Takyon Networks Ltd IPO
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Takyon Networks Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 37.92 L | TBA | TBA | ₹ 105.3 L | BSE | ₹ 20.48 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 30 Jul, 25 | 01 Aug, 25 | 4000 | ₹ 2,04,000 | Book Building - SME | 06 Aug, 25 |
Takyon Networks Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Computers - Software - Medium |
| Sub Sector | Small |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 0 | 0 |
| NII | 0x | 0 | 0 |
| Retail | 0x | 0 | 0 |
| Employee | 0x | 0 | 0 |
| Total | 0x | 3792000 | 0 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Takyon Networks Ltd Financial Status
Income Statement
Balance Sheet
About Takyon Networks Ltd
Our Company was originally incorporated as a private limited Company under the name of Takyon Networks Private Limited on May 12, 2015, under the provisions of the Companies Act, 2013 with the Registrar of Companies, Uttar Pradesh, Kanpur, bearing registration number as 070649. Thereafter, our Company was converted from private limited to public limited, pursuant to a Special Resolution passed by the Shareholders of the Company at the Extraordinary general meeting held on May 30, 2024 and the name of our Company was changed from Takyon Networks Private Limited to Takyon Networks Limited vide fresh certificate of incorporation dated August 07, 2024 issued by the Registrar of Companies, Central Processing Centre. The Corporate identification number of our Company is U72300UP2015PLC070649.
The IT industry accounted for 7.5% of India's GDP, as of FY23. India's IT industry is likely to hit the US$ 350 billion mark by 2026 and contribute 10% towards the country's GDP. The IT industry added 2.9 lakh new jobs taking the industry's workforce tally to 5.4 million people in FY23. India's IT industry is likely to hit the US$ 350 billion mark by 2026 and contribute 10% towards the country's gross domestic product (GDP), Infomerics Ratings said in a report. According to National Association of Software and Service Companies (Nasscom), the Indian IT industry's revenue touched US$ 227 billion in FY22, a 15.5% YoY growth and was estimated to have touched US$ 245 billion in FY23. As per a survey by AWS (2021), India is expected to have nine times more digitally skilled workers by 2025. This indicates that a total of ~ 3.9 billion digital skill trainings are expected by 2025. India will need 30 million digitally skilled professionals by 2026.
We are in the business of providing comprehensive networking and IT infrastructure solutions, serving a diverse range of clients, including government agencies and corporate enterprises. Our services include IT networking solutions, data center 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.
Peer Comparison:
- Takyon Networks Limited
- Allied Digital Services Limited
- Synoptics Technologies Limited
Takyon Networks Ltd IPO Key Points
Strengths
- End to End IT services.
- Diversified Customer base.
- Strong Order book.
- Qualified and Experienced Management Team.
Risk
- The company is heavily reliant on a few vendors/ suppliers and the company typically does not enter into long term contracts or arrangements with its vendors. Any loss of such vendors / suppliers or any increase in the price will have a material adverse impact on the company business and its revenue.
- Its financial condition could be materially and adversely affected if the company fails to secure new government and PSU projects.
- A Significant proportion of its orders are from government related entities which award the contract through the process of tender. Tenders, typically, are awarded to the lower bidder once all other eligibility criteria are met. Its performance could be adversely affected if the company is not able to successfully bid for these contracts or required to lower its bid value.
Strategy
- Focus on New Service Offerings and technology-enabled through Innovation.
- Continue to maintain strong relationships with our customers.
- Attract, develop and retain highly - skilled employees.
- Enhancing Operating Effectiveness and Efficiency.
- End to End IT services.
- Diversified Customer base.
- Strong Order book.
- Qualified and Experienced Management Team.
How To Apply for Takyon Networks Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
