Takyon Networks IPO Day 3: GMP, subscription status, price tape, other details of BSE SME IPO | Einsmark news

Takyon Networks IPO: The initial public offer of £ 20.5 crore (IPO) of IT solution provider Takyon Networks closes today, Friday 1 August. The SME scholarship, opened on Wednesday, July 30, is a decent subscription. However, the Gray Market Premium (GMP) of the stock indicated a flat listing. The SME IPO is a new edition of 37.92,000 shares. The company intends to use the net returns to pay loans, meet the working capital requirements and for general corporate purposes. Takyon Networks IPO subscription status By 10:55 on the third day of subscription Friday, the issue saw an overall subscription of 4.68 times, with the retail segment booked 4.36 times. The segments reserved for NIIs have been booked 4.58 times, and the QIB segment has so far been subscribed to 5.36 times. Takyon Networks IPO details 1. Takyon Networks IPO GMP: According to market resources, the latest GMP of Takyon Networks shares was zero. The latest GMP indicates that the share is equivalent to the issue price. 2. Takyon Networks IPO Date: The SME IPO was opened for subscription on Wednesday 30 July and closes on Friday 1 August. 3. 4. Takyon Networks IPO size: The IPO is entirely a new edition of 37.92 Lakh shares. The company plans to increase £ 20.48 crore from this issue, which it will use to meet working capital requirements and fund capital expenditure. 5. Takyon Networks IPO -Lot size: Bidders can apply in lots, and one lot of the SME stock exchange is 2,000 company shares. Retail investors can bid for a minimum and maximum of two lots, or 4000 shares. 6. Takyon Networks IPO discussion: Nearly 12.72 Lakh shares, or 33.54 percent of the net edition, are reserved for retail investors. The company reserved 17.82 Lakh shares (46.99 percent of the net edition) for QIBs, while 5.46 Lakh shares (14.40 percent of the net edition) were reserved for NIIs. 7. Takyon Networks IPO AT ATTENTION DATE: The company is expected to finalize the share award on Monday, August 4th. Successful bidders can expect shares from the company on Tuesday, August 5 in their Demat accounts, and bidders who do not receive the award can get a refund on the same day. 8. Takyon Networks IPO Book Hold General Manager and Registrar: According to the Red Herring Prospectus (RHP) of the edition, HE Securities Limited is the book general manager running through the book, while Cameo Corporate Services Limited is the Registrar for the edition. 9. Takyon Networks IPO list: As according to Sebi’s T+3 line of IPO list, the SME IPO is suggested to list on the BSE -SME on Wednesday, August 6. Takyon Networks IPO Overview: According to the company’s RHP, the company offers extensive networks and IT infrastructure solutions for a diverse range of customers, including government agencies and corporate enterprises. “Our services include IT network solutions, data center solutions, IT security and supervision, cloud and managed services. We also provide maintenance and support services to our clients through formal contracts, which provide expert technical support,” says the company’s RHP. The company’s consolidated revenue from FY23 operations stood at 63.24 crore, which rose in FY25 to £ 107.50 crore in FY24 and £ 103.12 crore. Profit after Tax (PAT) for FY23 was £ 2.81 crore, which rose in FY25 to £ 5.22 crore in FY24 and £ 6.96. 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 brokerage firms, not coin. We advise investors to consult with certified experts before making investment decisions, as market conditions can change quickly and conditions can vary.