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Cyient DLM IPO Subscription Status

Cyient DLM IPO was subscribed 71.36 times when bidding closed on 30 Jun 2023: QIB 95.87x, NII 47.75x, Retail 52.17x.

The Cyient DLM IPO has been subscribed 71.36x times overall. Retail investors have shown interest with bids for 52.17x the shares available. The Non-Institutional Investor (NII) category has been subscribed 47.75x. Within NII, Big HNI (B-HNI) subscribed 50.48x and Small HNI (S-HNI) subscribed 42.31x. Qualified Institutional Buyers (QIBs) have subscribed 95.87x. Data last updated on 10 Nov, 11:53 AM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 27 Jun, 2023 and closes on 30 Jun, 2023. The shares are expected to list on stock exchanges on 10 Jul, 2023.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 10 Nov 2026, 11:53 AM
Category Bid details Times
QIB - of - - 95.87x
NII - of - - 47.75x
bHNI — bid amount above ₹10 Lakh
- - 50.48
sHNI — bid amount ₹2–10 Lakh
- - 42.31
Retail - of - - 52.17x
Employee - of - - 2.61x
TOTAL - - 71.36x
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Cyient DLM IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 out of 52
~1.9% chance per PAN — based on 52.17x subscription. Winners get exactly 1 lot (₹14,840) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 out of 42
~2.4% chance — based on 42.31x subscription. Lottery allots the minimum S-HNI application of 14 lots (₹2.1 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 out of 50
~2% chance — based on 50.48x subscription. Lottery allots the minimum NII application of 14 lots (₹2.1 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.
QIB (institutions)
95.87x
Proportionate allotment — at 95.87x, institutions receive ~1% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 53 applicants will be successful.

Institutional Backing

Massive institutional interest with QIBs subscribing 95.87x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
30 Jun 2023
Day 3
71.36x ▼
QIB95.87x BHNI50.48x SHNI42.31x Retail52.17x Employee2.61x
28 Jun 2023
Day 2
7.6x ▼
QIB0.91x BHNI9.95x SHNI13.83x Retail24.02x Employee1.09x
27 Jun 2023
Day 1
2.65x ▼
QIB0.03x BHNI3.08x SHNI4.53x Retail9.82x Employee0.29x

Cyient DLM IPO dates

From the bidding window to listing. Today is 11 November.

Key dates Listed
  1. Open 27 Jun 2023
  2. Close 30 Jun 2023
  3. Allotment 04 Jul 2023
  4. Refund/credit 05 Jul 2023
  5. Listing 10 Jul 2023

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Cyient DLM IPO?

As of IPO close date (30 Jun, 2023), the Cyient DLM IPO is subscribed 71.36x times. Retail category is 52.17x, and NII is 47.75x subscribed.

When is the allotment date for Cyient DLM IPO?

The allotment for Cyient DLM IPO is expected to be finalized on 04 July, 2023.

What is the GMP of Cyient DLM?

The Grey Market Premium (GMP) for Cyient DLM is currently ₹130, indicating a potential listing gain of 49%.

When will Cyient DLM IPO list on the stock market?

Cyient DLM is scheduled to list on BSE and NSE on 10 July, 2023.

What are the chances of getting allotment in Cyient DLM IPO?

The retail category is oversubscribed at 52.17x, meaning allotment is by lottery. Statistically, approximately 1 in 53 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 95.87x mean for Cyient DLM IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 95.87x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Cyient DLM IPO allotment status?

After the allotment date (04 Jul, 2023), you can check your Cyient DLM IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
71.36x
QIB
95.87x
NII
47.75x
bHNI
50.48x
sHNI
42.31x
Retail
52.17x
Full IPO details
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