About Solve Plastic Products Ltd
Data last updated: 22 December 2025
Solve Plastic Products Ltd is a public limited company based in Kollam, Kerala, India. It specialises in pipe and tubes, a part of the broader manufacturing sector. Incorporated on 04 October 1994, the company has been in operation for over 32 years.
Registered with ROC Ernakulam under CIN L25209KL1994PLC008231. Listed.
Capital: an authorised share capital of ₹7 Cr and a paid-up capital of ₹4.37 Cr. It is led by directors including Narayana Kurup Asokan and Deepthi Santhakumary.
Last AGM: 16 August 2024. Financial statements filed for year ended 31 March 2024. Office: Door No Xiii/690/Abctholicode Punalur, Kollam, Kerala, India – 691333.
As per the financials filed for FY 2025, the company reported a revenue of ₹41.84 Cr, a decline of 11% compared to the previous year.
The company has a workforce of approximately 153 employees as per the latest available data.
The company is associated with 1 brand - Balco Pipes. As per MCA filings, the company has open charges of ₹15.09 Cr and satisfied charges of ₹11.45 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website balcopipes.com.
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Registered AddressDoor No Xiii/690/Abctholicode Punalur, Kollam, Kerala, India – 691333
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IndustryManufacturing, Pipe & Tubes
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Solve Plastic Products Ltd
Solve Plastic Products Ltd has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L25209KL1994PLC008231, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L25209KL1994PLC008231 | Current |
| U25209KL1994PLC008231 | Previous |
| U25209KL1994PTC008231 | Previous |
Associated Brands with Solve Plastic Products Ltd
Solve Plastic Products Ltd operates one associated brand: Balco Pipes. These brands represent Solve Plastic Products Ltd's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of PVC and uPVC products | balcopipes.com |
Business Activity of Solve Plastic Products Ltd
Solve Plastic Products Ltd is engaged in the principal business activity of manufacturing, with detailed activities including plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | ********* |
Board of Directors of Solve Plastic Products Ltd
Solve Plastic Products Ltd is currently managed by 8 directors, with 9 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Narayana Kurup Asokan
Also directs:
T-Sanct Technologies Private Limited, Zenplus Private Limited
|
Director | 06 Jan 2024 | 2 Years 6 Months | Current |
|
Deepthi Santhakumary
Also directs:
Vivarta Systems Private Limited
|
Director | 06 Jan 2024 | 2 Years 6 Months | Current |
|
Sudheer Kumar Balakrishnan Nair
Also directs:
G B N Associates Llp, Shri Govinda Agri Business Private Limited, Heftybuzz Ventures Private Limited and 2 more
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Managing Director | 04 Oct 1994 | 31 Years 9 Months | Current |
|
Susil Balakrishnan Nair
Also directs:
Balco Nidhi Limited
|
Whole-Time Director | 04 Oct 1994 | 31 Years 9 Months | Current |
| Suresh K Pillai | Director | 12 Mar 2024 | 2 Years 3 Months | Current |
|
Balakrishnan Nair
Also directs:
Balco Nidhi Limited
|
Director | 15 Feb 2006 | 20 Years 4 Months | Current |
Financials of Solve Plastic Products Ltd FY 2024 filings available
Solve Plastic Products Ltd reported revenue of ₹41.84 Cr (down 11% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Charges & Borrowings of Solve Plastic Products Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Sep 2025 | State Bank of India | ₹3 Cr | Open |
| 13 May 2025 | The South Indian Bank Limited | ₹20.61 Lakh | Open |
| 27 Dec 2023 | Axis Bank Limited | ₹14.6 Lakh | Open |
| 04 Jun 2020 | State Bank of India | ₹67.54 Lakh | Open |
| 13 Mar 2015 | State Bank of India | ₹2.56 Cr | Open |
Total charge records: 23 View all charges
Employees and EPFO Compliance at Solve Plastic Products Ltd
View historical data on people associated with Solve Plastic Products Ltd, including employment history and EPFO contributions.
Employee Count & EPFO Data of Solve Plastic Products Ltd
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GST Compliance of Solve Plastic Products Ltd
GSTIN & GST Filing Data of Solve Plastic Products Ltd
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Credit Ratings, Litigation & Regulatory Alerts for Solve Plastic Products Ltd
Credit Ratings, Legal Cases & Regulatory Alerts of Solve Plastic Products Ltd
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MSME Payment Delays by Solve Plastic Products Ltd
MSME Payment Delays by Solve Plastic Products Ltd
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Solve Plastic Products Ltd
Subsidiaries & Group Companies of Solve Plastic Products Ltd
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MCA Filings & Documents of Solve Plastic Products Ltd
MCA Filings & Documents of Solve Plastic Products Ltd
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Recent Activity on Solve Plastic Products Ltd
Frequently Asked Questions about Solve Plastic Products Ltd
Solve Plastic Products Ltd is an active public limited company in the manufacturing sector based in Kollam, Kerala, India. It was incorporated on 04 October 1994 (32+ years old) and is registered under CIN L25209KL1994PLC008231. The company has 153 employees.
Solve Plastic Products Ltd reported revenue of ₹41.84 Cr for FY 2025 (down 11.00% YoY).
The current directors of Solve Plastic Products Ltd are:
- Narayana Kurup Asokan
- Deepthi Santhakumary
- Sudheer Kumar Balakrishnan Nair
- Susil Balakrishnan Nair
- Suresh K Pillai
- Balakrishnan Nair
- Divya Ajnthakumari
- Merlin Roy
The primary industry of Solve Plastic Products Ltd is manufacturing. The company specifically operates in pipe and tubes. The company is currently active in this sector.
Yes, Solve Plastic Products Ltd is a listed company.
Solve Plastic Products Ltd can be reached at the registered office: Door No Xiii690Abctholicode Punalur, Kollam, Kerala, India – 691333, or through the website balcopipes.com.