Sylvan Plyboard (India) Ltd IPO

Sylvan Plyboard (India) Ltd is an NSE SME IPO listed on the NSE SME platform, priced at ₹55 per share. The stock debuted at ₹66, delivering a listing gain of 20.0%. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,10,000.

Sylvan Plyboard (India) Ltd IPO

NSE SME Listed
₹1,10,000 (2000 Shares)
Minimum Investment
Check Allotment
IPO Dates
Jun 24, 2024 – Jun 26, 2024
Price band
₹55 per equity share
Minimum Investment
₹1,10,000
Issue size
₹28.05 Cr
Lot size
2000
Allotment Date
Jun 27, 2024
Listing
Jul 1, 2024
Listing At
NSE SME

IPO timeline

  1. Jun 24, 2024

    Open Date

    Completed

  2. Jun 26, 2024

    Close Date

    Completed

  3. Jun 27, 2024

    Allotment Date

    Completed

  4. Jul 1, 2024

    Listing Date

    Completed

Sylvan Plyboard (India) Ltd IPO Essentials

Sylvan Plyboard (India) Ltd IPO Details

Sylvan Plyboard (India) Ltd IPO is priced at ₹55 per share with a total issue size of 28.05 crore. The IPO has a lot size of 2000 shares and is listed on NSE SME.

Issue price
₹55 per equity share
Lot size
2000 shares
Face value
₹10 Per Equity Share
Issue size
5,100,000 shares(aggregating up to ₹28.05 Cr)
Total issue size
51,00,000 shares
(aggregating up to ₹28.05 crore)
Fresh issue
51,00,000 shares
(aggregating up to ₹28.05 crore)
Listing at
NSE SME
List price
66.0
Listing date
Registrar
Bigshare Services Pvt Ltd
Lead manager
Finshore Management Services Limited

Market Lot Size

Investors can bid for a minimum of 2000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 2000 ₹1,10,000
Retail(max) 1 2000 ₹1,10,000
NII (min) 2 4000 ₹2,20,000

Sylvan Plyboard (India) Ltd IPO Documents

Sylvan Plyboard (India) Ltd IPO Reservation

Sylvan Plyboard (India) Ltd IPO reservation details show category-wise allocation of shares. Out of the total 5,100,000 shares, approximately 47.49% for retail investors, and 5.02% for market maker.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered NA (NA%)
Market Maker Shares Offered 256,000 (5.02%)
Retail Shares Offered 2,422,000 (47.49%)
Total Shares Offered 5,100,000 (100%)

Sylvan Plyboard (India) Ltd IPO Analytics

Sylvan Plyboard (India) Ltd IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Sylvan Plyboard (India) Ltd IPO Subscription Status

Sylvan Plyboard (India) Ltd IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB / NII Retail Total
Shares Offered / Reserved 2,422,000 2,422,000 4,844,000
Day 1 24-06-24 06:00 PM
(0.93) x 2.72 x 2.07 x
Day 2 25-06-24 06:00 PM
(3.45) x 14.73 x 9.33 x
Day 3 26-06-24 06:00 PM
(75.52) x 84.11 x 79.82 x

Sylvan Plyboard (India) Ltd Valuations

Earnings

EPS Pre IPO
₹2.47/-
EPS Post IPO
₹3.08/-
P/E Pre IPO
22.25
P/E Post IPO
17.84

Returns

ROE
4.90%
ROCE
7.56%
RoNW
4.74%
PAT Margin
2.77

Fundamentals

Debt / Equity
0.68
Price / Book
0.83

Data sourced from DRHP / RHP • For educational purposes only

Sylvan Plyboard (India) Ltd Financials( In Lakhs)

31-Mar-23 31-Mar-22 31-Mar-21
Assets 20,398.47 18,142.32 16,550.83
Revenue 19,915.32 17,292.63 11,028.91
Profit After Tax 352.85 305.31 37.09
Net Worth 8,811.78 8,283.26 7,977.95
Reserves & Surplus 7,882.14 7,374.05 7,068.74
Total Borrowing 5,500.55 4,579.24 4,701.16

Sylvan Plyboard (India) Ltd Company & Offer Insights

About Sylvan Plyboard (India) Ltd

Incorporated in 2002, Sylvan Plyboard (India) Ltd is involved in the production of various wood products like plywood, block board, flush door, veneer and sawn timber in various grades and thicknesses. The company has 223 Authorized Dealers spread across 13 states.

The product portfolio of the company includes the following:
Plywood, Block Boards & Flush Doors
Veneer
Sawn Timber

All of the company's products come under the quality standard of the Bureau of Indian Standards (BIS), which includes IS 303:1989, IS 710:2010, IS 2202:1999, IS 1659:2004, IS 5509:2021, and IS 10701:2012. ISO 9001:2015 (Quality Management System), ISO 14001:2015 (Environmental Management System), and ISO 45001:2018 (Occupational Health & Safety Management System) have also been certified for manufacturing and supplying Venner, Plywood, Block Board, and Flush Door.

The company's manufacturing facility is located in Hooghly, West Bengal.
The company provides its products to shipping, construction, real estate, interior decor, furniture, aviation, education, hospital, transport, banking, and government projects that require plywood for commercial and residential infrastructure.

As of June 2024, the company has a total of 817 employees in its departments.

Sylvan Plyboard (India) Ltd Promoter(s)

M/s. Singh Suppliers Private Limited, Mr Anand Kumar Singh, Mr Jai Prakash Singh, Mrs Shakuntala Singh, Mrs Kalyani Singh are the company's promoters of Sylvan Plyboard (India) Ltd.

Sylvan Plyboard (India) Ltd IPO Issue Objectives

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 (India) Ltd IPO - Peers Comparison

Company Name EPS (Basic) EPS (Diluted) NAV (per share) (Rs) P/E (x) RoNW (%) P/BV Ratio Financial statements
Sylvan Plyboard (India) Ltd 2.53 N/A 63.19 21.74 4 0.87 Standalone
Archidply Industries Ltd. 6.15 N/A 52.25 13.46 11.78 1.59 Standalone
Duroply Industries Ltd 7.4 N/A 111.18 40.65 5.91 2.71 Standalone
The Western India Plywoods Limited 4.87 N/A 57.23 31.41 8.51 2.67 Standalone

Contact Information

Contact Details

Sylvan Plyboard (India) Ltd

+91 33 4801 7916

cs@sylvanply.com

http://www.sylvanply.com/

NH-2, Delhi Road, Champsara, Chinnamore, Baidyabati Hooghly – 712222

Registrar Contact Details

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/ipo_status.html

Frequently Asked Questions

Click any question to reveal the answer

Sylvan Plyboard (India) Ltd IPO is a Fixed Priced IPO worth ₹28.05 crore. The issue price is ₹55 per share (fixed price). The IPO opens on Jun 24, 2024 and closes on Jun 26, 2024. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.

The issue price of Sylvan Plyboard (India) Ltd IPO is ₹55 per share (fixed price).

The lot size of Sylvan Plyboard (India) Ltd IPO is 2000 shares.

The minimum investment for Sylvan Plyboard (India) Ltd IPO is approximately ₹1,10,000 based on the issue price .

Sylvan Plyboard (India) Ltd IPO opens on Jun 24, 2024 and closes on Jun 26, 2024.

The allotment date of Sylvan Plyboard (India) Ltd IPO is Jun 27, 2024.

Sylvan Plyboard (India) Ltd IPO is expected to be listed on Jul 1, 2024, on NSE SME Platform.

Sylvan Plyboard (India) Ltd IPO valuation snapshot: P/E 17.84, EPS ₹3.08/-, P/B 0.83, RoNW 4.74%, and market cap N/A.

To apply for Sylvan Plyboard (India) Ltd IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Sylvan Plyboard (India) Ltd IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Sylvan Plyboard (India) Ltd IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Sylvan Plyboard (India) Ltd IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Sylvan Plyboard (India) Ltd IPO allotment status on IPO Ji for quick and easy access.