The Sylvan Plyboard (India) Limited date has been confirmed from June 24, 2024 and closes on June 26, 2024. Read the post to learn about Sylvan Plyboard (India) Limited IPO GMP.
Sylvan Plyboard IPO is a fixed-priced issue of Rs 28.05 crore. The issue is entirely a fresh issue of 51 lakh shares. The minimum amount of investment required by retail investors is ₹110,000. The minimum lot size investment for HNI is 2 lots (4,000 shares), amounting to ₹220,000.
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Key Details Of Sylvan Plyboard (India) Limited IPO
Bidding Dates
June 24-26
Price Range
₹55 per share
Face Value
₹10 per share
GMP
₹15
Sylvan Plyboard (India) Limited IPO GMP
The Sylvan Plyboard (India) Limited IPO GMP is ₹15.
IPO Overview
Sylvan Plyboard IPO opens for subscription on June 24, 2024 and closes on June 26, 2024. The allotment for the Sylvan Plyboard IPO is expected to be finalized on Thursday, June 27, 2024. Sylvan Plyboard IPO will list on NSE SME with tentative listing date fixed as Monday, July 1, 2024. Sylvan Plyboard IPO price is ₹55 per share. The minimum lot size for an application is 2000 Shares.
Sylvan Plyboard (India) Limited IPO Details
| IPO Date | June 24, 2024 to June 26, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹55 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 5,100,000 shares (aggregating up to ₹28.05 Cr) |
| Fresh Issue | 5,100,000 shares (aggregating up to ₹28.05 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 14,274,830 |
| Share holding post issue | 19,374,830 |
| Market Maker portion | 256,000 shares Black Fox Financial |
Sylvan Plyboard (India) Limited Financial Information
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 21,726.74 | 20,398.47 | 18,142.32 | 16,550.83 |
| Revenue | 16,193.24 | 19,915.32 | 17,292.63 | 11,028.91 |
| Profit After Tax | 447.98 | 352.85 | 305.31 | 37.09 |
| Net Worth | 9,456.77 | 8,811.78 | 8,283.26 | 7,977.95 |
| Reserves and Surplus | 8,029.28 | 7,882.14 | 7,374.05 | 7,068.74 |
| Total Borrowing | 6,454.53 | 5,500.55 | 4,579.24 | 4,701.16 |
| Amount in ₹ Lakhs | ||||
Sylvan Plyboard (India) Limited IPO Timeline
| IPO Open Date | Monday, June 24, 2024 |
| IPO Close Date | Wednesday, June 26, 2024 |
| Basis of Allotment | Thursday, June 27, 2024 |
| Initiation of Refunds | Friday, June 28, 2024 |
| Credit of Shares to Demat | Friday, June 28, 2024 |
| Listing Date | Monday, July 1, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 26, 2024 |
Company Profile
Sylvan Plyboard (India) Ltd. was established in 2002. They specialize in producing a range of wood products, including plywood, block board, flush doors, veneer, and sawn timber. With a wide variety of grades and thicknesses available, the company has a strong presence in 13 states with 223 authorized dealers.
Sylvan Ply sources materials from around the world to ensure the highest quality. Our imported timber is responsibly obtained from sustainable sources, aligning with our values and delivering top-notch products to our customers. We are committed to sustain-
ability and actively seek opportunities to contribute to the environment. Our factory is equipped with carbon filters and an effluent water treatment plant to support this cause. Additionally, we have obtained the E0 certification, guaranteeing minimal formaldehyde emissions in our plywood, creating a safe and toxin-free environment for your home.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Sylvan Plyboard (India) Limited |
| Phone number | +91 33 4801 7916 |
| Email ID | [email protected] |
| Website | sylvanply.com |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Sylvan Plyboard (India) Limited IPO FAQs
When Sylvan Plyboard IPO will open?
The Sylvan Plyboard IPO opens on June 24, 2024 and closes on June 26, 2024.
What is the lot size of Sylvan Plyboard IPO?
Sylvan Plyboard IPO lot size is 2000 Shares, and the minimum amount required is ₹110,000.
When is Sylvan Plyboard IPO listing date?
The Sylvan Plyboard IPO listing date is not yet announced. The tentative date of Sylvan Plyboard IPO listing is Monday, July 1, 2024.
