June 27, 2023 - June 30, 2023

Cyient DLM IPO Subscription Details

Cyient DLM IPO Subscription Status Live

Cyient DLM IPO subscribed 71.35 times. The public issue subscribed 52.17 times in the retail category, 95.87 times in QIB, and 47.75 times in the NII category by June 30, 2023 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	95.87	6,532,076	62,62,37,360	16,595.29
Non-Institutional Buyers	47.75	3,266,037	15,59,66,384	4,133.11
bNII (bids above ₹10L)	50.48	2,177,358	10,99,07,840	2,912.56
sNII (bids below ₹10L)	42.31	1,088,679	4,60,58,544	1,220.55
Retail Investors	52.17	2,177,358	11,35,99,640	3,010.39
Employees	2.60	602,167	15,66,488	41.51
Others	[.]	0	0	0
Total	71.35	12,577,638	89,73,69,872	23,780.30

Total Application : 1,662,839 (42.77 times)

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

Cyient DLM IPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	EMP	Total
Day 1 June 27, 2023	0.03	3.80	10.62	0.32	2.85
Day 2 June 28, 2023	0.96	11.94	25.71	1.16	8.10
Day 3 June 30, 2023	95.87	47.75	52.17	2.60	71.35

Cyient DLM IPO Shares Offered

Cyient DLM IPO is a public issue of 22,375,751 equity shares. The issue offers 2,177,358 shares to retail investors, 6,532,076 shares to qualified institutional buyers, and 3,266,037 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	9,798,113	259.65	43.79%
QIB	6,532,076	173.10	29.19%
NII	3,266,037	86.55	14.60%
bNII (bids above ₹10L)	2,177,358	57.70	9.73%
sNII (bids below ₹10L)	1,088,679	28.85	4.87%
Retail	2,177,358	57.70	9.73%
Employee	602,167	15.96	2.69%
Total	22,375,751	592.96	100%

Cyient DLM IPO Anchor Investor Allocation

A total of 9,798,113 shares at a price of Rs 265 per share will be allotted to the anchor investors.

S.No.	Name of Anchor Investor	No. of Shares Allocated	Bid Price Per Share (Rs.)	Anchor Investor Portion (%)	Total Amount Allocated (Rs.)
13	Founders Collective Fund (Previously, Singularity Growth Opportunities Fund Ii)	377,384	265	3.85	100,006,760
2	ICICI Prudential Innovation Fund	377,384	265	3.85	100,006,760
3	ICICI Prudential Smallcap Fund	377,384	265	3.85	100,006,760
4	HDFC Mutual Fund - HDFC Defence Fund	754,768	265	7.7	200,013,520
5	Nippon Life India Trustee Ltd - A/C Nippon India Small Cap Fund	754,768	265	7.7	200,013,520
6	Aditya Birla Sun Life Trustee Pvt Lts A/C Aditya Birla Sun LifeSmall Cap Fund	301,896	265	3.08	80,002,440
7	Aditya Birla Sun Life Trustee Pvt Lts A/C Aditya Birla Sun Digital India Fund	301,896	265	3.08	80,002,440
1	Amansa Holdings Pvt Ltd	2,641,520	265	26.96	700,002,800
8	Aditya Birla Sun Life Trustee Private Limited A/C Aditya Birla Sun Life Infrastructure Fund	150,976	265	1.54	40,008,640
9	DSP India T.I.G.E.R. Fund	754,768	265	7.7	200,013,520
10	Public Sector Pension Investment Board - IIFL Asset Management Ltd	754,768	265	7.7	200,013,520
11	Tata Infrastructure Fund	377,384	265	3.85	100,006,760
12	LIC MF Large & Mid Cap Fund Li170	377,384	265	3.85	100,006,760
14	Catamaran Ekam	363,569	265	3.71	96,345,785
15	Vikasa India EIF I Fund	188,720	265	1.93	50,010,800
16	Kotak Pre IPO Opportunities Fund	188,720	265	1.93	50,010,800
17	Societe Generale	188,720	265	1.93	50,010,800
18	Edelweiss Trusteeship Co Ltd A/C - Edelweiss MF A/C- Edelweiss Recently Listed IPO Fund	188,692	265	1.93	50,003,380
19	BNP Paribas Arbitrage - Odi	188,720	265	1.93	50,010,800
20	BNP Paribas Arbitrage	188,692	265	1.93	50,003,380
		9,798,113		100	2,596,499,945

Cyient DLM IPO Mutual Fund Scheme Allocation

Out of a total of 9,798,113 shares allotted to Anchor Investors, 1,509,536 shares will be allotted to 3 mutual funds through 3 schemes.

S.No.	Mutual Fund Scheme	No. of Shares Allocated	Bid Price Per Share (Rs.)	Anchor Investor Portion (%)	Total Amount Allocated (Rs.)
1	icici prudential innovation fund	377,384	265	3.85	100,006,760
2	icici prudential smallcap fund	377,384	265	3.85	100,006,760
3	hdfc mutual fund - hdfc defence fund	754,768	265	7.7	200,013,520
		1,509,536		15	400,027,040

IPO Investor Categories

Qualified Institutional Buyers (QIB)
Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.
Non-Institutional Investors(NII)
Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.
NII category has two subcategories:
1. sNII (bids below Rs 10L)
  The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).
2. bNII (bids above Rs 10L)
  The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).
Retail Individual Investors(RII)
The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.
Employee (EMP)
A category of eligible employees who have a reserved quota in the IPO.
Others
A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

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Cyient DLM IPO Subscription FAQs

The Cyient DLM IPO is subscribed 71.35 by June 30, 2023.