Cyient DLM to list on NSE, BSE on July 10

Hyderabad: Cyient DLM Ltd, which wrapped up its initial public offering (IPO) on June 30, 2023, with an overall subscription of 67.3 times, will be listing on the National Stock Exchange as well as the Bombay Stock Exchange on July 10, 2023.The IPO received around 16.9 lakh applications and attracted a subscription of 27,911 crore as against the public issue non-anchor size of 409 crore. The total IPO size was 592 crore.Cyient DLM had allotted 259.6 crore to 20 anchor investors a day prior to the IPO on June 27.As per BSE, the QIB portion of the IPO was over-subscribed 90.4 timeswhile NII was subscribed 45 times and the retail investor portion was subscribed over 49 times.tnn