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Open
24 Jun 2024
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Close
26 Jun 2024
3
Allotment
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Listing
Mon, Jul 1, 2024
Price Band
₹55 per share
Issue Size
51,00,000 shares (agg. up to ₹28 Cr)
Lot Size
2,000 Shares
Listing Date
Mon, Jul 1, 2024
Latest GMP
₹27
Est. Gain
49.09%
✦ AI Insight
GMP Trend
01-07-2024₹27Est. ₹82+49.09%
30-06-2024₹27Est. ₹82+49.09%
29-06-2024₹27Est. ₹82+49.09%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 81.95x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 217.27 | 203.98 | 181.42 | 165.51 |
| Total Income | 161.93 | 199.15 | 172.93 | 110.29 |
| Profit After Tax | 4.48 | 3.53 | 3.05 | 0.37 |
| NET Worth | 94.57 | 88.12 | 82.83 | 79.78 |
| Reserves and Surplus | 80.29 | 78.82 | 73.74 | 70.69 |
| Total Borrowing | 64.55 | 55.01 | 45.79 | 47.01 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Capital Expenditure towards purchase of additional plant and machinery | 3.71 |
| 2 | Working Capital Requirements | 16.93 |
| 3 | Issue Related Expenses | 3.10 |
| 4 | General Corporate Expenses | 4.30 |
About Sylvan Plyboard IPO
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. A
Contact Details
Sylvan Plyboard (India) Ltd. AddressNH-2, Delhi Road, ChampsaraChinnamore, BaidyabatiHooghlyBaidyabati, West Bengal, 712222+91 33 4801 7916cs@sylvanply.comVisit Website