Electronic manufacturing services firm Cyient DLM Ltd on Thursday said it has fixed a price band of Rs 250-265 per share for its initial public offering (IPO), which will open for subscription on June 27. The initial share sale will conclude on June 30 and the bidding for anchor investors will open on June 26, the company said in a statement. Cyient DLM's IPO is a purely fresh issue of equity shares aggregating up to Rs 592 crore with no offer for sale (OFS) component. The company has already undertaken a private placement of 40.75 lakh equity shares worth Rs 108 crore. Funds raised through the IPO would be utilised for funding incremental capital requirements, capital expenditure, debt payment, achieving inorganic growth through acquisitions as well as for general corporate purposes. The company said that 75 per cent of the issue has been reserved for qualified institutional buyers (QIBs), 15 per cent for non-institutional investors, and the remaining 10 per cent for the retail .

Cyient Ltd.'s price crossed above 30Day SMA today

Cyient Ltd.

21 Jun 2023

1258.40

6.71%

AGM

Cyient Limited - 532175 - Shareholder Meeting / Postal Ballot-Outcome of AGM

BSE India

Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Proceedings of the 32nd Annual General Meeting of the Company

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Cyient Ltd.

20 Jun 2023

1258.40

6.71%

Company Update

Cyient Limited - 532175 - Update

BSE India

Proposed Initial public offering of equity shares ('Equity Shares') of Cyient DLM Limited

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Cyient Ltd.

15 Jun 2023

1258.40

6.71%

Company Update

Cyient Limited - 532175 - Update

BSE India

Update

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Cyient Ltd.

05 Jun 2023

1258.40

6.71%

Company Update

Cyient Limited - 532175 - Investor Conference

BSE India

This is to inform that the Company''s management / representatives will be participating in the enclosed investor conference for group and one-on-one meeting.

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Cyient Ltd.

02 Jun 2023

1258.40

6.71%

Company Update

Cyient Limited - 532175 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

BSE India

Allotment of Shares

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Cyient Ltd.

02 Jun 2023

1258.40

6.71%

Cyient shares touch new 52-week high on Friday, up over 9%; Here's why

livemint

Cyient's share price surged over 9% and touched a new 52-week high, following the record date for its most recent dividend payout. The stock has gained 107.41% from its 52-week low of 723.8 recorded on November 3, 2022, after reporting better-than-expected Q4FY23 earnings.

Cyient Ltd. has lost -32.49% in the last 6 Months

Is Cyient Ltd. worth buying?

518 Votes:

Buy 81.47%

Sell 12.55%

Hold 5.98%

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