Cyient DLM IPO allotment date, Cyient DLM IPO allotment check: The basis of allotment of shares under the IPO of Cyient subsidiary Cyient DLM is set to be finalised today, July 5. Successful bidders will get Cyient DLM shares credited into their demat accounts on July 7, whereas other participants will have refunds initiated the next day. Cyient DLM shares will likely be listed on stock exchanges BSE and NSE on July 10. 

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

The Cyient DLM IPO concluded on June 30 with an overall subscription of 67.3 times the shares on offer, driven by strong demand from different types of investors. 

Category Reservation Subscription
Qualified institutional buyers (QIBs) 75%  
Non-institutional investors (NIIs) 15%  
Retail investors 10%  
Overall 100%  

Cyient DLM IPO: Here's a step-by-step guide on how to check the allotment status 

Those who participated in the Cyient DLM IPO can check the status of their application online in two ways: through the BSE website and through the website of the registrar. 

BSE

Step 1: A bidder is required to visit the official website of the BSE to check the status of the IPO application online. Login at the direct BSE link — bseindia.com/investors/appli_check.aspx

Step 2: Select the option of 'Equity' under 'Issue Type'

Step 3: Select 'Issue Name'. Either enter your application number in the box or provide your PAN detail to proceed further.

Step 4: Click on 'I'm not a robot' and then submit.

The status of your Cyient DLM IPO application status will appear on the screen.

Registrar Kfin Technologies

A bidder is required to log in at the direct KFintech website — kprism.kfintech.com/ipostatus and follow through to check the status of the IPO application online. 

Catch latest minute-by-minute stock market updates here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com.