The allotment of shares for the initial public offers (IPOs) of drone-maker ideaForge and solutions provider Cyient DLM will be finalised on 7 July. Shares will be allocated on a lottery basis, with retail investors leading the subscription demand that saw ideaForge oversubscribed by more than 100 times, and Cyient DLM by 71.3 times. Both firms' IPOs attracted attention after receiving strong investor demand and are set to be listed on 10 July. The grey market premium for ideaForge is Rs 480 ($6.41), with Cyient DLM fetching a GMP of Rs 390 in the unlisted market.