Cyient DLM IPO vs Nexus Select Trust REIT

Comparison between Cyient DLM IPO and Nexus Select Trust REIT.

IPO Details

Cyient DLM IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Nexus Select Trust REIT 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 Nexus Select Trust REIT is up to ₹3,200.00 Cr. The final issue price of Cyient DLM IPO is ₹265.00 per share and of Nexus Select Trust REIT is ₹100.00 per share.

 Cyient DLM IPONexus Select Trust REIT
Face Value₹10 per share
Issue Price (Lower)₹250.00 per share₹95.00 per share
Issue Price (Upper)₹265.00 per share₹100.00 per share
Issue Price (Final)₹265.00 per share₹100.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)₹15.00 per share
Market Lot Size56 shares150 shares
Fresh Issue Size2,23,64,653 shares14,00,00,000 shares
Fresh Issue Size (Amount)up to ₹592.00 Crup to ₹1,400.00 Cr
OFS Issue Size0 shares18,00,00,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹1,800.00 Cr
Issue Size Total2,23,64,653 shares32,00,00,000 shares
Issue Size Total (Amount)up to ₹592.00 Crup to ₹3,200.00 Cr

IPO Timetable

Cyient DLM IPO opens on Jun 27, 2023, while Nexus Select Trust REIT opens on May 09, 2023. The closing date of Cyient DLM IPO and Nexus Select Trust REIT is Jun 30, 2023, and May 11, 2023, respectively.

 Cyient DLM IPONexus Select Trust REIT
Anchor Bid DateJun 26, 2023May 08, 2023
Issue OpenJun 27, 2023May 09, 2023
Issue CloseJun 30, 2023May 11, 2023
Basis Of Allotment (Tentative)Jul 04, 2023May 16, 2023
Initiation of Refunds (Tentative)Jul 05, 2023May 17, 2023
Credit of Share (Tentative)Jul 06, 2023May 18, 2023
Listing date (Tentative)Jul 10, 2023May 19, 2023
Anchor Lockin End date 1Aug 03, 2023Jun 15, 2023
Anchor Lockin End date 2Oct 02, 2023Aug 14, 2023

Financials & KPIs

Cyient DLM IPO P/E ratio is 66.25, as compared to Nexus Select Trust REIT P/E ratio of .

 Cyient DLM IPONexus Select Trust REIT
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 Consolidated)

Period Ended31 Dec 202231 Mar 202231 Mar 202131 Mar 2020
Assets8,989.539,089.778,959.369,527.64
Total Income1,498.351,398.521,047.971,708.19
Profit After Tax257.02-10.95-199.11206.74
Reserves and Surplus639.31389.15340.89976.05
Total Borrowing5,872.316,311.206,281.385,955.67
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)92.84
Promoter Shareholding (Post-Issue)66.68
P/E Ratio66.25
Market Cap₹2101.00 Cr.₹15150.00 Cr.
ROE23.1%
ROCE13.48%
Debt/Equity
EPS₹10.07
RoNW30.45%

Shares Offered

In the Cyient DLM IPO Retail Individual Investors (RII) are offered 21,77,358 shares while in Nexus Select Trust REIT retail investors are offered 21,77,358 shares. Qualified Institutional Buyers (QIB) are offered 65,32,076 shares in Cyient DLM IPO and 9,60,00,150 shares in Nexus Select Trust REIT.

 Cyient DLM IPONexus Select Trust REIT
Anchor Investor Reservation97,98,113 shares14,39,99,850 shares
Market Maker Reservation0 shares
QIB65,32,076 shares9,60,00,150 shares
NII32,66,037 shares8,00,00,000 shares
RII21,77,358 shares0 shares
Employee6,00,000 shares0 shares
Others
Total2,23,73,584 shares32,00,00,000 shares

Bids Received (Subscription)

Cyient DLM IPO subscribed 71.35x in total, whereas Nexus Select Trust REIT subscribed 5.45x.

 Cyient DLM IPONexus Select Trust REIT
QIB (times)95.87x4.81x
NII (times)47.75x
Big NII (times)50.48x
Small NII (times)42.31x
RII (times)52.17x
Employee (times)2.60x
Other (times)6.23x
Total (times)71.35x5.45x

Compare with others

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Cyient DLM IPO Vs Nexus Select Trust REIT