Takyon Networks Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Takyon Networks Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹54
Per ShareLot Size
2000 Shares
Minimum Investment
₹1,08,000
Issue Size
₹20.48 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.33%
QIB Quota
49.5%
NII Quota
15.17%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Takyon Networks Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
100%
Promoter Holding (Post-Issue)
73.52%
Issue Type
Book Building - SME
ISIN
INE14OX01013
About the Company
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.
Industry Overview
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.
Company History
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.
Products & Services
- The Company is in the business of providing comprehensive networking and IT infrastructure solutions, serving a diverse range of clients, including government agencies and corporate enterprises.
Growth 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.
Customer Base
Wholesaler and Retailer
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY23 to FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offer of upto 37,92,000 equity shares of face value of Rs. 10/- each (the "equity shares") of Takyon Networks Limited ("The company" or "TNL" or "The Issuer") at an issue price of Rs. 54 per Equity Share for cash, Aggregating up to Rs. 20.48 crores ("Public Issue") out of which 1,92,000 Equity Shares of face value of Rs. 10 each, at an issue price of Rs. 54 per equity share for cash, aggregating Rs. 1.04 crores will be reserved for subscription by the market maker to the issue (the "Market Maker reservation portion"). The public issue less market maker reservation portion i.e. Issue of 36,00,000 equity shares of face value of Rs. 10 each, at an issue price of Rs.54 per Equity Share for cash, Aggregating upto Rs. 19.44 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.48% and 25.14% respectively of the post-issue paid-up equity share capital of the Company.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- End to End IT services.
- Diversified Customer base.
- Strong Order book.
- Qualified and Experienced Management Team.
- 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.
- The company depends on few Customer Industries for majority of its revenue from operations. Loss of customers in these Customer industries may result in an adverse effect on the company business, revenue from operations and financial conditions.
- Any increase in the cost of, or a shortfall in the supply of IT Equipment's, may adversely affect the pricing and supply of its products and have an adverse effect on the company business, results of operations and financial condition.