Cyient DLM IPO GMP History
Cyient DLM IPO has been listed on July 10, 2023 at a listing price of ₹403, against the issue price of ₹265 — a gain of ₹138 (+52.08%). The GMP peaked at ₹130 on 8 July 2023 and reached a low of ₹90.44 on 30 June 2023. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Cyient DLM IPO raised ₹592 Cr. through its IPO at a price band of ₹250 to ₹265 per share, with a lot size of 56 shares. The IPO was open for subscription from 27 Jun 2023 to 30 Jun 2023.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 11:53 AM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 08 Jul 2023 | ₹ 130 | ▲ | 49% | — | — |
| 07 Jul 2023 | ₹ 120 | — | 45% | — | — |
| 05 Jul 2023 | ₹ 120 | ▲ | 45% | — | — |
| 03 Jul 2023 | ₹ 100 | ▼ | 38% | — | — |
| 01 Jul 2023 | ₹ 110 | ▲ | 42% | — | — |
| 30 Jun 2023 | ₹ 90.44 | ▼ | 34% | — | — |
| 29 Jun 2023 | ₹ 105 | ▲ | 40% | — | — |
| 28 Jun 2023 | ₹ 95 | ▼ | 36% | — | — |
| 27 Jun 2023 | ₹ 100 | ▼ | 38% | — | — |
| 26 Jun 2023 | ₹ 105 | ▲ | 40% | — | — |
| 24 Jun 2023 | ₹ 100 | — | 38% | — | — |
| 23 Jun 2023 | ₹ 100 | — | 38% | — | — |
Cyient DLM IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 27 Jun 2023
- Close 30 Jun 2023
- Allotment 04 Jul 2023
- Refund/credit 05 Jul 2023
- Listing 10 Jul 2023
Cyient DLM IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹265 |
|---|---|
| GMP-based estimate (pre-listing) | ₹395 (+49.1%) |
| Listing gain / loss | +₹138 per share |
| Listing date | 10 Jul, 2023 |
| Actual listing price | ₹403 (+52.08%) |
Is Cyient DLM IPO GMP reliable?
Grey market premium for Cyient DLM IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Cyient DLM IPO full review for a fundamentals-based assessment before making any grey market trades.
Cyient DLM IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Cyient DLM IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Cyient DLM IPO
Cyient DLM Limited was incorporated as Rangsons Electronics Private Limited at Mysuru, Karnataka on 30 June 1993. It provides electronics manufacturing services and solutions, and is a subsidiary of Cyient Limited.
It offers build to print services, where clients give the design, and build to specification services, where it designs the product from client specifications. Its main products are PCB assemblies, cable harnesses and box builds used in safety critical systems such as cockpits, inflight systems, landing systems and medical diagnostic equipment.
It has three manufacturing facilities, two in Karnataka at Mysuru and Bengaluru and one at Hyderabad in Telangana. Its clients include Honeywell, Thales, ABB, Bharat Electronics and Molbio Diagnostics.
The IPO was Rs 592 crore and was entirely fresh issue. Rs 291.09 crore was planned for working capital, Rs 160.91 crore for repaying borrowings and Rs 70.00 crore for acquisitions.
Frequently asked
What is the GMP of Cyient DLM IPO?
The current Grey Market Premium (GMP) of Cyient DLM IPO is ₹ 130.
What is the Kostak Price of Cyient DLM IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Cyient DLM IPO is not available.
What is the Subject to Sauda Price of Cyient DLM IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Cyient DLM IPO?
Cyient DLM IPO listed on July 10, 2023 at ₹403, against the issue price of ₹265 — a gain of +52.08%.
How did the GMP of Cyient DLM IPO trend before listing?
The GMP of Cyient DLM IPO was rising in its final days before listing. The GMP peaked at ₹130 on 8 July 2023. View the day-wise table above for the complete GMP history.
Explore Cyient DLM IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
