Sylvan Plyboard (India) Ltd IPO
Sylvan Plyboard (India) Ltd IPO Price Range is ₹55 - ₹55, with a minimum investment of ₹1,10,000 for 2000 shares per lot.
Minimum Investment
₹1,10,000
/ 2000 shares
IPO Status
Price Band
₹55 - ₹55
Bidding Dates
Jun 24, 2024 - Jun 26, 2024
Issue Size
₹28.05 Cr
Lot Size
2000 shares
Min Investment
₹1,10,000
Listing Exchange
NSE
Sylvan Plyboard (India) Ltd IPO Application Timeline




Strengths and Risks
Strengths
Established and proven track record.
Leveraging the experience of its Promoters.
Experienced management team and a motivated and efficient work force.
Cordial relations with its customers.
Quality Assurance & Control.
Risks
The Company, Directors, Promoters and Group Companies are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.
If the company is unable to successfully implement its proposed expansion plans; the company results of operations and financial condition could be adversely affected.
The Company is yet to place orders for the machinery for the expansion of the Manufacturing Facility. Any delay in placing orders or procurement of such machinery may delay the schedule of implementation and possibly increase the cost of commencing operations.
The availability of look-alikes, counterfeit products, primarily in its domestic markets, manufactured by other companies and passed off as its products, could adversely affect the company goodwill and results of operations.
The Company maintains high level of inventory for uninterrupted production activities.
Its cost of production is exposed to fluctuations in the prices of raw material prices, particularly Timber.
The Company had negative cash flow in recent fiscals, details of which are given below. Sustained negative cash flow could adversely impact its business, financial condition and results of operations.
The average cost of acquisition of Equity Shares by its Promoters is lower than the Issue Price.
The company has issued Equity Shares in the last 12 (twelve) months at a price which is lower than the Issue Price.
Its Group Companies have incurred losses in the past and may incur losses in the future.
How to Apply for Sylvan Plyboard (India) Ltd IPO on INDmoney
- Download the INDmoney app and complete your KYC.
- Go to INDstocks → IPO, or just search “IPO”.
- Tap on Sylvan Plyboard (India) Ltd IPO from the list of live IPOs.
- View key details like price band, lot size, and dates.
- Tap Apply Now and choose your number of lots.
- Use INDpay UPI for instant mandate tracking.
- Your funds will be blocked until the share allotment is finalized.