Cyient DLM Limited IPO
Cyient DLM Limited was a mainboard IPO in the Aerospace & Defense sector, offered at ₹250–₹265 per share to raise ₹260 crore. The issue was subscribed 67.31× overall (QIBs 90.44×, NIIs 45.05×, retail 49.22×). It listed on 10 Jul 2023 at ₹403 and closed its first day at ₹421, a listing gain of +58.7% versus the ₹265 issue price. It now trades around ₹750 (+183.1% versus the issue price).
Frequently asked questions
- How many times was the Cyient DLM Limited IPO subscribed?
- The Cyient DLM Limited IPO was subscribed 67.31× overall — 90.44× in the QIB category, 45.05× among non-institutional investors, 49.22× in retail.
- What were the Cyient DLM Limited IPO listing gains?
- Cyient DLM Limited listed on 10 Jul 2023 at ₹403, closing its first day at ₹421 — a listing gain of +58.7% versus the ₹265 issue price.
- What were the retail allotment odds for the Cyient DLM Limited IPO?
- Retail was subscribed 52.4×, so a single-lot application had roughly a 1.9% chance of allotment (about 1 in 52), and allotment was finalised on 4 Jul 2023.
- What was the price band and lot size of the Cyient DLM Limited IPO?
- The price band was ₹250–₹265 per share, with a minimum lot of 56 shares (₹14,840 at the upper band).
- Who were the registrar and lead manager for the Cyient DLM Limited IPO?
- KFin Technologies Limited was the registrar, and Axis Capital was the book-running lead manager.