Sylvan Plyboard (India) Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 2,422,000 (47%) | — | ₹1,332 Cr |
| Retail | — | 2,422,000 (47%) | — | ₹1,332 Cr |
| Market Maker | — | 256,000 (5%) | — | ₹14 Cr |
| Σ Total | — | 5,100,000 (100%) | — | ₹28,050 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹110,000 |
| Retail (Max) | 13 | 26,000 | ₹1,430,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,540,000 |
| B-HNI (Min) | 67 | 134,000 | ₹7,370,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Dec 2023 | 31 Dec 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 16,193 | 19,915 | 17,293 |
| Profit After Tax | 448 | 353 | 305 |
| Net Worth | 9,457 | 8,812 | 8,283 |
| Total Assets | 21,727 | 20,398 | 18,142 |
| Reserves & Surplus | 8,029 | 7,882 | 7,374 |
| Total Borrowing | 6,455 | 5,501 | 4,579 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
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 –
Company Overview
Incorporated in 2002, Sylvan Plyboard (India) Ltd is engaged in the manufacturing of various wood products such as plywood, block board, flush door, veneer and sawn timber across various grades and thicknesses. The company has 223 Authorized Dealers present across 13 states.
The product range of the company consists of the following
- Plywood, Block Boards & Flush Doors
- Veneer
- Sawn Timber
The company's products meet the quality standards of the Bureau of Indian Standards (BIS), including IS 303:1989, IS 710:2010, IS 2202:1999, IS 1659:2004, IS 5509:2021, and IS 10701:2012. The company has also received ISO 9001:2015 (Quality Management System), ISO 14001:2015 (Environmental Management System), and ISO 45001:2018 (Occupational Health & Safety Management System) certifications for manufacturing and supplying Venner, Plywood, Block Board, and Flush Door.
The manufacturing facility of the company is situated in Hooghly, West Bengal.
The products are supplied to industries such as shipping, construction, real estate, interior decor, furniture, aviation, education, hospital, transport, banking, and government projects where plywood is needed for commercial and residential infrastructure.
As of June 2024, the company has a total of 817 employees at various departments.