Sylvan Plyboard IPO Soars, oversubscription by 8.31x on Day 2!

Sylvan Plyboard's IPO continues to attract strong investor attention, with the issue now subscribed 8.31 times by Day 2, showing robust market confidence in the company's prospects.
Sylvan Plyboard IPO Soars, oversubscription by 8.31x on Day 2!

Sylvan Plyboard (India) Ltd IPO continues to attract significant interest, with the issue being subscribed 8.31 times by Day 2. This high subscription rate demonstrates robust investor enthusiasm and confidence in the company’s market position and growth potential.

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 Subscription Status

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.

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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