Solve Plastic Products Ltd - Company Profile

It is a manufacturing public limited company based in Kollam, Kerala, India, established in 1994.
1994 Kollam, Kerala, India Active
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About Solve Plastic Products Ltd

Solve Plastic Products Ltd, a active public limited company, was established on 04 October 1994 in Kollam, Kerala, India. Engaging in pipe & tubes within the manufacturing sector, it holds CIN: L25209KL1994PLC008231. Registered under ROC Roc Ernakulam. it is listed. It has an authorized capital of ₹7.00 Cr and a paid-up capital of ₹4.37 Cr.

It upholds a compliant status. In 2023, it reported revenue of ₹62.25 Cr and a net worth of ₹1.93 Cr. Employing 153 professional, Its leadership includes Narayana Kurup Asokan (Director), Deepthi Santhakumary (Director), Sudheer Kumar Balakrishnan Nair (Managing Director). Past directors included Keshav Mohan, Aravind Sudheer Kumar, Biju Divakaran Nair. It holds ₹15.09 Cr open charges and ₹11.45 Cr settled loans. Its latest AGM occurred on 16 August 2024, with the balance sheet filed on 31 March 2024. It is based at Door No Xiii/690/Abctholicode Punalur, Kollam, Kerala, 691333.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    L25209KL1994PLC008231

  • Registration Number

    008231

  • Incorporation Date

    04 October 1994

  • Authorized Capital

    ₹7.00 Cr

  • Paid-Up Capital

    ₹4.37 Cr

  • ROC Code

    Roc Ernakulam

  • Listing Status

    Listed

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 4.37 Cr
  • Company Age 31 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 15.09 Cr
  • Satisfied Charges ₹ 11.45 Cr
Company report

Solve Plastic Products Ltd

Company Report FY 2025-2026

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Explore comprehensive insights into Solve Plastic Products Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Solve Plastic Products Ltd?
Current Directors
Name Designation Appointment Date Status
Narayana Kurup Asokan Director 06 Jan 2024 Current
Deepthi Santhakumary Director 06 Jan 2024 Current
Sudheer Kumar Balakrishnan Nair Managing Director 04 Oct 1994 Current
Susil Balakrishnan Nair Whole-Time Director 04 Oct 1994 Current
Suresh K Pillai Director 12 Mar 2024 Current
Balakrishnan Nair Director 15 Feb 2006 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 11 Mar 2024 Past
Pramod Abcsdd Director 27 Aug 2025 Past
Pramod Abcsdd Director 27 Aug 2025 Past
Pramod Abcsdd Director 11 Mar 2024 Past
Pramod Abcsdd Director 01 Apr 2016 Past
Pramod Abcsdd Director 27 Aug 2025 Past

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Financial Performance of Solve Plastic Products.
Solve Plastic Products revenue growth over time
Solve Plastic Products profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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What is the Ownership and Shareholding Structure of Solve Plastic Products?

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Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹150,900,750.00

Satisfied Charges

₹114,509,113.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 14.74 Cr
  • The South Indian Bank Limited : 0.21 Cr
  • Axis Bank Limited : 0.15 Cr
Latest Charge Details
Date Lender Amount Status
29 Sep 2025 State Bank Of India ₹3.00 Cr Open
13 May 2025 The South Indian Bank Limited ₹2.06 M Open
27 Dec 2023 Axis Bank Limited ₹1.46 M Open
04 Jun 2020 State Bank Of India ₹6.75 M Open
13 Mar 2015 State Bank Of India ₹2.56 Cr Open

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How Many Employees Work at Solve Plastic Products?

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Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Solve Plastic Products
Recent Activity within the Organization
  • Charges

    The activity A charge with State Bank Of India amounted to Rs. 3.00 Cr with Charge ID 101172694 was registered on 29 Sep 2025. was completed.

  • Charges

    A charge with State Bank Of India of Rs. 0.68 Cr registered on 04 Jun 2020 with Charge ID 100345724 was modified on 29 Sep 2025. was recorded as a recent event.

  • Director Appointment

    Merlin Roy was appointed as a Cfo was appointed as a Cfo on 18 Sep 2025 & has been associated with this company since 4 months 21 days . was recorded as a recent event.

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 0.21 Cr with Charge ID 101101436 was registered on 13 May 2025. was recorded as a recent event.

  • Charges

    Progress on A charge with State Bank Of India of Rs. 2.56 Cr registered on 13 Mar 2015 with Charge ID 10560641 was modified on 10 Feb 2025. was documented.

  • Charges

    The activity A charge registered on 14 Jun 2019 via Charge ID 100268747 with Axis Bank Limited was fully satisfied on 27 Sep 2024. was completed.

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Frequently Asked Questions
What is the CIN of Solve Plastic Products Ltd?

The CIN of Solve Plastic Products Ltd is L25209KL1994PLC008231.

Where is Solve Plastic Products Ltd headquartered?

Solve Plastic Products Ltd is headquartered at Door No Xiii/690/Abctholicode Punalur, Kollam, Kerala, 691333.

When was Solve Plastic Products Ltd incorporated?

Solve Plastic Products Ltd was incorporated on 04 October 1994.

Who are the current directors of Solve Plastic Products Ltd?

The current directors of Solve Plastic Products Ltd are

What is the primary industry of Solve Plastic Products Ltd?

The primary industry of Solve Plastic Products Ltd is Manufacturing.

Is Solve Plastic Products Ltd a listed company?

Solve Plastic Products Ltd is listed.

What is the capital structure of Solve Plastic Products Ltd?

The authorized capital of Solve Plastic Products Ltd is ₹7.00 Cr, and the paid-up capital is ₹4.37 Cr.

What is the compliance status of Solve Plastic Products Ltd?

The compliance status of Solve Plastic Products Ltd is Compliant.

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