Cyient DLM Ltd. IPO

Cyient DLM ltd. is a leading integrated Electronic Manufacturing Services (EMS) and solutions provider. They have over 22 years of experience in developing high mix, low-to-medium volume highly complex systems. They are a qualified supplier to global OEMs in the aerospace and defence, medical technology and industrial sectors.

RHP
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DRHP
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Open Date

2023-06-27

Close Date

2023-06-30

Company Financials

You can get the following financial statements of Cyient DLM Ltd. as of now.

Subscription Details

The details about the Cyient DLM Ltd IPO is as:

  • The issue size of the IPO is 592 Cr.
  • The price band for Cyient DLM Ltd IPO is Rs 250 to Rs 265.
  • The shares of Cyient DLM Ltd IPO will list on 10th July 2023.
  • The latest tentative GMP of Cyient DLM Ltd IPO is Rs 115.
  • The shares of Cyient DLM Ltd IPO is subscribed 71.35 Times as of 30th June 2023.

 

Cyient DLM Ltd IPO Valuation

The approx valuation of Cyient DLM Ltd IPO based on its price band and RHP/DRHP (prospectus) is:

Particulars Value
Upper Price Band Rs 265
Existing Shares (Qty) 11.05 Cr
Fresh Issue 592 Cr
Market Cap 3520.25 Cr
EPS (FY23) Rs 7.75
Industry PE 49.75

 

Cyient DLM Ltd IPO Issue Size

Cyient DLM Ltd IPO issue size is 592 Cr.

Issue Amount
Fresh Issue 592 Cr
Offer For Sale 0 Cr

 

Cyient DLM Ltd IPO Market Lot

An Individual can apply for a minimum 1 lot of 56 shares and a maximum of 13 lots of 728 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 56 Rs 14,840
 Maximum 13 728 Rs 1,92,920

 

Cyient DLM Ltd IPO share offer

The shares of Cyient DLM Ltd IPO is subscribed 71.35 Times as of 30th June 2023. The category-wise shares offered are as follows:

Category % Offered Subscription
Qualified Institutional Minimum 75% 95.87 Times
Non-Institutional Maximum 15% 47.75 Times
Retail Individual Maximum 10% 52.17 Times
Employee   2.60 Times
Total   71.35 Times

 

Cyient DLM Ltd IPO Grey Market Premium

As on GMP (Tentative)
28 June 2023 Rs 110
30 June 2023 Rs 115
3 July 2023 Rs 115

Cyient DLM Ltd IPO GMP is purely for informational purposes and invest in an IPO after thoroughly researching on your own.

 

Allotment Details

Find below the dates for Cyient DLM IPO:

Schedule Date
Basis of Allotment 5 July 2023
Refunds 6 July 2023
Credit to Demat Account 7 July 2023
IPO Listing Date 10 July 2023

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 480.47 457.09 628.03 720.53 832.03
Total Expenditure 462.88 443.36 582.08 636.49 744.81
Operating Profit 17.59 13.73 45.94 84.04 87.22
Other Income 3.4 7.83 8.88 7.95 6.87
Interest 14.06 18.19 20.77 21.98 31.52
Depreciation 8.32 10.58 18.46 19.29 19.42
Exceptional Items 0 0 0 0 0
Profit Before Tax -1.38 -7.22 15.6 50.73 43.16
Provision for Tax -0.45 -0.51 3.78 10.94 11.43
Net Profit -0.93 -6.7 11.81 39.46 31.9
Adjusted EPS (Rs.) -0.04 -0.27 0.48 1.62 0.6

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 1.37 1.37 1.37 1.37 52.87
Total Reserves 33.56 24.34 36.29 75.75 145.01
Borrowings 8.14 65.19 64 99.56 99.56
Other N/C liabilities -1.91 40.48 49.16 77.18 57.04
Current liabilities 420.06 455.93 489.13 519.17 744.87
Total Liabilities 461.22 587.3 639.95 773.02 1099.34
Assets
Net Block 48.27 106.19 185.62 172.21 160.95
Capital WIP 1.03 77.4 2.32 3.39 1.33
Intangible WIP 0 0 0 0 0
Investments 0 0.32 0.32 0.32 89.52
Loans & Advances 9.71 15.37 7 4.92 6.26
Other N/C Assets 6.24 0 1.76 0.28 1.58
Current Assets 395.96 388.02 442.92 591.9 839.69
Total Assets 461.22 587.3 639.95 773.02 1099.34
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2023 Sep 2023 Dec 2023
Other Income 1.22 9.96 10.19
Profit Before Tax 6.99 19.76 24.69
Tax 1.63 5.11 6.25
Profit After Tax 5.36 14.65 18.44
Adjusted EPS (Rs) 0.94 1.85 2.33

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 66.66 0
Dec 2023 66.66 0
Sep 2023 66.66 0
Jun 2023 66.66 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations -1.38 -7.22 15.6 50.73 43.16
Adjustment 26.42 30.78 41.13 36.87 48.67
Changes in Assets & Liabilities 3.93 -10.55 -19.95 -32.86 -22.88
Tax Paid -0.1 0.26 0.07 -6.2 -16.84
Operating Cash Flow 28.87 13.28 36.85 48.54 52.11
Investing Cash Flow -9.97 -83.25 -0.9 -32.41 -141.84
Financing Cash Flow -1.59 70.13 -44.74 46.07 74.04
Net Cash Flow 17.32 0.16 -8.79 62.19 -15.7
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