
Information Technology · NSE / BSE
Cyient DLM Limited, incorporated in 1993, provides Electronic Manufacturing Services (EMS) and solutions, offering both Build to Print (B2P) and Build to Specification (B2S) services. In B2P, clients provide the product design, and Cyient DLM delivers agile and flexible manufacturing, while in B2S, the company designs and manufactures products based on client specifications. Their offerings include printed circuit board assembly (PCBA), cable harnesses, and box builds, which are used in safety-critical systems such as cockpits, inflight systems, landing systems, and medical diagnostic equipment. The company serves notable clients including Honeywell International, Thales Global Services, ABB, Bharat Electronics, and Molbio 152 Diagnostics.
Price Band
₹250 – ₹265
Issue Size
₹592 Cr
Lot Size
56 shares
GMP
+50.9%
Est. Listing
₹400
at current GMP
Subscribed
67.30x
overall
Open
27 Jun 2023
Close
30 Jun 2023
Allotment
5 Jul 2023
Refund
6 Jul 2023
Demat Credit
7 Jul 2023
Listing
10 Jul 2023
Overall Subscription
67.30x
Total Demand
QIB Multiplier
90.44x
Institutions & Funds
NII / HNI
45.05x
High Net-Worth
Retail (RII)
49.20x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 6,924,000 | 626,237,360 | 90.44x |
| NIB | 3,462,000 | 155,961,680 | 45.05x |
| HNIs(10L +) | 2,308,000 | 109,907,840 | 47.62x |
| HNIs (2-10L) | 1,154,000 | 46,053,840 | 39.91x |
| RETAIL | 2,308,000 | 113,553,048 | 49.20x |
| EMPLOYEES | 638,297 | 1,565,088 | 2.45x |
| Total | 16,794,297 | 1,053,278,856 | 67.30x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 139,623 | 6,869,452 | 49.20x |
| HNIs (10L +) | 893 | 40,230 | 45.05x |
| HNIs (2-10L) | 4,274 | 192,544 | 45.05x |
| Total Applications | 144,790 | 7,102,226 | 49.05x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Cyient DLM Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹592 Crores. The shares are offered at a price band of ₹250 to ₹265 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 56 shares (approx. ₹14,840 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-07-07, while un-allotted funds or UPI block mandates will be released on 2023-07-06.
The latest Grey Market Premium (GMP) for Cyient DLM Limited IPO is ₹135 per equity share. Based on the upper price band of ₹250 to ₹265 per equity share, the estimated listing price is ₹400 (+50.9% expected listing gain).
With a lot size of 56 shares and current GMP of ₹135, the expected profit per application lot is approx ₹7,560 (+50.9% gain). Minimum application cost is approx ₹14,840.
The Cyient DLM Limited IPO aggregate issue size is ₹592 Crores with an equity price band set at ₹250 to ₹265 per equity share. The retail lot size is 56 shares requiring a minimum capital outlay of approx. ₹14,840.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 67.30x (Retail: 49.20x, QIB: 90.44x, NII: 45.05x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2023-07-05. Investors can verify status using PAN card or application number.
Cyient DLM Limited shares are scheduled to list on NSE and BSE on 2023-07-10.