Taksheel Solutions Ltd IPO (Taksheel Solutions IPO) Detail

Sep 29, 2011 - Oct 4, 2011

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.

Company Promoters:

The promoters of the company are

1. Mr. Pavan Kumar Kuchana, aged 42 years, is a Chairman cum Managing Director of the Company
2. Mr. Ramaswamy Kuchana, aged 67 years, is the core promoter of the Company
3. Lexicon Private Limited

Objects of the Issue:

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 Details

IPO Opening Date	Sep 29, 2011
IPO Closing Date	Oct 4, 2011
Issue Type	Book Built Issue IPO
Face Value	₹10 per equity share
IPO Price	₹130 to ₹150 per equity share
Market Lot	45 Shares
Min Order Quantity	45 Shares
Listing At	BSE, NSE
Issue Size	5,500,000 Eq Shares of ₹10 (aggregating up to ₹82.50 Cr)

Taksheel Solutions IPO Lot Size

The Taksheel Solutions IPO market lot size is 45 shares. A retail-individual investor can apply for up to 29 lots (1305 shares or ₹195,750).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	45	₹6,750
Maximum	29	1305	₹195,750

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 Subscription Status (Bidding Detail)

The Taksheel Solutions IPO is subscribed 2.99x times on Oct 4, 2011 17:00. The public issue subscribed 6.18x in the retail category, 0.24x in the QIB category, and 4.70x in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
QIB	0.24x
NII	4.70x
RII	6.18x
Total	2.99x

Taksheel Solutions IPO Prospectus

› Taksheel Solutions IPO DRHP
› Taksheel Solutions IPO RHP
› Taksheel Solutions IPO Application Form Download

Taksheel Solutions IPO Rating

107

3.8

Rating:

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Taksheel Solutions IPO Listing Date

Listing Date	Wednesday, October 19, 2011
BSE Script Code	533639
NSE Symbol	TAKSHEEL
Listing In	B
ISIN	INE889I01011
IPO Price	₹150 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

BSE
₹150.00
₹157.40
₹38.50
₹185.00
₹55.85
37,649,908

NSE
₹150.00
₹157.00
₹39.10
₹184.30
₹58.15
53,644,144

Taksheel Solutions IPO Reviews / Ratings

Company Contact Information

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
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: tsl.ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Taksheel Solutions IPO Lead Manager(s)

PNB Investment Services Ltd

Lead Manager Reports

Taksheel Solutions IPO FAQs

What is Taksheel Solutions IPO?

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 equity share. The minimum order quantity is 45 Shares.

The IPO opens on Sep 29, 2011, and closes on Oct 4, 2011.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
When Taksheel Solutions IPO will open?

The Taksheel Solutions IPO opens on Sep 29, 2011 and closes on Oct 4, 2011.
What is the lot size of Taksheel Solutions IPO?

Taksheel Solutions IPO lot size is 45 Shares and the minimum order quantity is 45 Shares.
How to apply for Taksheel Solutions IPO?

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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
When Taksheel Solutions IPO allotment?

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.
When is Taksheel Solutions IPO listing date?

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

Taksheel Solutions IPO Message Board

Ranked Members

119. pareshbhai desai |Jan 12, 2012 18:36

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 |Nov 23, 2011 21:04

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 |Nov 23, 2011 22:16

Company do loot but oversmart invester himself mahalooted by ipo ,had he not subscribe issue could have failed.

118.2. Jackpoat |Nov 24, 2011 17:22

Top Contributor (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 |Oct 21, 2011 01:04

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 |Oct 20, 2011 03:00

Top Contributor (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 |Oct 20, 2011 00:38

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 |Oct 19, 2011 21:02

Top Contributor (200+ Posts)

It will make low 40 then close 55.40% gain for some lucky person

113. gundu anna |Oct 19, 2011 20:03

IPO Mentor (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 |Oct 19, 2011 19:17

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 |Oct 19, 2011 19:16

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 |Oct 19, 2011 19:15

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 |Oct 19, 2011 19:07

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 |Oct 19, 2011 17:56

Top Contributor (200+ Posts)

SkDash jee, Thanks for your advice due to that i ll exited timely from tk

107. MULTILOOSER listing loss |Oct 19, 2011 17:50

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 |Oct 19, 2011 17:33

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 |Oct 19, 2011 17:21

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 |Oct 19, 2011 17:19

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 |Oct 19, 2011 16:58

Top Contributor (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 |Oct 19, 2011 16:43

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 |Oct 19, 2011 15:05

Today does it reach Rs 20 like other flapshows

100. SkDash |Oct 19, 2011 15:05

IPO Mentor (600+ Posts)

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

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