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Taksheel Solutions Ltd IPO (Taksheel Solutions IPO) Detail

September 29, 2011 - October 4, 2011

Taksheel Solutions IPO is a book built issue of Rs 82.50 crores.

Taksheel Solutions IPO bidding started from September 29, 2011 and ended on October 4, 2011. The shares got listed on BSE, NSE on October 19, 2011.

Taksheel Solutions IPO price band is set at ₹130 to ₹150 per share. The minimum lot size for an application is 45 Shares. The minimum amount of investment required by retail investors is ₹6,750.

Pnb Investment Services Ltd is the book running lead manager of the Taksheel Solutions IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Taksheel Solutions IPO RHP for detailed information.

Taksheel Solutions IPO Details

IPO Date September 29, 2011 to October 4, 2011
Listing Date October 19, 2011
Face Value ₹10 per share
Price Band ₹130 to ₹150 per share
Lot Size 45 Shares
Total Issue Size5,500,000 shares
(aggregating up to ₹82.50 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Taksheel Solutions IPO Reservation

Taksheel Solutions IPO offers 5,500,000 shares. 2,750,000 (50.00%) to QIB, 825,000 (15.00%) to NII, 1,925,000 (35.00%) to RII. 42,777 RIIs will receive minimum 45 shares and (sNII) and (bNII) will receive minimum 1,350 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered2,750,000 (50.00%)NA
NII (HNI) Shares Offered825,000 (15.00%)
Retail Shares Offered1,925,000 (35.00%)42,777
Total Shares Offered5,500,000 (100%)

Taksheel Solutions IPO Lot Size

Investors can bid for a minimum of 45 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 45 ₹6,750
Retail (Max) 29 1305 ₹195,750
Lot Size Calculator

About Taksheel Solutions Ltd

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.

Objects of the Issue (Taksheel Solutions IPO Objectives)

The Objects of the Issue are to provide funding for

1. Capital expenditure for setting up a new software development center at Hyderabad;
2. Capital expenditure for setting up a new software development center at Warangal;
3. Acquisitions and Other Strategic Initiatives;
4. Financing the incremental working capital requirements;
5. General Corporate Purpose;
6. To meet the issue expenses.

Taksheel Solutions IPO Review (Apply)

[Dilip Davda]  

Invest for medium term gains.

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Taksheel Solutions IPO Subscription Status (Bidding Detail)

The Taksheel Solutions IPO is subscribed 2.99 times on October 4, 2011 5:00:00 PM. The public issue subscribed 6.18 times in the retail category, 0.24 times in the QIB category, and 4.70 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB0.24
NII4.70
Retail6.18
Total2.99

Taksheel Solutions IPO Grading

CARE has assigned an IPO Grade 2 to Taksheel Solutions Ltd IPO. This means as per CARE, company has 'Below Average Fundamentals'. CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Read Taksheel Solutions IPO Report

Taksheel Solutions IPO Prospectus

Taksheel Solutions IPO Rating

107
3.8
Rating:Rated 3.8 stars
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Taksheel Solutions IPO Listing Details

Listing Date October 19, 2011
BSE Script Code 533639
NSE Symbol TAKSHEEL
ISIN INE889I01011
Final Issue Price ₹150 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹150.00
₹157.40
₹38.50
₹185.00
₹55.85
NSE
₹150.00
₹157.00
₹39.10
₹184.30
₹58.15

Check IPO Performance…

Taksheel Solutions Ltd Contact Details

Taksheel Solutions Ltd
Lanco Hills Technology Park Private Limited (SEZ)
Survey No.201, Manikonda Village,
Hyderabad - 500 089, Andhra Pradesh
Phone: +91-40-40272479
Email: info@taksheel.com
Website: http://www.taksheel.com

Taksheel Solutions IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: tsl.ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Taksheel Solutions IPO - Buy or Not

Taksheel Solutions IPO Recommendation Summary

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Members 0 0 0

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Taksheel Solutions IPO FAQs

Taksheel Solutions IPO is a main-board IPO of 5,500,000 equity shares of the face value of ₹10 aggregating up to ₹82.50 Crores. The issue is priced at ₹130 to ₹150 per share. The minimum order quantity is 45 Shares.

The IPO opens on September 29, 2011, and closes on October 4, 2011.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Taksheel Solutions IPO opens on September 29, 2011 and closes on October 4, 2011.

Taksheel Solutions IPO lot size is 45 Shares, and the minimum amount required is ₹6,750.

You can apply in Taksheel Solutions IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Taksheel Solutions IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Taksheel Solutions IPO allotment status.

The Taksheel Solutions IPO listing date is on October 19, 2011.
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Taksheel Solutions IPO Message Board

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121 Comments

119. pareshbhai desai |   Link |  Bookmark |January 12, 2012 5:36:20 PM
MONEY WILL BE BACK.....2012 SEBI'S NEW GIFT TO TAKSHEEL SHAREHOLDER.
GOOD NEWS WHO INVESTED IN THIS COMPANY'S IPO RS.150 SEBI HAS STRICKLY RECOMANDED TO TAKSHEEL PROMO.SHOULD HAVE MUST RETURN ISSUE PRISE TO INVESTOR SO DONT SALE THIS STOCK WHO GOT FROM ORI.IPO.
THANKS ...PARESH DESAI
118. Kalpesh Gautam |   Link |  Bookmark |November 23, 2011 8:04:26 PM
One interesting point for Taksheel Solution Ltd. - "Company collect 82.50 Cr. through IPO and now company total valuation at current rate @ 16.25 not more then 36 Cr." May be company make "LOOT" with investor or company traded at so cheap level.
118.1. Multilooser |   Link |  Bookmark |November 23, 2011 9:16:37 PM
Company do loot but oversmart invester himself mahalooted by ipo ,had he not subscribe issue could have failed.
118.2. Jackpoat |   Link |  Bookmark |November 24, 2011 4:22:43 PM (200+ Posts)
Today it is beat the market...market up 1% but it ups 1.53%.IT is reach 20 within 1 yr
117. ronak khandelwal |   Link |  Bookmark |October 21, 2011 12:04:25 AM
THANX JACKPOAT BUT I THINK MY DESTINY IS SO BAD THAT I HAD SUBCRIBED IN M AND B AND ONE LIFE CAPITAL I HADNT BEEN ALLOTED THIS SHARES Y THAT I DONT KNOW.I HAVE TO ASK TO MY DP.THANK U VERY MUCH
116. Jackpoat |   Link |  Bookmark |October 20, 2011 2:00:32 AM (200+ Posts)
ronak khandelwal ,why you are not exit from it .it made high of 184 .you may exit between 150-184.now it is 40 and more fall waited.Dont invest in IPOs because these are over priced.By IPO COMPANY SALES THERE 10 RUPEES SHARE AT 150.I WILL EXIT TIJARIA AT 62 AND TAKSHEEL AT 158
IF YOU WANT TO INVEST then invest some good stock like tata motor,tata steel,infosys,SBI,ICICIBANK,heromotocorp,hdfc,idfc,itc,hul,biocon .
Be careful next time.INVEST ONLY IPOs like coal india, gravita india, lovable etc
115. ronak khandelwal |   Link |  Bookmark |October 19, 2011 11:38:07 PM
NOW I SHOULD FORGET ALL THIS STUFF PAST IS PAST I HAD MADE HUGE LOSS AND I AM FEEL CRYING SO LET IT BE ITS ALL ABOUT GAMBLING AND SEBI SHOULD TAKE STRICT ACTION I RECOMMEND AND ANY ADVICER PLEASE RECOMMEND ME WHAT TO DO NOW SHOULD I BUY THIS SHARE AT THIS CURRENT MARKET PRICE OR HOLD AS ISSUE PRICE.PLEASE RECOMMEND I AM NOT EARNER PLEASE
114. Jackpoat |   Link |  Bookmark |October 19, 2011 8:02:50 PM (200+ Posts)
It will make low 40 then close 55.40% gain for some lucky person
113. gundu anna |   Link |  Bookmark |October 19, 2011 7:03:03 PM (500+ Posts, 100+ Likes)
Now onwards please dont apply in junk IPO's. As I told u will make money in one and then loose in another. So end result is at the year end bank balance is less.

Discl: I am not applying for IPO's with grade <2.
112. Dhiren parmar |   Link |  Bookmark |October 19, 2011 6:17:47 PM
I told every1 to exit in both taksheel & flexi o day 1 with some margin of RS. 10 to 20 per share.
111. Dhiren parmar |   Link |  Bookmark |October 19, 2011 6:16:46 PM
Some people were talking that taksheel will go to 20, some even said it will go to 400, its all rubbish to rytalk like that. I said before to be cautious about both of this and it will go up Rs.20 which it did & came down.
110. sh |   Link |  Bookmark |October 19, 2011 6:15:03 PM
79. Shiva Oct 19, 2011 11:27:42 AM IST
"Can i buy Takshsheel @ 120 now?? sl @ 110???"

Great observation Shiva! At that time it was near the bottom of the huge run-up to 180+.

In future listings PLEASE post more such observations...we all can benefit.
109. Dhiren parmar |   Link |  Bookmark |October 19, 2011 6:07:38 PM
I was thinking to apply 40% in taksheel & 60% in flexituff. Finally invested completely in flexituff & alloted 997 shares which i sold at Rs.160. Satisfied with less profit but no loss. We invest so much time researching IPOs but finally get very less profit & some people invest in junk IPOs like onelife, prakash, PG electro & get bumper profits.
108. Jackpoat |   Link |  Bookmark |October 19, 2011 4:56:37 PM (200+ Posts)
SkDash jee, Thanks for your advice due to that i ll exited timely from tk
107. MULTILOOSER listing loss |   Link |  Bookmark |October 19, 2011 4:50:01 PM
we should not blame operator they have to pay all party and s e b i may demanding more so be prapare for tomorow big game.
106. ssraj |   Link |  Bookmark |October 19, 2011 4:33:50 PM
This Is Long Time To Comment On The IPO...
Why I Am Quite From So Long Tym....Taksheel Is The Answer....
I Bought Tijaria On Listing Day At 17 Rs..
Today I Buy Taksheel At 40 Rs...

Onlife Bought At 112...

So My Advice Is Now Dont Apply For These Type Of IPO's..

Lets See What Happen To M & B Switchgear..

I Put It At 70 rs For Buying..

And My Advice When IPO Open In Discount Sold It At Whatever The Price...

If It Open In Premium Wait For 15 Rs Gain...
105. selva raj |   Link |  Bookmark |October 19, 2011 4:21:01 PM
Gained 10500 in takeheel and 600 in flexi.closed the day with small profit..only 50 shares bought at 151 and sold at 167 around..taksheel totally 800 shares .stop loss triggered 4 times .Finaly ended up with profit..ok fr the day..tomo ll see abt M & B.for got takeshel and flexi friends.let us discuss abt M & B.I know with out sreethar t s not worthy to discuss anything..sreethar brought up me in market.:-)Dear SK dash and other friends.
What abt tomo's listing!!!have any idea?
104. ronak khandelwal |   Link |  Bookmark |October 19, 2011 4:19:30 PM
This shares sucks the inverstors capital now investor should suck this company.once again its a loss for me.Why SEBI is not taking strict action against this fake companies.Actually this company will never survive in future.Company should be closed and should go to hell.
103. santonu |   Link |  Bookmark |October 19, 2011 3:58:58 PM (200+ Posts)
I never dreamt in my wildest dream that the fate of this stock will be like this. Very bad and gave a wrong mesage to other forthcoming IPOs. Whether we should give blame to operators. Who are the operators and how they are benifitted in such scenario, can somebody explain. Instead of blaming some unknown entity (operators) , we should find out the real reason. It may due to cascading effect( trigerring of stoplosses in series when a stock falls a particular level)
102. pakka hindustani |   Link |  Bookmark |October 19, 2011 3:43:01 PM
Promoters must have given the shares at Rs 50 to operators and chrged Rs 150 from investors. This game has been going on from last two years in so many IPOs but SEBI only issues statements of conducting inquiries but DOES NOTHING. OPEN LOOT!! IN STOCK MARKET
101. JUBILANT |   Link |  Bookmark |October 19, 2011 2:05:15 PM
Today does it reach Rs 20 like other flapshows
100. SkDash |   Link |  Bookmark |October 19, 2011 2:05:13 PM
Top Contributor Top Contributor (1000+ Posts, 200+ Likes)
jubiliant

Operators will get the clue when all will be in one voice but here everybody has diff say. But onething i would like to say, one should not follow blindly and suddenly when one recom to buy or sell in public forum like chittorgarh. The person may itself an operator