Latest news with #TakyonNetworks
Business Standard
2 days ago
- Business
- Business Standard
BSE SME Takyon Networks trips on the wire in market debut
Shares of Takyon Networks was trading at Rs 54 on the BSE, matching the issue price of Rs 54. The scrip was listed at Rs 55.85, a premium of 3.43% compared with the initial public offer (IPO) price. The stock is currently down 3.31% over its listing price. The counter hit a high of Rs 56 and a low of Rs 53.06. About 12.22 lakh shares of the company changed hands at the counter. Takyon Networks' IPO was subscribed 20.35 times. The issue opened for bidding on 30 July 2025 and it closed on 1 August 2025. The price band of the IPO was set at Rs 51 to Rs Rs 54 per share. The IPO comprised fresh issue of 37,92,00 equity shares. The promoter and promoter group shareholding diluted to 73.52% from 100% pre-issue. The company intends to utilize the net proceeds for repayment of a portion of certain borrowing availed by the company, to meet working capital requirements and general corporate purpose. Ahead of the Takyon Networks on 29 July 2025, raised Rs 5.76 crore from anchor investors. The board has allotted 10.68 lakh shares at Rs 54 per share to 5 anchor investors. Takyon Networks provides comprehensive networking and IT infrastructure solutions to a diverse range of clients, including government agencies and corporate enterprises. Its services include IT networking, data center solutions, IT security and surveillance, as well as cloud and managed services. It also offers maintenance and support through formal contracts, delivering expert technical assistance to its clients. As of 30 June 2025, the company had 533 employees on a payroll basis. The company recorded revenue from operations of Rs 103.12 crore and net profit of Rs 6.96 crore for the period ended 31 March 2025.
Mint
4 days ago
- Business
- Mint
Takyon Networks IPO allotment to be out soon: Here are steps to check status online and GMP as focus shifts to listing
Takyon Networks IPO: The allotment for the issue, which saw its subscription period end on 1 August, 2025, is set to be out soon: Takyon Networks IPO will be listed on BSE SME, with a tentative listing date set for Wednesday, August 6, 2025. Hem Securities Limited is the book-running lead manager for the Takyon Networks IPO, while Cameo Corporate Services Limited is the registrar. Hem Finlease Private Limited is the market maker for Takyon Networks' initial public offering. Since Takyon Networks IPO will be listed on BSE SME and Cameo Corporate Services Limited is the registrar of the issue, the investors can check for the allotment online either on the BSE website or the registrar Cameo Corporate Services Limited website. Here are steps to check status online and GMP as focus shifts to listing. Step 1: Go to the website of Registrar Cameo Corporate Services Limited to check the Takyon Networks IPO allotment status by clicking the link: Step 2- Click on any one of the links. Step 3: Select Repono from the 'Select company name' dropdown menu. (Note: the company name will only appear once the allotment status is out.) Step 4: Select from the selection type any of the following: the application number, the PAN number, or the DP number. Step 5: Enter the details from the option selected on the Value Box Step 6: Click the SUBMIT button after entering the captcha. Step 1: Go to the BSE website by clicking on the link below Step 2: Select Issue type and click on Equity Step 3: Under the select issue name, select "TAKYON NETWORKS LIMITED" from the dropdown Step 4: Thereafter, enter your details, such as application number and PAN information. On August 4, Takyon Networks IPO GMP, or the Grey Market Premium, stood at NIL. This means that Takyon Networks shares are selling in the grey market without any premium over the issue price's upper range of ₹ 96. Investors anticipate Takyon Networks shares to be listed without any premium, above the upper range of the offering price of ₹ 54. Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies and not of Mint. We advise investors to check with certified experts before making any investment
Mint
01-08-2025
- Business
- Mint
Takyon Networks IPO Day 3: GMP, subscription status, price band, other details of BSE SME IPO
Takyon Networks IPO: The ₹ 20.5 crore initial public offering (IPO) of IT solutions provider Takyon Networks is closing for subscription today, Friday, August 1. The SME IPO, which opened on Wednesday, July 30, is witnessing decent subscription. However, the grey market premium (GMP) of the stock indicated a flat listing. The SME IPO is a fresh issue of 37,92,000 shares. The company intends to use the net proceeds to pay some borrowings, meet working capital requirements, and for general corporate purposes. By 10:55 AM on the third day of subscription on Friday, the issue had seen an overall subscription of 4.68 times, with the retail segment booked 4.36 times. The segments reserved for NIIs were booked 4.58 times, and the QIB segment was subscribed 5.36 times till then. 1. Takyon Networks IPO GMP: According to market sources, the latest GMP of Takyon Networks shares was nil. The latest GMP indicates the stock could be listed at par with the issue price. 2. Takyon Networks IPO date: The SME IPO opened for subscription on Wednesday, July 30, and will close Friday, August 1. 3. Takyon Networks IPO price: The price of the public issue has been fixed at ₹ 54 per equity share. 4. Takyon Networks IPO size: The IPO is entirely a fresh issue of 37.92 lakh shares. The company plans to raise ₹ 20.48 crore from this issue, which it will use to meet working capital requirements and fund capital expenditure requirements. 5. Takyon Networks IPO lot size: Bidders can apply in lots, and one lot of the SME IPO comprises 2,000 company shares. Retail investors can bid for a minimum and maximum of two lots, or 4,000 shares. 6. Takyon Networks IPO reservation: Nearly 12.72 lakh shares, or 33.54 per cent of the net issue, are reserved for retail investors. The company has reserved 17.82 lakh shares (46.99 per cent of the net issue) for QIBs, while 5.46 lakh shares (14.40 per cent of the net issue) are reserved for NIIs. 7. Takyon Networks IPO allotment date: The company is expected to finalise the share allotment on Monday, August 4. Successful bidders can expect shares of the company in their demat accounts on Tuesday, August 5, and bidders who fail to get the allocation may get a refund on the same day. 8. Takyon Networks IPO book-running lead manager and registrar: According to the Red Herring Prospectus (RHP) of the issue, Hem Securities Limited is the book-running lead manager, while Cameo Corporate Services Limited is the registrar for the issue. 9. Takyon Networks IPO listing: As per SEBI's T+3 rule of IPO listing, the SME IPO is proposed for listing on the BSE SME on Wednesday, August 6. 10. Takyon Networks IPO business overview: According to the company's RHP, the company provides comprehensive networking and IT infrastructure solutions to a diverse range of clients, including government agencies and corporate enterprises. "Our services include IT networking solutions, data centre solutions, IT security and surveillance, cloud and managed services. We also offer maintenance and support services to our clients through formal contracts, providing expert technical support," says the company's RHP. The company's consolidated revenue from operations for FY23 stood at 63.24 crore, which rose to ₹ 107.50 crore in FY24 and ₹ 103.12 crore in FY25. Profit after tax (PAT) for FY23 was ₹ 2.81 crore, which rose to ₹ 5.22 crore in FY24 and ₹ 6.96 crore in FY25. Read all IPO-related news here Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.
Economic Times
30-07-2025
- Business
- Economic Times
Takyon Networks IPO opens for subscription. Key details to know before subscribing
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Takyon Networks will open its Rs 20.48 crore IPO today on the BSE SME platform , offering investors a chance to participate in a digital transformation-focused IT services firm. The issue will close on August IPO is entirely a fresh issue of 37.92 lakh equity shares, priced in the range of Rs 51 to Rs 54 per share. Retail investors need to apply for a minimum of 4,000 shares, amounting to an investment of Rs 2.16 lakh at the upper end of the price IPO has not generated any grey market activity so far. The GMP remains at zero, suggesting subdued sentiment in the informal Networks, incorporated in 2009, offers a range of IT infrastructure and system integration services. Its portfolio spans network security, surveillance, video conferencing, power conditioning systems, and software company also provides long-term Annual Maintenance Contracts (AMCs) and Facility Management Services (FMS) to both private and public sector company has a footprint across India, with branch offices in Delhi and Kolkata, and a strong client base that includes government departments, defense, banking, telecom, education, healthcare, and manufacturing sectors. As of June 2025, the company had a workforce of 533 employees on its a financial standpoint, Takyon reported a revenue of Rs 103.48 crore for FY25, down 4% year-on-year, but its net profit rose 33% to Rs 6.96 is expected to be finalized on August 4, and the shares are likely to list on BSE SME on August 6. Hem Securities is the book-running lead manager and market maker, while Cameo Corporate Services is the registrar to the issue.
Time of India
30-07-2025
- Business
- Time of India
Takyon Networks IPO opens for subscription. Key details to know before subscribing
Takyon Networks will open its Rs 20.48 crore IPO today on the BSE SME platform , offering investors a chance to participate in a digital transformation-focused IT services firm. The issue will close on August 1. The IPO is entirely a fresh issue of 37.92 lakh equity shares, priced in the range of Rs 51 to Rs 54 per share. Retail investors need to apply for a minimum of 4,000 shares, amounting to an investment of Rs 2.16 lakh at the upper end of the price band. Explore courses from Top Institutes in Please select course: Select a Course Category others MCA Public Policy Design Thinking Management Finance Data Science Data Science Degree Data Analytics healthcare Product Management Others Artificial Intelligence Leadership Operations Management Digital Marketing CXO PGDM Technology Healthcare Cybersecurity MBA Project Management Skills you'll gain: Duration: 16 Weeks Indian School of Business CERT - ISB Cybersecurity for Leaders Program India Starts on undefined Get Details The IPO has not generated any grey market activity so far. The GMP remains at zero, suggesting subdued sentiment in the informal market. Takyon Networks, incorporated in 2009, offers a range of IT infrastructure and system integration services. Its portfolio spans network security, surveillance, video conferencing, power conditioning systems, and software solutions. The company also provides long-term Annual Maintenance Contracts (AMCs) and Facility Management Services (FMS) to both private and public sector clients. Live Events The company has a footprint across India, with branch offices in Delhi and Kolkata, and a strong client base that includes government departments, defense, banking, telecom, education, healthcare, and manufacturing sectors. As of June 2025, the company had a workforce of 533 employees on its rolls. From a financial standpoint, Takyon reported a revenue of Rs 103.48 crore for FY25, down 4% year-on-year, but its net profit rose 33% to Rs 6.96 crore. Allotment is expected to be finalized on August 4, and the shares are likely to list on BSE SME on August 6. Hem Securities is the book-running lead manager and market maker, while Cameo Corporate Services is the registrar to the issue.
