On the last day of bidding for Sylvan Plyboard IPO, the total subscription reached 84.03 times, with retail investors subscribing to the issue 84.11 times and 'others' category investors subscribing 75.42 times, as per chittogarh.com.
The IPO aims to raise Rs 28.05 crore through a fixed price issue. The IPO which opened for bidding from June 24 to June 26, involved issuing 51 lakh new shares at Rs 55 per share. Investors needed to buy at least 2000 shares, requiring a minimum investment of Rs 1,10,000 for retail investors.
The allotment for Sylvan Plyboard IPO will be finalised on Thursday, June 27.
Investors can check Sylvan Plyboard IPO allotment status on Bigshare Services Pvt Ltd, the registrar for the issue.
How to check Sylvan Plyboard IPO allotment status on Bigshare Services
Visit the official website of Bigshare Services here: https://www.bigshareonline.com/ipo_Allotment.html
Select any one server to check your IPO Allotment Status.
Choose "Sylvan Plyboard Limited" from the list of companies.
In the Selection Type dropdown, choose either Application number, Beneficiary ID, or PAN ID.
Enter the required information, which could be your application number, PAN (Permanent Account Number), or Beneficiary ID.
Complete the 'captcha' to verify that you are not a robot.
Finally, click the "Search" button to check your allotment status.
Sylvan Plyboard IPO Listing Date
Shares of Sylvan Plyboard Limited are set to be listed on NSE SME on Monday, July 1.
Issue Details
Basis of Allotment: Thursday, June 27
Initiation of Refunds: Friday, June 28
Credit of Shares to Demat: Friday, June 28, 2024
Listing Date: Monday, July 1
About Sylvan Plyboard Limited
Sylvan Plyboard (India) Ltd, established in 2002, manufactures wood products like plywood, block board, flush doors, veneer, and sawn timber. The company has 223 authorised dealers across 13 states in India. Their products meet the quality standards of the Bureau of Indian Standards and they hold ISO certifications for quality, environmental, and occupational health and safety management. Located in Hooghly, West Bengal, their products are used in various industries including shipping, construction, real estate, and more.
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