Sylvan Plyboard (India) Ltd

About the company

## **About Sylvan Plyboard (India) Ltd** Incorporated in 2002, Sylvan Plyboard (India) Ltd is engaged into manufacturing of various wood products such as plywood, block board, flush door, veneer and sawn timber across various grades and thickness. They have more than 12 numbers of plywood products in their basket, thickness ranging from 4 mm to 40 mm. They offer Boiling Water Proof (BWP) and Boiling Water Resistant (BWR) plywood. Their range of plywood products caters to various customers across various segments.  The company is promoted by Anand Kumar Singh who has an experience of more than 25 years in the timber and related industry. They are dedicated to constantly expanding and updating their product range in order to stay ahead in the market. The company has 223 Authorized Dealers present across 13 states. Their manufacturing facility has been strategically located in proximity to Kolkata Port Trust leading to easier imports. The facility has an integrated manufacturing process in which entire activity of the production process is carried out in-house avoiding the dependency on third parties for the manufacturing activity. The manufacturing facility has sufficient number of ponds for moisturising timber logs, in-house resin/glue production unit, thermic fluid heater unit, laboratory among other facilities which ensures cost minimization and in-house production of entire product range. Their strength has been the quality and the diverse range of products which they offer to their customers, since they procure timber logs themselves, they ensure that the quality of logs procured which ultimately defines the quality of finished products is maintained. The company has been upgrading the machineries in its facility on certain intervals with a view of achieving better operational efficiency.They believe role of management is equally important as that of their employees for growth of their business, and accordingly they have placed an experienced management team to look after various facets of operations. Further, their management team comprises of individuals having adequate experience in their respective fields. Sylvan Plyboard (India) Ltd Prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives: 1.  Funding Capital Expenditure towards purchase of additional plant and machinery  1.  Working Capital Requirements  1.  Issue Related Expenses  1.  General Corporate Expenses

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   24 Jun 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   26 Jun 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   26 Jun 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   28 Jun 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   27 Jun 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   01 Jul 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.