Sylvan Plyboard IPO GMP Today, Price Range and Company Details

Sylvan Plyboard (India) IPO offers shares at ₹55, with a ₹15 Grey Market Premium. Available in 2000 share lots, the subscription runs from June 24 to June 26, 2024.
Sylvan Plyboard IPO GMP Today, Price Range and Company Details

As of June 22, 2024, Sylvan Plyboard (India) has ₹15 as Grey Market Premium, with a price range of ₹55 per share. Offering lots of 2000 shares, the subscription window is open from June 24 to June 26, 2024.

Sylvan Plyboard IPO GMP Today

The Grey Market Premium (GMP) for Sylvan Plyboard (India) Limited is ₹15 as of June 22, 2024. This assessment coincides with a price of ₹55 per share for the IPO.

Sylvan Plyboard (India) Limited IPO Review

Sylvan Plyboard Limited displayed fluctuating financials, with a revenue dip in March 2023 to ₹19,807.26 lakhs followed by a rebound in December 2023 to ₹16,079.18 lakhs. Profit after tax and earnings per share both increased, signaling improving profitability and investor appeal despite inventory turnover challenges.

Liabilities at Sylvan Plyboard have consistently risen, suggesting expansion but also a higher debt-equity ratio, indicating increased debt financing. Asset growth points to potential business expansion, but a falling current ratio raises concerns about liquidity and the company’s ability to meet short-term obligations efficiently.

To get a full IPO review, click here Sylvan Plyboard (India) Ltd IPO

Sylvan Plyboard (India) Limited IPO Date

Sylvan Plyboard (India) Limited will start accepting subscriptions from June 24, 2024 to June 26, 2024

Sylvan Plyboard Limited IPO Price

Sylvan Plyboard (India) Limited’s price range is ₹55 per share with a face value of ₹10 each.

Sylvan Plyboard (India) Limited

Founded in 2002, Sylvan Plyboard Limited crafts an extensive range of wood products including plywood and veneers, marketed under the “Sylvan” brand. Acquired from Singh Brothers & Co. in 2004, the company now distributes through 223 dealers across 13 states, offering a variety of products like the high-end “Sylvan Z+ Premium Plus” to the economical “Sylvan Blu.”

How To Apply For Sylvan Plyboard (India) Ltd IPO?

To apply for the Sylvan Plyboard (India) through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Sylvan Plyboard (India) on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Sylvan Plyboard (India) IPO at Alice Blue in just a few clicks!

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