Solve Plastic Products Limited, established in 1994, is a prominent manufacturer of uPVC pipes and Rigid PVC electrical conduits, marketed under the brand name "BALCOPIPES." With three manufacturing units in Kerala and one in Tamil Nadu, the company has a robust production capacity. Their product range, which includes solvent cement, water tanks, garden hoses, and rigid PVC electrical cables, is widely recognized and approved by key authorities such as the Bureau of Indian Standards (BIS) and organizations like the Central Public Works Department (CPWD) in Chennai and Kochi, Military Engineer Services (MES), Integral Coach Factory, and Public Works Departments (PWD) of Kerala and Tamil Nadu, among others. Although Solve Plastic Products Limited primarily distributes its products within Kerala, its reputation for quality is well-established. The company employs a total of 165 individuals, excluding the managing directors, and continues to be a trusted name in the industry.

Legal Proceedings: The company, along with its directors, promoters, and group companies, is involved in certain legal proceedings. Any adverse outcomes could significantly impact its business operations, financial health, and overall results.

Expansion Challenges: The company faces potential risks if it fails to successfully implement its proposed expansion plans. Delays or setbacks in these plans could adversely affect its operational results and financial condition.

Procurement Delays: The company has yet to place orders for the machinery needed for the expansion of its manufacturing facility. Any delays in ordering or procuring this machinery could disrupt the expansion timeline, potentially leading to increased costs and delayed commencement of operations.