Sylvan Plyboard IPO description – Established in 2002, Sylvan Plyboard (India) specializes in producing diverse wood products, including plywood, block board, flush doors, veneer, and sawn timber, available in various grades and thicknesses. The company also offers Boiling Water Proof (BWP) and Boiling Water Resistant (BWR) plywood. Sylvan Plyboard (India) markets its products under the brand name “Sylvan” through an extensive network of Authorized Dealers and Sub Dealers. As of 31 March 2024, the company boasts 223 Authorized Dealers spread across 13 states.
Sylvan Plyboard (India) offers over 12 plywood products, with thicknesses ranging from 4 mm to 40 mm. The plywood segment, which includes block boards and flush doors, accounts for approximately 81.74% of the company’s operational revenue. The company supplies its products majorly to West Bengal, Odisha, Uttar Pradesh, Maharashtra, and Andhra Pradesh.
Promoters of Sylvan Plyboard (India) – Mr. Anand Kumar Singh, and M/s. Singh Suppliers Private Limited
Table of Contents
Sylvan Plyboard IPO Details
| Sylvan Plyboard IPO Dates | 24 – 26 June 2024 |
| Sylvan Plyboard Issue Price | INR 55 per share |
| Fresh issue | 51,00,000 shares (INR 28.05 crore) |
| Offer For Sale | NIL |
| Total IPO size | 51,00,000 shares (INR 28.05 crore) |
| Minimum bid (lot size) | 2,000 shares (INR 1,10,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Sylvan Plyboard Financial Performance
| FY 2021 | FY 2022 | FY 2023 | 9M FY 2024 | |
| Revenue | 108.89 | 171.82 | 198.07 | 160.79 |
| Expenses | 109.78 | 169.00 | 194.54 | 155.41 |
| Net income | 0.37 | 3.05 | 3.53 | 4.48 |
Sylvan Plyboard Offer News
- Sylvan Plyboard RHP
- Sylvan Plyboard Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Sylvan Plyboard Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 0.41 | 3.36 | 3.80 |
| PE ratio | – | – | 14.47 |
| RONW (%) | 0.46 | 3.69 | 4.00 |
| NAV | – | – | 94.79 |
| EBITDA (%) | 7.40 | 6.13 | 6.62 |
| ROCE (%) | 4.82 | 6.56 | 7.53 |
| Debt/Equity | 0.59 | 0.55 | 0.62 |
Sylvan Plyboard IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 29 June 2024 | 25 | – | 38,700 |
| 28 June 2024 | 30 | – | 43,000 |
| 27 June 2024 | 32 | – | 45,000 |
| 26 June 2024 | 30 | – | 43,000 |
| 25 June 2024 | 28 | – | 41,500 |
| 24 June 2024 | 25 | – | 37,000 |
| 22 June 2024 | 15 | – | 23,000 |
| 21 June 2024 | 15 | – | 23,000 |
| 20 June 2024 | 12 | – | 18,000 |
Sylvan Plyboard IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 24,22,000 | 24,22,000 | 48,44,000 |
| 26 Jun 2024 | 75.52 | 84.11 | 79.82 |
| 25 Jun 2024 | 3.53 | 13.98 | 8.75 |
| 24 Jun 2024 | 0.92 | 2.59 | 1.76 |
The market maker reservation portion of 2,56,000 shares is not included in the above calculations.
Sylvan Plyboard IPO Allotment Status
Sylvan Plyboard IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Sylvan Plyboard IPO Dates & Listing Performance
| IPO Opening Date | 24 June 2024 |
| IPO Closing Date | 26 June 2024 |
| Finalization of Basis of Allotment | 27 June 2024 |
| Initiation of refunds | 28 June 2024 |
| Transfer of shares to demat accounts | 28 June 2024 |
| IPO Listing Date | 1 July 2024 |
| Opening Price on NSE SME | INR 66 per share (up 20%) |
| Closing Price on NSE SME | INR 69.30 per share (up 26%) |
Sylvan Plyboard Offer 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
Phone: 033 – 2289 5101 / 4603 2561
Email: [email protected]
Website: www.finshoregroup.com
Sylvan Plyboard Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com
Sylvan Plyboard (India) IPO Contact Details
SYLVAN PLYBOARD (INDIA) LIMITED
Adventz Infinity@5, Block-BN5, Office No. 802,
Sector-V, Salt Lake, Kolkata – 700091, West Bengal
Phone: +91 33 4801 7916
E-mail: [email protected]
Website: www.sylvanply.com
Sylvan Plyboard (India) IPO FAQs
What is the Sylvan Plyboard offer size?
Sylvan Plyboard’s offer size is INR 28.05 crores.
What is the Sylvan Plyboard offer price band?
Sylvan Plyboard’s public offer price is INR 55 per share.
What is the lot size of the Sylvan Plyboard IPO?
Sylvan Plyboard offer a lot size is 2,000 shares.
What is Sylvan Plyboard IPO GMP today?
Sylvan Plyboard IPO GMP today is INR 25 per share.
What is the Sylvan Plyboard kostak rate today?
Sylvan Plyboard kostak rate today is INR NA per application.
What is Sylvan Plyboard Subject to the Sauda rate today?
Sylvan Plyboard is Subject to the Sauda rate today is INR 38,700 per application.
