Sylvan Plyboard IPO Details ( Sylvan Plyboard (India) Limited IPO Review )
(24 June 2024 – 26 June 2024)
Established in 2002, Sylvan Plyboard (India) Ltd specializes in manufacturing a variety of wood products, including plywood, block boards, flush doors, veneers, and sawn timber. The company operates with a network of 223 Authorized Dealers across 13 states.
Product Range:
- Plywood, Block Boards, and Flush Doors
- Veneers
- Sawn Timber
Quality Standards and Certifications:
Sylvan Plyboard products adhere to the Bureau of Indian Standards (BIS), covering IS 303:1989, IS 710:2010, IS 2202:1999, IS 1659:2004, IS 5509:2021, and IS 10701:2012. The company also holds certifications for:
- ISO 9001:2015 (Quality Management System)
- ISO 14001:2015 (Environmental Management System)
- ISO 45001:2018 (Occupational Health & Safety Management System)
Manufacturing Facility:
The company’s manufacturing facility is located in Hooghly, West Bengal.
Industries Served:
Sylvan Plyboard supplies its products to a wide range of industries, including:
- Shipping
- Construction
- Real Estate
- Interior Decor
- Furniture
- Aviation
- Education
- Hospitals
- Transport
- Banking
- Government Projects
These products are used for both commercial and residential infrastructure needs.
Workforce:
As of June 2024, Sylvan Plyboard employs 817 people across various departments.
Sylvan Plyboard India Limited IPO Competitive Strength
- Brand Recognition
- Wide dealers’ network
- Large & Integrated manufacturing facility
- Locational Advantage
- Entry barrier
Sylvan Plyboard IPO Financials Performance ( Results )
Sylvan Plyboard (India) Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | Net Worth | Reserves | Borrowing |
| 31-Mar-21 | 16,550.83 | 11,028.91 | 37.09 | 7,977.95 | 7,068.74 | 4,701.16 |
| 31-Mar-22 | 18,142.32 | 17,292.63 | 305.31 | 8,283.26 | 7,374.05 | 4,579.24 |
| 31-Mar-23 | 20,398.47 | 19,915.32 | 352.85 | 8,811.78 | 7,882.14 | 5,500.55 |
| 31-Dec-23 | 21,726.74 | 16,193.24 | 447.98 | 9,456.77 | 8,029.28 | 6,454.53 |
Objective of Sylvan Plyboard IPO Issue
- 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 Basic Details
| IPO Date | June 24, 2024 to June 26, 2024 |
| Listing Date | Monday, June 1, 2024 |
| Face Value | ₹10 per share |
| Price | ₹55 per share |
| Lot Size | 2000 shares |
| Issue Size | 5,100,000 shares (aggregating up to ₹28.05 Cr) |
| Fresh Issue | 5,100,000 shares (aggregating up to ₹28.05 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 14,274,830 |
| Share holding post issue | 19,374,830 |
| Company Promoters | M/s. Singh Suppliers Private Limited, Mr Anand Kumar Singh, Mr Jai Prakash Singh, Mrs Shakuntala Singh and Mrs Kalyani Singh |
Sylvan Plyboard IPO Reservation
| Market Maker Shares Offered | 5.02% of the Net Issue |
| Other Shares Offered | 47.49% of the Net Issue |
| Retail Shares Offered | 47.49% of the Net Issue |
| Total Shares Offered | 100.00% of the Net Issue |
Sylvan Plyboard India IPO Timetable
Sylvan Plyboard India IPO will open on June 24, 2024 and close on June 26, 2024. You can join Sylvan Plyboard India IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 24 June 2024 (Monday) |
| Closing Date | 26 June 2024 (Wednesday) |
| Basis of Allotment | 27 June 2024 (Thursday) |
| Initiation of Refunds | 28 June 2024 (Friday) |
| Credit of Shares to Demat | 28 June 2024 (Friday) |
| Listing Date | 1 July 2024 (Monday) |
| Deadline for UPI mandate confirmation | 5 PM on 26 June 2024 |
Sylvan IPO Lot Size
For retail investors in Sylvan IPO, 2000 shares will come in 1 lot or the minimum investment will be ₹110,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹110,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 2000 | ₹110,000 |
| Retail (Max) | 1 | 2000 | ₹110,000 |
| S-HNI (Min) | 2 | 4000 | ₹220,000 |
Sylvan Plyboard IPO Promoter Holding
The company’s promoters include M/s. Singh Suppliers Private Limited, Mr Anand Kumar Singh, Mr Jai Prakash Singh, Mrs Shakuntala Singh and Mrs Kalyani Singh.
| Pre Issue Share Holding | 99.80% |
| Post Issue Share Holding | 71.23% |
Sylvan Plyboard India Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 106.56 |
| Earning Per Share (EPS) | ₹3.80 per Equity Share |
| Net Asset Value (NAV) | ₹94.79 per Equity Share |
| P/E Ratio (P/E) (x) | 22.25 |
| Post P/E Ratio (P/E) (x) | 17.84 |
| Return on Net Worth (RoNW) (%) | 4.74 |
| Return on equity (ROE) (%) | 4.90 |
| Return on Capital Employed (ROCE) (%) | 7.56 |
| Debt/Equity Ratio | 0.68 |
| Price/Book Value Ratio | 0.83 |
Sylvan Plyboard IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹30 | – | – |
| 25 June 2024 | ₹30 | – | – |
Sylvan Plyboard IPO Detail Video:
link
Sylvan Plyboard IPO Subscription Status (Bidding Detail)
The Sylvan Plyboard IPO on June 26, 2024 at 7:02:00 PM was subscribed 84.03 times, with the retail category being subscribed 84.11 times, the other category being subscribed 75.42 times.
| Category | Subscription |
| Other | 75.42x |
| Retail | 84.11x |
| Total | 84.03x |
Sylvan Plyboard IPO Prospectus
| Sylvan Plyboard IPO DRHP | Download |
| Sylvan Plyboard IPO RHP | Download |
| Sylvan Plyboard IPO Anchor Investors Details PDF | Download |
Sylvan Plyboard IPO Rating
| Our Rating | 3.5/5.0 |
Sylvan Plyboard Company Contact Information
Sylvan Plyboard (India) Limited
Registered Office: NH-2, Delhi Road, Champsara, Chinnamore, Baidyabati, Hooghly – 712222, West Bengal, India.
Corporate Office: Adventz Infinity@5, Block-BN5, Office No. 802, Sector-V, Salt Lake, Kolkata – 700091, West Bengal, India.
Contact Person: Mr. Rajneesh Mishra, Company Secretary & Compliance Officer
Tel No: +91 33 4801 7916
E-Mail ID: cs@sylvanply.com
Website: www.sylvanply.com
CIN: U51431WB2002PLC095027
Our Promoters: (I) Mr. Anand Kumar Singh; (Ii) Mr. Jai Prakash Singh, (Iii) Mrs. Shakuntala Singh, (Iv) Mrs. Kalyani Singh and (Ii) M/s. Singh Suppliers Private Limited
Sylvan Plyboard IPO Registrar
Bigshare Services Private Limited
Registered Office: Office No S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East), Mumbai – 400093
Telephone: 022-62638200
E-mail: ipo@bigshareonline.com;
Contact Person: Mr. Sagar Pathare
Website: www.bigshareonline.com
Investor Grievance Email: investor@bigshareonline.com
SEBI Registration No: INR000001385
CIN No: U99999MH1994PTC076534
Sylvan Plyboard IPO Lead Manager
Finshore Management Services Limited
Registered Office: Anandlok Building, Block-A, 2nd Floor, Room No. 207, 227 A.J.C Bose Road, Kolkata-700020, West Bengal, India
Telephone: 033 – 2289 5101 / 4603 2561
Email: info@finshoregroup.com
Contact Person: Mr. S. Ramakrishna Iyengar
Website: www.finshoregroup.com
Investor Grievance Email: investors@finshoregroup.com
SEBI Registration No: INM000012185
CIN No: U74900WB2011PLC169377
Sylvan Plyboard IPO FAQs
What is the lot size of Sylvan Plyboard IPO?
The total size of Sylvan Plyboard IPO is ₹28.05 crores and this is a complete fresh Issue.
When will Sylvan Plyboard IPO start?
Sylvan Plyboard IPO will open from 24 June 2024 and IPO will close on 26 June 2024.
What is the open date of Sylvan Plyboard IPO?
Sylvan Plyboard IPO will open date from 24 June 2024.
What is the last date ( close date ) of Sylvan Plyboard IPO?
Sylvan Plyboard IPO will close from 26 June 2024.
What is the price band of Sylvan Plyboard IPO?
Sylvan Plyboard IPO price band is ₹55.
What is the minimum amount required to apply for Sylvan Plyboard IPO?
The minimum investment for retailers to apply for Sylvan Plyboard IPO is ₹110,000 and the maximum investment is ₹110,000.
What is going on gray market premium of Sylvan Plyboard IPO?
View gray market premium of Sylvan Plyboard IPO by Clicking Here
How much is the GMP of Sylvan Plyboard IPO?
Watch Sylvan Plyboard IPO GMP Today: Click Here
What is the allotment date of Sylvan Plyboard IPO?
The allotment date of Sylvan Plyboard IPO is 27 June 2024.
How to check allotment status in Sylvan Plyboard IPO?
To check the allotment status of Sylvan Plyboard IPO, first of all go to the registrar website by clicking here, select your bad Sylvan Plyboard IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Sylvan Plyboard IPO?
The listing date of Sylvan Plyboard IPO is 1 July 2024.
How much will be the listing gain in Sylvan Plyboard IPO?
View listing gain of Sylvan Plyboard IPO by Clicking Here
How much time Sylvan Plyboard IPO is subscribed?
Total 84.03 times subscribed in Sylvan Plyboard IPO out of which 84.11 times subscription was done in retail quota, 75.42 times subscription in other quota.
How to apply for Sylvan Plyboard IPO from Upstox?
Click Here to see how to apply for Sylvan Plyboard IPO from Upstox. (step by step)
How to apply for Sylvan Plyboard IPO from Zerodha?
Click Here to see how to apply for Sylvan Plyboard IPO from Zerodha. (step by step)
How to apply for Sylvan Plyboard IPO from Angle One?
Click Here to see how to apply for Sylvan Plyboard IPO from Angle One. (step by step)
