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cyient dlm ipo subscription status: Cyient DLM IPO continues to garner strong interest on Day 2 Check subscription, GMP & other details

Integrated electronic manufacturing services provider, Cyient DLM, witnessed strong demand for its IPO, with the overall issue being subscribed 4.76 times on the second day. Retail investors showed significant interest with a subscription of 17.10 times, while the demand from qualified institutional buyers remained muted at just 4%. According to analysts, the company s shares are expected to command a premium and potentially fetch a bumper premium of 41% on listing. Cyient DLM reported revenue growth of 15% and a profit of Rs 31.7 crore for the financial year ending March 2023.

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IdeaForge Tech IPO to close on June 30; issue subscribed 32x so far

IdeaForge Tech IPO: According to IPO Watch, the shares are commanding grey market premium (GMP) of Rs 550, signaling a listing gain of 82 per cent over the upper end of the IPO price

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Cyient DLM IPO opens today: Should you subscribe to the issue?

Incorporated in 1993, Cyient DLM provides Electronic Manufacturing Services as build to print and build to specification services including product design, and flexible manufacturing services

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cyient dlm ipo subscription: Cyient DLM IPO opens Should you subscribe to the issue?

Cyient DLM has initiated its initial public offering for subscription, with a price band of INR250-265 ($3.36-$3.55) and a proposed market capitalisation of INR2,102 crore. The entire IPO comprises fresh equity shares worth up to INR592 crore. Analysts recommend subscribing to the issue for the long term, given attractive valuations, strong growth potential and the company s focus on the entire life cycle of a product. Cyient DLM is a printed circuit board assembly solutions specialist with long-term relationships with customers such as Bharat Electronics and Thales Global Services.

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Cyient DLM IPO- Should you subscribe? - The Hindu BusinessLine

Cyient DLM IPO- Should you subscribe? - The Hindu BusinessLine
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