Cyient DLM IPO

Cyient DLM IPO| Review

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Cyient DLM Limited has come up with an initial public offer (IPO). It will open on June 27-30, 2023 at Rs.250-265 a share. The IPO issue size is around Rs.592.00 crores. The minimum bid will be for 56 shares and in its multiples thereafter.


Cyient DLM Limited was incorporated in the year 1993. It specializes in Digital Lifecycle Management solutions. They help businesses manage and optimize their product lifecycle by integrating digital technologies. With their expertise in areas like engineering, data analytics, and automation, Cyient DLM assists organizations in improving efficiency, reducing costs, and enhancing product performance. 

The company offers a range of services such as digital transformation, data management, predictive maintenance, and remote monitoring. By leveraging advanced technologies like the Internet of Things (IoT) and artificial intelligence (AI), Cyient DLM enables companies to make data-driven decisions, streamline processes, and maximize the lifespan and value of their products.



Cyient Limited is the Promoter of the Company

Promoter Holding

Pre-Issue Shareholding – 92.84%Post-Issue Shareholding – 66.68%

Strength & Weakness

Integrated engineering solutionsDependent on certain customers
High entry barriers for competitorsDependent on Promoter & mgmt team
Robust and industry leading order bookLow market share
Long-standing relationship with customersHighly dependent on Mysuru facility
Robust supply chainLower capacity utilization
Experienced Board & Sr. management teamDepend on 3rd party suppliers for raw materials


Printed circuit board (“PCB”) assembly (“PCBA”)
Cable harnesses
Box builds


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Company Financials

YearRevenue (in Crore)Profit (in Crore)

Objects of Issue

1) Funding incremental working capital requirements of our Company;

2) Funding capital expenditure of our Company;

3) Repayment/prepayment, in part or full, of certain of our borrowings;

4) Achieving inorganic growth through acquisitions;

5) General corporate purposes.

Cyient DLM IPO Lot Size

Retail (Min)156Rs.14,840
Retail (Max)13728Rs.1,92,920
S-HNI (Min)14784Rs.2,07,760
B-HNI (Max)673,752Rs.9,94,280

Cyient DLM IPO Details

IPO Opening Date June 27, 2023
IPO Closing Date June 30, 2023
Face Value Rs.10 per Equity Share
IPO Price Rs.250-265 per share
Market Lot 56 shares
Minimum Order Quantity 56 shares
Listing At NSE, BSE
Fresh Issue2,23,39,623 shares 
Offer for Sale
Issue Size Up to Rs.592.00 Crore
QIB Shares Offered 75% of the offer
Retail Shares Offered 15% of the offer 
NII/HNI Shares Offered 10% of the offer

Cyient DLM IPO Timetable

IPO DateJune 27-30, 2023
Allotment DateJuly 05, 2023
Initiation of RefundsJuly 06, 2023
Credit of share to Demat a/cJuly 07, 2023
IPO Listing DateJuly 10, 2023

Allotment Status

KFintech  –


About the author

Shankar Awale

Hey! I am Shankar Awale an aspiring blogger with an obsession for all things of Finance. This blog is dedicated to help people to learn about Financial Knowledge in easy language.

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