Cyient DLM Limited
Open MainLineCurrent GMP
₹135 (+50.94%)
Price Band
₹ 250 – 265
Lot Size
56
Issue Size
₹592 Cr
Minimum Investment
₹14840 (56 Shares)
Listing Date
10 July 2023
Subscription
71.34x
About the Company
Incorporated in 1993, Cyient DLM Limited provides Electronic Manufacturing Services (EMS) and solutions.
The company provides Electronic Manufacturing Services as Build to Print ("B2P") and Build to Specification ("B2S") services. B2P solutions involve clients providing the design for the product for which the company provides agile and flexible manufacturing services. And, B2S services involve designing the relevant product based on the specifications provided by the client and manufacturing the product.
Cyient DLM's solutions primarily comprise:
- Printed circuit board ("PCB") assembly ("PCBA"),
- Cable harnesses, and
- Box builds which are used in safety critical systems such as cockpits, inflight systems, landing systems, and medical diagnostic equipment.
The company's client list includes Honeywell International Inc. ("Honeywell"), Thales Global Services S.A.S ("Thales"), ABB Inc, Bharat Electronics Limited, and Molbio 152 Diagnostics Private Limited, and so on.
Promoters
Cyient Limited
Promoters Holding
Holding Pre Issue
92.84%
Holding Post Issue
66.68%
Objects of the Issue
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
- Funding incremental working capital requirements of the company,
- Funding capital expenditure of the company,
- Repayment/prepayment, in part or full, of certain of the borrowings,
- Achieving inorganic growth through acquisitions, and
- General corporate purposes.
Address / Contact Info
Cyient DLM Limited
3 rd Floor, Plot No. 11,
Software Units Layout, Infocity,
Madhapur, Hyderabad 500 081
Phone : +91 821 4000 500
Email : company.secretary@cyientdlm.com
Website : https://www.cyientdlm.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 27 June 2023
IPO Close Date
Friday, 30 June 2023
Basis of Allotment
Wednesday, 05 July 2023
Initiation of Refunds
Thursday, 06 July 2023
Credit of Shares to Demat
Friday, 07 July 2023
Listing Date
Monday, 10 July 2023 — NSE & BSE
Important Dates
Open Date
27 June 2023
Close Date
30 June 2023
Basis Of Allotment
05 July 2023
Listing Date
10 July 2023
Financial Performance (₹ in Crores)
| Particular | 31-Mar-20 | 31-Mar-21 | 31-Mar-22 | 31-Mar-23 |
|---|---|---|---|---|
| Assets | 593.49 | 645.03 | 776.91 | 1104.72 |
| Revenue | 464.91 | 636.91 | 728.48 | 838.34 |
| Profit After Tax | -6.7 | 11.81 | 39.8 | 31.73 |
| Net Worth | 25.71 | 37.65 | 77.11 | 197.87 |
| Reserve & Surplus | 24.34 | 36.29 | 75.75 | 145.01 |
| Total Borrowings | 261.37 | 233.77 | 293.19 | 314.47 |
EPS Pre
10.07%
EPS Post
0.00%
P/E Pre
66.25
P/E (Post Issue)
0.00x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI Information |
|---|---|
| ROE % | 23.1 |
| ROCE % | 13.48 |
| Debt / Equity | 0 |
| RoNW % | 30.45 |
| PbW | 0 |
| Pat Margin % | 0 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Anchor Investors | 9798113 | 43.79 | 0 |
| Qualified Institutions | 6532076 | 29.19 | 0 |
| Non-Institutional | 3266037 | 14.6 | 0 |
| BNII | 2177358 | 9.73 | 2777 |
| SNII | 1088679 | 4.87 | 1388 |
| Retail Investors | 2177358 | 9.73 | 38881 |
| Employees | 602167 | 2.69 | 0 |
Subscription Status ( Fri, 30 Jun 23 05:11 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 0 | 0 | 95.87x |
| Non-Institutional | 0 | 0 | 47.75x |
| Retail Investors | 0 | 0 | 52.17x |
| Employees | 0 | 0 | 2.6x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 56 | 14,840.00 |
| Retail (Max) | 13 | 728 | 192,920.00 |
| S-HNI (Min) | 14 | 784 | 207,760.00 |
| S-HNI (Max) | 67 | 3,752 | 99,280.00 |
| B-HNI (Min) | 68 | 3,808 | 1,009,120.00 |
Registrar
Kfin Technologies Limited
04067162222, 04079611000
reachus@kfintech.com
https://www.kfintech.com
Book Running Lead Managers
- Axis Capital Limited
- JM Financial Limited
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Cyient DLM Limited is a Book-building IPO worth ₹592 crores. The price band is ₹250 to 265 per share. The IPO opens on Tue, Jun 27, 2023 and closes on Fri, Jun 30, 2023. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.
The Cyient DLM Limited opens on Tue, Jun 27, 2023 and closes on Fri, Jun 30, 2023
Cyient DLM Limited Price Band is ₹250 to 265.
Cyient DLM Limited lot size is 56, and the minimum amount required for application is ₹14840.
The minimum investment for Cyient DLM Limited is approximately ₹14840 based on the upper price band.
To apply for the Cyient DLM Limited, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Fri, Jun 30, 2023. After submission, funds are blocked until the basis of allotment of Cyient DLM Limited is finalised.
Cyient DLM Limited issue size is ₹592 crores.
Cyient DLM Limited allotment date is Sat, Jun 27, 2026.
The registrar for Cyient DLM Limited is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website for IPO allotment status, refund processing, and other queries related to Cyient DLM Limited through their official website or helpline.
The Cyient DLM Limited GMP (Grey Market Premium) is ₹135 as of Mon, Jul 10, 2023. Based on the upper price band of ₹265 per share, the estimated Cyient DLM Limited listing price is ₹400, indicating a potential listing gain of approximately 31% over the issue price.