Cyient DLM Limited IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Tue, 27 Jun 2023
Close Date
Fri, 30 Jun 2023
Price Band
₹ 250 – 265
Lot Size
56
Issue Size
₹ 592.00 Cr
Minimum Investment
₹ 14,840 (56 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Cyient DLM Limited IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹592 Crore, comprising a fresh issue of 2.23 Crore equity shares aggregating to ₹592.00 Crore.
The Cyient DLM Limited IPO remained open for subscription from June 27, 2023, to June 30, 2023. The basis of allotment was finalized on July 05, 2023, and the company's shares were listed on the NSE and BSE on July 10, 2023.
The company had fixed the price band at ₹250 to ₹265 per share, with a lot size of 56 shares. Retail investors were required to make a minimum investment of ₹14,840 (based on the upper price band) to apply for one lot.
The IPO also included a reservation of 602,167 equity shares for eligible employees, who received a discount of ₹15 per share.
KFin Technologies Limited served as the registrar to the issue. Axis Capital Limited, and JM Financial Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Cyient DLM Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Cyient DLM Limited IPO Timeline (Tentative)
- IPO Open Date
- Tue, 27 Jun 23
- IPO Close Date
- Fri, 30 Jun 23
- Basis of Allotment
- Wed, 05 Jul 23
- Initiation of Refunds
- Thu, 06 Jul 23
- Credit of Shares to Demat
- Fri, 07 Jul 23
- Listing Date
- Mon, 10 Jul 23 — NSE & BSE
Open Date
27 June 2023
Close Date
30 June 2023
Basis Of Allotment
05 July 2023
Listing Date
10 July 2023
IPO Subscription
Check Live Subscription →The Cyient DLM Limited IPO has received bids for 0 shares against 0 shares offered, resulting in an overall subscription of 0x. the NII category is subscribed 47.75x, Retail Investors 52.17x, Employees 2.6x, and QIBs 95.87x.
QIB
95.87x
NII
47.75x
RII
52.17x
EMP
2.6x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 21,77,358 shares, representing 9.73% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 65,32,076 shares (29.19%), while Non-Institutional Investors (NIIs) receive 32,66,037 shares (14.6%).
| Category | Shares Offered | Shares Offered |
|---|---|---|
| Anchor Investors | 9,798,113 | 43.79% |
| Qualified Institutions | 6,532,076 | 29.19% |
| Non-Institutional | 3,266,037 | 14.6% |
| BNII | 2,177,358 | 9.73% |
| SNII | 1,088,679 | 4.87% |
| Retail Investors | 2,177,358 | 9.73% |
| Employees | 602,167 | 2.69% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Cyient DLM Limited KPI Information
| Particular | KPI Information |
|---|---|
| ROE % | 23.1 |
| ROCE % | 13.48 |
| RoNW % | 30.45 |
Peers Comparison
No Peer Comparision Available
About Cyient DLM Limited
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.
Cyient DLM Limited IPO Promoters
Cyient Limited
Promoters Holding
Holding Pre Issue
92.84%
Holding Post Issue
66.68%
Cyient DLM Limited IPO Objective
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 Limited Address / Contact Details
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
Cyient DLM Limited IPO Lot Size
The Cyient DLM Limited IPO has a lot size of 56 shares. Retail investors require a minimum investment of ₹14,840 by applying for 1 lot (56 shares). The maximum application allowed for the retail category is 13 lots (728 shares), requiring an investment of ₹1,92,920.
| 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 |
Issue Reservation
- Anchor Investors — 43.79%
- QIB — 29.19%
- NII — 14.6%
- RII — 9.73%
- EMP — 2.69%
Book Running Lead Managers
- Axis Capital Limited
- JM Financial Limited
IPO Documents & Links
Explore More IPOs
Currently Open
Coming Up Next
Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Cyient DLM Limited IPO?
Cyient DLM Limited IPO is a Book-building IPO with a total issue size of ₹592 crore. The Cyient DLM Limited IPO price band is ₹250 to 265 per share. The Cyient DLM Limited IPO subscription opens on Tue, Jun 27, 2023, and closes on Fri, Jun 30, 2023. The Cyient DLM Limited IPO will be listed on the BSE,NSE. KFin Technologies Limited is the registrar for the Cyient DLM Limited IPO.
When will the Cyient DLM Limited IPO open for subscription?
The Cyient DLM Limited IPO opens on Tue, Jun 27, 2023 and closes on Fri, Jun 30, 2023
What is Cyient DLM Limited IPO Price Band?
Cyient DLM Limited IPO Price Band is ₹250 to 265 per share.
What is Cyient DLM Limited IPO Lot Size?
Cyient DLM Limited IPO lot size is 56 shares, Retail investors need a minimum investment of ₹14840 based on the upper price band
What is the minimum investment for Cyient DLM Limited IPO?
The minimum investment for Cyient DLM Limited IPO is ₹14840, based on one lot of 56 shares at the upper price band of ₹265 per share.
How to apply for Cyient DLM Limited IPO?
Investors can apply for the Cyient DLM Limited IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Jun 30, 2023. The application amount remains blocked until the Cyient DLM Limited IPO allotment is finalized.
What is Cyient DLM Limited IPO Issue Size?
Cyient DLM Limited IPO issue size is ₹592 crores.
What is the Cyient DLM Limited IPO Allotment Date?
Cyient DLM Limited IPO allotment date is Wed, Jul 5, 2023.
Who is the Cyient DLM Limited IPO Registrar?
The registrar for Cyient DLM Limited IPO is KFin Technologies Limited. Investors can go to KFin Technologies Limited website to check Cyient DLM Limited IPO allotment status, refund processing, and other IPO-related information.
What is the Cyient DLM Limited IPO GMP?
The Cyient DLM Limited IPO 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 IPO listing price is ₹400, indicating a potential listing gain of approximately 50.94% over the issue price.
Who is the Cyient DLM Limited IPO Lead Manager?
The book-running lead managers (BRLMs) for the Cyient DLM Limited IPO are JM Financial Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Cyient DLM Limited IPO Red Herring Prospectus (RHP).