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Cyient DLM Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Cyient DLM Ltd IPO

Registered Office: 3rd Flr Plot No.11, Software,Units Layout Infocity Madhapur , Hyderabad - 500081 , Telangana , India.
Phone : 91 821 4000 500   Fax:
Email :  company.secretary@cyientdlm.com  
Website :  www.cyientdlm.com
Initial public offer of 22,373,584# equity shares of face value of (Rs)10 each ("Equity Shares") of Cyient DLM Limited ("Company" or "Issuer") for cash at a price of (Rs)265 per equity share (including a share premium of (Rs)255 per equity share) aggregating to (Rs)592.00 crores* (the "Issue"). * The company has, in consultation with the brlms, undertaken a private placement of 4,075,471 equity shares aggregating to (Rs)108.00 crores ("pre-ipo placement"). The size of the fresh issue of equity shares has been adjusted to (Rs)592.00 crores. The issue includes a reservation of 600,000# equity shares, aggregating to (Rs)15.00 crores (constituting 0.76% of the post-issue paid-up equity share capital), for subscription by eligible employees ("Employee Reservation Portion"). The company in consultation with the brlms, has offered a discount of (Rs)15 per equity share to eligible employee(s) bidding in the employee reservation portion ("Employee Discount"). The issue less the employee reservation portion is hereinafter referred to as the "Net Issue". The issue and the net issue constitute 28.21% and 27.45% of the post-issue paid-up equity share capital, respectively. The face value of equity shares is (Rs)10 each. The issue price is 26.50 times the face value of the equity shares. # Subject to finalisation of basis of allotment a

Issue Money Payable On
Opens On Closes On Application Allotment
27-Jun-23 30-Jun-23 (Rs)265.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :56  Further Multiples of :56

  (Rs Cr) Lead Managers to the Issue
Project Cost 658.96
Axis Capital Ltd
Project Financed through Current Offer 592.00  
Post Issue Equity Share Capital 79.32  
Issue Price (Rs)265.00  
 
Projects
Funding incremental working capital requirements of the companyAchieving inorganic growth through acquisitions
Funding capital expenditure of the companyGeneral corporate purposes
Repayment/prepayment in part or full of certain of the company borrowings
Promoted By
Cyient Ltd  
Listing At
BSE 
NSE 
Registrar to the Issue
KFin Techologies Ltd