The Cyient DLM IPO commenced on June 27, 2023, and concluded on June 30, 2023. The allotment of shares took place on July 05, 2023, and the initiation of refunds began on July 06, 2023. The shares were credited to the demat accounts of investors on July 07, 2023. Finally, the listing of Cyient DLM on the stock exchange occurred on July 10, 2023.
The Cyient DLM IPO was priced at ₹250 to ₹265 per share, with a lot size of 56. The total issue size was ₹592 crores, comprising a fresh issue of ₹592 crores. The IPO was listed on both the NSE and BSE.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 75% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 10% of the shares.
Cyient DLM IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| 10 July 2023 | ₹135 | 50.94% | – | – |
| 9 July 2023 | ₹158 | 59.62% | – | – |
| 8 July 2023 | ₹158 | 59.62% | – | – |
| 7 July 2023 | ₹158 | 59.62% | – | – |
| 6 July 2023 | ₹120 | 45.28% | – | – |
| 5 July 2023 | ₹124 | 46.79% | – | – |
| 4 July 2023 | ₹126 | 47.55% | – | – |
| 3 July 2023 | ₹123 | 46.42% | – | – |
| 2 July 2023 | ₹123 | 46.42% | – | – |
| 1 July 2023 | ₹125 | 47.17% | – | – |
| 30 June 2023 | ₹108 | 40.75% | – | – |
| 29 June 2023 | ₹108 | 40.75% | – | – |
| 28 June 2023 | ₹105 | 39.62% | – | – |
| 27 June 2023 | ₹96 | 36.23% | – | – |
| 26 June 2023 | ₹98 | 36.98% | – | – |
Cyient DLM Limited was established in 1993 and specializes in providing Electronic Manufacturing Services (EMS) and solutions.
The company offers different types of Electronic Manufacturing Services, such as Build to Print (B2P) and Build to Specification (B2S) solutions. In B2P, clients give their product design to Cyient DLM, and the company provides flexible manufacturing services. On the other hand, B2S involves designing the product according to client specifications and managing the manufacturing process.
Cyient DLM’s solutions mainly focus on:
- Assembling printed circuit boards (PCBs)
- Creating cable harnesses
- Building boxes for critical systems like cockpits, inflight systems, landing systems, and medical diagnostic equipment.
The company serves a wide range of clients, including well-known companies like Honeywell International Inc. (Honeywell), Thales Global Services S.A.S (Thales), ABB Inc, Bharat Electronics Limited, Molbio 152 Diagnostics Private Limited, and more.
Cyient DLM IPO More Details Click Here
