Cyient DLM IPO

Cyient DLM Limited

₹14,000 /56 sharesMinimum Investment

Cyient DLM IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
BSE & NSE₹265.00₹403.00₹138.00 (52.08%)

Cyient DLM IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
27 Jun ‘23 - 30 Jun ‘23₹14,00056₹250 - ₹265
Issue SizeIPO Doc
592.00Cr
RHP PDF

Subscription Status As on 30 Jun '23, 5:30 PM

  • Qualified Institutional Buyers
    90.44x
  • Non-Institutional Investor
    45.05x
  • Retail Individual Investor
    49.20x
  • Employees
    2.45x
  • Total
    67.30x

About Cyient DLM

Since its starting in 1993, Cyient DLM has been a supplier of electronics and mechanical manufacturing partners and systems. It operates in diverse sectors including aerospace and defense, medical technology, and industrial domains. The company offers electronic manufacturing services in two key categories: Build to Print (B2P) and Build to Specification (B2S). Under the B2P umbrella, the company collaborates closely with clients who design products. The company's extensive solutions comprise various vital components, including Printed Circuit Board (PCB) assembly (PCBA), cable harnesses, and box builds. ;
Parent Organisation
Cyient DLM Limited
Founded
1993
Managing Director
Mr. Rajendra Velagapudi

Strengths & Risks

  • Cyient DLM is a comprehensive and fully integrated EMS and solutions provider renowned for its capabilities in offering B2P and B2S services.
  • The company holds the distinction of being the largest supplier of EMS services to the aerospace and defense sector in India in terms of value.
  • The company boasts a manufacturing infrastructure spanning an expansive area of 229,061 sq ft in Mysuru, Hyderabad, and Bengaluru.
  • The company is positioned as one of the select EMS companies in India that cater to the electronics requirements of safety-conscious industries with mission-critical applications. This positioning may be a substantial obstacle for new players entering this highly regulated sector.
  • The company boasts a track record of long-term contracts with its customers, some even surpassing the 10-year mark.
  • Over the past 3 years, the company witnessed significant growth. In 2022, the company’s total income amounted to Rs. 728.48 crores, a substantial increase from the Rs. 464.91 crores earned in 2020.
  • The company's success hinges on selling its products to a select group of key customers. If any of these crucial customers are lost or if there is a decline in revenue from their purchases, it could have significant negative consequences for the company's overall business.
  • The company relies on external suppliers to procure the necessary raw materials and components on a purchase-order basis. Any delays, shortages, interruptions, reductions in supply or volatility in raw material prices could substantially adversely impact its business.
  • If a significant portion of the company's customers defaults or experiences delays in payment, it could adversely affect the business.
  • A significant portion of the company's revenue from operations relies on its Mysuru facility. Any disruptions or disturbances to the Mysuru facility could adversely impact the company's business and cash flows.
  • The company's working capital requirements necessitate additional financing, which could have an adverse effect on its financial condition, and cash flows. As of September 30, 2022, the outstanding indebtedness related to working capital facilities stood at Rs. 208.59 crores.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular250 - 265₹2 Lakh
Employee235 - 250₹2 Lakh
High Networth Individual250 - 265₹2 - 5 Lakh
For Cyient DLM IPO, eligible investors can apply as Regular & Employee.
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