Solve Plastic Products IPO Allotment Status Online: Solve Plastic Products IPO is Open on 13 August 2024 and Close on 16 August 2024. Solve Plastic Products IPO to Raise 13,02,000 shares (Approx ₹11.85 Cr) via IPO. The Fresh Issue is 13,02,000 shares (Approx ₹11.85 Cr).
- The Retail Quota is 50%
- QIB is -%
- NII is 50%
Solve Plastic Products IPO Basis of Allotment Status on 19 August 2024. Solve Plastic Products IPO Refund Date is 20 August 2024 and Solve Plastic Products IPO Credit to Demat on 20 August 2024.
Also Read: Solve Plastic Products IPO Details Today, Date, Price, GMP, Review
Solve Plastic Products IPO Allotment Link Online
| Integrated Registry | Integrated Registry Allotment Link |
|---|---|
| Moneymintidea | IPO Allotment Status Link |
About –
Solve Plastic Products was originally incorporated on October 04, 1994. Our company has 3 (three) well-equipped manufacturing facility at Kerala and 1 (one) well-equipped manufacturing facility at Tamil Nadu. It has the latest technology and equipment that helps in the production of high-quality uPVC pipes and Electrical Conduits of different sizes. Our manufacturing facilities is fully automated.
The company also has a well-trained team of engineers, technicians and operators that helps in the production and quality control of the products. Our Company markets its products under the brand name of “BALCOPIPES”, through its network of Authorized Dealers/Distributors. As on the date of this Draft Prospectus, our Company has 255 Authorized Dealers/Distributors present across 3 (three) states i.e. Kerala, Karnataka and Tamil Nadu.
The products manufactured are approved by various agencies such as the Bureau of Indian Standards (BIS) and also from organisations i.e. Central Public Works Department (CPWD) of Chennai & Kochi, Military Engineer Services (MES), Integral Coach Factory, Public Works Department (PWD) of Kerala and Tamil Nadu and Tamil Nadu Housing Board. We are registered vendor with government organizations such as Chennai Port Authority and Southern Railway.
Our company has received Certificate of Appreciation from Bureau of Indian Standards in recognition of dedication to quality and association with BIS for more than 25 years. Our Company has always strived to provide its clients with the best uPVC pipes and electrical conduits in the market. With the help of the latest technology and equipment, the company has been able to produce high-quality uPVC pipes and electrical conduits that are not only durable but also affordable.
Our company is a quality oriented and innovative company with a wide, comprehensive and cost–effective range of uPVC pipes and electrical conduits. We continuously aim at growing our product range to meet the needs of a growing India. We are committed towards constant innovations in drinking water piping solutions and electrical conduit fittings to meet the constantly increasing demands. Our vision is to prioritized the use of materials that are mostly non-hazardous to the environment, to reduce wastage, zeroize the use of lead in our product & the ethical disposal of waste materials.
Our Products-
- uPVC Pipes
- Rigid PVC Electric Conduits
- Garden Hoses
- Solvent Cement
- Water Tank
At Balco Pipes, we have 4 (four) manufacturing facilities, equipped with advanced R&D Lab, dedicated towards providing superior quality products. Solve Plastic Products Pipes has been successfully manufacturing and marketing its products under the brand name “Balco Pipes” and is well known for its commitment to quality and service.
We believe in qualitative production matching the customer requirements, timely deliverables and cost efficiency and have thereby developed a long-continuing relationship with our customers. With the experience of our Promoters, technological drive, continuous research, supplier and customer relationships, government support and industry demand for uPVC pipes and rigid electrical conduit fittings, our Company serves the products majorly across the state of Kerala and Tamil Nadu and has plans to expand its presence on PAN India basis.
- Established and proven track record.
- Leveraging the experience of our Promoters.
- Experienced management team and a motivated and efficient work force.
- Cordial relations with our customers.
- Quality Assurance & Control.
