Comparison between Cyient DLM IPO and IKIO Lighting IPO.
Cyient DLM IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while IKIO Lighting 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 IKIO Lighting IPO is up to ₹606.50 Cr. The final issue price of Cyient DLM IPO is ₹265.00 per share and of IKIO Lighting IPO is ₹285.00 per share.
| Cyient DLM IPO | IKIO Lighting IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹250.00 per share | ₹270.00 per share |
| Issue Price (Upper) | ₹265.00 per share | ₹285.00 per share |
| Issue Price (Final) | ₹265.00 per share | ₹285.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹15.00 per share | |
| Market Lot Size | 56 shares | 52 shares |
| Fresh Issue Size | 2,23,64,653 shares | 1,22,80,701 shares |
| Fresh Issue Size (Amount) | up to ₹592.00 Cr | up to ₹350.00 Cr |
| OFS Issue Size | 0 shares | 90,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹256.50 Cr |
| Issue Size Total | 2,23,64,653 shares | 2,12,80,701 shares |
| Issue Size Total (Amount) | up to ₹592.00 Cr | up to ₹606.50 Cr |
Cyient DLM IPO opens on Jun 27, 2023, while IKIO Lighting IPO opens on Jun 06, 2023. The closing date of Cyient DLM IPO and IKIO Lighting IPO is Jun 30, 2023, and Jun 08, 2023, respectively.
| Cyient DLM IPO | IKIO Lighting IPO | |
|---|---|---|
| Anchor Bid Date | Jun 26, 2023 | Jun 05, 2023 |
| Issue Open | Jun 27, 2023 | Jun 06, 2023 |
| Issue Close | Jun 30, 2023 | Jun 08, 2023 |
| Basis Of Allotment (Tentative) | Jul 04, 2023 | Jun 13, 2023 |
| Initiation of Refunds (Tentative) | Jul 05, 2023 | Jun 14, 2023 |
| Credit of Share (Tentative) | Jul 06, 2023 | Jun 15, 2023 |
| Listing date (Tentative) | Jul 10, 2023 | Jun 16, 2023 |
| Anchor Lockin End date 1 | Aug 03, 2023 | Jul 13, 2023 |
| Anchor Lockin End date 2 | Oct 02, 2023 | Sep 11, 2023 |
Cyient DLM IPO P/E ratio is 66.25, as compared to IKIO Lighting IPO P/E ratio of 32.13.
| Cyient DLM IPO | IKIO Lighting IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Proforma Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 92.84 | 100.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 66.68 | 72.46 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 66.25 | 32.13 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2101.00 Cr. | ₹2202.50 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.1% | 36.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 13.48% | 26.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.03 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.07 | ₹7.90 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 30.45% | 36.46% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Cyient DLM IPO Retail Individual Investors (RII) are offered 21,77,358 shares while in IKIO Lighting IPO retail investors are offered 21,77,358 shares. Qualified Institutional Buyers (QIB) are offered 65,32,076 shares in Cyient DLM IPO and 42,56,140 shares in IKIO Lighting IPO.
| Cyient DLM IPO | IKIO Lighting IPO | |
|---|---|---|
| Anchor Investor Reservation | 97,98,113 shares | 63,84,209 shares |
| Market Maker Reservation | ||
| QIB | 65,32,076 shares | 42,56,140 shares |
| NII | 32,66,037 shares | 31,92,106 shares |
| RII | 21,77,358 shares | 74,48,246 shares |
| Employee | 6,00,000 shares | |
| Others | ||
| Total | 2,23,73,584 shares | 2,12,80,701 shares |
Cyient DLM IPO subscribed 71.35x in total, whereas IKIO Lighting IPO subscribed 67.75x.
| Cyient DLM IPO | IKIO Lighting IPO | |
|---|---|---|
| QIB (times) | 95.87x | 163.06x |
| NII (times) | 47.75x | 65.38x |
| Big NII (times) | 50.48x | 69.01x |
| Small NII (times) | 42.31x | 58.13x |
| RII (times) | 52.17x | 14.31x |
| Employee (times) | 2.60x | |
| Other (times) | ||
| Total (times) | 71.35x | 67.75x |
