Sylvan Plyboard (India) Share Price

Sylvan Plyboard (India) Limited was originally incorporated as Singh Brothers Exim Private Limited on August 20, 2002 at Kolkata, West Bengal. The Company acquired the business of M/s. Singh Brothers Co., a proprietorship concern on January 01, 2004, which later on changed to Sylvan Plyboard (India) Private Limited on March 05, 2013. Subsequently, Company converted into Public Limited and name of Company was changed to Sylvan Plyboard (India) Ltd vide a fresh Certificate of Incorporation dated June 19, 2018 issued by the RoC, West Bengal. The Company is engaged into manufacturing of various wood products such as veneer, sawn timber, plywood, block board, flush door and flexi door across various grades and thickness.In year 1971, Jai Prakash Singh, Promoter through his proprietorship concern, M/s. Singh Brothers Co., started the business of a trading concern of indigenous timber logs through imports and selling the same in Indian market. In 2004, the Company expanded activities in manufacturing by setting up an integrated manufacturing facility in Baidyabati, West Bengal for which entire land was acquired over a period of year 20092012. The Company offer Boiling Water Proof (BWP) and Boiling Water Resistant (BWR) plywood. The range of plywood products cater majorly in household, ship building and office area. Sylvan Z+ is the most premium plywood product of the Company amongst other offerings in premium segment. It has recently added another product to the portfolio with the name, Sylvan Blu on addressing the growing demand of cheaper plywood and their alternatives. The manufacturing facility set up in 2009 has been strategically located to Kolkata Port Trust leading to easier imports. The facility has an integrated manufacturing process through which the entire activity of production process is carried out inhouse avoiding dependency for the process. Recently, it replaced old pressing machine with newer machine having expanded pressing capacity costing Rs 0.25 crores. Company raised money from public through IPO by issuing 51,00,000 equity shares aggregating a fresh issue of Rs 28.05 Crore in June, 2024.The Company undertook a manufacturing unit by integrating high tonnage pressing and drying machines into the production processes in 2025. A 30Delight Hot Press was commissioned in March 2025, increasing installed capacity to 22.41 lakh sq. mtrs. from 20.54 lakh sq. mtrs in 2024.