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Cyient DLM's Rs 700 Crore IPO All Set To Hit D-Street. All You Need To Know

Cyient DLM's Rs 700 Crore IPO All Set To Hit D-Street. All You Need To Know

 

The electronic manufacturing services provider will issue fresh shares in a price band of Rs 250–265 apiece to raise as much as Rs 592 crore in the June 27–30 IPO at a valuation of Rs 2,100 crore, the management told BQ Prime’s Sajeet Manghat on Thursday. The company has already raised Rs 108 crore by selling 4.08 million shares to Amansa Investments at Rs 265 apiece. Sakshi Batra speaks to Ganesh Venkat Krishna Bodanapu, Chairman, Non-Executive & Non-Independent Director, Cyient DLM to find out insights on the company's business outlook going forward.

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