58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Sylvan Plyboard (India) Limited IPO (Sylvan Plyboard (India) IPO) Detail

Sylvan Plyboard (India) IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Kolkata and caters to Furniture sector. Finshore Management Services is the merchant banker of Sylvan Plyboard (India) IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th March 2024.

Sylvan Plyboard (India) IPO open date is 24th June 2024 and close date is 26th June 2024. IPO Allotment Date is 27th June 2024 and Listing date is 1st July 2024.

IPO Category : SME
Exchange : NSE EMERGE
Issue Type : Fixed Price

Sylvan Plyboard (India) IPO Date

Date of DRHP:
30th March 2024
IPO Allotment Date:
27th June 2024
IPO Open Date:
24th June 2024
Initiation of Refund:
28th June 2024
IPO Closing Date:
26th June 2024
IPO Listing Date:
1st July 2024

Sylvan Plyboard IPO Info, Size, Subscription

Sylvan Plyboard (India) IPO size is Rs 28.05 Cr. crores with IPO price of Rs 55.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 28.05 Cr.

Issue Price:
₹ 55.00

Market Capitalisation :
₹ 106.56 Cr.

PE multiple :
17.84

Subscription :
84.03 times

Pre Issue Promoter Holding :
99.80 %

Post Issue Promoter Holding :
71.23%

Sylvan Plyboard (India) IPO Information

Sub Sector : manufacturing of various wood products such as plywood
Sylvan Plyboard (India) Limited , originally founded in 1951 by Jai Prakash Singh under the name M/s. Singh Brothers & Co. as a trading concern for indigenous timber logs, transitioned into manufacturing in 2004 after acquiring the business of the proprietorship firm. Over time, it expanded its operations by setting up an integrated manufacturing facility in Baidyabati, West Bengal, near Kolkata, covering an area of approximately 11.61 acres. The company specializes in producing a variety of wood products, including plywood, block boards, flush doors, veneer, and sawn timber in various grades and thicknesses. Focused on staying ahead in the market, the company continually updates and expands its product range.

Object of Issue (Sylvan Plyboard IPO Objectives)

  • 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

Finshore Management Services Limited is the book-running lead manager of the Sylvan Plyboard (India) IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Black Fox Financial Private Limited for Sylvan Plyboard (India) IPO.

Sylvan Plyboard IPO Market Maker

Black Fox Financial Private Limited

Sylvan Plyboard IPO Registrar (RTA)

Bigshare Services Private Limited

Sylvan Plyboard IPO Lead Manager (BRLM)

Finshore Management Services Limited

Sylvan Plyboard (India) IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Sylvan Plyboard (India) IPO?

Sylvan Plyboard (India) IPO, based in Kolkata, operates in the   Furniture sector with a focus on manufacturing of various wood products such as plywood. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Sylvan Plyboard (India) IPO size is ₹ 28.05 Cr. Crores with fresh issue size of Rs 28.05 Cr. Crores and Offer for sale being Nil.

When is Sylvan Plyboard IPO allotment?

The IPO allotment date for Sylvan Plyboard (India) IPO is expected to be 27th June 2024, after the finalization of basis of allotment. Investors can check Sylvan Plyboard (India) IPO allotment status on the registrars website, Bigshare Services Private Limited. Sylvan Plyboard (India) IPO refund dates are 28th June 2024.

When is Sylvan Plyboard (India) IPO listing date?

Sylvan Plyboard (India) IPO is expected to be listed on 1st July 2024.

What is the price band for Sylvan Plyboard IPO?

The upper price band for the Sylvan Plyboard (India) IPO is set at ₹ 55.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Sylvan Plyboard (India) IPO Review?

For IPO analysis on Sylvan Plyboard (India) IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Sylvan Plyboard (India) IPO?

To apply for the Sylvan Plyboard (India) IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 26th June 2024. After submission, funds are blocked until the basis of allotment of Sylvan Plyboard (India) IPO is finalised.

Who is the merchant banker of Sylvan Plyboard IPO?

The merchant banker for Sylvan Plyboard (India) IPO is Finshore Management Services Limited . Finshore Management Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Sylvan Plyboard (India) IPO RHP for further details.

Who is the Registrar of Sylvan Plyboard (India) IPO?

The registrar for Sylvan Plyboard (India) IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Sylvan Plyboard (India) IPO through their official website or helpline.

What is the Sylvan Plyboard (India) IPO subscription?

Sylvan Plyboard (India) IPO was subscribed 84.03 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 28.05 Cr. Avg IPO Size (Sector Based) : ₹ 22.70 Cr.
  • Sector: Furniture SME IPO so far: 23
  • Merchant Banker: Finshore Management SME IPO by BRLM so far: 47
  • City: Kolkata SME IPO so far: 69
  • Revenue (annualised): ₹ 214.39 cr.
            PAT: (annualised): ₹ 5.97 cr.
  • PE Ratio: 17.84x Average Sector PE Ratio: 17.68x
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FAQs

Sylvan Plyboard (India) IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Sylvan Plyboard (India) Financial Review Page

Sylvan Plyboard (India) IPO subscription was 84.03 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Sylvan Plyboard (India) IPO listed at a listing price of 69.30 against the offer price of 55.00.

The current market price of Sylvan Plyboard (India) is 66.40.

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