The IPO, open from July 30 to August 1, was completely a recent subject of 37.92 lakh shares and noticed a powerful general subscription of 21.77 occasions.
The non-institutional investor (NII) phase was probably the most aggressive, subscribing 37 occasions, whereas the retail quota was picked up 19.99 occasions and the QIB portion noticed 13.29 occasions subscription. The anchor guide raised Rs 5.77 crore a day earlier than the difficulty opened.
Takyon Networks, established in 2009, is a supplier of end-to-end IT infrastructure and networking options. The corporate caters to a variety of sectors together with training, authorities, protection, healthcare, telecom, and hospitality.
Its companies span digital transformation, system integration, community safety, video conferencing, AMC, and facility administration. Headquartered in Noida, with department places of work in Delhi and Kolkata, the corporate employs over 500 individuals as of June 2025.
The proceeds from the difficulty are deliberate for use in direction of working capital wants (Rs 10 crore), partial mortgage compensation (Rs 3 crore), and basic company functions.Financially, Takyon Networks reported a 33% enhance in revenue after tax to Rs 6.96 crore for FY25, although income dipped barely by 4% to Rs 103.48 crore. Regardless of this, the absence of a gray market premium has raised questions over post-listing sentiment.Whether or not the inventory strikes meaningfully past its subject worth will doubtless rely in the marketplace’s notion of its progress roadmap and execution post-listing.
(Disclaimer: Suggestions, strategies, views and opinions given by the specialists are their very own. These don’t signify the views of the Financial Instances)
