Sylvan Plyboard (India) Limited
Fixed Price Issue IPO · NSE
- Price band
- ₹55 - ₹55
- Lot size
- 2,000 shares
- Issue amount
- ₹28.05 cr
- Total subscription
- 79.82×
- Opens
- 24 Jun 2024
- Closes
- 26 Jun 2024
- Allotment
- 27 Jun 2024
- Listing
- 1 Jul 2024
Offer at a glance
Issue overview
- Issue size
- 51,00,000 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,10,000
- Fresh issue
- ₹28.05 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,10,000
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 1,42,74,830
- Shares after issue
- 1,93,74,830
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,10,000 |
| HNI | 2 | 4,000 | ₹2,20,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 13.32 | 1,120.39 |
Financial performance
Company financials
in ₹ Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Dec-23 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 4.74 | 2.53 | 2.24 |
| ROE | 4.9 | 1.9 | 3.76 |
| ROCE | 7.56 | 7.53 | 6.56 |
| RONW | 4.74 | 4 | 3.69 |
| PRE IPO(PE) | 22.25 | 0 | 0 |
| POST IPO(PE) | 17.84 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Sylvan Plyboard (India) Ltd, incorporated in 2002, is a leading manufacturer of wood products, including plywood, block boards, flush doors, veneer, and sawn timber, available in various grades and thicknesses. The company ensures adherence to Bureau of Indian Standards (BIS) certifications such as IS 303:1989, IS 710:2010, and IS 2202:1999, alongside ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications, highlighting its commitment to quality, environmental sustainability, and workplace safety. Operating from a state-of-the-art manufacturing facility in Hooghly, West Bengal, Sylvan Plyboard caters to industries like construction, real estate, interior decor, shipping, aviation, education, and government infrastructure projects. With a network of 223 authorized dealers across 13 states and a workforce of 817 employees as of June 2024, the company is a key player in India's wood product manufacturing sector.
Strengths
- Trusted Industry Presence: Since 2002, Sylvan Plyboard (India) Ltd has built a strong reputation for delivering high-quality wood products that meet BIS standards and international certifications.
- Experienced Leadership: The company is guided by seasoned promoters and a knowledgeable management team, ensuring strategic growth and stability.
- Skilled & Dedicated Team: With a workforce of 817 employees, the company thrives on expertise and innovation, driving operational success and quality product offerings.
Risk factors
- Legal Risks: Sylvan Plyboard and its key stakeholders are involved in legal proceedings. Unfavorable outcomes could affect the company’s business, finances, and operations.
- Expansion Challenges: If the company struggles to execute its growth plans effectively, it could impact financial performance and overall business success.
- Procurement Delays: Any setbacks in acquiring machinery for expansion could slow down progress and increase operational costs.
Promoters
M/s. Singh Suppliers Private Limited
Mr Anand Kumar Singh
Mr Jai Prakash Singh
Mrs Shakuntala Singh
Mrs Kalyani Singh
Registrar & documents
Lead manager
Finshore Management Services Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
NH-2, Delhi Road, Champsara, Chinnamore, Baidyabati Hooghly – 712222
+91 33 4801 7916
[email protected]Company website ↗Understanding SYLVANPLY IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.