Fixed Price FPO | ₹[.] Cr | Listing at NSE SME |
Sylvan Plyboard (India) Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on March 21, 2026 to raise funds through Follow on Public Offer (FPO) .
Sylvan Plyboard (India) Ltd. IPO is a Fixed Price Issue consisting solely of fresh issue of upto 0.55 crore equity shares.
The equity shares are proposed to be listed on the NSE SME. Finshore Management Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Sylvan Plyboard India FPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price FPO |
| Listing At | NSE SME |
| Total Issue Size | 55,00,000 shares (agg. up to ₹[.] Cr) |
| Reserved for Market Maker | 2,76,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue (Ex Market Maker) | 52,24,000 shares (agg. up to ₹[.] Cr) |
| Net Offered to Public | 52,24,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 1,93,74,830 shares |
| Share Holding Post Issue | 2,48,74,830 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Sat, Mar 21, 2026 |
Sylvan Plyboard (India) Ltd. is a wood products manufacturing company. The company manufactures products like plywood, block boards, flush doors, veneer, and sawn timber under the brand name “Sylvan Ply.” These products are used in industries such as construction, furniture, interiors, and infrastructure.
It has a large manufacturing facility near Kolkata, which handles the entire production process in-house. It focuses on quality, using certified standards and modern machinery, along with its own testing and research lab.
Sylvan Ply sells its products across 15 states in India through a network of over 400 dealers, offering a wide range of products for different customer needs and budgets.
Competitive strengths
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 259.70 | 262.26 | 217.58 | 203.98 |
| Total Income | 121.07 | 243.51 | 224.88 | 199.15 |
| Profit After Tax | 3.75 | 6.90 | 6.09 | 3.53 |
| EBITDA | 11.06 | 21.06 | 18.17 | 13.12 |
| NET Worth | 128.92 | 125.17 | 96.18 | 88.12 |
| Reserves and Surplus | 109.55 | 105.79 | 81.91 | 78.82 |
| Total Borrowing | 69.60 | 63.46 | 54.74 | 55.01 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 23.93 |
| 2 | Repayment and/or pre-payment, in full or part, of certain borrowings | 3.25 |
| 3 | General Corporate Expenses | |
| Total | 27.18 |
| KPI | Sep 30, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 2.96% | 6.23% |
| ROCE | 6.11% | 11.65% |
| Debt/Equity | 0.54 | 0.51 |
| RoNW | 2.91% | 5.51% |
| PAT Margin | 3.10% | 2.83% |
| EBITDA Margin | 9.19% | 8.70% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 73.68% |
Lead Manager Reports
Sylvan Plyboard India FPO is a SME FPO of 55,00,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Sylvan Plyboard India FPO open and close dates are not available as of now.
Bigshare Services Pvt.Ltd. is the registrar for the FPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Sylvan Plyboard India FPO using UPI as a payment gateway. Zerodha customers can apply in Sylvan Plyboard India FPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Sylvan Plyboard India FPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Sylvan Plyboard India FPO dates are not announced. Please check back again after some time.
Sylvan Plyboard India FPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Sylvan Plyboard India FPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Sylvan Plyboard India FPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Sylvan Plyboard India FPO allotment status.
The Sylvan Plyboard India FPO listing date is not yet announced. The tentative date of listing is .
