Sylvan Plyboard (India) Ltd IPO (Sylvan Plyboard IPO)

Sylvan Plyboard Limited IPO
Upcoming Sylvan Plyboard IPO | New Sylvan Plyboard IPO

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

Sylvan Plyboard IPO – Details

IPO Opening Date24 June 2024
IPO Closing Date26 June 2024
Issue TypeFixed Price Issue IPO
Issue SizeTotal 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 Lot2000 Shares
Min Order2000 Shares (1 Lot)
Listing AtNSE SME
RegisterBigshare Services Pvt Ltd
Retail Shares Offered50%
Other Shares Offered50%

Sylvan Plyboard IPO – Date Schedule

IPO Open Date24 June 2024
IPO Close Date26 June 2024
Basis of Allotment27 June 2024
Initiation of Refund28 June 2024
Credit of Shares to Demat Account28 June 2024
IPO Listing Date01 July 2024
Cut-off time for UPI mandate confirmation5 PM on June 26, 2024

Sylvan Plyboard IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)12000₹1,10,000
Retail (Maximum)12000₹1,10,000
HNI (Minimum)24000₹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.
Sylvan Plyboard IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 2021110.28109.780.3747.01
31 March 2022172.92168.993.0545.79
31 March 2023199.15194.543.5255.00
31 December 2023161.93155.414.4764.54
Amount in ₹ Crore

Key Performance Indicator

PAT Margin (%)2.77
EPS (Rs)2.473.08
P/E (x)22.2517.84

Sylvan Plyboard IPO Promoter Holding

Pre Issue Share Holding99.80%
Post Issue Share Holding71.23%

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

Sylvan Plyboard IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Sylvan Plyboard IPO Lead Manager(s)

1. Finshore Management Services Limited

Sylvan Plyboard IPO FAQs

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.
Share Market IPO App
Previous articleShivalic Power Control Limited IPO (Shivalic Power Control IPO)
Next articleMason Infratech Limited IPO (Mason Infratech IPO)