Solid Start! Cyient DLM shares list at 52% premium over IPO priceIntegrated electronic manufacturing services provider Cyient DLM made a strong debut on the stock exchanges, with shares listing at a premi...
10 Jul, 2023, 10.00 AM IST
After ideaForge's listing pop, will Cyient DLM follow suit? Here's what GMP signalsThe grey market premium (GMP) of Cyient DLM is around Rs 150-155 in the unlisted market. If we consider the upper price band of Rs 265, the...
09 Jul, 2023, 01.58 PM IST
Cyient DLM IPO: Issue subscribed 67.3 times on last dayCyient DLM's IPO was oversubscribed due to strong demand from institutional and retail investors. Retail investors subscribed 49.2 times, n...
30 Jun, 2023, 09.47 PM IST
Cyient DLM IPO continues to garner strong interest on Day 2; issue subscribed 7.6 timesCyient DLM's initial public offering (IPO) received a strong response as the overall issue was subscribed 7.6 times. The retail category ha...
28 Jun, 2023, 06.17 PM IST
Cyient DLM IPO: What GMP indicates ahead of subscriptionCyient DLM is set to start its initial public offering on Tuesday, offering shares in the range of Rs 250-265 with a total value of up to R...
27 Jun, 2023, 08.58 AM IST
Temasek invests USD 85 mn in Molbio DiagnosticsThe fresh funds from Temasek along with those from existing investors such as Motilal Oswal Alternates, will help the company accelerate de...
26 Sep, 2022, 08.09 PM IST
Molbio Diagnostics gets DCGI nod for Nipah virus testingNipah virus testing can now be performed rapidly on Truenat, a real-time PCR platform, on demand, the Goa-based firm said. This will result...
08 Sep, 2021, 08.10 PM IST
Temasek in talks to buy into Covid test kit-maker MolbioMotilal Oswal PE has about 13.5% stake, acquiring it through two tranches of primary and secondary deals at a valuation of about ₹1,600-₹2,...
12 Jul, 2021, 07.49 AM IST
Indian companies ready to export coronavirus test kits, target Latin America, Eastern Europe marketsIndia has a manufacturing capacity of 1 billion RT-PCR kits. The country on an average is doing daily testing of 600,000 samples.
10 Aug, 2020, 09.02 AM IST
Covid-19 results in an hour: Dozen states, Centre, line up at this Goa startup for testing machinesRajasthan and Maharashtra are also in talks with the company for the TrueNat machines and the testing kits. The TrueNat machines and kits p...
12 Jun, 2020, 09.48 AM IST
Uttar Pradesh Chief Minister Yogi Adityanath puts his state planes for Covid-19 serviceSince June 1 and before Wednesday, Adityanath’s state planes had already brought 41 TrueNat machines - which are being used to screen Covid...
11 Jun, 2020, 11.00 AM IST
Goa diagnostic company’s tuberculosis device could help scale up Covid-19 testingTruenat, a product of Molbio Diagnostics that’s been used to detect tuberculosis, also speeds up the reverse transcription polymerase chain...
12 May, 2020, 07.30 AM IST
COVID-19 impact: Test-kit makers rue ‘total’ export banMolecular diagnostics companies have expressed concern after the government on Saturday decided to ban export of all diagnostic kits and re...
06 Apr, 2020, 07.44 AM IST
Private labs may soon be allowed to test for coronavirus infectionRoche has also received a licence from the Indian drug regulator for a specific SARS-Covid-19 diagnostic that can test thousands of samples...
18 Mar, 2020, 08.49 AM IST
Motilal Oswal PE fund to invest up to Rs 240 crore in Molbio DiagnosticsMolbio along with its subsidiary Bigtec Labs, has developed and commercialised Truenat, which is claimed to be the world's first commercial...
04 Mar, 2020, 08.54 PM IST
Few takers for indigeniously developed cheap H1N1 test kitsDespite PM Modi's'Make in India' call, not even central government controlled organizations or hospitals like AIIMS are buying these kits.
18 Mar, 2015, 12.32 PM IST
Bengaluru-based Molbio develops India's first swine flu diagnostic kitThe test also makes it possible to deliver results in an hour, much quicker than about six hours or more other tests usually take.
03 Mar, 2015, 10.58 AM IST