Sylvan Plyboard (India) Ltd
listed
₹1.10LMin. investment
Sylvan Plyboard (India) Ltd IPO Details
Issue size
₹28.05Cr
IPO type
SME
Price range
₹55.00 – ₹55.00
Listing date
1 Jul 2024
Lot size
2000 shares
RHP/DRHP
Read
Price range₹55.00 – ₹55.00
IPO type
SME
Lot size2000 shares
Issue size₹28.05Cr
RHP/DRHP
Read
Sylvan Plyboard (India) Ltd Timeline
- Bid start24 Jun 2024
- Bid end26 Jun 2024
- Allotment26 Jun 2024
- Release of funds28 Jun 2024
- Demat transfer27 Jun 2024
- Listing1 Jul 2024
About Sylvan Plyboard (India) Ltd
Incorporated in 2002, Sylvan Plyboard (India) Ltd is engaged into manufacturing of various wood products such as plywood, block board, flush door, veneer and sawn timber across various grades and thickness. They have more than 12 numbers of plywood products in their basket, thickness ranging from 4 mm to 40 mm. They offer Boiling Water Proof (BWP) and Boiling Water Resistant (BWR) plywood. Their range of plywood products caters to various customers across various segments. The company is promoted by Anand Kumar Singh who has an experience of more than 25 years in the timber and related industry.
They are dedicated to constantly expanding and updating their product range in order to stay ahead in the market. The company has 223 Authorized Dealers present across 13 states. Their manufacturing facility has been strategically located in proximity to Kolkata Port Trust leading to easier imports. The facility has an integrated manufacturing process in which entire activity of the production process is carried out in-house avoiding the dependency on third parties for the manufacturing activity. The manufacturing facility has sufficient number of ponds for moisturising timber logs, in-house resin/glue production unit, thermic fluid heater unit, laboratory among other facilities which ensures cost minimization and in-house production of entire product range.
Their strength has been the quality and the diverse range of products which they offer to their customers, since they procure timber logs themselves, they ensure that the quality of logs procured which ultimately defines the quality of finished products is maintained. The company has been upgrading the machineries in its facility on certain intervals with a view of achieving better operational efficiency.They believe role of management is equally important as that of their employees for growth of their business, and accordingly they have placed an experienced management team to look after various facets of operations. Further, their management team comprises of individuals having adequate experience in their respective fields.
Sylvan Plyboard (India) Ltd Prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives:
- Funding Capital Expenditure towards purchase of additional plant and machinery
- Working Capital Requirements
- Issue Related Expenses
- General Corporate Expenses
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Sylvan Plyboard (India) Ltd Contact Details
Company NameSylvan Plyboard (India) Ltd
How to apply for Sylvan Plyboard (India) Ltd?
- Step 1
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- Step 2
Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3
Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4
Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.