Comparison between Cyient DLM IPO and ideaForge Technology IPO.
Cyient DLM IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while ideaForge Technology IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Cyient DLM IPO is up to ₹592.00 Cr whereas the issue size of the ideaForge Technology IPO is up to ₹567.24 Cr. The final issue price of Cyient DLM IPO is ₹265.00 per share and of ideaForge Technology IPO is ₹672.00 per share.
| Cyient DLM IPO | ideaForge Technology IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹250.00 per share | ₹638.00 per share |
| Issue Price (Upper) | ₹265.00 per share | ₹672.00 per share |
| Issue Price (Final) | ₹265.00 per share | ₹672.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹15.00 per share | ₹32.00 per share |
| Market Lot Size | 56 shares | 22 shares |
| Fresh Issue Size | 2,23,64,653 shares | 35,72,052 shares |
| Fresh Issue Size (Amount) | up to ₹592.00 Cr | up to ₹240.02 Cr |
| OFS Issue Size | 0 shares | 48,69,712 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹327.22 Cr |
| Issue Size Total | 2,23,64,653 shares | 84,41,764 shares |
| Issue Size Total (Amount) | up to ₹592.00 Cr | up to ₹567.24 Cr |
Cyient DLM IPO opens on Jun 27, 2023, while ideaForge Technology IPO opens on Jun 26, 2023. The closing date of Cyient DLM IPO and ideaForge Technology IPO is Jun 30, 2023, and Jun 30, 2023, respectively.
| Cyient DLM IPO | ideaForge Technology IPO | |
|---|---|---|
| Anchor Bid Date | Jun 26, 2023 | Jun 23, 2023 |
| Issue Open | Jun 27, 2023 | Jun 26, 2023 |
| Issue Close | Jun 30, 2023 | Jun 30, 2023 |
| Basis Of Allotment (Tentative) | Jul 04, 2023 | Jul 05, 2023 |
| Initiation of Refunds (Tentative) | Jul 05, 2023 | Jul 06, 2023 |
| Credit of Share (Tentative) | Jul 06, 2023 | Jul 07, 2023 |
| Listing date (Tentative) | Jul 10, 2023 | Jul 07, 2023 |
| Anchor Lockin End date 1 | Aug 03, 2023 | Aug 04, 2023 |
| Anchor Lockin End date 2 | Oct 02, 2023 | Oct 03, 2023 |
Cyient DLM IPO P/E ratio is 66.25, as compared to ideaForge Technology IPO P/E ratio of 87.5.
| Cyient DLM IPO | ideaForge Technology IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 92.84 | 33.37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 66.68 | 30.19 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 66.25 | 87.5 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2101.00 Cr. | ₹2800.20 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.1% | 13.11% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 13.48% | 12.51% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.27 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.07 | ₹8.12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 30.45% | 9.85% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Cyient DLM IPO Retail Individual Investors (RII) are offered 21,77,358 shares while in ideaForge Technology IPO retail investors are offered 21,77,358 shares. Qualified Institutional Buyers (QIB) are offered 65,32,076 shares in Cyient DLM IPO and 25,28,596 shares in ideaForge Technology IPO.
| Cyient DLM IPO | ideaForge Technology IPO | |
|---|---|---|
| Anchor Investor Reservation | 97,98,113 shares | 37,92,894 shares |
| Market Maker Reservation | ||
| QIB | 65,32,076 shares | 25,28,596 shares |
| NII | 32,66,037 shares | 12,64,297 shares |
| RII | 21,77,358 shares | 8,42,865 shares |
| Employee | 6,00,000 shares | 13,112 shares |
| Others | ||
| Total | 2,23,73,584 shares | 84,41,764 shares |
Cyient DLM IPO subscribed 71.35x in total, whereas ideaForge Technology IPO subscribed 106.06x.
| Cyient DLM IPO | ideaForge Technology IPO | |
|---|---|---|
| QIB (times) | 95.87x | 125.81x |
| NII (times) | 47.75x | 80.58x |
| Big NII (times) | 50.48x | 81.99x |
| Small NII (times) | 42.31x | 77.77x |
| RII (times) | 52.17x | 85.20x |
| Employee (times) | 2.60x | 96.65x |
| Other (times) | ||
| Total (times) | 71.35x | 106.06x |
