Closed
Solve Plastic Products Limited logo

Solve Plastic Products Limited IPO

SME IPOListedBALCONSE
Current Market Price (CMP)
₹17.10(-81.21%)
Current Price (CMP)
₹17.10(-81.21%)

Live Market Quote

Listing Price & Gain
₹102(+12.09%)

Day 1 Exchange Open

IPO Issue Price
₹91

Band: ₹91

Total Subscription
32.27x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
13 Aug 2024
IPO Bidding Closes
16 Aug 2024
Allotment & Refunds
Completed
Exchange Listing Day
21 Aug 2024

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 32.27x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)0x
Non-Institutional Investors (NII / HNI)0x
Retail Individual Investors (RII)0x
Total Subscription32.27x
Updated as on 16-Aug-2024 19:00:00

Listing Day & Return Performance

Listing Day Gain+12.09%
₹91 (Issue) → ₹102 (List)
Per share profit: +₹11.00
Holding Return (Till Date)-81.21%
₹91 (Issue) → ₹17.10 (CMP)
Net gain per share: ₹-73.90
Post-Listing Performance (Listing Day → Today):-83.24%

About Solve Plastic Products Limited IPO

Solve Plastic Products Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 13 Aug 2024 and concluded on 16 Aug 2024, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹91.

During the bidding window, Solve Plastic Products Limited witnessed heavy demand with an overall subscription of 32.27 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.

The equity shares of Solve Plastic Products Limited officially debuted on the stock exchanges on 21 Aug 2024 at an opening listing price of ₹102, delivering a listing day return of +12.09% (premium) over the final issue price. As per the latest market data, the stock trades at ₹17.10, representing an overall decline of -81.21% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Solve Plastic Products Limited IPO?
The issue price of Solve Plastic Products Limited IPO was fixed at ₹91 per equity share. The indicative bidding price band was ₹91.
What were the open, close, and listing dates for Solve Plastic Products Limited IPO?
Solve Plastic Products Limited IPO opened on 13 Aug 2024, closed on 16 Aug 2024, listed on 21 Aug 2024.
How much was Solve Plastic Products Limited IPO subscribed?
The IPO received an overall subscription of 32.27 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Solve Plastic Products Limited IPO?
Solve Plastic Products Limited IPO listed on the stock exchange at ₹102, delivering a listing gain of 12.09% compared to the IPO issue price of ₹91.
Is Solve Plastic Products Limited IPO a Mainboard or SME IPO?
Solve Plastic Products Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Solve Plastic Products Limited IPO since its IPO?
At the latest market quote of ₹17.10, Solve Plastic Products Limited IPO has generated an all-time return of -81.21% since its initial public offering.

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