Cyient DLM IPO vs Senco Gold IPO

Comparision between Cyient DLM IPO and Senco Gold IPO.

IPO Details

Cyient DLM IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Senco Gold IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Cyient DLM IPO	Senco Gold IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Axis Capital Limited Jm Financial Limited	Iifl Securities Ltd Ambit Private Limited SBI Capital Markets Limited
Registrar	Kfin Technologies Limited	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Cyient DLM IPO is up to ₹592.00 Cr whereas the issue size of the Senco Gold IPO is up to ₹405.00 Cr. The final issue price of Cyient DLM IPO is ₹265.00 per share and of Senco Gold IPO is ₹317.00 per share.

	Cyient DLM IPO	Senco Gold IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹250.00 per share	₹301.00 per share
Issue Price (Upper)	₹265.00 per share	₹317.00 per share
Issue Price (Final)	₹265.00 per share	₹317.00 per share
Discount (Retail)
Discount (Employee)	₹15.00 per share
Market Lot Size	56 shares	47 shares
Fresh Issue Size	2,23,39,623 shares	85,17,350 shares
Fresh Issue Size (Amount)	up to ₹592.00 Cr	up to ₹270.00 Cr
OFS Issue Size		42,58,675 shares
OFS Issue Size (Amount)		up to ₹135.00 Cr
Issue Size Total	2,23,39,623 shares	1,27,76,025 shares
Issue Size Total (Amount)	up to ₹592.00 Cr	up to ₹405.00 Cr

IPO Timetable

Cyient DLM IPO opens on Jun 27, 2023, while Senco Gold IPO opens on Jul 04, 2023. The closing date of Cyient DLM IPO and Senco Gold IPO is Jun 30, 2023, and Jul 06, 2023, respectively.

	Cyient DLM IPO	Senco Gold IPO
Anchor Bid Date	Jun 26, 2023	Jul 03, 2023
Issue Open	Jun 27, 2023	Jul 04, 2023
Issue Close	Jun 30, 2023	Jul 06, 2023
Basis Of Allotment (Tentative)	Jul 04, 2023	Jul 11, 2023
Initiation of Refunds (Tentative)	Jul 05, 2023	Jul 12, 2023
Credit of Share (Tentative)	Jul 06, 2023	Jul 13, 2023
Listing date (Tentative)	Jul 10, 2023	Jul 14, 2023
Anchor Lockin End date 1	Aug 03, 2023	Aug 10, 2023
Anchor Lockin End date 2	Oct 02, 2023	Oct 09, 2023

Financials

Cyient DLM IPO P/E ratio is 66.25, as compared to Senco Gold IPO P/E ratio of 15.53.

Cyient DLM IPO

Senco Gold IPO

Financial

Cyient DLM Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	593.49	464.91	-6.70	25.71	24.34	261.37
31-Mar-21	645.03	636.91	11.81	37.65	36.29	233.77
31-Mar-22	776.91	728.48	39.80	77.11	75.75	293.19
31-Mar-23	1,104.72	838.34	31.73	197.87	145.01	314.47
Amount in ₹ Crore

Senco Gold Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-21	1,559.30	2,674.92	61.48	602.51	536.53	532.44
31-Mar-22	2,100.19	3,547.41	129.10	725.77	659.46	862.97
31-Mar-23	2,905.32	4,108.54	158.48	944.97	876.27	1,177.17
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

92.84%

76.92%

Promoter Shareholding (Post-Issue)

66.68%

68.48%

P/E Ratio

66.25

15.53

Market Cap

₹2101.00 Cr.

₹2462.00 Cr.

ROE

23.1%%

18.9%%

ROCE

13.48%%

14.2%%

Debt/Equity

1.25

EPS

₹10.07

₹22.93

RoNW

30.45%%

18.96%%

Shares Offered

In the Cyient DLM IPO retail investors (RII) are offered 21,77,358 shares while in Senco Gold IPO retail investors are offered 21,77,358 shares. Qualified institutional buyers (QIB) are offered 65,32,076 shares in Cyient DLM IPO and 25,55,203 shares in Senco Gold IPO.

	Cyient DLM IPO	Senco Gold IPO
Anchor Investor Reserveration	97,98,113 shares	38,32,807 shares
Market Maker Reserveration
QIB	65,32,076 shares	25,55,203 shares
NII	32,66,037 shares	19,16,404 shares
RII	21,77,358 shares	44,71,609 shares
Employee	6,02,167 shares	0 shares
Others
Total	1,25,77,638 shares	89,43,216 shares

Bids Received (Subscription)

Cyient DLM IPO subscribed 71.35x in total, whereas Senco Gold IPO subscribed 77.25x.

	Cyient DLM IPO	Senco Gold IPO
QIB (times)	95.87x	190.56x
NII (times)	47.75x	68.44x
Big NII (times)	50.48x	72.05x
Small NII (times)	42.31x	61.23x
RII (times)	52.17x	16.28x
Employee (times)	2.60x
Other (times)
Total (times)	71.35x	77.25x

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Senco Gold IPO	Utkarsh Small Finance Bank IPO
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