Sylvan Plyboard made a Strong Start, IPO Subscribed 1.67 Times on Day One

Sylvan Plyboard (India) Ltd's IPO was subscribed 1.67 times on day one, showcasing robust investor interest and optimism surrounding its market debut.
Sylvan Plyboard made a Strong Start, IPO Subscribed 1.67 Times on Day One

Sylvan Plyboard (India) Ltd IPO garnered a subscription rate of 1.67 times on its first day. This shows strong investor interest in the company’s IPO during the initial subscription phase, reflecting optimism about its market debut.

How To Check Sylvan Plyboard IPO Subscription Status?

Steps to check the IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the Sylvan Plyboard Limited IPO to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Sylvan Plyboard IPO Allotment Status

The allotment date for the Sylvan Plyboard IPO is set for June 27, 2024, with shares priced at a range of ₹55 per share and a face value of ₹10. The offering consists of lots of 2000 shares, with bids accepted for these lots or their multiples. 

Sylvan Plyboard IPO Limited IPO Listing Date 

Sylvan Plyboard IPO is expected to be listed on the NSE SME on July 1, 2024.

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