Sylvan Plyboard (India) SME IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Sylvan Plyboard (India) IPO. Explore Sylvan Plyboard (India) IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Sylvan Plyboard (India) Limited, originally incorporated as “Singh Brothers Exim Private Limited” in 2002, is a leading manufacturer of wood products in India. Specializing in plywood, block boards, flush doors, veneer, and sawn timber, the company has established itself as a trusted name in the industry. The company's manufacturing facility is located in Baidyabati, West Bengal, strategically positioned near the Kolkata Port Trust, facilitating efficient imports and an integrated production process.
Key Points:
- Product Range:
- Wood Products: Plywood, Block Boards, Flush Doors, Veneer, and Sawn Timber.
- Product Variants: Offering includes premium products like Sylvan Z+ Premium Plus, mid-range products like Robusta Premium & Primo Plus, and budget options like Sylvan Blu. The company also provides Boiling Water Proof (BWP) and Boiling Water Resistant (BWR) plywood.
- Market Presence:
- Brand Name: Products marketed under the "Sylvan" brand.
- Distribution Network: 223 Authorized Dealers across 13 states in India.
- Manufacturing Capabilities:
- Facility Size: Integrated manufacturing facility spread over 11.61 acres in Baidyabati, West Bengal.
- In-House Production: Entire production process, including resin/glue production and timber log moisturizing, conducted in-house.
- Quality Control: Regular testing of products for mechanical and chemical properties, ensuring compliance with BIS standards (IS 303:1989, IS 710:2010, IS 2202:1999, IS 1659:2004, IS 5509:2021, and IS 10701:2012).
- Strategic Location:
- Proximity to Port: Near Kolkata Port Trust, easing the import of raw materials and components.
- Integrated Facility: Includes ponds for timber moisturizing, in-house resin/glue production, and a thermic fluid heater unit.
Objects of the Issue
- Funding Capital Expenditure towards purchase of additional plant and machinery
- Working Capital Requirements
- Issue Related Expenses
- General Corporate Expenses
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 24 Jun - 26 Jun 2024 |
| IPO Price Band | ₹ 55 per share |
| Fresh Issue | 51,00,000 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹ 28.05 crore |
| Face Value | ₹ 10 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 24 Jun 2024 |
| IPO Closing Date | 26 Jun 2024 |
| Basis Of Allotment | 27 Jun 2024 |
| Refunds | 28 Jun 2024 |
| Demat Transfer | 28 Jun 2024 |
| IPO Listing Date | 01 Jul 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Dec 2023 |
|---|---|---|---|---|
| Total Income | 110.29 | 172.93 | 199.15 | 161.93 |
| Total Expenses | 109.78 | 169.0 | 194.54 | 155.41 |
| Net Profit/Loss | 0.37 | 3.05 | 3.53 | 4.48 |
| NPM (*) | 0.34 | 1.77 | 1.77 | 2.77 |
| Total Assets | 165.51 | 181.42 | 203.98 | 217.27 |
| Total Liabilities | 85.73 | 98.59 | 115.87 | 122.70 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Dec 2023 |
|---|---|---|---|---|
| EPS | 0.27 | 2.24 | 2.53 | 3.14 |
| ROE (%) | 0.47 | 3.76 | 1.90 | 4.90 |
| ROCE (%) | 4.82 | 6.56 | 7.53 | 7.56 |
| D/E Ratio | 0.59 | 0.55 | 0.62 | 0.68 |
| Current Ratio | 1.82 | 1.71 | 1.62 | 1.62 |
| EBITDA MARGIN (%) | 7.40 | 6.13 | 6.62 | 8.51 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Sylvan Plyboard (India) Limited | 198.07 | 21.74 | 2.53 | 4.0 | 63.19 |
| Archidply Industries Limited | 414.50 | 13.46 | 6.15 | 11.78 | 52.25 |
| Duroply Industries Limited | 302.34 | 40.65 | 7.40 | 5.91 | 111.18 |
| The Western India Plywoods Limited | 106.67 | 31.41 | 4.87 | 8.51 | 57.23 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 0 |
| Non-Institutional Investor (NII/HNI) | 75.42 |
| Retail Individual Investor (RII) | 84.11 |
| Total | 84.03 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Bigshare Services Private Limited
Phone: +91 22-62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Company Promoters
- Mr. Anand Kumar Singh
- Mr. Jai Prakash Singh
- Mrs. Shakuntala Singh
- Mrs. Kalyani Singh
- M/s. Singh Suppliers Private Limited
Lead Managers
- FINSHORE MANAGEMENT SERVICES LIMITED
Company Address
Sylvan Plyboard (India) Limited
NH-2, Delhi Road, Champsara, Chinnamore, Baidyabati, Hooghly – 712222, West Bengal, India
Phone: +91 33 4801 7916
Email: cs@sylvanply.com
Website: www.sylvanply.com
FAQs
- What is the issue size of the Sylvan Plyboard (India) SME IPO?The Sylvan Plyboard (India) SME IPO has an issue size of ₹ 28.05 crore. This includes a fresh issue of 51,00,000 shares and an offer for sale (OFS) of NIL.
- What is the price band of the Sylvan Plyboard (India) IPO?The price band for the Sylvan Plyboard (India) IPO is ₹ 55 per share.
- What are the bidding dates for the Sylvan Plyboard (India) IPO?The Sylvan Plyboard (India) IPO will open for bidding on 24 Jun 2024 and close on 26 Jun 2024.
- What is the allotment date for the Sylvan Plyboard (India) IPO?The allotment date for the Sylvan Plyboard (India) IPO is 27 Jun 2024.
- What is the listing date for the Sylvan Plyboard (India) IPO?The listing date for the Sylvan Plyboard (India) IPO is 01 Jul 2024.
- What is the Sylvan Plyboard (India) IPO grey market premium?The grey market premium (GMP) for the Sylvan Plyboard (India) IPO is currently at ₹27, with an expected listing gain of approximately 49.09%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.