31 Mar 2021
Assets165.51
Total Income110.29
Profit After Tax0.37
NET Worth79.78
Reserves and Surplus70.69
Total Borrowing47.01
At a glance
Updated 2026-09-13The shares listed at ₹66.00, a 20.00% move from the issue price. Sylvan Plyboard is a SME IPO with an issue size of ₹28.05 crore, proposed for listing on NSE SME. The offer opens on 24th Jun 2024 and closes on 26th Jun 2024. The issue structure includes a fresh issue of ₹26.64 crore. The current listing schedule points to 1st Jul 2024.
Issue details
Listing atNSE SME
Issue typeFixed Price Issue
Issue size₹28.05 Cr
Fresh issue₹26.64 Cr
Face value₹10
Price band—–—
Allotment27th Jun 2024
Listing1st Jul 2024
Listing performance
Full performance ↗Issue price₹55.00
Listing price₹66.00
Current price—
Listing gain20.00%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹27.00
GMP / upper priceNO DATA
Est. listing₹82.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens24th Jun 2024
Closes26th Jun 2024
Allotment27th Jun 2024
Refund28th Jun 2024
Demat28th Jun 2024
Listing1st Jul 2024
Subscription demand
Full bidding ↗Total79.76×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 2000 | — |
Company
Incorporated2002
Use of proceeds
| Object | Amount |
|---|---|
| Funding Capital Expenditure towards purchase of additional plant and machinery | ₹3.71 Cr |
| Working Capital Requirements | ₹16.93 Cr |
| Issue Related Expenses | ₹3.10 Cr |
| General Corporate Expenses | ₹4.30 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue161.93₹ Cr · -18.7% vs prior year
PAT4.48₹ Cr · +26.9% vs prior year
Assets217.27₹ Cr · +6.5% vs prior year
Net Worth94.57₹ Cr · +7.3% vs prior year
Borrowing64.55₹ Cr · +17.3% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2022
Assets181.42
Total Income172.93
Profit After Tax3.05
NET Worth82.83
Reserves and Surplus73.74
Total Borrowing45.79
31 Mar 2023
Assets203.98
Total Income199.15
Profit After Tax3.53
NET Worth88.12
Reserves and Surplus78.82
Total Borrowing55.01
31 Dec 2023
Assets217.27
Total Income161.93
Profit After Tax4.48
NET Worth94.57
Reserves and Surplus80.29
Total Borrowing64.55
KPIs
| KPI | Dec 31, 2023 |
|---|---|
| ROE | 4.90% |
| ROCE | 7.56% |
| Debt / Equity | 0.68% |
| RoNW | 4.74% |
| PAT Margin | 2.77% |
| Price to Book Value | 0.83 |
Valuation & shareholding
Pre-IPO EPS2.47
Post-IPO EPS3.08
Pre-IPO P/E22.25
Post-IPO P/E17.84
Promoter holding pre99.8%
Promoter holding post71.23%
Market cap₹106.56 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Sylvan Plyboard (India) IPO | — | 17.84 x | — | — |
| Liotech Industries IPO | — | 17.11 x | — | — |
| Manilam Industries IPO | — | 23.85 x | — | — |
| Rexpro Enterprises IPO | — | 21.04 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Lead Manager Fees, Underwriting commission, including other intermediaries Fees, Printing and distribution of Issue Stationary | ₹0.98 Cr |
| Regulators Including Stock Exchanges | ₹0.16 Cr |
| Advertising and Marketing Expenses | ₹1.96 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Finshore Management Services Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-13.
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