The Cyient DLM IPO has garnered significant attention in the market, with a remarkable response and a grey market premium (GMP) of ₹122 .
Cyient DLM IPO: A Strong Response
The Cyient DLM IPO has witnessed an impressive response from subscribers, indicating a positive sentiment among investors. Market observers report that the grey market premium (GMP) for the IPO stands at ₹122, showcasing investor confidence in the stock. Notably, on Monday, the GMP for Cyient DLM was ₹125, reflecting the fluctuating nature of the market.
Subscription Details:
The Cyient DLM IPO has garnered significant interest from investors, as evidenced by its subscription numbers. The IPO witnessed an overall subscription of 67.31 times, with the retail portion oversubscribed by 49.22 times. The IPO allotment date is scheduled for July 5, 2023.
Grey Market Premium (GMP) of Cyient DLM IPO
The grey market premium (GMP) for the Cyient DLM IPO reflects the difference between its market price and the IPO price. Market observers attribute the high premium to positive market sentiments and the strong response from investors. Currently, the GMP for Cyient DLM IPO stands at ₹124, which is ₹1 lower than the previous session’s GMP.
Investor Sentiment and Market Analysis
Market analysts highlight the prevailing high risk appetite among investors for both primary and secondary markets, with the grey market acting as a reflection of this sentiment. The substantial GMP for the Cyient DLM IPO showcases investors’ optimism and confidence in the stock’s potential.
Checking Cyient DLM IPO Allotment Status
After the announcement of the Cyient DLM IPO allotment status, investors can conveniently check their application status online. There are two methods to access the allotment status: through the BSE website and the registrar’s website.
How to Check Cyient DLM IPO Allotment Status on BSE:
- Visit the BSE website at https://www.bseindia.com/investors/appli_check.aspx
- Select ‘Cyient DLM’ in the Issue Name section.
- Choose ‘Equity’ as the issue type.
- Enter your Application Number or PAN.
- Complete the ‘I’m not a robot’ verification process.
- Click on the ‘Search’ button.
Once you follow these steps, your Cyient DLM IPO allotment status will be displayed.
How to Check Cyient DLM IPO Allotment Status on the Registrar’s Website (KFin Technologies):
Alternatively, investors can also check their Cyient DLM IPO allotment status on the registrar’s website, KFin Technologies.
- Visit the KFin Technologies website at https://kosmic.kfintech.com/ipostatus/.
- Select ‘Cyient DLM’ from the drop-down menu.
- Choose one of the following options: Application number, Demat Account, or PAN ID.
- Enter the necessary details based on your selection.
- Click on the submit button.
Following these steps will allow you to view your Cyient DLM IPO allotment status.
