Taksheel Solutions Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,750,000 (50%) | — | ₹4,125 Cr |
| NII (HNI) | — | 825,000 (15%) | — | ₹1,238 Cr |
| Retail | — | 1,925,000 (35%) | — | ₹2,888 Cr |
| Σ Total | — | 5,500,000 (100%) | — | ₹82,500 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 45 | ₹6,750 |
| Retail (Max) | 13 | 585 | ₹87,750 |
| S-HNI (Min) | 14 | 630 | ₹94,500 |
| B-HNI (Min) | 67 | 3,015 | ₹452,250 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Setting up a new SEZ development center at Hyderabad – 9.15
- 2 Setting up new SEZ development center at Warangal – 8.66
- 3 Acquisitions and Other Strategic Initiatives – 22.00
- 4 Financing Incremental Working Capital – 12.80
- 5 General Corporate Purpose – 24.11
Company Overview
Incorporated in 1999, Taksheel Solution Ltd is IT Solution Company engaged in the business of providing products and services to the financial services industry, Information Technology & Telecom. Headquartered in Hyderabad, with an office in North America, they provide professional IT services to global clients. Taksheel offering Wealth Management Technology Solutions, Telecom Solutions, Business Intelligence, Data Warehousing, Application Development and Application Maintenance
Financial services provided by Taksheel includes wealth management to financial institutions such as Asset and Investment managers, Brokerage houses, Insurance, Hedge funds, Trusts and Family Offices. In Telecom Solutions, Taksheel offers Enterprise IP telephony Solutions, Carrier Switching & Billing Solutions, Contact Center Solutions, IVRS, SMSC, Voice & Video Conference solutions, Chat platforms, Content Delivery Platforms, Closed Private GSM network (CPMN) and In Information Technology services, Taksheel offers Enterprise Network Implementation(LAN,WAN,MAN), OS migration to open source, Software Development, Application customization, Managed IT services (Desktop, Server, Network, NOC support) Server Implementation & Support(Windows, Unix, Sun, Linux),Data Storage Network(SAN,NAS),Network & Data Security Solutions, Network Monitoring System, NOC support Systems, Data center and Disaster recovery center implementation, CRM solution and more.
Taksheel offers cost-effective solutions through its Onsite, Offsite and Offshore development methodology by leveraging its global delivery model and utilizing delivery centers based in Hyderabad, India, and New Jersey, USA. Some of their customers include Merryl Lynch and Bank of America.