Solve Plastic Products Profile
Key Indicators
- Authorised Capital ₹ 7.00 Cr
as on 23-10-2024
- Paid Up Capital ₹ 4.37 Cr
as on 23-10-2024
- Company Age 30 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 14.26 Cr
as on 23-10-2024
- Satisfied Charges ₹ 11.45 Cr
as on 23-10-2024
- Revenue 11.61%
(FY 2023)
- Profit 395.41%
(FY 2023)
- Ebitda 80.90%
(FY 2023)
- Net Worth 166.36%
(FY 2023)
- Total Assets 2.81%
(FY 2023)
About Solve Plastic Products
The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 4.37 Cr.
The company currently has active open charges totaling ₹14.26 Cr. The company has closed loans amounting to ₹11.45 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Solve Plastic Products Ltd India are Divya Ajnthakumari as COMPANY SECRETARY and Prasad Ppallil as Cfo. Keshav Mohan, Deepthi Santhakumary, Shankar Kumar, and Nine other members serve as directors at the Company.
- CIN/LLPIN
U25209KL1994PLC008231
- Company No.
008231
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
04 Oct 1994
- Date of AGM
16 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ernakulam
Industry
Company Details
- Location
Kollam, Kerala, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Solve Plastic Products Ltd offer?
Solve Plastic Products Ltd offers a wide range of products and services, including Electrical Conduits and Fittings, Conduit Pipes, PVC Pipe Fittings, PVC Fittings, Solvent Cements, PVC Pipes, Rigid PVC Pipes.
Who are the key members and board of directors at Solve Plastic Products?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sudheer Nair  | Managing Director | 04-Oct-1994 | Current |
| Divya Ajnthakumari | Company Secretary | 13-Mar-2024 | Current |
| Prasad Ppallil | CFO | 18-Jan-2024 | Current |
Board Members(11)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Keshav Mohan | Director | 18-Jan-2024 | Current |
| Deepthi Santhakumary | Director | 18-Jan-2024 | Current |
| Shankar Kumar | Director | 18-Jan-2024 | Current |
| Govind Vinodkumar | Director | 18-Jan-2024 | Current |
| Suresh Pillai | Director | 19-Mar-2024 | Current |
| Biju Nair | Director | 26-Mar-2024 | Current |
Financial Performance and Corporate Structure Insights of Solve Plastic Products.
Solve Plastic Products Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 11.61% increase. The company also saw a substantial improvement in profitability, with a 395.41% increase in profit. The company's net worth Soared by an impressive increase of 166.36%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Solve Plastic Products?
In 2023, Solve Plastic Products had a promoter holding of 66.80% and a public holding of 33.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
G B N Associates LlpActive 14 years 6 monthsKeshav Mohan, Sudheer Nair and 1 more are mutual person
- Vivarta Systems Private LimitedActive 8 years 8 months
Deepthi Santhakumary and Sudheer Nair are mutual person
- Sahya Samridhi Farmers Producer Company LimitedActive 3 years 5 months
Deepthi Santhakumary is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 27 Dec 2023 | ₹1.46 M | Open |
State Bank Of India Creation Date: 04 Jun 2020 | ₹1.63 Cr | Open |
State Bank Of India Creation Date: 13 Mar 2015 | ₹3.98 Cr | Open |
How Many Employees Work at Solve Plastic Products?
Solve Plastic Products has a workforce of 153 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Solve Plastic Products, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Solve Plastic Products's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
