The company's public issue has been oversubscribed by 1.65 times.
"We believe the listing will enhance our corporate image and also brand visibility," Dhabriya Polywood Managing Director Digvijay Dhabriya said in a statement here.
The company intends to utilise the issue proceeds to fund expansion plans, set up polywood application centres in Rajasthan, meet expenses and for other corporate purposes, the release added.