Sylvan Plyboard IPO Details, Date, Allotment

Sylvan Plyboard IPO: Sylvan Plyboard (India) Limited IPO is open for subscription on June 24, 2024 and closes on June 26, 2024. The allotment for the IPO is expected on June 27, 2024. Sylvan Plyboard IPO will be listed on NSE SME with a listing date fixed as July 01, 2024.

Sylvan Plyboard IPO is a fresh issue amounting to Rs 28.05 crores. The entire issue comprises a fresh offering of 51 lakh shares. The price band for the IPO is fixed at ₹55 per share.

Source from Sylvan Plyboard IPO RHP

Sylvan Plyboard IPO Details

Open Date	June 24, 2024
Close Date	June 26, 2024
Listing Date	July 01, 2024
IPO Size	Aggregating up to ₹28.05 Cr.
Fresh Issue	51 lakh shares
Face Value	₹10 per share
IPO Price Band	₹55 per share
IPO Listing on	NSE SME
Lot Size	2000 Shares
OFS	NA
Share Offered to Retail	35%
Share Offered to QBI	50%
Share Offered to HNI	15%

Sylvan Plyboard IPO Date

IPO Open Date: June 24, 2024
IPO Close Date: June 26, 2024
Allotment: June 27, 2024
Refunds: June 28, 2024
Shares Credit to Demat: June 28, 2024
Listing Date: July 01, 2024

Lot Size

Application Type	Lots	Shares	Amount (₹)
Retail (Min)	1	1200	₹120,000
Retail (Max)	1	1200	₹120,000
HNI (Min)	2	2400	₹240,000

Sylvan Plyboard IPO GMP (Grey Market Premium)

If you want to know Sylvan Plyboard IPO GMP (Grey Market Premium) then please visit our IPO GMP section and get daily updates on grey market premium. We update here all IPOs GMP.

Sylvan Plyboard IPO Subscription Status

Sylvan Plyboard IPO subscription starts on June 24, 2024, To get live IPO subscription status data go to our IPO Subscription section and see any ongoing IPO Subscription Status.

Sylvan Plyboard IPO Allotment Status

To check Sylvan Plyboard’s IPO allotment status go to the IPO registrar website ”BIGSHARE SERVICES PRIVATE LIMITED” or go to IPO Allotment>>.
You can find here any IPO allotment status. Following some stapes.

Go to the Link given above.
Select the IPO Name
Enter your PAN/ DP ID/ Application No
Submit details and get the allotment status.

Know About Company

Sylvan Plyboard (India) Ltd, established in 2002, manufactures a wide range of wood products including plywood, block boards, flush doors, veneer, and sawn timber. Their products meet Bureau of Indian Standards and hold ISO certifications for quality, environmental management, and occupational health & safety.

Located in Hooghly, West Bengal, they supply to diverse industries such as construction, real estate, furniture, and government projects nationwide.

Objects 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

Promoters Holding

Before the issue, the promoters of Sylvan Plyboard (India) Ltd were M/s. Singh Suppliers Private Limited, Mr. Anand Kumar Singh, Mr. Jai Prakash Singh, Mrs. Shakuntala Singh, and Mrs. Kalyani Singh, holding 99.80% of the shares. After the issue, their shareholding decreased to 71.23%.

Sylvan Plyboard (India) Limited Financial Report

Period Ended	31 Dec 2023 (₹ Lakhs)	31 Mar 2023 (₹ Lakhs)	31 Mar 2022 (₹ Lakhs)	31 Mar 2021 (₹ Lakhs)
Assets	21,726.74	20,398.47	18,142.32	16,550.83
Revenue	16,193.24	19,915.32	17,292.63	11,028.91
Profit After Tax	447.98	352.85	305.31	37.09
Net Worth	9,456.77	8,811.78	8,283.26	7,977.95
Total Borrowing	6,454.53	5,500.55	4,579.24	4,701.16

KPI Of Sylvan Plyboard (India) Limited

Particulars	31-12-2023 (₹ Lakhs)	31-03-2023 (₹ Lakhs)	31-03-2022 (₹ Lakhs)	31-03-2021 (₹ Lakhs)
EBITDA	1,367.81	1,311.82	1,053.40	805.86
EBITDA Margin (%)	8.51	6.62	6.13	7.40
PAT Margin (%)	2.77	1.77	1.77	0.34
EPS (Basic & Diluted)	3.14	2.53	2.24	0.27
RONW (%)	4.74	4.00	3.69	0.46
ROCE (%)	7.56	7.53	6.56	4.82
Debt Equity Ratio	0.68	0.62	0.55	0.59

Peer Group

Archidply Industries Limited
Duroply Industries Limited
The Western India Plywoods Limited

Sylvan Plyboard (India) Limited 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
Contact Person: Mr. Sagar Kathare
Telephone: 022 – 6263 8200
Email: ipo@bigshareonline.com

Sylvan Plyboard (India) Limited IPO Lead Manager

FINSHORE MANAGEMENT SERVICES LIMITED
Anandlok Building, Block-A, 2nd Floor, Room No. 207,
227 A.J.C Bose Road, Kolkata-700020, West Bengal, India
Contact Person: Mr. S. Ramakrishna Iyengar
Telephone: 033 – 2289 5101 / 4603 2561
Email: info@finshoregroup.com

Sylvan Plyboard (India) Limited Contact

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 (India) Limited IPO Application Form PDF

To download the Sylvan Plyboard (India) Limited IPO application form Check out the Application Form Download ASBA IPO Forms PDF.

FAQs

What is the IPO size of Sylvan Plyboard (India) Ltd.?

Sylvan Plyboard (India) Ltd. is launching an IPO aggregating up to ₹28.05 crores through a fresh issue of 51 lakh shares.

When does the Sylvan Plyboard IPO open and close?

The Sylvan Plyboard IPO opens for subscription on June 24, 2024, and closes on June 26, 2024.

Where can I check the subscription status and allotment of Sylvan Plyboard IPO?

The subscription status and allotment details can be checked on the IPO registrar’s website, Bigshare Services Private Limited, once the allotment process begins.

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iPO GMP Today Desk

Rajesh, with 5 years in the stock market, holds a degree in Finance and Management from the University of Kalyani. He simplifies complex financial concepts, offering clear insights to readers, blending expertise with a passion for easy-to-understand analysis.