Sylvan Plyboard (India) Ltd IPO

NSE SME

Listed On: Jul 1, 2024 at ₹ 66.0

₹ 110000 /2000 Shares

Check Allotment

Sylvan Plyboard (India) Ltd IPO Details

24 Jun, 2024

Open Date

26 Jun, 2024

Close Date

27 Jun, 2024

Allotment Date

01 Jul, 2024

Listing Date

Issue Price

₹55 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

66.0

Listing Date

2024-07-01

Market Lot

2000 Shares (₹110,000/-)

Lead Manager

Finshore Management Services Limited

Issue Size

5,100,000 shares(aggregating up to ₹28.05 Cr)

Retail Portion

50%

Subscription

79.82 times

IPO Docs

DRHP RHP

The IPO of Sylvan Plyboard (India) Ltd is priced at ₹55 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Bigshare Services Pvt Ltd is the registrar of the issue.

Sylvan Plyboard (India) Ltd IPO bid opening date is from Jun 24, 2024 and the bid closing date was Jun 26, 2024.
Sylvan Plyboard (India) Ltd IPO allotment result will be available on Jun 27, 2024. The tentative listing date for Sylvan Plyboard (India) Ltd is Jul 1, 2024.

The total issue size is 5,100,000 shares(aggregating up to ₹28.05 Cr).

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	2,422,000	2,422,000	4,844,000
Day 1 - 24-06-24 06:00 PM	0.93 x	2.72 x	2.07 x
Day 2 - 25-06-24 06:00 PM	3.45 x	14.73 x	9.33 x
Day 3 - 26-06-24 06:00 PM	75.52 x	84.11 x	79.82 x

Total No. of Applications: 1,01,854 (Approx)

Sylvan Plyboard (India) Ltd Valuations

EPS Pre IPO

₹2.47/-

EPS Post IPO

₹3.08/-

P/E Pre IPO

22.25

P/E Post IPO

17.84

ROE

4.90%

ROCE

7.56%

Debt/Equity

0.68

RoNW

4.74%

PAT Margin

2.77

Price to Book Value

0.83

Sylvan Plyboard (India) Ltd Company Financials All values are in ₹ Lakh

	31-Mar-23	31-Mar-22	31-Mar-21
Assets	20,398.47	18,142.32	16,550.83
Revenue	19,915.32	17,292.63	11,028.91
Profit After Tax	352.85	305.31	37.09
Net Worth	8,811.78	8,283.26	7,977.95
Reserves & Surplus	7,882.14	7,374.05	7,068.74
Total Borrowing	5,500.55	4,579.24	4,701.16

About The Company

Incorporated in 2002, Sylvan Plyboard (India) Ltd is involved in the production of various wood products like plywood, block board, flush door, veneer and sawn timber in various grades and thicknesses. The company has 223 Authorized Dealers spread across 13 states.

The product portfolio of the company includes the following:
Plywood, Block Boards & Flush Doors
Veneer
Sawn Timber

All of the company's products come under the quality standard of the Bureau of Indian Standards (BIS), which includes IS 303:1989, IS 710:2010, IS 2202:1999, IS 1659:2004, IS 5509:2021, and IS 10701:2012. ISO 9001:2015 (Quality Management System), ISO 14001:2015 (Environmental Management System), and ISO 45001:2018 (Occupational Health & Safety Management System) have also been certified for manufacturing and supplying Venner, Plywood, Block Board, and Flush Door.

The company's manufacturing facility is located in Hooghly, West Bengal.
The company provides its products to shipping, construction, real estate, interior decor, furniture, aviation, education, hospital, transport, banking, and government projects that require plywood for commercial and residential infrastructure.

As of June 2024, the company has a total of 817 employees in its departments.

Sylvan Plyboard (India) Ltd - Promoter(s)

Pre Issue Share Holding: 99.80%

Post Issue Share Holding: 71.23%

Company Promoter(s)

M/s. Singh Suppliers Private Limited
Mr Anand Kumar Singh
Mr Jai Prakash Singh
Mrs Shakuntala Singh
Mrs Kalyani Singh

Sylvan Plyboard (India) Ltd IPO - Issue Objectives

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

Other Details

Company Contact Details

Sylvan Plyboard (India) Ltd

NH-2, Delhi Road, Champsara, Chinnamore, Baidyabati Hooghly – 712222

Phone: +91 33 4801 7916

Email: cs@sylvanply.com

Website: http://www.sylvanply.com/

Registrar Contact Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: https://ipo.bigshareonline.com/ipo_status.html

Sylvan Plyboard (India) Ltd IPO - FAQs

Ans. Sylvan Plyboard (India) Ltd IPO is a SME IPO. The issue is priced at ₹55 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Jun 24, 2024, and closes on Jun 26, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Sylvan Plyboard (India) Ltd IPO opens on Jun 24, 2024 and closes on Jun 26, 2024.

Ans. The size of Sylvan Plyboard (India) Ltd IPO is 5,100,000 shares(aggregating up to ₹28.05 Cr).

Ans. The IPO price band is set between ₹55 per equity share.

Ans. To apply for Sylvan Plyboard (India) Ltd IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Sylvan Plyboard (India) Ltd IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Sylvan Plyboard (India) Ltd IPO is Jun 27, 2024.

Ans. The Sylvan Plyboard (India) Ltd IPO will be listed on Jul 1, 2024.

Ans. Follow the steps to check the allotment status for Sylvan Plyboard (India) Ltd IPO here.