Cyient DLM IPO, Review, IPO Performance by IPOPlatform India

About Cyient DLM

Company Information

Cyient DLM Limited is one of the leading integrated Electronic Manufacturing Services (EMS) and solutions providers (Source: Frost & Sullivan Report), 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, the company is a qualified supplier to global OEMs in the aerospace and defense, medical technology, and industrial sectors. It is one of the few EMS companies in India catering to highly regulated industries and the largest supplier of EMS services to the aerospace and defense industry by value in India (Source: Frost & Sullivan Report).
The company leverages the design capabilities of its Promoter, Cyient Limited, a leading engineering services provider with over three

Object of Issue

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 MainBoard IPO Details (at the time of IPO)

IPO Type :

Book Building

IPO Date :

Jul, 2023

IPO Size :

592.00 Cr.

Market Cap :

2101.00 Cr.

IPO Subscription :

71.35 X

PE Multiple :

0.00

Merchant Banker :
Axis Capital Limited

IPO Registrar:
Kfin Technologies Limited

FAQs

1. What is Cyient DLM IPO?

Cyient DLM operates in Electric Equipments and Electronic Manufacturing Services And Solutions. The Issue is listed on MainBoard in Jul, 2023. Cyient DLM IPO size was 592.00 Cr. with Issue price of 265.00 .

2. Who is the merchant banker of Cyient DLM IPO?

Merchant Banker(s) of Cyient DLM IPO: Axis Capital Limited , Jm Financial Limited

3. How many times Cyient DLM IPO was subscribed?

Cyient DLM IPO subscription was 71.35 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

4. What is the listing price of Cyient DLM IPO?

Cyient DLM IPO listed at a listing price of 420.75 against the offer price of 265.00.

5. What is the current market price of Cyient DLM IPO?

The current market price of Cyient DLM is 600.30.