Sylvan Plyboard IPO

Sylvan Plyboard Ltd announces an IPO with 51,00,000 shares worth INR 28.05 crores to fund plant, working capital, and general corporate purposes.

Important Details

Open Date : June 24, 2024 Close Date : June 26, 2024 Allotment Date: June 27, 2024 Listing Date: July 1, 2024

Important Details

IPO Price: INR 55 per share Lot Size: 2000 Shares Total Issue Size: INR 28.05 crores

Fundamental Analysis

Sylvan Plyboard  analysis shows mixed performance: 1. Revenue declined in March 2023, increased in December 2023. 2. Profitability and EPS rose & RoNW improved. 3. Inventory turnover decreased, indicating potential sales challenges.

Peer Comparison

1. Unique product range, turnover, and business size make direct comparisons difficult. 2. Peer companies listed are not suitable for evaluation or benchmarking.

Objective

Sylvan Plyboard IPO main objective: 1. Allocate funds for capital expenditure on plant and machinery. 2. Meet working capital requirements. 3. Facilitate business growth and operational efficiency.

Risks And Challenges

Sylvan Plyboard  IPO risks: 1. Resource strains during expansion. 2. Machinery procurement delays impacting operations. 3. Product counterfeiting affects brand integrity and revenue.