Cyient DLM IPO description – Incorporated in 1993, Cyient DLM is one of the leading integrated Electronic Manufacturing Services (‘EMS’) and solutions providers with strong capabilities across the value chain and the entire life cycle of a product. With over two decades of experience in developing high-mix, low-to-medium volume highly complex systems, it is a qualified supplier to global OEMs in the aerospace and defense, medical technology, and industrial sectors.
The company provides clients with Electronic Manufacturing Services such as Build to Print (‘B2P’) and Build Specification (‘B2S’) services. B2P solutions involve clients designing the product for which it 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 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, Molbio 152 Diagnostics Private Limited, and so on.
The company’s manufacturing infrastructure comprises three facilities spread across two states in India, at Mysuru, Hyderabad, and Bengaluru, with a total manufacturing area of 229,061 sq. ft. Mysuru facility has a manufacturing area of 65,929 sq. ft.
Promoters of Cyient DLM – Cyient Limited
Cyient DLM IPO Details
| Cyient DLM IPO Dates | 27 – 30 Jun 2023 |
| Cyient DLM IPO Price | INR 250 – 265 per share (Employee discount – INR 15 per share) |
| Fresh issue | INR 592 crore |
| Offer For Sale | Nil |
| Total IPO size | INR 592 crore |
| Minimum bid (lot size) | 56 shares (INR 14,840) |
| Face Value | INR 10 per share |
| Retail Allocation | 10% |
| Listing On | BSE, NSE |
Cyient DLM Financial Performance
| FY 2021 | FY 2022 | FY 2023 | |
| Revenue | 628.03 | 720.53 | 832.03 |
| Expenses | 621.32 | 677.75 | 795.18 |
| Net income | 11.81 | 39.80 | 31.73 |
| Margin (%) | 1.88 | 5.52 | 3.81 |
Cyient DLM Offer News
- Cyient DLM IPO: Here is all you need to know
- Cyient DLM IPO gets positive broker recommendations
- Cyient DLM RHP
- Cyient DLM DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Subscription Status
Cyient DLM Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 4.80 | 16.17 | 7.75 |
| PE ratio | – | – | 32.26 – 34.19 |
| RONW (%) | 31.38 | 51.61 | 16.03 |
| NAV | 15.30 | 31.34 | 48.33 |
| ROCE (%) | 11.48 | 17.56 | 13.48 |
| EBITDA (%) | 7.32 | 11.66 | 10.55 |
| Debt/Equity | 7.41 | 4.37 | 1.80 |
Cyient DLM IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 8 July 2023 | 130 | 270 | 2,500 |
| 7 July 2023 | 120 | 270 | 2,500 |
| 5 July 2023 | 120 | 300 | 2,500 |
| 3 July 2023 | 100 | 260 | 2,300 |
| 1 July 2023 | 110 | 280 | 2,500 |
| 29 June 2023 | 105 | 350 | 2,400 |
| 28 June 2023 | 95 | 350 | 2,100 |
| 27 June 2023 | 100 | 350 | 2,000 |
| 26 June 2023 | 105 | – | – |
| 24 June 2023 | 100 | – | – |
| 23 June 2023 | 100 | – | – |
Cyient DLM IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Employee | Total |
| Shares Offered | 6,924,000 | 3,462,000 | 2,308,000 | 638,297 | 13,332,297 |
| 30 Jun 2023 | 90.44 | 45.05 | 49.22 | 2.45 | 67.31 |
| 28 Jun 2023 | 0.91 | 11.70 | 25.31 | 1.23 | 7.95 |
| 27 Jun 2023 | 0.03 | 3.57 | 9.82 | 0.29 | 2.65 |
Cyient DLM IPO Allotment Status
Cyient DLM IPO allotment is now available on the KFin Tech website. Click on this link to get allotment status.
Cyient DLM IPO Dates & Listing Performance
| Cyient DLM IPO Opening Date | 27 June 2023 |
| Cyient DLM IPO Closing Date | 30 June 2023 |
| Finalization of Basis of Allotment | 5 July 2023 |
| Initiation of refunds | 6 July 2023 |
| Transfer of shares to demat accounts | 7 July 2023 |
| Cyient DLM IPO Listing Date | 10 July 2023 |
| Opening Price on NSE | INR 403 per share (up 52.08%) |
| Closing Price on NSE | INR 420.75 per share (up 58.77%) |
Cyient DLM IPO Reviews – Subscribe or Avoid?
Angel One –
Anand Rathi –
Ajcon Global – Subscribe
Antique Stock Broking –
Arihant Capital –
Ashika Research –
Asit C Mehta –
BP Wealth – Subscribe
Canara Bank Securities –
Choice Broking – Subscribe
Dalal & Broacha –
Elite Wealth – Subscribe
GCL Broking –
Geojit – Subscribe
GEPL Capital – Subscribe
Hem Securities – Subscribe
ICICIdirect –
Jainam Broking –
KR Choksey –
LKP Research –
Marwadi Financial – Subscribe
Motilal Oswal –
Nirmal Bang – Subscribe
Reliance Securities –
Religare Broking –
Samco Securities – Subscribe to listing gains
SMC Global – 3/5
Swastika Investmart –
Ventura Securities – Not rated
Cyient DLM Offer Lead Manager
AXIS CAPITAL LIMITED
1st Floor, C-2, Axis House Wadia International Centre
P.B. Marg, Worli Mumbai 400 025 Maharashtra, India
Phone: +91 22 4325 2183
Email: [email protected]
Website: www.axiscapital.co.in
Cyient DLM Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium, Tower B, Plot No. 31 and 32 Financial
District Nanakramguda, Serilingampally Hyderabad,
Rangareddi 500 032 Telangana, India
Phone: +91 40 6716 2222 / 18003094001
Email: [email protected]
Website: www.kfintech.com
Cyient DLM Contact Details
CYIENT DLM LIMITED
347, D1 & 2, KIADB Electronics City,
Hebbal Industrial Area, Mysuru 570 061, Karnataka
Phone: +91 821 4000 500
Email: [email protected]
Website: www.cyientdlm.com
Cyient DLM IPO FAQs
How many shares in Cyient DLM IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%.
How to apply in Cyient DLM Public Offer?
The best way to apply in Cyient DLM public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Cyient DLM IPO GMP today?
Cyient DLM IPO GMP today is INR 130 per share.
What is Cyient DLM kostak rate today?
Cyient DLM kostak rate today is INR 270 per application.
What is Cyient DLM Subject to Sauda rate today?
Cyient DLM Subject to Sauda rate today is INR 2,500 per application.
