Sylvan Plyboard IPO vs Visaman Global Sales IPO

Comparision between Sylvan Plyboard IPO and Visaman Global Sales IPO.

IPO Details

Sylvan Plyboard IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Visaman Global Sales IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Sylvan Plyboard IPO	Visaman Global Sales IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Finshore Management Services Limited	Shreni Shares Limited
Registrar	Bigshare Services Pvt Ltd	Link Intime India Private Ltd
Market Maker	Black Fox Financial Private Limited	Shreni Shares Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Sylvan Plyboard IPO is up to ₹28.05 Cr whereas the issue size of the Visaman Global Sales IPO is up to ₹16.05 Cr. The final issue price of Sylvan Plyboard IPO is ₹55.00 per share and of Visaman Global Sales IPO is ₹43.00 per share.

	Sylvan Plyboard IPO	Visaman Global Sales IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹55.00 per share	₹43.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	3000 shares
Fresh Issue Size	51,00,000 shares	37,32,000 shares
Fresh Issue Size (Amount)	up to ₹28.05 Cr	up to ₹16.05 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	51,00,000 shares	37,32,000 shares
Issue Size Total (Amount)	up to ₹28.05 Cr	up to ₹16.05 Cr

IPO Timetable

Sylvan Plyboard IPO opens on Jun 24, 2024, while Visaman Global Sales IPO opens on Jun 24, 2024. The closing date of Sylvan Plyboard IPO and Visaman Global Sales IPO is Jun 26, 2024, and Jun 26, 2024, respectively.

	Sylvan Plyboard IPO	Visaman Global Sales IPO
Anchor Bid Date
Issue Open	Jun 24, 2024	Jun 24, 2024
Issue Close	Jun 26, 2024	Jun 26, 2024
Basis Of Allotment (Tentative)	Jun 27, 2024	Jun 27, 2024
Initiation of Refunds (Tentative)	Jun 28, 2024	Jun 28, 2024
Credit of Share (Tentative)	Jun 28, 2024	Jun 28, 2024
Listing date (Tentative)	Jul 01, 2024	Jul 01, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Sylvan Plyboard IPO P/E ratio is 22.25, as compared to Visaman Global Sales IPO P/E ratio of 38.25.

Sylvan Plyboard IPO

Visaman Global Sales IPO

Financial

Sylvan Plyboard (India) Ltd Financial Information (Restated)

Sylvan Plyboard (India) Ltd's revenue increased by 15.17% and profit after tax (PAT) rose by 15.57% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	21,726.74	20,398.47	18,142.32	16,550.83
Revenue	16,193.24	19,915.32	17,292.63	11,028.91
Profit After Tax	447.98	352.85	305.31	37.09
Net Worth	9,456.77	8,811.78	8,283.26	7,977.95
Reserves and Surplus	8,029.28	7,882.14	7,374.05	7,068.74
Total Borrowing	6,454.53	5,500.55	4,579.24	4,701.16
Amount in ₹ Lakhs

Visaman Global Sales Limited Financial Information (Restated)

Visaman Global Sales Limited's revenue increased by 16.04% and profit after tax (PAT) rose by 19.72% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	8,001.69	5,863.95	3,982.42	2,727.20
Revenue	20,691.39	37,605.01	32,407.29	13,636.19
Profit After Tax	101.61	113.33	94.66	33.47
Net Worth	1,095.31	993.70	660.38	565.72
Reserves and Surplus	395.31	293.70	180.38	85.72
Total Borrowing	5,690.85	4,345.69	1,386.10	710.34
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.80%

100.00%

Promoter Shareholding (Post-Issue)

71.23%

72.98%

P/E Ratio

22.25

38.25

Market Cap

₹106.56 Cr.

₹59.39 Cr.

ROE

4.90%%

9.28%%

ROCE

7.56%%

8.02%%

Debt/Equity

0.68

5.2

EPS

₹2.47

₹1.12

RoNW

4.74%%

9.28%%

Shares Offered

In the Sylvan Plyboard IPO retail investors (RII) are offered 24,22,000 shares while in Visaman Global Sales IPO retail investors are offered 24,22,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Sylvan Plyboard IPO and 0 shares in Visaman Global Sales IPO.

	Sylvan Plyboard IPO	Visaman Global Sales IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,56,000 shares	1,92,000 shares
QIB	0 shares	0 shares
NII	24,22,000 shares	17,70,000 shares
RII	24,22,000 shares	17,70,000 shares
Employee	0 shares	0 shares
Others
Total	48,44,000 shares	35,40,000 shares

Bids Received (Subscription)

Sylvan Plyboard IPO subscribed 84.03x in total, whereas Visaman Global Sales IPO subscribed 42.20x.

	Sylvan Plyboard IPO	Visaman Global Sales IPO
QIB (times)
NII (times)	75.42x	28.12x
Big NII (times)
Small NII (times)
RII (times)	84.11x	51.54x
Employee (times)
Other (times)
Total (times)	84.03x	42.20x

Compare with others

Sylvan Plyboard IPO	Visaman Global Sales IPO
Nephro Care India IPO	Ganesh Green Bharat IPO
Diensten Tech IPO	Effwa Infra and Research IPO
Visaman Global Sales IPO	Ambey Laboratories IPO
Mason Infratech IPO	Nephro Care India IPO
Petro Carbon and Chemicals IPO	Diensten Tech IPO
Shivalic Power Control IPO	Mason Infratech IPO
Divine Power IPO	Petro Carbon and Chemicals IPO
The Money Fair IPO	Sylvan Plyboard IPO
Winny Immigration IPO	Shivalic Power Control IPO
Medicamen Organics IPO	Divine Power IPO

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