Sylvan Plyboard (India) IPO Details
| IPO Size | 28.05 |
| Price Range | ₹55 |
| Retail Quota | 50% |
| QIB Quota | -- |
| NII Quota | 50% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 2000 |
| Investment (cut-off price) | ₹110,000 |
| Pre IPO Promotor Holding | 99.80% |
| Post IPO Promotor Holding | 71.23% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Sylvan Plyboard (India) IPO Timelines
24/06/2024
Start Date26/06/2024
End Date28/06/2024
Refund Initiation28/06/2024
Credit of Shares to Demat Ac01/07/2024
Listing DateSylvan Plyboard (India) IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 2000 | ₹110,000 |
| Retail Maximum | 1 | 2000 | ₹110,000 |
| S-HNI Minimum | 2 | 4000 | ₹220,000 |
Sylvan Plyboard (India) IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| -- | 76.03 x | 89.24 x | -- | 82.63 x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹66 | ₹69.30 | ₹69.30 | ₹62.70 |
Sylvan Plyboard (India) IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2021 | ₹110.29 | ₹109.78 | ₹0.37 |
| FY 2022 | ₹172.93 | ₹168.10 | ₹3.05 |
| FY 2023 | ₹199.15 | ₹194.54 | ₹3.53 |
| FY 2024 (9M) | ₹161.93 | ₹155.41 | ₹4.48 |
About Company
Sylvan Plyboard, originally incorporated as Singh Brothers Exim Private Limited in Kolkata, produces a variety of wood products. These include plywood, block boards, flush doors, veneer, and sawn timber in various grades and thicknesses. Initially focused on trading timber products, the company later expanded into manufacturing, setting up a facility in Baidyabati, near Kolkata, West Bengal.
Sylvan Plyboard markets its products under the brand name “Sylvan” through a network of authorised dealers and sub-dealers. The company’s products cater to diverse customer needs.
Their top-tier product is “Sylvan Z+ Premium Plus,” while “Robusta Premium” and “Primo Plus” serve the middle segment. “Sylvan Blu” targets the lower segment, which is showing increasing demand for affordable plywood and alternatives. The company also offers products in the boiling waterproof (BWP) and boiling water resistant (BWR) plywood segments.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2002 | Consumer Durables | Anand Kumar Singh |
Know Before Investing
Sylvan Plyboard (India) IPO Strengths
- Experienced promoter in the timber and plywood industry
- Integrated manufacturing facility with complete in-house processes.
- In-house timber logs procurement to packaging.
- Strong presence in West Bengal and Eastern India.
- Established the brand image of “Sylvan” for a decade.
- Quality products with satisfactory after-sales services.
Sylvan Plyboard (India) IPO Risks
- Competition from larger, experienced players with stronger resources.
- Increasing focus on MDF products by major competitors.
- Rising raw material costs affecting profitability significantly.
- Fluctuating demand influenced by economic conditions and trends.
- Dependence on suppliers for high-quality timber supply.
- High operating costs due to capital investment and labor expenses.
Swot Analysis for Sylvan Plyboard (India) IPO
Strengths
Weaknesses
Opportunities
Threats
Contact Details of IXIGO
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/ipo_status.html
Company Details
Sylvan Plyboard (India) Ltd
NH-2, Delhi Road, Champsara,
Chinnamore, Baidyabati
Hooghly – 712222
Phone: +91 33 4801 7916
Email: [email protected]
Website: http://www.sylvanply.com/
IPO Registar Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/ipo_status.html
FAQs
The key objectives of Sylvan Plyboard are:
- 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