Sylvan Plyboard IPO vs The Money Fair IPO

Comparision between Sylvan Plyboard IPO and The Money Fair IPO.

IPO Details

Sylvan Plyboard IPO is a SME Book Built Issue IPO proposed to list at NSE SME while The Money Fair IPO is a SME Book Built Issue proposed to list at NSE SME.

	Sylvan Plyboard IPO	The Money Fair IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Finshore Management Services Limited	Fast Track Finsec Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Skyline Financial Services Private Ltd
Market Maker	Black Fox Financial Private Limited	Nikunj Stock Brokers Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		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 The Money Fair IPO is up to ₹23.11 Cr. The final issue price of Sylvan Plyboard IPO is ₹55.00 per share and of The Money Fair IPO is ₹77.00 per share.

	Sylvan Plyboard IPO	The Money Fair IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹73.00 per share
Issue Price (Upper)		₹77.00 per share
Issue Price (Final)	₹55.00 per share	₹77.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	1600 shares
Fresh Issue Size	51,00,000 shares	30,01,600 shares
Fresh Issue Size (Amount)	up to ₹28.05 Cr	up to ₹23.11 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	51,00,000 shares	30,01,600 shares
Issue Size Total (Amount)	up to ₹28.05 Cr	up to ₹23.11 Cr

IPO Timetable

Sylvan Plyboard IPO opens on Jun 24, 2024, while The Money Fair IPO opens on Jun 25, 2024. The closing date of Sylvan Plyboard IPO and The Money Fair IPO is Jun 26, 2024, and Jun 27, 2024, respectively.

	Sylvan Plyboard IPO	The Money Fair IPO
Anchor Bid Date		Jun 24, 2024
Issue Open	Jun 24, 2024	Jun 25, 2024
Issue Close	Jun 26, 2024	Jun 27, 2024
Basis Of Allotment (Tentative)	Jun 27, 2024	Jul 01, 2024
Initiation of Refunds (Tentative)	Jun 28, 2024	Jul 01, 2024
Credit of Share (Tentative)	Jun 28, 2024	Jul 01, 2024
Listing date (Tentative)	Jul 01, 2024	Jul 02, 2024
Anchor Lockin End date 1		Jul 31, 2024
Anchor Lockin End date 2		Sep 29, 2024

Financials

Sylvan Plyboard IPO P/E ratio is 22.25, as compared to The Money Fair IPO P/E ratio of 13.2.

Sylvan Plyboard IPO

The Money Fair 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

Akiko Global Services Limited Financial Information (Restated)

Period Ended	31 Jan 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,794.91	1,130.87	405.67	234.88
Revenue	2,609.76	3,958.97	1,353.31	610.78
Profit After Tax	321.48	453.26	77.85	22.98
Net Worth	1,403.37	578.40	123.14	45.29
Reserves and Surplus	626.57	574.40	121.14	43.29
Total Borrowing	122.05	95.89	26.13	49.62
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.80%

92.77%

Promoter Shareholding (Post-Issue)

71.23%

66.91%

P/E Ratio

22.25

13.2

Market Cap

₹106.56 Cr.

₹82.93 Cr.

ROE

4.90%%

32.44%%

ROCE

7.56%%

29.23%%

Debt/Equity

0.68

0.09

EPS

₹2.47

₹5.83

RoNW

4.74%%

22.91%%

Shares Offered

In the Sylvan Plyboard IPO retail investors (RII) are offered 24,22,000 shares while in The Money Fair IPO retail investors are offered 24,22,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Sylvan Plyboard IPO and 6,54,400 shares in The Money Fair IPO.

	Sylvan Plyboard IPO	The Money Fair IPO
Anchor Investor Reserveration		8,54,400 shares
Market Maker Reserveration	2,56,000 shares	1,50,400 shares
QIB	0 shares	6,54,400 shares
NII	24,22,000 shares	4,28,800 shares
RII	24,22,000 shares	9,98,400 shares
Employee	0 shares	0 shares
Others
Total	48,44,000 shares	20,81,600 shares

Bids Received (Subscription)

Sylvan Plyboard IPO subscribed 84.03x in total, whereas The Money Fair IPO subscribed 34.96x.

	Sylvan Plyboard IPO	The Money Fair IPO
QIB (times)		10.21x
NII (times)	75.42x	48.05x
Big NII (times)
Small NII (times)
RII (times)	84.11x	45.57x
Employee (times)
Other (times)
Total (times)	84.03x	34.96x

Compare with others

Sylvan Plyboard IPO	The Money Fair IPO
Nephro Care India IPO	Mason Infratech IPO
Diensten Tech IPO	Petro Carbon and Chemicals IPO
Visaman Global Sales IPO	Sylvan Plyboard IPO
Mason Infratech IPO	Shivalic Power Control IPO
Petro Carbon and Chemicals IPO	Divine Power IPO
Shivalic Power Control IPO	Winny Immigration IPO
Divine Power IPO	Medicamen Organics IPO
The Money Fair IPO	EnNutrica IPO
Winny Immigration IPO	Falcon Technoprojects India IPO
Medicamen Organics IPO	Durlax Top Surface IPO

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