Sylvan Plyboard IPO
Sylvan Plyboard (India) Ltd
₹1,10,000 /2000 sharesMinimum Investment
Sylvan Plyboard IPO Details
Bidding Dates | Min. Investment | Lot Size | Price Range |
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24 Jun ‘24 - 26 Jun ‘24 | ₹1,10,000 | 2,000 | ₹55 - ₹55 |
Sylvan Plyboard, originally incorporated as Singh Brothers Exim Private Limited in Kolkata, produces a variety of wood products. These include plywood, block boards, flush doors, veneer, and sawn timber in various grades and thicknesses. Initially focused on trading timber products, the company later expanded into manufacturing, setting up a facility in Baidyabati, near Kolkata, West Bengal. Sylvan Plyboard markets its products under the brand name "Sylvan" through a network of authorised dealers and sub-dealers.
The company’s products cater to diverse customer needs. Their top-tier product is "Sylvan Z+ Premium Plus," while "Robusta Premium" and "Primo Plus" serve the middle segment. "Sylvan Blu" targets the lower segment, which is showing increasing demand for affordable plywood and alternatives. The company also offers products in the boiling waterproof (BWP) and boiling water resistant (BWR) plywood segments.;
Managing director
Mr. Anand Kumar Singh
Parent organisation
Sylvan Plyboard (India) Ltd
Strengths & Financials of Sylvan Plyboard
The company holds several certifications, including ISO 9001:2015 for Quality Management, ISO 14001:2015 for Environmental Management, and ISO 45001:2018 for Occupational Health and Safety.
Sylvan Plyboard has shown consistent growth in revenue and profit afte tax. In the financial years 2021, 2022, and 2023, the company reported revenues of Rs 108.89 crore, Rs 171.82 crore, and Rs 198.07 crore, and net profit of Rs 0.37 crore, Rs 3.05 crore, and Rs 3.53 crore, respectively.
The company operates through a network of 223 authorised dealers spread across 13 Indian states. These dealers are supported by around 753 sub-dealers who manage retail operations.
Sylvan Plyboard has its own resin plant, helping it produce glue using proprietary research formulations.
Sylvan Plyboard Financials
*All values are in Rs. Cr
Application Details of Sylvan Plyboard IPO
Apply as | Price band | Apply upto |
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Regular | ₹55 - 55 | ₹2 Lakh |
High Networth Individual | ₹55 - 55 | ₹2 - 5 Lakh |
For Sylvan Plyboard IPO, eligible investors can apply as Regular.