Cyient DLM IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 592.00 Cr. The company is based in Hyderabad and caters to Electric Equipments sector. Axis Capital , Jm Financial are the merchant bankers of Cyient DLM IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 9th January 2023.
Cyient DLM IPO open date is 27th June 2023 and close date is 30th June 2023. IPO Allotment Date is 4th July 2023 and Listing date is 10th July 2023.Cyient DLM IPO size is ₹ 592.00 Cr. with IPO price of ₹ 265.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Axis Capital Limited is the book-running lead manager of the Cyient DLM IPO. Kfin Technologies Limited is the Registrar for Cyient DLM IPO.
Cyient DLM IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Cyient DLM IPO, based in Hyderabad, operates in the Electric Equipments sector with a focus on electronic manufacturing services and solutions. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Cyient DLM IPO size is ₹ 592.00 Cr. with fresh issue size of ₹ 592.00 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Cyient DLM IPO is expected to be 4th July 2023, after the finalization of basis of allotment. Investors can check Cyient DLM IPO allotment status on the registrars website, Kfin Technologies Limited . Cyient DLM IPO refund dates are 5th July 2023.
Cyient DLM IPO is expected to be listed on 10th July 2023.
The upper price band for the Cyient DLM IPO is set at ₹ 265.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Cyient DLM IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Cyient DLM IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 30th June 2023. After submission, funds are blocked until the basis of allotment of Cyient DLM IPO is finalised.
The merchant banker for Cyient DLM IPO is Axis Capital Limited , Jm Financial Limited . Axis Capital Limited , Jm Financial Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Cyient DLM IPO RHP for further details.
The registrar for Cyient DLM IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Cyient DLM IPO through their official website or helpline.
Cyient DLM IPO was subscribed 71.35 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Cyient DLM IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Cyient DLM Financial Review Page
Merchant Banker(s) of Cyient DLM IPO: Axis Capital Limited , Jm Financial Limited
Cyient DLM IPO subscription was 71.35 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Cyient DLM IPO listed at a listing price of 420.75 against the offer price of 265.00.
The current market price of Cyient DLM is 484.85.
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