
Materials / Building Materials · NSE
Sylvan Plyboard (India) Ltd, incorporated in 2002, is a leading manufacturer of wood products, including plywood, block boards, flush doors, veneer, and sawn timber, available in various grades and thicknesses. The company ensures adherence to Bureau of Indian Standards (BIS) certifications such as IS 303:1989, IS 710:2010, and IS 2202:1999, alongside ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications, highlighting its commitment to quality, environmental sustainability, and workplace safety. Operating from a state-of-the-art manufacturing facility in Hooghly, West Bengal, Sylvan Plyboard caters to industries like construction, real estate, interior decor, shipping, aviation, education, and government infrastructure projects. With a network of 223 authorized dealers across 13 states and a workforce of 817 employees as of June 2024, the company is a key player in India's wood product manufacturing sector.
Price Band
₹55
Issue Size
₹28.05 Cr
Lot Size
2000 shares
GMP
+49.1%
Est. Listing
₹82
at current GMP
Subscribed
79.82x
overall
Open
24 Jun 2024
Close
26 Jun 2024
Allotment
27 Jun 2024
Refund
28 Jun 2024
Demat Credit
29 Jun 2024
Listing
1 Jul 2024
Designated Registrar: Bigshare Services Private Limited
Allotment Date
27 Jun 2024
Basis finalization
Refunds Initiate
28 Jun 2024
Mandate release
Demat Credit
29 Jun 2024
Shares in demat
Listing Debut
1 Jul 2024
Trading begins
Sylvan Plyboard (India) Limited is bringing an initial public offering (IPO) in the Materials / Building Materials sector with an aggregate issue size of ₹28.05 Crores. The shares are offered at a price band of ₹55 to ₹55 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,10,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-06-29, while un-allotted funds or UPI block mandates will be released on 2024-06-28.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.