31 Mar 2022
Assets18.23
Total Income55.78
Profit After Tax-0.41
NET Worth0.72
Reserves and Surplus-2.31
Total Borrowing10.30
At a glance
Updated 2026-08-24Solve Plastic Products is a SME IPO with an issue size of ₹11.85 crore, proposed for listing on NSE SME. The issue structure includes a fresh issue of ₹11.25 crore.
Issue details
Listing atNSE SME
Issue typeFixed Price Issue
Issue size₹11.85 Cr
Fresh issue₹11.25 Cr
Face value₹10
Price band—–—
Grey market
GMP page ↗Latest GMP₹7.00
GMP / upper priceNO DATA
Est. listing₹98.00
GMP is unofficial sentiment data, not an exchange price.
Subscription demand
Full bidding ↗NO DATAWaiting for a verified live exchange update.
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding Capital Expenditure towards purchase of additional plant and machinery | ₹5.53 Cr |
| Working Capital Requirements | ₹3.83 Cr |
| Issue Related Expenses | ₹1.62 Cr |
| General Corporate Expenses | ₹0.88 Cr |
Financials
Full financials ↗31 Mar 2023
Assets18.74
Total Income62.25
Profit After Tax1.20
NET Worth1.93
Reserves and Surplus-1.11
Total Borrowing10.53
31 Mar 2024
Assets22.12
Total Income47.16
Profit After Tax1.42
NET Worth4.39
Reserves and Surplus1.32
Total Borrowing11.36
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| Debt / Equity | 2.83% |
| RoNW | 32.47% |
| PAT Margin | 9.13% |
| Price to Book Value | 6.36 |
Valuation & shareholding
Pre-IPO EPS3.92
Post-IPO EPS3.24
Pre-IPO P/E23.2
Post-IPO P/E28.12
Promoter holding pre90.22%
Promoter holding post63.33%
Market cap₹39.75 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Lead Manager Fees, Underwriting commission, including other intermediaries Fees, Printing and distribution of Issue Stationary | ₹0.70 Cr |
| Regulators Including Stock Exchanges | ₹0.09 Cr |
| Advertising and Marketing Expenses | ₹0.83 Cr |
Registrar & lead managers
Registrar
Integrated Registry Management Services...Lead managers
- Finshore Management Services Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.