Open Date
27 June 2023
30 June 2023
56 shares
Rs. 592.00 Cr
Close Date
Lot Size
IPO Size
Listing At
NSE, BSE
Listing Date
10 July 2023
Price Range
₹ 250 to ₹ 265 per share
Cyient DLM Limited provides Electronic Manufacturing Services (EMS) and solutions. The company provides Electronic Manufacturing Services as Build to Print ("B2P") and Build to Specification ("B2S") services. The company's client list includes Honeywell International Inc. ("Honeywell"), Thales Global Services S.A.S ("Thales"), ABB Inc, Bharat Electronics Limited, and Molbio 152 Diagnostics Private Limited, and so on.
Objective of the Cyient DLM IPO: The company intends to utilize the net proceeds from the issue towards the funding of the following objects: 1. Funding incremental working capital requirements of the company, 2. Funding capital expenditure of the company, 3. Repayment/prepayment, in part or full, of certain of the borrowings, 4. Achieving inorganic growth through acquisitions, and 5. General corporate purposes.
The IPO comprises a total issue of 22,339,623 shares (aggregating up to ₹592.00 Cr)