Sylvan Plyboard (India) Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
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IPO Snapshot
Key metrics and details at a glance.
Price Band
₹0
Per ShareLot Size
0 Shares
Minimum Investment
₹0
Issue Size
₹0 Cr
Face Value
₹10
Per ShareIPO Type
Fixed Price - SME
Retail Quota
0%
QIB Quota
0%
NII Quota
0%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Sylvan Plyboard (India) Ltd
Business model, operations, and market positioning.
Issue Type
Fixed Price - SME
ISIN
INE01IH01015
About the Company
Incorporated in the year 2002, Sylvan Plyboard (India) Limited is engaged into manufacturing of various wood products such as plywood, block board, flush door, veneer and sawn timber across various grades and thickness. The company operates a manufacturing facility that is equipped with the latest machinery and technology situated at NH-2, Delhi Road, Champsara, Chinnamore, Baidyabati, Hooghly- 712222, West Bengal, which is spread over an area of approx. 11.61 acres (5,05,732 sq. ft.).
Industry Overview
World production of tropical industrial roundwood ("logs") totalled 328.3 million m3 in 2023 and 328.2 million m3 in 2024, with production in ITTO producer countries accounting for 82% of world production in both years. In 2024 the ITTO Asia-Pacific producers region accounted for most (77%) of the tropical log production in ITTO producer member countries. ITTO members in Latin America had a share of 14%, while Africa accounted for 9% of production. Listing the largest producers first, Indonesia, India, Vietnam, Brazil, Thailand, and Malaysia accounted for about 83% of ITTO producer countries' total tropical log production in 2023. China, India, Portugal, Vietnam and Taiwan P.O.C. were the major importers, with China alone accounting for 61% of world imports by volume in 2023 and 58% in 2024.
Company History
Our Company was originally incorporated as a Private Limited Company in the name of "Singh Brothers Exim Private Limited" on August 02, 2002 under the provisions of Companies Act, 1956 bearing Corporate Identification Number U51431WB2002PTC095027 issued by Registrar of Companies - West Bengal. Subsequently the name of our company was changed to "Sylvan Plyboard (India) Private Limited" vide a fresh Certificate of Incorporation consequent upon Change of Name dated March 05, 2013 bearing Corporate Identification Number U51431WB2002PTC095027 issued by Registrar of Companies - West Bengal. Subsequently, our company was converted into Public Limited Company under the Companies Act, 2013 and the name of our Company was changed to "Sylvan Plyboard (India) Limited" vide a fresh Certificate of Incorporation consequent upon conversion from Private Company to Public Company dated June 19, 2018 bearing Corporate Identification Number U51431WB2002PLC095027 issued by Registrar of Companies - Kolkata.
Products & Services
- Sylvan Plyboard (India) Limited is engaged into manufacturing of various wood products such as plywood, block board, flush door, veneer and sawn timber across various grades and thickness.
Growth Strategy
- Increasing plywood production.
- Expanding Presence in the Value Segment.
- Increasing dealership network.
- Cost reduction initiative.
- Increasing marketing activity.
- Automation of manufacturing facility.
Customer Base
Wholesaler and Retailer
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY23 to FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Further public offer of 55,00,000 equity shares of face value of Rs.10/- each ("equity shares") of Sylvan Plyboard (India) Limited (the "company" or the "issuer") for cash at a price of Rs.[*] per equity share, including a share premium of Rs. [*] per equity share (the "issue price"), aggregating to Rs. [*] crores ("the issue"), of which 2,76,000 equity shares of face value of Rs.10/- each for cash at a price of Rs.[*]/- per equity share, aggregating to Rs. [*] crores will be reserved for subscriptions by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. issue of 52,24,000 equity shares of face value of Rs.10/- each for cash at a price of Rs. [*]/- per equity share, aggregating to Rs. [*] crores is here in after referred to as the "net issue". The issue and the net issue will constitute 22.11% and 21.00% respectively of the post issue paidup equity share capital of the company. The face value of the equity share is Rs.10/- each and the issue price is Rs. [*]/- each i.e., [*] times of the face value of the equity shares. The minimum lot size is [*] equity shares.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Established and proven track record.
- Leveraging the experience of our Promoters.
- Experienced management team and a motivated and efficient work force.
- Cordial relations with our customers.
- Quality Assurance & Control.
- The Company, Directors, Promoters and Group Companies are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.
- The availability of look-alikes, counterfeit products, primarily in the company's domestic markets, manufactured by other companies and passed off as the company's products, could adversely affect its goodwill and results of operations.
- The Company maintains high level of inventory for uninterrupted production activities.
- The company's cost of production is exposed to fluctuations in the prices of raw material prices, particularly Timber.
- The Company has negative cash flow in recent fiscals, details of which are given below. Sustained negative cash flow could adversely impact its business, financial condition and results of operations.