Sylvan Plyboard IPO Details Today : Sylvan Plyboard IPO Details Today is Open on [.] 2024 and Close on [.] 2024. Sylvan Plyboard IPO to Raise 51,00,000 shares (Approx ₹28.05 Cr) via IPO. The Fresh issue of 51,00,000 shares (Approx ₹28.05 Cr).
Our Company was originally incorporated August 20, 2002 our Company is engaged into manufacturing of various wood products such as plywood, block board, flush door, veneer and sawn timber across various grades and thickness.
We are dedicated to constantly expanding and updating our product range in order to stay ahead in the market. Our range of products under our manufacturing capabilities is summarized as under.
• Plywood, Block Boards & Flush Doors
• Veneer
• Sawn Timber
Our Company markets its products under the brand name of “Sylvan”, through its network of Authorized Dealers and Authorized Sub Dealers. As on the date of this Draft Prospectus, our Company has 223 Authorized Dealers present across 13 states.
We have more than 12 numbers of plywood products in our basket, thickness ranging from 4 mm to 40 mm. Plywood segment (including Block Board and Flush Door.
Our Company has large range of product offering to wide range of customers, “Sylvan Z+ Premium Plus” is the most premium plywood product of our Company amongst other offerings in premium segment. We have “Robusta Premium” & “Primo Plus” for middle segment and “Sylvan Blu” which is aimed at lower class segment with a view of addressing the growing demand of cheaper plywood and their alternatives. We also offer Boiling Water Proof (BWP) and Boiling Water Resistant (BWR) plywood. Our range of plywood products caters to various customers across various segments.
Sylvan Plyboard IPO Date & Price Band Details
| IPO Open Date | 24 June 2024 |
|---|---|
| IPO Close Date | 26 June 2024 |
| IPO Size | 51,00,000 shares (Approx ₹28.05 Cr) |
| Fresh Issue | 51,00,000 shares (Approx ₹28.05 Cr) |
| Lot Size | 2000 Shares |
| IPO Face Value | ₹10 Per Equity Share" |
| IPO Price Band | ₹55 Per Every Share |
| IPO Listing On | NSE SME |
| IPO Retail Quota | 50% |
| IPO QIB Quota | -% |
| IPO NII Quota | 50% |
| DRHP Draft | Click Here |
| Anchor Investor | Click Here |
Sylvan Plyboard IPO Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 2000 | ₹110,000 |
| Retail Maximum | 1 | 2000 | ₹110,000 |
| S-HNI Minimum | 2 | 4000 | ₹220,000 |
Object of the Issue
- Funding Capital Expenditure towards purchase of additional plant and machinery.
- To meet the Working Capital Requirements.
- To meet the Issue Expenses.
- General Corporate Purposes.
Sylvan Plyboard IPO Allotment & Listings (Details)
| IPO Open Date | 24 June 2024 |
|---|---|
| IPO Close Date | 26 June 2024 |
| Basis of Allotment | 27 June 2024 |
| Refunds | 28 June 2024 |
| Credit to Demat Account | 28 June 2024 |
| IPO Listing Date | 1 July 2024 |
Sylvan Plyboard Financial Reports
| ₹ in Crores | |||
|---|---|---|---|
| Year | Revenue | Expense | PAT |
| 2024 | ₹160.79 | ₹155.41 | ₹4.48 |
| 2023 | ₹198.07 | ₹194.54 | ₹3.53 |
| 2022 | ₹171.82 | ₹169.00 | ₹3.05 |
| 2021 | ₹108.89 | ₹109.78 | ₹0.37 |
Our Company Promoters
- Anand Kumar Singh
Qualitative Factors
- Established and proven track record.
- Leveraging the experience of our Promoters.
- Experienced management team and a motivated and efficient work force.
- Cordial relations with our customers.
- Quality Assurance & Control.
Sylvan Plyboard Comparison Listed Industry Peers Group
| Company Name | Face Value | EPS | P/E Ratio | Ro NW (%) | NAV Per | Revenue (₹ in Lakhs) |
|---|---|---|---|---|---|---|
| Sylvan Plyboard (India) Limited | 10.00 | 2.53 | 21.74 | 4.00% | 63.19 | 19,807.26 |
| Peer Group | ||||||
| Archidply Industries Limited | 10.00 | 6.15 | 13.46 | 11.78 | 52.25 | 41,450.18 |
| Duroply Industries Limited | 10.00 | 7.40 | 40.65 | 5.91 | 111.18 | 30,233.86 |
| The Western India Plywoods Limited | 10.00 | 4.87 | 31.41 | 8.51 | 57.23 | 10,667.45 |
Comparison of accounting ratios with listed industry peers
- Sylvan Plyboard (India) Limited
- Archidply Industries Limited
- Duroply Industries Limited
- The Western India Plywoods Limited
Sylvan Plyboard Company Contact Details
NH-2, Delhi Road, Champsara, Chinnamore,
Baidyabati, Hooghly- 712222, West Bengal, India.
Contact Person: Mr. Rajneesh Mishra
Contact No: +91 33 4801 7916
Email ID: cs@sylvanply.com
Website: www.sylvanply.com
Sylvan Plyboard IPO Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office No S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road,
Andheri (East), Mumbai – 400093
Telephone: 022 62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Investor Grievance Email: investors@bigshareonline.com
Contact Person: Mr. Sagar Pathare
