Cyient DLM IPO Details
Issue Date
--
Price Range
₹265
Lot Size
56
IPO Size
₹592.90 Cr
Cyient DLM IPO Listing Details
Listing On
10 Jul'23
Issue Price
--
Listed Price
₹ 403
Retail Gain/Listing Gain
▲52.08%
Schedule of Cyient DLM IPO
Start date
End date
Allotment of bids
Refund Initiation
Listing on exchange
10/07/2023
Company Background
Cyient DLM is one of the leading integrated Electronic Manufacturing Services (“EMS”) and solutions providers (Source: Frost & Sullivan Report), with over 22 years of experience in developing highly complex systems.
The company is a qualified supplier to global OEMs in the aerospace and defence, medical technology and industrial sectors.
Cyient DLM enjoys long-term relationships as an integrated partner to multiple marquee customers such as Honeywell International Inc. (“Honeywell”), Thales Global Services S.A.S (“Thales”), ABB Inc, Bharat Electronics Limited and Molbio Diagnostics Private Limited.
Competitive Strengths
High entry barriers for competitors
Diversified with marquee customers
Risk Factors
- The majority of the business is dependent on the sale of products to certain key customers.
- Highly dependent on their promoter, management team and key personnel.
- The Indian EMS market is competitive among existing players.
Key Strategies
Here are a few strategies Cyient DLM Limited has for its business:
- Strengthening core capabilities across focus industries and building scale.
- Expanding inorganically to increase geographic footprint.
- Strengthening supply chain ecosystem.
Key Financials
And finally here’s a look at key financials of Cyient DLM Limited
How to apply for IPO through ASBA
Kotak Neo
•00m 58s
Cyient DLM IPO FAQs
The Cyient DLM IPO opens for subscription from [-] to [-], with a total issue size of ₹592.90 Cr. The IPO price band is ₹265 to ₹0 per share with a lot size of 56. The company aims to list the shares on BSE & NSE on 10-07-2023.
The Cyient DLM IPO will open for subscription on [-] and will close on [-] for investors.
The minimum lot size for the Cyient DLM IPO is 56 equity shares, requiring a minimum investment of ₹[-] for retail investors applying in the IPO.
The price band of the Cyient DLM IPO has been fixed at ₹265 to ₹0 per equity share.
You can apply for the Cyient DLM IPO online through the Kotak Neo Website or the Kotak Neo App using UPI or ASBA during the IPO subscription period.
Cyient DLM IPO allotment will take place on [-].
You can check the Cyient DLM IPO allotment status online on the registrar’s website or on the NSE and BSE IPO allotment pages using your application number, PAN, or demat account details.
Cyient DLM shares will list on the stock exchanges on 10-07-2023.
The Cyient DLM Limited IPO has an issue size of Rs. 592 crore. The IPO opens for subscription on 27th June and ends on 30th June.
KFin Technologies Limited is the registrar for this IPO.
You can read more about Cyient DLM Limited and its IPO from the company’s red herring prospectus (RHP) here: Cyient DLM Limited.
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