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.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
24-Jun-2024
26-Jun-2024
₹ 55.00
₹ 0.00
Minimum Application for shares in Nos : 2000.0
Further Multiples of : 2000.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
24.95
Finshore Management Services Ltd
Project Financed through Current Offer
28.05
Post Issue Equity Share Capital
19.37
Issue Price
₹55.00
Projects
Funding capital expenditure towards purchase of additional plant and machinery