IPO Price Range: ₹55 - 55
Min Investment
₹1,10,000
IPO Size
₹28 Cr
IPO Status
Quantity in 1 Lot
2000
Max Bid allowed
1
Listing Exchange
NSE
Bid Opening Date | 24 Jun 2024 |
Bid Closing Date | 26 Jun 2024 |
Allotment Date | 27 Jun 2024 |
Issue Size | ₹28.05Cr |
Quantity in 1 lot | 2000 |
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.
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.
Investors | Holdings % |
Anand Kumar Singh | 0.87% |
Singh Suppliers Pvt Ltd | 72.69% |
Jai Prakash Singh | 16.01% |
Shakumtala Singh | 5.74% |
Kalyani Singh | 1.37% |
Organisation | Sylvan Plyboard (India) Ltd |
Headquarters | Hooghly |
Industry | Miscellaneous |