Cyient DLM IPO vs Netweb Technologies IPO

Comparison between Cyient DLM IPO and Netweb Technologies IPO.

IPO Details

Cyient DLM IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Netweb Technologies IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Cyient DLM IPO is up to ₹592.00 Cr whereas the issue size of the Netweb Technologies IPO is up to ₹631.00 Cr. The final issue price of Cyient DLM IPO is ₹265.00 per share and of Netweb Technologies IPO is ₹500.00 per share.

 Cyient DLM IPONetweb Technologies IPO
Face Value₹10 per share₹2 per share
Issue Price (Lower)₹250.00 per share₹475.00 per share
Issue Price (Upper)₹265.00 per share₹500.00 per share
Issue Price (Final)₹265.00 per share₹500.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹15.00 per share₹25.00 per share
Market Lot Size56 shares30 shares
Fresh Issue Size2,23,64,653 shares41,21,000 shares
Fresh Issue Size (Amount)up to ₹592.00 Crup to ₹206.03 Cr
OFS Issue Size0 shares85,00,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹424.97 Cr
Issue Size Total2,23,64,653 shares1,26,21,000 shares
Issue Size Total (Amount)up to ₹592.00 Crup to ₹631.00 Cr

IPO Timetable

Cyient DLM IPO opens on Jun 27, 2023, while Netweb Technologies IPO opens on Jul 17, 2023. The closing date of Cyient DLM IPO and Netweb Technologies IPO is Jun 30, 2023, and Jul 19, 2023, respectively.

 Cyient DLM IPONetweb Technologies IPO
Anchor Bid DateJun 26, 2023Jul 14, 2023
Issue OpenJun 27, 2023Jul 17, 2023
Issue CloseJun 30, 2023Jul 19, 2023
Basis Of Allotment (Tentative)Jul 04, 2023Jul 24, 2023
Initiation of Refunds (Tentative)Jul 05, 2023Jul 25, 2023
Credit of Share (Tentative)Jul 06, 2023Jul 26, 2023
Listing date (Tentative)Jul 10, 2023Jul 27, 2023
Anchor Lockin End date 1Aug 03, 2023Aug 23, 2023
Anchor Lockin End date 2Oct 02, 2023Oct 22, 2023

Financials & KPIs

Cyient DLM IPO P/E ratio is 66.25, as compared to Netweb Technologies IPO P/E ratio of 59.67.

 Cyient DLM IPONetweb Technologies IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets1,104.72776.91645.03593.49
Total Income838.34728.48636.91464.91
Profit After Tax31.7339.8011.81-6.70
NET Worth197.8777.1137.6525.71
Reserves and Surplus145.0175.7536.2924.34
Total Borrowing314.47293.19233.77261.37
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets265.95148.61110.2050.59
Total Income445.65247.94144.29157.23
Profit After Tax46.9422.458.233.91
NET Worth93.6744.3721.8213.65
Reserves and Surplus83.4838.7116.157.99
Total Borrowing35.6034.4830.5415.23
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)92.8497.80
Promoter Shareholding (Post-Issue)66.6875.45
P/E Ratio66.2559.67
Market Cap₹2101.00 Cr.₹2803.20 Cr.
ROE23.1%68.01%
ROCE13.48%64.42%
Debt/Equity0.30
EPS₹10.07₹9.22
RoNW30.45%68.01%

Shares Offered

In the Cyient DLM IPO Retail Individual Investors (RII) are offered 21,77,358 shares while in Netweb Technologies IPO retail investors are offered 21,77,358 shares. Qualified Institutional Buyers (QIB) are offered 65,32,076 shares in Cyient DLM IPO and 25,20,200 shares in Netweb Technologies IPO.

 Cyient DLM IPONetweb Technologies IPO
Anchor Investor Reservation97,98,113 shares37,80,300 shares
Market Maker Reservation
QIB65,32,076 shares25,20,200 shares
NII32,66,037 shares18,90,150 shares
RII21,77,358 shares44,10,350 shares
Employee6,00,000 shares20,000 shares
Others
Total2,23,73,584 shares1,26,21,000 shares

Bids Received (Subscription)

Cyient DLM IPO subscribed 71.35x in total, whereas Netweb Technologies IPO subscribed 90.55x.

 Cyient DLM IPONetweb Technologies IPO
QIB (times)95.87x220.69x
NII (times)47.75x83.21x
Big NII (times)50.48x88.29x
Small NII (times)42.31x73.07x
RII (times)52.17x19.48x
Employee (times)2.60x55.92x
Other (times)
Total (times)71.35x90.55x

Compare with others

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Cyient DLM IPO Vs Netweb Technologies IPO