Cyient DLM IPO Date, Price, Review
Cyient DLM IPO: Know everything about Cyient DLM IPO. Cyient DLM Limited IPO Date, Cyient DLM IPO Review and analysis. We will discus about Cyient DLM IPO Benefits & Risks. Also, all information related to Cyient DLM IPO like price band, Lot size, all important dates, Brockrage Review, and retail quota etc.
Cyient DLM IPO
Cyient DLM Limited is one of the top integrated providers of electronic manufacturing services and solutions. Cyient DLM Ltd Has filed its DRHP (Draft Red Herring Prospectus) with market regulator SEBI (Securities and Exchange Board of India) to raise around Rs 592 crore through IPO (Initial public offering).
Cyient DLM IPO will open on 27 July 2023 and close on 30 July 2023. The price band of the Cyient DLM IPO is ₹250 to ₹265. Cyient DLM IPO size is 592 Crores. The offer includes 592 Crores under fresh issue and 0 Crores under offer for sale. Cyient DLM IPO QIB quota is 50%, NII quota is 15% and RII quota is 35%. Cyient DLM IPO listing date is - July 2023. You can know about Cyient DLM IPO GMP (Grey Market Premium) below.
The Cyient DLM has given good financial performance. The company made a profit of ₹31.73 crores in the financial year 2023 (March 2023). The IPO of Cyient DLM will be listed on NSE and BSE. Cyient DLM IPO face value is ₹10 per equity share.
We will talk about Cyient DLM's financials, benefits, and risks of investing in the company.
About Cyient DLM International Ltd
Cyient DLM has been an electronics and mechanical manufacturing partner and systems supplier to some of the largest players across multiple industries. As an integrated manufacturing partner that provides Design-Based Manufacturing (DLM) solutions to customers, we take ownership of design, manufacturing, testing, and certification support to ensure that customers' products are robust in reliability, safety, and performance. meet the standards. The company has expertise in safety-critical electronics in highly regulated industries.
Purpose of the offer
- To prepay/repay all or a part of the dues raised by the company.
- To finance capital expenditure requirements.
- To meet general corporate objectives.
Cyient DLM IPO Date and Price Band Details
| IPO Open: | 27 June 2023 |
| IPO Close: | 30 June 2023 |
| Listing Date: | 10 July 2023 |
| Listing On: | NSE & BSE |
| IPO Size: | Approx ₹592 crores |
| Fresh Issue: | Approx ₹592 crores |
| Offer For Sale: | Approx ₹0 crores |
| Price Band: | ₹250 to ₹265 per share |
| Face Value: | ₹10 per Equity share |
| QIB Portion: | 50% |
| Retail Portion: | 35% |
| NII Portion: | 15% |
| Employee Res: | Not Disclosed |
Cyient DLM IPO Lot Size Details
| Minimum Lot: | 01 |
| Minimum Lot Size: | 56 Shares |
| Minimum Amount: | ₹14,840 |
| Maximum Lot: | 13 |
| Maximum Lot Size: | 728 Shares |
| Maximum Amount: | ₹192,920 |
Cyient DLM IPO Open, Close, Allotment, and Listing Date
| Ipo Opening Date: | 27 June 2023 |
| IPO Closing Date: | 30 June 2023 |
| Basis of Allotment: | 05 July 2023 |
| Refund Date: | 06 July 2023 |
| Credit to Demat Account: | 07 July 2023 |
| Listing Date: | 10 July 2023 |
Cyient DLM IPO Review
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You can also check the latest IPO subscription status and IPO allotment status of Cyient DLM IPO on our website.
Cyient DLM Ipo Rating
Review For Listing Gain
Review For Short term
Review For Long term
Strength
- Due to the company's technical prowess, competence in safety-critical electronics in highly regulated industries, and customer engagement, the company has significant entry barriers to competitors.
- The company values long-term relationships with its clients.
- The company has a solid and experienced board as well as a top management team.
- The company has a diversified product portfolio.
Risks
- It is necessary for the company to sell their products to some customers for their operations. Losing any of his important customers could have a negative impact on his firm.
- His company is subject to changes in foreign currency exchange rates, which may have a negative impact on the company.
- Companies are incredibly dependent on their promoters, management team and the loss of any key member of the team can have a negative impact on the performance of their firm.
- At present, the EMS market is becoming very competitive, which can have a direct impact on the company.
Cyient DLM Ltd Financials
Cyient DLM Financials(in Crores)
| Year | Total Assets | Revenue | Profit |
|---|---|---|---|
| 2020 | ₹593.49 | ₹464.91 | ₹(6.70) |
| 2021 | ₹645.03 | ₹636.91 | ₹11.81 |
| 2022 | ₹776.91 | ₹728.48 | ₹39.80 |
| 2023 | ₹1104.72 | ₹838.34 | ₹31.73 |
Promoters
- Cyient Limited
Contact Details of Cyient DLM
3rd Floor, Plot No. 11, Software,
Units Layout, Infocity,
Madhapur, Hyderabad 500 081,
Telangana, India
Telephone: +91 821 4000 500
E-mail: company.secretary@cyientdlm.com
Website:www.cyientdlm.com
Cyient DLM Lead Managers
- JM Financial Limited
- Axis Capital Limited
Cyient DLM IPO Registrars
Selenium, Tower B, Plot No. – 31 and 32 Financial District
Nanakramguda, Serilingampally
Hyderabad, Rangareddy 500 032
Telangana, India
Telephone: +91 40 6716 2222
Email: cyientdlm.ipo@kfintech.com
Website: www.kfintech.com
Conclusion
There are some good and some bad things in the company. Looking at the financial position of the company, the track record has been good. In the financial year 2023, the company had a profit of Rs 31.73 crore. The company operates in many different sectors. Our suggestion is that you can apply in this IPO for listing gains and long-term. Cyient DLM Limited IPO financial details and other information are given above.
Cyient DLM IPO FAQs
How to Apply the Cyient DLM Ltd IPO with Zerodha?
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