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Cyient DLM Ltd
Cyient DLM Ltd
Registered Office : 3rd Flr Plot No.11, Software,Units Layout Infocity Madhapur,Hyderabad Telangana 500081 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
Opens On
Closes On
27-Jun-2023
30-Jun-2023
Application
Allotment
265.00
0.00
Minimum Application for shares in Nos : 56.0 Further Multiples of : 56.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
658.96
592.00
79.32
265.00
Axis Capital Ltd
JM Financial Ltd
- Funding incremental working capital requirements of the company
- Funding capital expenditure of the company
- Repayment/prepayment in part or full of certain of the company borrowings
- Achieving inorganic growth through acquisitions
- General corporate purposes
- Cyient Ltd
- BSE
- NSE
- KFin Techologies Ltd