Sylvan Plyboard IPO Date, Review, Price, Allotment Details

Sylvan Plyboard IPO Details: Sylvan Plyboard IPO date is fixed, The IPO will open on June 24 and will close on June 26. Sylvan Plyboard is a NSE SME IPO to raise ₹28.05 crores via IPO. The Sylvan Plyboard IPO price band is fixed at ₹55 with a market lot of 2000 shares.

Sylvan Plyboard IPO

Table of Contents


Incorporated in the year 2002, Sylvan Plyboard 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. Leveraging the knowledge of timber products and the domestic market, in the year 2004, the Company acquired the ongoing business of M/s. Singh Brothers & Co. (Proprietorship Firm). Over the period, after establishing ourselves in trading of timber products, they diversified their activities to manufacturing activities by setting up an integrated manufacturing facility in Baidyabati, West Bengal located near Kolkata which is spreading over an area of approx. 11.61 acres (5,05,732 sq. ft.).


They are dedicated to constantly expanding and updating their product range in order to stay ahead in the market. Their range of products under their manufacturing capabilities is summarized as under:

  • Plywood, Block Boards & Flush Doors
  • Veneer
  • Sawn Timbe

The Company markets its products under the brand name of “Sylvan”, through its network of Authorized Dealers and Authorized Sub Dealers. As of the date of this Prospectus, the Company has 223 Authorized Dealers present across 13 states.

They have more than 12 numbers of plywood products in their basket, thickness ranging from 4 mm to 40 mm. Plywood segment (including the Block Board and Flush Door) contributes approx. 81.74% of their revenue is from operations. The Company has a large range of products offering to a wide range of customers, “Sylvan Z+ Premium Plus” is the most premium plywood product of the Company amongst other offerings in the premium segment. They have “Robusta Premium” & “Primo Plus” for the middle segment and “Sylvan Blu” which is aimed at the lower class segment with a view of addressing the growing demand for cheaper plywood and their alternatives. They also offer Boiling Water Proof (BWP) and Boiling Water Resistant (BWR) plywood. Their range of plywood products caters to various customers across various segments.


Objects of the Issue:

  • Funding Capital Expenditure towards purchase of additional plant and machinery
  • Working Capital Requirements
  • Issue Related Expenses
  • General Corporate Expenses

Sylvan Plyboard IPO Review

  • May Apply

Sylvan Plyboard IPO Date & Price Band Details

IPO Open:June 24, 2024
IPO Close:June 26, 2024
IPO Size:Approx ₹28.05 Crores, 51,00,000 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹55 Per Equity Share
IPO Listing on:NSE SME
Retail Quota:50% of the net offer
QIB Quota:[.]% of the net offer
NII Quota:50% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors in IPO:Click Here

Sylvan Plyboard IPO Market Lot

The Sylvan Plyboard IPO minimum market lot is 2000 shares with a ₹110,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum12000₹110,000
Retail Maximum12000₹110,000
S-HNI Minimum24000₹220,000

Sylvan Plyboard IPO Dates

The Sylvan Plyboard IPO date is June 24 and the IPO close date is June 26 . The IPO allotment date is June June 27 and the IPO might list on July 1.

IPO Open Date:June 24, 2024
IPO Close Date:June 26, 2024
Basis of Allotment:June 27, 2024
Refunds:June 28, 2024
Credit to Demat Account:June 28, 2024
IPO Listing Date:July 1, 2024

You can check IPO subscription status and IPO allotment status on their respective pages.

Sylvan Plyboard IPO Form

How to apply Sylvan Plyboard IPO? You can apply Sylvan Plyboard IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Sylvan Plyboard IPO in the Invest section. The other option you can apply Sylvan Plyboard IPO via IPO forms download via the NSE website. Check out the Sylvan Plyboard forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.


Sylvan Plyboard Company Financial Report

₹ in Crores
YearRevenueExpensePAT
2021₹110.29₹109.78₹0.37
2022₹172.93₹168.10₹3.05
2023₹199.15₹194.54₹3.53
Dec 2023₹161.93₹155.41₹4.48

Sylvan Plyboard IPO Valuation – FY2023

Check Sylvan Plyboard IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹2.53 per Equity Share
Price/Earning P/E Ratio:21.74
Return on Net Worth (RoNW):4.00%
Net Asset Value (NAV):₹63.19 per Equity Share

Peer Group

  • Archidply Industries Limited
  • Duroply Industries Limited
  • The Western India Plywoods Limited

Company Promoters

  • Mr. Anand Kumar Singh
  • M/s. Singh Suppliers Private Limited

Sylvan Plyboard IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com

Sylvan Plyboard IPO Allotment Status

Check Sylvan Plyboard IPO allotment status on Bigshare website URL. Click Here

Sylvan Plyboard IPO Lead Managers aka Merchant Bankers

  • Finshore Management Services Limited

Company Address

Sylvan Plyboard (India) Limited
Adventz Infinity@5, Block-BN5, Office No. 802,
Sector-V, Salt Lake, Kolkata – 700091, West Bengal
Phone: +91 33 4801 7916
E-mail: [email protected]
Website: www.sylvanply.com

Sylvan Plyboard IPO FAQs


What is Sylvan Plyboard IPO?

Sylvan Plyboard IPO is an NSE SME IPO. They are going to raise ₹28.05 Crores via IPO. The issue is priced at ₹55 per equity share. The IPO is to be listed on NSE.

When Sylvan Plyboard IPO will open?

The IPO is to open on June 24, 2024 for QIB, NII, and Retail Investors.

What is Sylvan Plyboard IPO Investors Portion?

The investors’ portion for NII is 50%, and Retail is 50%.

How to Apply the Sylvan Plyboard IPO?

You can apply Sylvan Plyboard IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Sylvan Plyboard IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Sylvan Plyboard”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Sylvan Plyboard IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Sylvan Plyboard”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Sylvan Plyboard IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Sylvan Plyboard”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Sylvan Plyboard IPO Size?

Sylvan Plyboard IPO size is ₹28.05 crores.

What is Sylvan Plyboard IPO Price Band?

Sylvan Plyboard IPO Price Band is ₹55 per equity share.

What is Sylvan Plyboard IPO Minimum and Maximum Lot Size?

The IPO bid is 2000 shares with ₹110,000.

What is Sylvan Plyboard IPO Allotment Date?

Sylvan Plyboard IPO allotment date is June 27, 2024.

What is Sylvan Plyboard IPO Listing Date?

Sylvan Plyboard IPO listing date is July 1, 2024. The IPO to list on NSE SME.

Note: The Sylvan Plyboard IPO details are announced officially. The IPO grey market premium (Sylvan Plyboard IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.

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