Sylvan Plyboard (India) IPO Allotment Update: After receiving a robust response from investors during the bidding period from June 24 to June 26, attention now turns to the allotment procedure for Sylvan Plyboard.The allotment for the Sylvan Plyboard IPO is expected to be finalised today. Investors can monitor their allotment status through the registrar, Bigshare Services Pvt.
Ltd.With oversubscription in the retail category, shares will be allocated to retail individual investors (RIIs) on a proportional basis. For those who do not receive an allotment, Sylvan Plyboard will commence the refund process for the application money on June 28, 2024.Also Read: Bain Capital-backed Emcure Pharma to float IPO on July 3Concurrently, allotted shares will be credited to investors' demat accounts on the same day following the refund process.
Sylvan Plyboard is an SME IPO, with shares slated to be listed on the NSE SME platform, tentatively scheduled for July 01, 2024.If you have applied for the Sylvan Plyboard IPO, you can check your allotment status on the website of the IPO registrar.Step 1: Use the Bigshare URL, https://ipo.bigshareonline.com/ipo_status.html, to directly input your login details.Step 2: From the list of firms, choose "Sylvan Plyboard IPO."Step 3: Opt for "PAN Number, Beneficiary ID, or Application No./CAF No."Step 4: Simply press "Search."You may view your Sylvan Plyboard IPO on your phone's display or on a computer monitor.Also Read: Multibagger stock declares 1:10 stock split after 220% rally in nine monthsThe company is engaged in the manufacturing of various wood products, such as plywood, block board, flush door, veneer, and sawn timber, across various grades and thickness. The company markets its products
. Read more on livemint.com