Solve Plastic Products Limited
NNSE:BALCO17.10
INR
-0.90
(-5.00%)
Solve Plastic Products Limited
NSE:BALCO
(National Stock Exchange of India)
Recent
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17.10
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ROIC.AI
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in mil. unless spec.- Similar Companies
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- Solve Plastic Products Limited is an India-based manufacturer and distributor of plastic piping systems, electrical conduits, and related plumbing accessories. The company engages in the design, extrusion, and commercialization of a comprehensive range of polyvinyl chloride (PVC) products marketed primarily under the flagship brand name BALCO. Its core product portfolio comprises unplasticized polyvinyl chloride (uPVC) pipes designed for agricultural irrigation, potable water supply, borewells, and drainage systems; rigid PVC electrical conduit pipes and specialized fittings engineered for electrical wiring protection and structural cable management; chlorinated polyvinyl chloride (CPVC) and high-density plumbing pipes along with companion pipe fittings for residential, commercial, and industrial construction; PVC solvent cement and specialized adhesive bonding agents; and molded plastic sanitary accessories and water management fixtures. Solve Plastic Products Limited serves a diversified customer base spanning the agricultural, residential real estate, commercial building, electrical installation, and infrastructure development sectors through an extensive dealer, distributor, and retail network. Headquartered in Kollam, Kerala, India, the business was established in 1994 and maintains multiple automated manufacturing facilities situated across the states of Kerala and Tamil Nadu. In recent corporate developments, Solve Plastic Products Limited completed an Initial Public Offering (IPO) and listed its equity shares on the National Stock Exchange of India (NSE Emerge platform) to finance capital expenditure programs, augment working capital, and support strategic growth initiatives. Prior to the listing, the enterprise executed a corporate reorganization, converting from a private entity into a public limited company under its present corporate identity. Over the past two years, the company has undertaken operational expansions by upgrading its manufacturing infrastructure with high-efficiency extrusion machinery, introducing newly engineered fire-retardant electrical conduit variants, and broadening its geographic footprint from its foundational Kerala market into high-growth regional territories across Tamil Nadu and Karnataka.