conduits of different sizes. The company has a total of 4 automatic manufacturing units out of which three are located in Kerala and one in the state of Tamil Nadu. The company sells the products in the market under the name of BALCO brand. All the products manufactured by this company are:
- uPVC Pipes
- Rigid PVC Electric Conduits
- Garden Hoses ( Water pipe )
- Solvent Cement
- Water Tanks
Solve Plastic Products Limited Office Address & Contact Details
| Address: | Door No XIII/690/ABC, Tholicode, Punalur, Kollam, Kerala- 691333, India |
| Tel No: | +91 99956 31001 |
| Email Id: | [email protected] |
| Website: | www.balcopipes.com |
