About Solve Plastic Products Ltd
Data last updated: 15 July 2026
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 U25209KL1994PLC008231. 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: 29 September 2025. Financial statements filed for year ended 31 March 2025. 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 ₹16.14 Cr and satisfied charges of ₹14.45 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.
-
EmailLocked
-
TelephoneLocked
-
Website
-
Social Media
-
Registered AddressDoor No Xiii/690/Abctholicode Punalur, Kollam, Kerala, India – 691333
-
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 | Locked |
Business activity turnover details for Solve Plastic Products Ltd
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Solve Plastic Products Ltd
Solve Plastic Products Ltd is audited by RANJITH KARTHIKEYAN ASSOCIATES LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RANJITH KARTHIKEYAN ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history for Solve Plastic Products Ltd
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Solve Plastic Products Ltd
Solve Plastic Products Ltd is currently managed by 6 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 | Director | 06 Jan 2024 | 2 Years 6 Months | Current |
|
Deepthi Santhakumary
Also directs:
Solve Plastic Products Ltd, Vivarta Systems Private Limited
|
Director | 06 Jan 2024 | 2 Years 6 Months | Current |
|
Sudheer Kumar Balakrishnan Nair
Also directs:
G B N Associates Llp, Solve Plastic Products Ltd, Shri Govinda Agri Business Private Limited and 3 more
|
Managing Director | 04 Oct 1994 | 31 Years 9 Months | Current |
|
Susil Balakrishnan Nair
Also directs:
Solve Plastic Products Ltd, Balco Nidhi Limited
|
Whole-Time Director | 04 Oct 1994 | 31 Years 9 Months | Current |
|
Suresh K Pillai
Also directs:
Solve Plastic Products Ltd
|
Director | 12 Mar 2024 | 2 Years 4 Months | Current |
|
Balakrishnan Nair
Also directs:
Solve Plastic Products Ltd, Balco Nidhi Limited
|
Director | 15 Feb 2006 | 20 Years 5 Months | Current |
Financials of Solve Plastic Products Ltd FY 2025 filings available
Solve Plastic Products Ltd reported revenue of ₹41.84 Cr (down 11.00% YoY) for FY 2025.
Ten-year financial statements for Solve Plastic Products Ltd
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Solve Plastic Products Ltd
Shareholding and ownership data for Solve Plastic Products Ltd
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Solve Plastic Products Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Jun 2026 | State Bank of India | ₹1.55 Cr | Open |
| 06 May 2026 | State Bank of India | ₹2.5 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 |
Total charge records: 25 View all charges
Employees and EPFO Compliance at Solve Plastic Products Ltd
Solve Plastic Products Ltd has a workforce of 153 employees as of Apr 06, 2024.
Employee and EPFO history for Solve Plastic Products Ltd
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Solve Plastic Products Ltd
GST registrations and filing compliance for Solve Plastic Products Ltd
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Solve Plastic Products Ltd
Credit ratings, litigation, and regulatory alerts for Solve Plastic Products Ltd
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Solve Plastic Products Ltd
MSME payment history for Solve Plastic Products Ltd
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Solve Plastic Products Ltd
Corporate group structure for Solve Plastic Products Ltd
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Solve Plastic Products Ltd
MCA filings and documents for Solve Plastic Products Ltd
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
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 - Director
- Deepthi Santhakumary - Director
- Sudheer Kumar Balakrishnan Nair - Managing Director
- Susil Balakrishnan Nair - Whole-Time Director
- Suresh K Pillai - Director
- Balakrishnan Nair - Director
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.