SYLVAN PLYBOARD (INDIA) Limited IPO GMP

SYLVAN PLYBOARD (INDIA) LIMITED, is synonymous with trust and reliability, offering the best plywood and blockboard in India. With a legacy of over 70 years, they take pride in delivering high-performance commercial plywood to their valued customers.

Sylvan Ply IPO, a Fixed Price issue amounting to ₹28.05 crores, consisting entirely of a fresh issue of 51 lakh shares. The subscription period for the Sylvan Ply IPO opens on June 24, 2024, and closes on June 26, 2024. The allotment is expected to be finalized on or about Thursday, June 27, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Monday,1st July, 2024.

The price of Sylvan Ply IPO is set at ₹55 equity per share, with a minimum lot size of 2000 shares. Retail investors are required to invest a minimum of ₹110,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (4000 shares), amounting to ₹220,000.

FINSHORE MANAGEMENT SERVICES LIMITED is the book-running lead manager, BIGSHARE SERVICES PRIVATE LIMITED is the registrar. BLACK FOX FINANCIAL PRIVATE LIMITED is the market maker for Sylvan Plyboard IPO.

Sylvan Plyboard IPO GMP Today
The Grey Market Premium is expected in the range of ₹30 - ₹35 based on the financial performance and live subscription status of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Sylvan Plyboard IPO Live Subscription Status
As of 04:49 PM on 25 June 2024, the Sylvan Plyboard IPO live subscription status shows that the IPO subscribed 6.97 times on the day 2 itself. Check the Sylvan Plyboard IPO Live Subscription Status Today at NSE

Sylvan Plyboard IPO Allotment Status
Sylvan Plyboard IPO allotment date is 27 June 2024, Wednesday. Sylvan Plyboard IPO Allotment will be out on 27th June 2024 and will be live on Registrar Website. Check Sylvan Plyboard IPO Allotment Status here. Here's how you can check the allotment status
- Navigate to the IPO allotment status page.
- Select Sylvan Plyboard from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Sylvan Plyboard (India) Limited

Sylvan Plyboard Issue Proceeds from the Fresh Issue will be utilized towards the following objects :
A. Funding Capital Expenditure towards purchase of additional plant and machinery
B. To meet the Working Capital Requirements
C. To meet the Issue Expenses
D. General Corporate Purposes

Refer to Sylvan Plyboard (India) Limited RHP for more details about the Company.