-- / 56 shares
IPO Details
Issue Date
--
Investment/lot
--
Price Range
265
Lot Size
56
IPO Size
₹ 592.90 Cr
IPO Listing Details
Listing On
10 Jul'23
Issue Price
--
Listed Price
₹ 403
Retail Gain/Listing Gain
▲52.08%
IPO Timeline
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.
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
Particulars (in Rs. million)
Particulars (in Rs. million)
How to apply for IPO through ASBA
Kotak Securities
•00m 58s
How to apply for an IPO using UPI
Kotak Securities
•01m 19s
How to apply for an IPO using UPI
Cyient DLM Ltd IPO FAQs
When is Cyient DLM Ltd IPO listing date?
Cyient DLM Ltd will list on 2023-07-10.
What is the issue size of Cyient DLM Ltd IPO?
592.90 is the issue size of Cyient DLM Ltd IPO.
What is the price band of the Cyient DLM Ltd IPO?
The price band of Cyient DLM Ltd IPO is ₹265 to ₹0.
What is Cyient DLM Limited IPO?
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.
Who is the Registrar of Cyient DLM Limited IPO?
KFin Technologies Limited is the registrar for this IPO.
Where can I read more about Cyient DLM Limited’s business?
You can read more about Cyient DLM Limited and its IPO from the company’s red herring prospectus (RHP) here: Cyient DLM Limited.
