Cyient Dlm IPO
Cyient Dlm Limited
Minimum investment
Cyient Dlm IPO Details
Bidding date
27 Jun - 30 Jun 2023
Price range
—
Minimum quantity
56
Minimum investment
₹14,000
Issue size
—
Listing exchange
NSE/BSE
Cyient Dlm IPO Dates & Timeline
About Cyient Dlm IPO: Company Overview
Cyient is one of the leading integrated Electronic Manufacturing Services (EMS) and solutions providers with capabilities across the value chain and the entire life cycle of a product. Incorporated in 1993, 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.
Their solutions primarily comprise: (i) printed circuit board (PCB) assembly (PCBA), (ii) cable harnesses, and (iii) box builds which are used in safety critical systems such as cockpits, inflight systems, landing systems, and medical diagnostic equipment.
Strengths & Risks of Cyient Dlm IPO
Integrated Solution Provider:: Our position as one of the few EMS companies in India offering electronics solutions for safety and mission-critical applications in highly regulated industries acts as a significant entry barrier to new entrants
High Entry Barriers: : Cyient is one of the few EMS companies in India offering electronics solutions for safety and mission-critical applications in highly regulated industries acts as a significant entry barrier to new entrants.
Long Term Marquee Clients: : They enjoy long-term relationships as an integrated partner to multiple marquee customers such as Honeywell International, Thales Global Services, ABB Inc, Bharat Electronics Limited and Molbio Diagnostics Private Limited, with an average relationship of over 11 years.
Promoter’s Expertise: : Cyient derives derived significant advantages and a competitive edge from the sectoral expertise of our Promoter, which was named as a Rising Star in Managed Services by the Information Services Group and was named in the ‘Leadership zone’ across aerospace, telecommunication, semiconductors, industrial, and medical devices verticals.
Manufacturing Infrastructure: : Cyient manufacturing infrastructure comprises three facilities spread across two states in India, at Mysuru, Hyderabad and Bengaluru, with a total manufacturing area of 229,061 sq. ft.
Customer Concentration: : Cyient derives 90% of revenue from 10 top customers, thus increased risk to revenues if any of the top customers leave.
Competition: : Cyient market share in the Indian EMS market is 0.5% . Any failure to compete effectively in the highly competitive EMS industry could have adverse effect on our business and cash flows.
Inventory Costs: : Our cost of materials consumed is 80% of total expenses & profitability is dependent on inventory costs. Failure to manage inventory costs may have an adverse effect on profits
How to Apply for Cyient Dlm IPO: Step-by-Step Guide
- Research the IPO:Review the prospectus and company details.
- Open accounts:Ensure you have a demat and trading account.
- Check dates:Note the IPO opening and closing dates.
- Apply online:Log in to your brokerage account and complete the IPO application form.
- Make payment:Pay through your linked bank account.
- Submit application:Confirm and submit your application.
- Track status:Monitor the allotment status and check for shares in your demat account upon listing.