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Cyient DLM Company is coming up with Initial Public Offering to start a new journey in Stock Exchanges.

Cyient DLM (Cyient Design Led Manufacturing) Private Limited is an Indian integrated manufacturing company that is focused on Electronics products such as printed circuit board (“PCB”) assembly (“PCBA”), (ii) cable harnesses, and (iii) box builds. These products are used in safety-critical systems such as cockpits, inflight systems, landing systems, and medical diagnostic equipment in aerospace and defense, Industrial, and Healthcare & life sciences industries.

History

Cyient DLM was originally registered on dated June 30, 1993, as ‘Rangsons Electronics Private Limited’ at Mysuru, Karnataka as a private limited company under the Companies Act, 1956. On December 22, 2016, the company has changed its name to ‘Cyient DLM Private Limited’. Again, the company changed to ‘Cyient DLM Limited’ to become a public company with a fresh certificate of incorporation dated December 13, 2022, from RoC.

Cyient Limited is the Promoter of Cyient DLM. Cyient Limited has subsidiary companies

·        Cyient, Inc

·        Cyient Europe Ltd

·        Cyient GmbH

·        Cyient Ltd (Japan)

·        Cyient Insights

·        Cyient Singapore Pte Ltd

·        Cyient Design Led Manufacturing (DLM)

·        Certon

·        Blom Aerofilms

Cyient DLM Promoters and Registered Office

Cyient Limited is partially divesting its subsidiary Cyient DLM to make it a separate entity. The promoter Cyient Limited filed DRHP with market regulator SEBI on January 9, 2023, to process the initial public offering of Cyient DLM Limited. Cyient DLM will be listed in both the exchanges in BSE and NSE.

On July 3, 2020, the registered office of the company changed to 3rd Floor, Plot No. 11, Software Units Layout, Infocity, Madhapur, Hyderabad 500 081, Telangana, India.

Cyient DLM Products

Cyient DLM is a global integrated Electronic Manufacturing Services (“EMS”) and solutions provider. The company supplies its products and services to global OEMs in the aerospace, defense, medical technology, and industrial sectors. Company’s Electronic Manufacturing Services provide Build-to-Print (“B2P”) and Build-to-Specification (“B2S”) services to its clients. The solutions primarily comprise:

(i)              Printed circuit board (“PCB”) assembly (“PCBA”)

(ii)              Cable harnesses

(iii)             Box builds

These solutions are used in safety-critical systems such as cockpits, inflight systems, landing systems, and medical diagnostic equipment. Cyient DLM offers End-to-End Manufacturing, Assembly & Repair services for electronics & mechanical products.

The Company handles all aspects of design and manufacturing such as:

• Software design and development

• Hardware design and development

• Mechanical design and development

• Test engineering

• Verification and validation

• Certification

• Quick-turn prototypes

• Electronic manufacturing

• Mechanical manufacturing

• Product Manufacturing

Reference:

https://in.linkedin.com/company/cyient-dlm-private-limited?original_referer=https%3A%2F%2Fwww.google.com%2F

#cyient #initial public offering

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