Solve Plastic Products Ltd - Company overview

Solve Plastic Products Ltd is a listed public limited company, first registered with ROC Ernakulam on 4 October 1994.

1994-10-04 Kollam, Kerala Active Listed Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹50–100 Cr
▲ 11.6%
FY 2023
PROFIT / LOSS
₹1–5 Cr
▲ 395.4%
FY 2023
EBITDA
₹1–5 Cr
▲ 53.8%
FY 2023
NET WORTH
₹1–5 Cr
▲ 166.4%
FY 2023
TOTAL ASSETS
₹10–25 Cr
▲ 2.8%
FY 2023
EMPLOYEE COUNT
151–160
OPEN CHARGES
7
2.81 cr
PAID-UP CAPITAL
4.37 cr
AUTHORISED CAPITAL
7.00 cr
COMPANY AGE
32 Years 1 Months
since 1994-10-04
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-29
ACTIVE GST
3
Updated: 2025-07-01 20:03:46
TOTAL MONEY RAISED
₹1–5 Cr
SATISFIED CHARGES
18
11.45 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Solve Plastic Products Ltd covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Low risk
81/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (74), financial health (80), director (80) and company-foundation signals.
  • Operating for 32+ years.
Compliance Score Moderate
74/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Low risk
80/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2023.
  • Positive net worth.
Director Risk Score Low risk
80/100
Board strength, DIN status and churn.
  • 8 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Solve Plastic Products Ltd Company identity, industry, contact, and registration details from MCA and company records.

Solve Plastic Products Ltd is a listed public limited company, first registered with ROC Ernakulam on 4 October 1994. The registered office is at Door No Xiii/690/Abctholicode Punalur, Kollam, Kerala.

In its MCA filings the main business is listed as plastic products, non-metallic mineral products, rubber products, fabricated metal products, which made up 100% of turnover.

It has eight directors: Narayana Kurup Asokan, Deepthi Santhakumary, Sudheer Kumar Balakrishnan Nair and 5 others. The longest-serving is Sudheer Kumar Balakrishnan Nair, on the board since 1994; the most recent to join is Merlin Roy, appointed in September 2025. Sudheer Kumar Balakrishnan Nair is the managing director. Six former directors are on record; the most recent to leave was Aravind Sudheer Kumar in August 2025. Between them, the directors also sit on the boards of 9 other companies, including Vivarta Systems Private Limited and Bhu Mitra Constructions Private Limited.

₹4.37 crore of its ₹7 crore authorised capital is paid up (about 62%). Its latest balance sheet on MCA is for the year ending 31 March 2025, and the last AGM was on 29 September 2025. Seven charges (secured loans) are still open, with State Bank Of India and The South Indian Bank Limited among the lenders, and 18 more have been paid off.

Manufacturing ••••••••
  • Location Door No Xiii/690/Abctholicode Punalur, Kollam, Kerala - 691333
  • Website balcopipes.com
LinkedIn Facebook Twitter YouTube Instagram
Legal NameSolve Plastic Products Ltd
CIN / LLPINL25209KL1994PLC008231
Company No.008231
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1994-10-04
Date of AGM2025-09-29
Date of Balance Sheet2025-03-31
Listing StatusListed
ROC CodeRoc Ernakulam
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Solve Plastic Products Ltd (8) Current board members from MCA filings, including designation and appointment details.

N
Narayana Kurup Asokan
Director | Since 2024-01-06 | DIN: 01348861
D
Deepthi Santhakumary
Director | Since 2024-01-06 | DIN: 08592096
S
Sudheer Kumar Balakrishnan Nair
Managing Director | Since 1994-10-04 | DIN: 00858893
S
Susil Balakrishnan Nair
Whole-time director | Since 1994-10-04 | DIN: 00949872
S
Suresh K Pillai
Director | Since 2024-03-12 | DIN: 10512257
B
Balakrishnan Nair
Director | Since 2006-02-15 | DIN: 02449135

Financial Performance of Solve Plastic Products Ltd Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2023
Revenue ₹50–100 Cr ▲ 11.6%
P&L ₹1–5 Cr ▲ 395.4%
EBITDA ₹1–5 Cr ▲ 53.8%
Net worth ₹1–5 Cr ▲ 166.4%

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Charges of Solve Plastic Products Ltd Open and satisfied charges registered against the company with MCA.

State Bank Of India : 7.05 cr
The South Indian Bank Limited : 20.61 Lakh
Axis Bank Limited : 14.60 Lakh
Open Charges: 7 Satisfied Charges: 18
Open 2.81 cr
Satisfied 11.45 cr
LenderAmountStatus
State Bank Of India
Creation Date: 08 Jun 2026
 1.55 cr Open
State Bank Of India
Creation Date: 06 May 2026
 2.50 cr Open
State Bank Of India
Creation Date: 29 Sep 2025
 3.00 cr Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
ManufacturingPlastic products, non-metallic mineral products, rubber products, fabricated metal products100

Companies With Common Directors Of Solve Plastic Products Ltd Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Vivarta Systems Private Limited 2 Shared Directors
Bhu Mitra Constructions Private Limited 1 Shared Director
G B N Associates Llp 1 Shared Director
Heftybuzz Ventures Private Limited 1 Shared Director
Prudent And Laureate Consultants Private Limited 1 Shared Director
Shri Govinda Agri Business Private Limited 1 Shared Director
Transcend Builders Private Limited 1 Shared Director
T-Sanct Technologies Private Limited 1 Shared Director
Zenplus Private Limited 1 Shared Director

Financial Ratios of Solve Plastic Products Ltd Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

9 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Solve Plastic Products Ltd Ownership and contribution detail from filings. Full breakdown unlocks with your report.

8 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Solve Plastic Products Ltd EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Solve Plastic Products Ltd GST registrations and filing status by state. Full compliance detail unlocks with your report.

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

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Credit Ratings, Litigation & Regulatory Alerts for Solve Plastic Products Ltd Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Solve Plastic Products Ltd MSME supplier payment delays and filing history. Full amounts unlock with your report.

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

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MCA Filings & Documents of Solve Plastic Products Ltd Official MCA forms, returns, and filing index. Document access unlocks with your report.

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Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Solve Plastic Products Ltd Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Solve Plastic Products Ltd?
MCA does not publish an "owner" field. Solve Plastic Products Ltd is run by its directors, Narayana Kurup Asokan, Deepthi Santhakumary, Sudheer Kumar Balakrishnan Nair and five others, with Sudheer Kumar Balakrishnan Nair as managing director. It is owned by its shareholders, and the promoter holding is in the shareholding pattern it files with the stock exchanges.
Who are the current board members and directors of Solve Plastic Products Ltd?
Solve Plastic Products Ltd has eight current directors: Narayana Kurup Asokan (since January 2024), Deepthi Santhakumary (since January 2024), Sudheer Kumar Balakrishnan Nair (since October 1994), Susil Balakrishnan Nair (since October 1994), Suresh K Pillai (since March 2024) and Balakrishnan Nair (since February 2006), plus 2 more. Sudheer Kumar Balakrishnan Nair is the managing director.
What is CIN of Solve Plastic Products Ltd?
The CIN of Solve Plastic Products Ltd is L25209KL1994PLC008231. Reading it left to right: L means it is listed, 25209 is the industry code it registered under, KL is Kerala, 1994 is the year it was registered, PLC is the company type and 008231 is its registration number.
When was Solve Plastic Products Ltd incorporated?
Solve Plastic Products Ltd was incorporated on 4 October 1994 with ROC Ernakulam. That makes it more than 32 years old.
What is the registered address of Solve Plastic Products Ltd?
The registered office on MCA records is Door No Xiii/690/Abctholicode Punalur, Kollam, Kerala - 691333.
What is the current status of Solve Plastic Products Ltd?
MCA shows Solve Plastic Products Ltd as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Solve Plastic Products Ltd?
You can post to its registered office at Door No Xiii/690/Abctholicode Punalur, Kollam, Kerala - 691333 and use its website, https://balcopipes.com.
What industry or business activity is Solve Plastic Products Ltd associated with?
Its MCA filings list the main business as plastic products, non-metallic mineral products, rubber products, fabricated metal products (100% of turnover).
What is paid-up capital and authorised share capital of Solve Plastic Products Ltd?
Paid-up capital is ₹4.37 crore and authorised capital is ₹7 crore, so about 62% of the authorised amount has been issued.
When did Solve Plastic Products Ltd last file accounts and hold an AGM?
The last AGM on record was on 29 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Solve Plastic Products Ltd?
Seven charges against Solve Plastic Products Ltd are still open and 18 have been satisfied. Lenders named in the filings include State Bank Of India, The South Indian Bank Limited and Axis Bank Limited.
Have any directors left Solve Plastic Products Ltd?
Yes, six former directors are on record. The most recent to leave were Aravind Sudheer Kumar (August 2025), Biju Divakaran Nair (August 2025) and Dineshchandran Sarojiniamma Ramachandran Nair (August 2025).
Which companies share directors with Solve Plastic Products Ltd?
9 companies share directors with Solve Plastic Products Ltd. Among them are Vivarta Systems Private Limited, Bhu Mitra Constructions Private Limited, G B N Associates LLP and 6 more.
What is the turnover or revenue of Solve Plastic Products Ltd?
Based on filed financial statements, the revenue of Solve Plastic Products Ltd for FY 2023 was in the ₹50–100 Cr range. That is up 11.6% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Solve Plastic Products Ltd?
For FY 2023, the net worth of Solve Plastic Products Ltd was in the ₹1–5 Cr range.
How can I get the financial details of Solve Plastic Products Ltd?
The latest accounts on record are for FY 2023. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Solve Plastic Products Ltd?
The website on record for Solve Plastic Products Ltd is https://balcopipes.com.
Which company owns balcopipes.com?
balcopipes.com is the website listed for Solve Plastic Products Ltd in its company records.
Is Solve Plastic Products Ltd registered with any stock exchange in India?
MCA marks it as a listed company.
Solve Plastic Products Ltd - is it listed or unlisted?
Solve Plastic Products Ltd is a listed company, and its CIN starts with L.
What is the ROC code of Solve Plastic Products Ltd?
Solve Plastic Products Ltd is registered with ROC Ernakulam.
What is the company classification of Solve Plastic Products Ltd?
MCA classifies Solve Plastic Products Ltd as: Public Limited Indian Non-Government Company.
Does Solve Plastic Products Ltd have GST registrations on file?
Yes, 3 active GST registrations are linked to Solve Plastic Products Ltd, usually one per state it operates in.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.