Subscription Status · Jun 24 – Jun 26, 2024 · ₹55–55
The Sylvan Plyboard (India) IPO subscription has recorded exceptional investor demand with an overall subscription of 79.82× as of Jun 26, 2024, indicating that investors applied for 79.82 times the number of shares on offer. All investor categories (institutional, HNI, and retail) have participated actively, making this one of the closely watched IPO openings.
Last updated: Jun 26, 2024, 11:15 AM IST
| Category | Shares Offered | Shares Bid For | Times Subscribed | Applications |
|---|---|---|---|---|
|
NII
Non-Institutional Investors
|
2,422,000 | 182,909,440 |
75.52×
|
- |
|
Individual
Individual Investors
|
2,422,000 | 203,714,420 |
84.11×
|
- |
|
Total
|
4,844,000 | 386,623,860 |
79.82×
|
- |
How subscription built up across investor categories over time
Snapshot of each day's bidding activity
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| NII | 2,422,000 | 2,252,460 | 0.93× | - |
| Individual Investors | 2,422,000 | 6,587,840 | 2.72× | - |
| Total | 4,844,000 | 8,840,300 | 1.83× | - |
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| NII | 2,422,000 | 8,355,900 | 3.45× | - |
| Individual Investors | 2,422,000 | 35,676,060 | 14.73× | - |
| Total | 4,844,000 | 44,031,960 | 9.09× | - |
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| NII | 2,422,000 | 182,909,440 | 75.52× | - |
| Individual Investors | 2,422,000 | 203,714,420 | 84.11× | - |
| Total | 4,844,000 | 386,623,860 | 79.82× | - |
As of June 26, 2024, the Sylvan Plyboard (India) IPO has been subscribed 79.82 times overall. The IPO is fully subscribed with strong investor demand indicating extremely high interest.
The Sylvan Plyboard (India) IPO subscription window was open from June 24, 2024 to June 26, 2024. Investors could apply through their demat account or ASBA facility.
The Sylvan Plyboard (India) IPO has a price band of ₹55 to ₹55 per share, with a lot size of 2,000 shares. Minimum retail investment: ₹110,000 (lower band) or ₹110,000 (upper band).
Overall NII: 75.52×. NII includes HNIs and corporate entities investing above ₹2 lakh.
Basis of allotment is on June 27, 2024. Check via the registrar's website, Bigshare Services Private Limited using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.
Sylvan Plyboard (India) IPO is expected to list on July 01, 2024. Shares will list on NSE SME platform. Allotted shares are credited to your demat account 1 business day before listing.
A subscription multiple of 79.82× means investors have bid for 79.82 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.
Based on the current retail subscription of data pending, the estimated allotment probability for retail investors is Low. Lottery-based; ~1 lot if allotted. If final subscription stays below 1×, all applicants are likely to get full allotment.
You can apply for Sylvan Plyboard (India) IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Jun 24 to Jun 26, 2024.
The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Sylvan Plyboard (India) IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.
New to reading subscription numbers? Read our guide on IPO subscription explained.
Subscription Opens Done
Jun 24, 2024Subscription Closes Done
Jun 26, 2024Basis of Allotment Done
Jun 27, 2024Listing on NSE Done
Jul 01, 2024Lottery-based; ~1 lot if allotted.
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Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.