- POSITIVE
Annual Revenue Sylvan Plyboard Mar-2026 Annual Revenue is Rs 254 Cr which is growth of 4.3% YoY.
- POSITIVE
Annual Net Profit Sylvan Plyboard Mar-2026 Annual Net Profit is Rs 7 Cr which is growth of 4.2% YoY.
Sylvan Plyboard (India) was incorporated on August 02, 2002. The company is engaged into manufacturing of various wood products such as plywood, block board, flush door, veneer and sawn timber across various grades and thickness.
| Bidding Dates |
|---|
| 24 Jun 2024 - 26 Jun 2024 |
| Subscription |
|---|
| 78.48x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹110,000 | 1 | 1 | 2000 | 5.1 M | ₹55 | 73.53 % | ₹280.5 M | RHP DOC |
Sylvan Plyboard IPO SUBSCRIPTION STATUS
26 Jun '24Total78.48x
Retail Individual Investor84.76x
HNI (NII) Investors72.21x
Qualified Institutional Buyers-
Sylvan Plyboard IPO overall subscription rate was 78.48 times the total available shares
Sylvan Plyboard IPO retail subscription rate was 84.76 times in the retail segment
Sylvan Plyboard IPO non-institutional investor subscription rate was 72.21 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
26 Jun 2024 (Day 3) | 84.76x | 72.21x | - |
25 Jun 2024 (Day 2) | 13.28x | 3.35x | - |
24 Jun 2024 (Day 1) | 2.46x | 0.88x | - |
Sylvan Plyboard FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| 9MFY24 | 44.8 | 1,607.9 | 88.4 | 47.1 | 8.5% |
| FY23 | 35.3 | 1,980.7 | -20.8 | -46.2 | 6.6% |
| FY22 | 30.5 | 1,718.2 | 110.2 | 77.2 | 6.1% |
| FY21 | 3.7 | 1,088.9 | 49.9 | 35.8 | 7.4% |
Sylvan Plyboard IPO SUBSCRIPTION STATUS DETAILS
Sylvan Plyboard had 5.1 M shares on offer
Sylvan Plyboard IPO offer price was ₹55
Sylvan Plyboard IPO minimum Investment was ₹110000
Sylvan Plyboard IPO issue size was ₹ 280.5 M
Sylvan Plyboard had a minimum lot size of 2000 Shares per application
Sylvan Plyboard NUMBER OF SHARES ON OFFER
Total5.1 M
Fresh Issue5.1 M
Offer for Sale0
Post Issue Promoter Holding %73.53 %
Sylvan Plyboard IPO IMPORTANT DATES
| Issue Open Date | 24 Jun 2024 |
| Issue close Date | 26 Jun 2024 |
| Allotment Date | 27 Jun 2024 |
| Refund Date | 28 Jun 2024 |
| Demat Account Credit Date | 28 Jun 2024 |
| Listing Date | 01 Jul 2024 |
| Listing on Exchange(s) | NSE |
| Sylvan Plyboard Allotment Status | Exchange |
Sylvan Plyboard IPO subscription opened on 24 Jun 2024, and closed on 26 Jun 2024
IPO allotment for Sylvan Plyboard was finalized on Thursday, 27 Jun 2024
IPO listing for Sylvan Plyboard was on NSE on Monday, 01 Jul 2024
Sylvan Plyboard IPO LISTING GAINS
| Issue Price (adjusted) | 55.0 |
| Listing Open Price | 66.0 |
| Listing Close Price | 69.3 |
| Listing Gain% | 20.0% |
| Current Gain% | -0.5% |
Sylvan Plyboard Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sylvan Plyboard (India) Ltd. | 54.8 | 106.1 | 14.8 | 3.5 | 0.4 | 5.4 | 2.6 | 254.1 | 4.3 | 7.2 | 4.2 | 3.7 | 4.2 |
| Century Plyboards (India) Ltd. | 686.4 | 15251.1 | 47.2 | 1.2 | 2.5 | 10.1 | 5.1 | 5407.4 | 19.2 | 262.7 | 41.8 | 14.5 | 39.4 |
| Stylam Industries Ltd. | 3235.1 | 5482.9 | 31.4 | 0.8 | 4.5 | 18.6 | 15.3 | 1136.1 | 10 | 149.9 | 23 | 103.1 | 39.8 |
| Greenply Industries Ltd. | 276.8 | 3457.3 | 27.6 | 0.6 | 1.2 | 10 | 4.6 | 2757.6 | 10.1 | 89.5 | -2.3 | 10 | 46.7 |
| Greenpanel Industries Ltd. | 150.3 | 1842.8 | 151 | 0.3 | 1.2 | -2.1 | -1.4 | 1553.9 | 6.6 | -29.1 | -140.4 | 1 | 487.3 |
| Rushil Decor Ltd. | 22.1 | 648.7 | 23.6 | 0.3 | 0.7 | 1 | 0.5 | 867.8 | -4.7 | 6.7 | -86 | 0.9 | 75.7 |
Annual
Balance Sheet
Ratios
Cash Flow
Sylvan Plyboard annual results: revenue, profit, P&L, and margins as of Mar 2026 – 11 year history
Nested row level
Base Level
Reporting Type
Standalone
Cell Data
Actual
Table Settings
YoY & New to Old
CAGR Columns
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Nested row level
Base Level
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| Indicator | Graph | CAGR 3 Yrs | CAGR 5 Yrs | Mar '26 | Mar '25 | Mar '24 | Mar '23 | Mar '22 | Mar '21 |
|---|---|---|---|---|---|---|---|---|---|
8.5% | 18.2% | 254.1 | 243.5 | 224.9 | 199.2 | 172.9 | 110.3 | ||
Operating Exp. Ann. | 7.7% | 18.1% | 231.3 | 221 | 205.1 | 185 | 161.3 | 100.8 | |
Operating Profit Ann. | 18.1% | 21.7% | 21.6 | 21.1 | 18.2 | 13.1 | 10.5 | 8.1 | |
OPM Ann. % | 8.8% | 3% | 8.48% | 8.65% | 8.08% | 6.59% | 6.09% | 7.31% | |
7.9% | 17.3% | 244.2 | 234.5 | 216.1 | 194.5 | 169 | 109.8 | ||
EBITDA Ann. | 17.1% | 19.1% | 22.8 | 22.6 | 19.8 | 14.2 | 11.6 | 9.5 | |
EBITDA Ann. margin % | 7.9% | 0.9% | 8.96% | 9.26% | 8.80% | 7.13% | 6.73% | 8.57% | |
Interest Ann. | 8% | 5.6% | 9.2 | 10.5 | 8.6 | 7.3 | 5.6 | 7 | |
Depr. | 18.2% | 13.7% | 3.8 | 3 | 2.4 | 2.3 | 2.1 | 2 | |
PBT Ann. | 28.7% | 81.3% | 9.8 | 9.1 | 8.8 | 4.6 | 3.9 | 0.5 | |
Tax Ann. | 34.9% | 93.3% | 2.7 | 2.2 | 2.7 | 1.1 | 0.9 | 0.1 | |
27.2% | 78.3% | 7.2 | 6.9 | 6.1 | 3.5 | 3.1 | 0.4 | ||
Net Profit Ann. | 27.2% | 78.3% | 7.2 | 6.9 | 6.1 | 3.5 | 3.1 | 0.4 | |
NPM Ann. % | 16.9% | 52.9% | 2.84% | 2.85% | 2.72% | 1.78% | 1.77% | 0.34% | |
EPS Adj. latest Ann. | 27.1% | 79.2% | 3.7 | 3.6 | 3.2 | 1.8 | 1.6 | 0.2 |
*All financials are in INR Cr and price data in INR
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Total Rev. Ann.
1Y CHG
4.4%
2Y CAGR
6.3%
3Y CAGR
8.5%
5Y CAGR
18.2%
Total Revenue Annual growth is lower than historical averages.
Net Profit Ann.
1Y CHG
4.3%
2Y CAGR
8.6%
3Y CAGR
27.2%
5Y CAGR
78.3%
Net Profit Annual growth is lower than historical averages.
Operating Exp. Ann.
1Y CHG
4.7%
2Y CAGR
6.2%
3Y CAGR
7.7%
5Y CAGR
18.1%
Operating Expenses Annual Cr growth is lower than historical averages.
Sylvan Plyboard INFORMATION ON IPO ISSUE
About Sylvan Plyboard
Sylvan Plyboard (India) was incorporated on August 02, 2002. The company is engaged into manufacturing of various wood products such as plywood, block board, flush door, veneer and sawn timber across various grades and thickness.
Object of the Issue
- Funding capital expenditure towards purchase of additional plant and machinery
- To meet the working capital requirements
- To meet the issue expenses
- General corporate purposes
Sylvan Plyboard - PROMOTERS
| Name |
|---|
| Anand Kumar Singh |
| Jai Prakash Singh |
| Shakuntala Singh |
| Kalyani Singh |
| M/s. Singh Suppliers Private Limited |
Sylvan Plyboard Lead Manager of the Issue
Finshore Management Services Limited
info@finshoregroup.com
Sylvan Plyboard Registrar to the issue
Bigshare Services Private Limited
ipo@bigshareonline.com
Sylvan Plyboard Strengths
Brand recognition
The company continuously focuses on creating and improving the brand image of 'Sylvan'. Its industry experience and strong presence in Eastern India have positioned its brand with quality products
Strength
Wide network
At present, the company has an extensive network of 223 authorized dealers across 13 states in India, with approximately 83 dealers in West Bengal, 45 dealers in Uttar Pradesh, 33 dealers in Odisha, 16 dealers in Andhra Pradesh, and 12 dealers in Maharashtra
Strength
Entry barrier
The Supreme Court has restricted the issuance of new licenses for the manufacture of plywood and other wood-based products
Strength
Sylvan Plyboard Risks
Certain legal proceedings
The company, its directors, promoters and group companies are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on the business
Risk
Negative cash flow
The company had negative cash flow in recent fiscals. Sustained negative cash flow could adversely impact the business, financial condition and results of operations
Risk
Incurred losses
The company's group companies have incurred losses in the past and may incur losses in the future
Risk
IPO FAQs
The promoters of the company are Anand Kumar Singh, Jai Prakash Singh, Shakuntala Singh, Kalyani Singh and M/s. Singh Suppliers Private Limited.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 55.0 - 55.0.
The IPO application opens on Jun 24, 2024 and closes on Jun 26, 2024.
The minimum lot size for the IPO is 2000. The maximum lot size for the IPO is 2000.
For all category investors, the minimum application amount for this IPO is Rs. 110,000.0, the maximum value for this IPO is Rs 110,000.0.
This IPO will be allotted on Jun 27, 2024.
The refund will be credited to your account on Jun 28, 2024.
The allotted shares will be credited to your demat on Jun 28, 2024.
Sylvan Plyboard (India) Ltd.’s shares listed on the stock exchanges on Jul 01, 2024.