Get all the latest vital information related to IPO award status from Cyient DLM, NSE, BSE, GMP Today and Direct Link. Cyient DLM’s IPO award status was declared on 5th July 2023. Cyient DLM is an IT organization which has once again raised Rs 592 Cr through its IPO.
Cyient DLM Initial Public Offering Award Status
Cyient DLM’s IPO award status will be declared on June 5, 2023. The lot size is 56 shares and the price ranges from Rs 250-265. The company plans to raise approx. Rs.592 Cr via IPO, with a fixed price per share of Rs.250 to Rs.265. The IPO will be listed on the NSE and the BSE.
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The IPO bidding closed on June 30, 2023. Award status was declared on July 5, 2023. You can check the status through two processes, BSE and Kfintech, online. In this article, we will try to present the latest vital information related to the IPO award status of Cyient DLM, NSE, BSE, GMP Today and Direct Link. So, stay tuned and keep reading.
Cyient DLM Initial Public Offering Overview
Before we continue, let’s look at the table below to describe the Cyient DLM IPO.
| Name of the company | Scientific DLM |
| Laid on | 1993 |
| Company offers | Electronic manufacturing services. |
| IPO Lot Size | 56 shares per lot |
| Price range | 250 rupees to 265 rupees |
| Bid dates | June 27, 2023 to June 30, 2023 |
| problem size | 592 rupees |
| Link to official website | www.cyient.com |
Cyient DLM IPO Schedule
As the bidding was held from June 27, 2023 to June 30, 2023. Let us now see the complete schedule of the table that is represented below:
| Bid Opening | June 27, 2023 |
| Closure | June 30, 2023 |
| Assignment | 05 July 2023 |
| Start of refunds | 06 July 2023 |
| Share credits to Demat | 07 July 2023 |
| List | July 10, 2023 |
As of now, you are well aware of the Cyient DLM IPO and all the important dates. Let’s learn the steps to inspect Cyient DLM IPO award status.
Steps to Check Cyient DLM IPO Award Status
The assignment status can be checked with the help of two processes. I have provided you with steps for both processes. You can follow them and inspect the status of the assignment.
Check the status of assignments via BSE
Step 1: Visit the BSE portal at https://www.bseindia.com/investors/appli_check.aspx.
Step 2: Now click on Cyient DLM IPO.
Step 3: Complete your Cyient DLM IPO application No.
4th step: Complete the data of your PAN.
Step 5: Now click on the “I am not a robot” button and verify.
Step Six: Finally, press the “Submit” button.
Check the status of the assignment through Kfintech online
Step 1: Visit the Kfintech Portal at https://kosmic.kfintech.com/iposttatus/
Step 2: Now click on Cyient DLM IPO.
Step 3: Complete your Cyient DLM IPO application No.
4th step: Complete the data of your PAN.
Step 5: Now click on the “I am not a robot” button and verify.
Step Six: Finally, press the “Submit” button.
Cyient DLM IPO GMP Today
The IPO is receiving a satisfactory response from investors and has also received positive reviews from critics. Today, Cyient DLM’s IPO gray market premium is Rs 125, which is Rs 5 higher than its Wednesday gray market premium of Rs 120. Today Nifty has reached its record high, and the same goes for Sensex. The Cyient DLM IPO is expected to be listed on Monday, July 10, 2023. The Cyient DLM IPO was subscribed 67.30 times on the last day of subscriptions.
Cyient DLM IPO NSE and BSE
All shares of the company will be listed on Monday, BSE and NSE on July 10, 2023. The company has been gaining commitment from investors. The allotment was made on July 5, 2023 and the listing will take place on July 10, 2023. The price band is an increase of 48 percent over the IPO price band, and investors will benefit from the IPO.
On 3 Jul 2023, the Cyient DLM IPO GMP was Rs 125 and the GMP was Rs 115 on weekends. This increase was due to favorable reviews from market viewers.
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Cyient DLM IPO Subscription Status
| DATE | Qualified Institutional Buyers (QIB) | Non-institutional investors (INI) | Retail Investors | TOTAL |
| June 27, 2023 | 0.03 | 3.80 | 10.62 | 2.85 (times) |
| June 28, 2023 | 0.96 | 11.94 | 25.71 | 8.10 (times) |
| June 30, 2023 | 95.87 | 47.75 | 52.15 | 71.34 (times) |
Frequent questions
Q1. When will Cyient DLM’s IPO award status be announced?
Answer. On July 5, 2023, the award status of Cyient DLM’s initial public offering will be announced.
P2. What is the Cyient DLM IPO lot size?
Answer. The Cyient DLM IPO lot size is 56 shares per lot.
Q3. How to check Cyient DLM IPO award status?
Answer. Award status can be reviewed through two processes. In the previous article, we have shared both ways.
Q4. When will Cyient DLM go public?
Answer. Cyient DLM will be listed on Monday 10 July 2023 on the BSE and NSE.
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