Plywood Boards/ Laminates IPOs

3 Plywood Boards/ Laminates IPOs have come to market (2024–2026), raising a combined ₹129 crore. They have averaged a -4.0% listing gain (median -13.9%), and 33% closed their debut above the issue price. The strongest debut was Sylvan Plyboard (India) Limited (+26.0%); the weakest was Manilam Industries India Limited (-24.0%).