Cyient DLM Limited, Founded in 1993, is a provider of Electronic Manufacturing Services (EMS) and solutions.
The company offers Electronic Manufacturing Services through both Build to Print (“B2P”) and Build to Specification (“B2S”) approaches. Under B2P, clients provide the product design, and Cyient DLM delivers flexible manufacturing services. B2S involves designing products as per client specifications and subsequently manufacturing them.
Cyient DLM’s solutions primarily encompass:
Printed circuit board (“PCB”) assembly (“PCBA”), Cable harnesses, and Box builds, crucial components for safety-sensitive systems like cockpits, inflight systems, landing systems, and medical diagnostic equipment.
The company serves clients such as Honeywell International Inc., Thales Global Services S.A.S, ABB Inc, Bharat Electronics Limited, Molbio 152 Diagnostics Private Limited, and others.
Stock Quote #
- Open: ₹503.00
- High – Low: ₹503.00 – ₹479.00
- Previous Close: ₹496.75
- Total Traded Value: 2,60,714
- 52 Weeks High: ₹547.00 (Jul 12, 2023)
- 52 Weeks Low: ₹403.00 (Jul 10, 2023)
- Updated On: Aug 11, 2023 4:00 PM
Cyient DLM IPO Details #
It is a Book Built Issue. The IPO total issue size is Rs 592.00 Cr. The Cyient DLM IPO price is ₹250 to ₹265 per share. The IPO will list on BSE, NSE.
| IPO Date | Jun 27, 2023 to Jun 30, 2023 |
| Listing Date | Jul 10, 2023 |
| Face Value | ₹10 per share |
| Price | ₹250 to ₹265 per share |
| Lot Size | 56 Shares |
| Total Issue Size | 22,339,623 shares (aggregating up to ₹592.00 Cr) |
| Fresh Issue | 22,339,623 shares (aggregating up to ₹592.00 Cr) |
| Employee Discount | Rs 15 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 56,941,471 |
| Share holding post issue | 79,281,094 |
IPO Reservation #
Cyient DLM IPO a total of 22,375,751 shares are offered. QIB: 6,532,076 (29.19%), RII: 2,177,358 (9.73%), NII: 3,266,037 (14.60%).
| Anchor Investor Shares Offered | 9,798,113 (43.79%) |
| QIB Shares Offered | 6,532,076 (29.19%) |
| NII (HNI) Shares Offered | 3,266,037 (14.60%) |
| Retail Shares Offered | 2,177,358 (9.73%) |
| Employee Shares Offered | 602,167 (2.69%) |
| Total Shares Offered | 22,375,751 (100%) |
Anchor Investors Details #
A raises Rs 259.65 crore from anchor investors. Cyient DLM IPO Anchor bid date is Jun 26, 2023. Cyient DLM IPO Anchor Investors list
| Bid Date | Jun 26, 2023 |
| Shares Offered | 9,798,113 |
| Anchor Portion Size (In Cr.) | 259.65 |
| Anchor lock-in period end date for 50% shares (30 Days) | Aug 16, 2023 |
| Anchor lock-in period end date for remaining shares (90 Days) | Nov 13, 2023 |
Cyient DLM IPO Timetable (Tentative) #
Cyient DLM IPO opens on Jun 27, 2023, and closes on Jun 30, 2023.
| IPO Open Date | Tuesday, 27 June 2023 |
| IPO Close Date | Friday, 30 June 2023 |
| Basis of Allotment | Tuesday, 4 July 2023 |
| Initiation of Refunds | Wednesday, 5 July 2023 |
| Credit of Shares to Demat | Thursday, 6 July 2023 |
| Listing Date | Monday, 10 July 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Jun 30, 2023 |
Cyient DLM IPO Lot Size #
The minimum lot size of this Cyient DLM IPO is 56 shares required is ₹14,840.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 56 | ₹14,840 |
| Retail (Max) | 13 | 728 | ₹192,920 |
| S-HNI (Min) | 14 | 784 | ₹207,760 |
| S-HNI (Max) | 67 | 3,752 | ₹994,280 |
| B-HNI (Min) | 68 | 3,808 | ₹1,009,120 |
| Lot Size Calculator | |||
Cyient DLM IPO Promoter Holding #
Promoter of the company is Cyient Limited.
| Pre Issue Share Holding | 92.84% |
| Post Issue Share Holding | 66.68% |
Company Financials #
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 593.49 | 464.91 | -6.70 | 25.71 | 24.34 | 261.37 |
| 31-Mar-21 | 645.03 | 636.91 | 11.81 | 37.65 | 36.29 | 233.77 |
| 31-Mar-22 | 776.91 | 728.48 | 39.80 | 77.11 | 75.75 | 293.19 |
| 31-Mar-23 | 1,104.72 | 838.34 | 31.73 | 197.87 | 145.01 | 314.47 |
| Amount in ₹ Crore | ||||||
Key Performance Indicator #
Cyient DLM IPO Market Cap is Rs 2101 Cr and P/E (x) is 66.25.
| KPI | Values |
|---|---|
| P/E (x) | 66.25 |
| Market Cap (₹ Cr.) | 2101 |
| ROE | 23.1% |
| ROCE | 13.48% |
| EPS (Rs) | 10.07 |
| RoNW | 30.45% |
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.
Cyient DLM IPO Subscription Status (Bidding Detail) #
The Cyient DLM IPO is subscribed 71.35 times on Jun 30, 2023 7:02:00 PM. The public issue subscribed 52.17 times in the retail category, 95.87 times in the QIB category, and 47.75 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 95.87 |
| NII | 47.75 |
| bNII (bids above ₹10L) | 50.48 |
| sNII (bids below ₹10L) | 42.31 |
| Retail | 52.17 |
| Employee | 2.60 |
| Total | 71.35 |
Total Application : 1,662,839 (42.77 times)
Cyient DLM IPO Prospectus #
Cyient DLM IPO Listing Details #
| Listing Date | Jul 10, 2023 |
| BSE Script Code | 543933 |
| NSE Symbol | CYIENTDLM |
| ISIN | INE055S01018 |
| Final Issue Price | ₹265 per share |
Listing Day Trading Information #
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE |
|---|
| ₹265.00 |
| ₹401.00 |
| ₹401.00 |
| ₹426.45 |
| ₹420.75 |
| NSE |
|---|
| ₹265.00 |
| ₹403.00 |
| ₹403.00 |
| ₹427.00 |
| ₹420.60 |
Company Contact Information #
3 rd Floor, Plot No. 11,
Software Units Layout, Infocity,
Madhapur, Hyderabad 500 081
Phone: +91 821 4000 500
Email: company.secretary@cyient dlm.com
Website: https://www.cyientdlm.com/
Cyient DLM IPO Registrar #
Phone: 04067162222, 04079611000
Email: cyientdlm.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Cyient DLM IPO Lead Manager(s) #
FAQs #
What is the price range for Cyient DLM IPO shares? #
The Cyient DLM IPO price range is ₹250 to ₹265 per share.
When is the IPO open and closing dates for Cyient DLM? #
The IPO is open from June 27, 2023, to June 30, 2023.
How many shares are being offered in the Cyient DLM IPO? #
The IPO offers a total of 22,375,751 equity shares.
How can retail investors apply for Cyient DLM IPO shares? #
Retail investors can apply online through banks (using ASBA) or brokers (using UPI).
What is the subscription status of Cyient DLM IPO? #
The IPO offers 2,177,358 shares to retail investors and 6,532,076 shares to qualified institutional buyers.
What is the impact of Cyient DLM IPO on the company’s prospects? #
The company has established itself in the EMS and solutions-providing segment and has plans for future growth.
Can investors use the HNI Funding Cost Calculator for Cyient DLM IPO? #
Yes, the HNI Funding Cost Calculator helps investors determine the number of shares they should apply for based on their investment amount.
What is the significance of the prospectus filed by Cyient DLM IPO? #
The prospectus contains essential information about the IPO, its terms, and the company’s financials.
Where will the Equity Shares of Cyient DLM IPO be listed? #
The Equity Shares will be listed on the National Stock Exchange (NSE) and BSE.
What is the expected size of the Cyient DLM IPO? #
The IPO involves 22,339,623 Equity Shares aggregating up to ₹592.00 Crore.
Please note that the above information is based on the available data and may be subject to change.
