Sylvan Plyboard IPO Details: The Sylvan Plyboard IPO is scheduled to open on June 24 and close on June 26. This NSE SME IPO aims to raise ₹28.05 crores, with shares priced at ₹55 each and a minimum lot size of 2000 shares.
Established in 2002, Sylvan Plyboard specializes in manufacturing a variety of wood products, including plywood, block board, flush doors, veneer, and sawn timber in diverse grades and thicknesses. In 2004, the company expanded its expertise by acquiring the business of M/s. Singh Brothers & Co. Over time, Sylvan Plyboard transitioned from timber trading to manufacturing, setting up an integrated facility in Baidyabati, West Bengal, near Kolkata, which spans approximately 11.61 acres (5,05,732 sq. ft.).
Committed to innovation and market leadership, Sylvan Plyboard continually enhances its product range. Their offerings include:
- Plywood, Block Boards & Flush Doors
- Veneer
- Sawn Timber
The company distributes its products under the “Sylvan” brand through a network of 223 authorized dealers across 13 states. They offer over 12 types of plywood products, with thicknesses ranging from 4 mm to 40 mm. The plywood segment, including block boards and flush doors, accounts for approximately 81.74% of their revenue. Sylvan Plyboard caters to a broad customer base with products like “Sylvan Z+ Premium Plus” for the premium market, “Robusta Premium” and “Primo Plus” for the mid-range market, and “Sylvan Blu” for the budget-conscious segment. They also provide specialized plywood such as Boiling Water Proof (BWP) and Boiling Water Resistant (BWR) variants, addressing the needs of diverse customers across various segments.
Sylvan Plyboard IPO Objectives:
The Objects of the Issue are:
- Funding Capital Expenditure towards the purchase of additional plant and machinery
- To meet the Working Capital Requirements
- To meet the Issue Expenses
- General Corporate Purposes
Sylvan Plyboard IPO Review (Apply or Not)
- Update Soon!
Sylvan Plyboard IPO Date & Price Band Details:
| IPO Open: | June 24, 2024 |
| IPO Close: | June 26, 2024 |
| IPO Size: | Approx ₹28.05 Crores, 51,00,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹55 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 50% of the net offer |
| QIB Quota: | [.]% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Sylvan Plyboard IPO Lot Size:
The Sylvan Plyboard IPO has set a minimum market lot of 2000 shares, requiring an application amount of ₹110,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2000 | ₹110,000 |
| Retail Maximum | 1 | 2000 | ₹110,000 |
| S-HNI Minimum | 2 | 4000 | ₹220,000 |
Sylvan Plyboard IPO Timeline:
The Sylvan Plyboard IPO will open on June 24 and close on June 26. The allotment date is set for June 27, and the IPO is expected to be listed on July 1.
| IPO Open Date: | June 24, 2024 |
| IPO Close Date: | June 26, 2024 |
| Basis of Allotment: | June 27, 2024 |
| Refunds: | June 28, 2024 |
| Credit to Demat Account: | June 28, 2024 |
| IPO Listing Date: | July 1, 2024 |
Sylvan Plyboard IPO GMP Today:
The Grey Market Premium (GMP) for the Sylvan Plyboard SME IPO has not started yet. We update the GMP information daily, so please visit us again soon for the latest updates.
Sylvan Plyboard Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹110.29 | ₹109.78 | ₹0.37 |
| 2022 | ₹172.93 | ₹168.10 | ₹3.05 |
| 2023 | ₹199.15 | ₹194.54 | ₹3.53 |
| Dec 2023 | ₹161.93 | ₹155.41 | ₹4.48 |
Sylvan Plyboard IPO Valuation – FY2023
Check Sylvan Plyboard IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹2.53 per Equity Share |
| Price/Earning P/E Ratio: | 21.74 |
| Return on Net Worth (RoNW): | 4.00% |
| Net Asset Value (NAV): | ₹63.19 per Equity Share |
Peer Group
- Archidply Industries Limited
- Duroply Industries Limited
- The Western India Plywoods Limited
Company Promoters
- Mr. Anand Kumar Singh
- M/s. Singh Suppliers Private Limited
Sylvan Plyboard IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Sylvan Plyboard IPO Allotment Status
Check Sylvan Plyboard IPO allotment status on Bigshare website URL. Click Here
Sylvan Plyboard IPO Lead Managers aka Merchant Bankers
- Finshore Management Services Limited
Company Address
Sylvan Plyboard (India) Limited
Adventz Infinity@5, Block-BN5, Office No. 802,
Sector-V, Salt Lake, Kolkata – 700091, West Bengal
Phone: +91 33 4801 7916
E-mail: cs@sylvanply.com
Website: www.sylvanply.com
Sylvan Plyboard IPO FAQs
1. What is the IPO date for Sylvan Plyboard?
- The Sylvan Plyboard IPO opens on June 24 and closes on June 26, [year].
2. What is the price band of the Sylvan Plyboard IPO?
- The price band for the Sylvan Plyboard IPO is fixed at ₹55 per share.
3. What is the minimum market lot size for the Sylvan Plyboard IPO?
- The minimum market lot size for the Sylvan Plyboard IPO is 2000 shares.
4. How much capital does Sylvan Plyboard aim to raise through its IPO?
- Sylvan Plyboard intends to raise ₹28.05 crores via its IPO.
5. Where can I apply for the Sylvan Plyboard IPO?
- You can apply for the Sylvan Plyboard IPO through your preferred stockbroker using the ASBA (Applications Supported by Blocked Amount) process.
6. What is the expected listing date of Sylvan Plyboard on the stock exchange?
- The IPO allotment date is June 27, and Sylvan Plyboard is expected to be listed on July 1, [year].
7. What does Sylvan Plyboard manufacture?
- Sylvan Plyboard is engaged in the manufacturing of various wood products such as plywood, block board, flush door, veneer, and sawn timber.
8. Where is Sylvan Plyboard located and what is its manufacturing capacity?
- Sylvan Plyboard’s manufacturing facility is located in Baidyabati, West Bengal, near Kolkata, spread over approximately 11.61 acres.
9. How can I track the Grey Market Premium (GMP) for Sylvan Plyboard IPO?
- The Grey Market Premium (GMP) for Sylvan Plyboard IPO updates regularly. Please check reliable financial news sources or visit our website for the latest updates.
10. What are the key products and brands offered by Sylvan Plyboard?
- Sylvan Plyboard markets its products under the brand name “Sylvan” and offers a range of plywood products including “Sylvan Z+ Premium Plus,” “Robusta Premium,” “Primo Plus,” and “Sylvan Blu,” catering to different market segments.
