Sylvan Plyboard (India) Ltd - IPO

Sylvan Plyboard (India) Ltd IPO Details

Initial public offer of 51,00,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Sylvan Plyboard (India) Limited (the Company or the Issuer) for cash at a price of Rs. 55/- per equity share, including a share premium of Rs. 45/- per equity share (the Issue Price), aggregating to Rs. 28.05 crores (The Issue), of which 2,56,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 55/- per equity share, aggregating to Rs. 1.41 crores will be reserved for subscriptions by the market maker to the issue (the Market Maker Reservation Portion). The issue less market maker reservation portion i.e. issue of 48,44,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 55/- per equity share, aggregating to Rs. 26.64 crores is here in after referred to as the Net Issue. The issue and the net issue will constitute 26.32% and 25.00% respectively of the post issue paidup equity share capital of the company.

Objective of issue

Funding the Working Capital Requirements of the Company. General Corporate Purposes.

Sylvan Plyboard (India) Ltd Contact Details

Sylvan Plyboard (India) Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - cs@sylvanply.com

Website - www.sylvanply.com