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Sylvan Plyboard (India) Limited IPO

Sylvan Plyboard (India) Limited was a SME IPO in the Plywood Boards/ Laminates sector, offered at ₹55–₹55 per share to raise ₹28 crore. It listed on 1 Jul 2024 at ₹66 and closed its first day at ₹69, a listing gain of +26.0% versus the ₹55 issue price. It now trades around ₹42 (-23.6% versus the issue price).

Frequently asked questions

What were the Sylvan Plyboard (India) Limited IPO listing gains?
Sylvan Plyboard (India) Limited listed on 1 Jul 2024 at ₹66, closing its first day at ₹69 — a listing gain of +26.0% versus the ₹55 issue price.
What was the price band and lot size of the Sylvan Plyboard (India) Limited IPO?
The price band was ₹55–₹55 per share, with a minimum lot of 2,000 shares (₹1,10,000 at the upper band).
Who were the registrar and lead manager for the Sylvan Plyboard (India) Limited IPO?
Bigshare Services Private Limited was the registrar, and Finshore Management Services was the book-running lead manager.