Sylvan Plyboard (India) Ltd is engaged in the manufacturing of various wood products such as plywood, block board, flush door, veneer and sawn timber across various grades and thicknesses. The company has 223 Authorized Dealers present across 13 states.
The product range of the company consists of the following:
- Plywood, Block Boards & Flush Doors
- Veneer
- Sawn Timber
The company’s products meet the quality standards of the Bureau of Indian Standards (BIS), including IS 303:1989, IS 710:2010, IS 2202:1999, IS 1659:2004, IS 5509:2021, and IS 10701:2012. The company has also received ISO 9001:2015 (Quality Management System), ISO 14001:2015 (Environmental Management System), and ISO 45001:2018 (Occupational Health & Safety Management System) certifications for manufacturing and supplying Venner, Plywood, Block Board, and Flush Door.
The products are supplied to industries such as shipping, construction, real estate, interior decor, furniture, aviation, education, hospital, transport, banking, and government projects where plywood is needed for commercial and residential infrastructure.
The manufacturing facility of the company is situated in Hooghly, West Bengal. As of June 2024, the company has a total of 817 employees at various departments.
Sylvan Plyboard IPO – Details
| IPO Opening Date | 24 June 2024 |
| IPO Closing Date | 26 June 2024 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | Total Issue Size: 51,00,000 Shares Worth ₹28.05 Crore Fresh Issue: 51,00,000 Shares Worth ₹28.05 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹55 |
| Market Lot | 2000 Shares |
| Min Order | 2000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Pvt Ltd |
| Retail Shares Offered | 50% |
| Other Shares Offered | 50% |
Sylvan Plyboard IPO – Date Schedule
| IPO Open Date | 24 June 2024 |
| IPO Close Date | 26 June 2024 |
| Basis of Allotment | 27 June 2024 |
| Initiation of Refund | 28 June 2024 |
| Credit of Shares to Demat Account | 28 June 2024 |
| IPO Listing Date | 01 July 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 26, 2024 |
Sylvan Plyboard IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 2000 | ₹1,10,000 |
| Retail (Maximum) | 1 | 2000 | ₹1,10,000 |
| HNI (Minimum) | 2 | 4000 | ₹2,20,000 |
Competitive Strengths
- Established and proven track record;
- Leveraging the experience of its Promoters;
- Experienced management team and a motivated and efficient work force;
- Cordial relations with its customers;
- Quality Assurance & Control.
Company Promoters
- M/s. Singh Suppliers Private Limited
- Mr Anand Kumar Singh
- Mr Jai Prakash Singh
- Mrs Shakuntala Singh
- Mrs Kalyani Singh
Object Of The 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.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 110.28 | 109.78 | 0.37 | 47.01 |
| 31 March 2022 | 172.92 | 168.99 | 3.05 | 45.79 |
| 31 March 2023 | 199.15 | 194.54 | 3.52 | 55.00 |
| 31 December 2023 | 161.93 | 155.41 | 4.47 | 64.54 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 4.90% |
| ROCE | 7.56% |
| Debt/Equity | 0.68 |
| RoNW | 4.74% |
| P/BV | 0.83 |
| PAT Margin (%) | 2.77 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 2.47 | 3.08 |
| P/E (x) | 22.25 | 17.84 |
Sylvan Plyboard IPO Promoter Holding
| Pre Issue Share Holding | 99.80% |
| Post Issue Share Holding | 71.23% |
Sylvan Plyboard IPO Prospectus
Company Contact Information
| 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/ |
Sylvan Plyboard IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Sylvan Plyboard IPO Lead Manager(s)
| 1. Finshore Management Services Limited |
Sylvan Plyboard IPO FAQs
| What is Sylvan Plyboard IPO? Sylvan Plyboard IPO is a SME IPO. The issue is priced at ₹55 per equity share. The IPO is to be listed on NSE SME. |
| When Sylvan Plyboard IPO will open? The IPO is to open on 24 June 2024 for Retails – 50% and Others – 50% Investors. |
| How to Sylvan Plyboard IPO? You can apply for Sylvan Plyboard IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Sylvan Plyboard IPO through 5 Paisa? Log in to the 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Sylvan Plyboard”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with 5 Paisa. |
| How to Apply the Sylvan Plyboard IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Sylvan Plyboard”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Sylvan Plyboard IPO Size? Sylvan Plyboard IPO size is ₹64.32 crores. |
| What is Sylvan Plyboard IPO Price Band? Sylvan Plyboard IPO Price Band is ₹55. |
| What is Sylvan Plyboard IPO Minimum and Maximum Lot Size? The minimum bid is 2000 Shares with ₹1,10,000 amount while the maximum bid is 2000 shares with ₹1,10,000. |
| What is the Sylvan Plyboard IPO Allotment Date? Sylvan Plyboard IPO allotment date is 27 June 2024. |
| What is the Sylvan Plyboard IPO Listing Date? Sylvan Plyboard IPO listing date is 01 July 2024. The IPO is to list on NSE SME. |
