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TAKE Solutions IPO is a book build issue of ₹153.30 crores. The issue is entirely a fresh issue of 0.21 crore shares of ₹153.30 crore.
TAKE Solutions IPO bidding started from Aug 1, 2007 and ended on Aug 7, 2007. The shares got listed on BSE, NSE on Aug 27, 2007.
TAKE Solutions IPO price band is set at ₹730.00 per share . The lot size for an application is 9. The minimum amount of investment required by an retail is ₹6,075 (9 shares). The lot size investment for sNII is 31 lots (279 shares), amounting to ₹2,03,670, and for bNII, it is 153 lots (1,377 shares), amounting to ₹10,05,210.
The issue includes a reservation of up to 1,00,000 shares for employees offered at a discount of ₹0.00 to the issue price.
Edelweiss Financial Services Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to TAKE Solutions IPO RHP for detailed Information.
| IPO Date | August 1, 2007 to August 7, 2007 |
| Listing Date | August 27, 2007 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹675 to ₹730 per share |
| Issue Price Final | ₹730 per share |
| Lot Size | 9 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 21,00,000 shares (aggregating up to ₹153.30 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 99,00,000 shares |
| Share Holding Post Issue | 1,20,00,000 shares |
TAKE Solutions IPO offers total 21,00,000 shares. Out of which 12,00,000 (57.14%) allocated to QIB, 2,00,000 (9.52%) allocated to NII, 6,00,000 (28.57%) allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 12,00,000 (57.14%) | NA |
| NII (HNI) Shares Offered | 2,00,000 (9.52%) | NA |
| Retail Shares Offered | 6,00,000 (28.57%) | 66,666 |
| Employee Shares Offered | 1,00,000 (4.76%) | NA |
| Total Shares Offered | 21,00,000 (100.00%) |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
TAKE Solutions IPO opens on August 1, 2007, and closes on August 7, 2007.
| IPO Open Date | Wed, Aug 1, 2007 |
| IPO Close Date | Tue, Aug 7, 2007 |
| Tentative Listing Date | Mon, Aug 27, 2007 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Aug 7, 2007 |
Investors can bid for a minimum of 9 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 9 | ₹6,570 |
| Retail (Max) | 30 | 270 | ₹1,97,100 |
| S-HNI (Min) | 31 | 279 | ₹2,03,670 |
| S-HNI (Max) | 152 | 1,368 | ₹9,98,640 |
| B-HNI (Min) | 153 | 1,377 | ₹10,05,210 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2001, TAKE Solutions Limited is a leading international business technology company with products backed by a strong domain expertise to provide cost-effective comprehensive solutions for businesses. TAKE Solutions products are focused on the Supply Chain Management ("SCM") and Life Sciences ("LS") verticals. TAKE currently have 11 active products in the SCM vertical, which are housed under the One SCM™ suite, and 6 products in the LS vertical under the One Clinical™ suite.
TAKE Solutions Limited operates business through its subsidiaries:
1. TAKE Solutions Inc., USA
2. Applied Clinical Intelligence, LLC (Subsidiary of TAKE Solutions Inc.)
3. Onsphere Corporation (Subsidiary of TAKE Solutions Inc.)
4. TAKE United Sdn Bhd, Malaysia
5. Towell-TAKE Solutions LLC
6. Autoparts Asia Private Limited, Chennai
7. TAKE Solutions Gulf W.L.L, Kingdom of Bahrain.
As on November 30, 2006 TAKE has completed more than 2500 software installations for over 250 customers ranging in size from multinational enterprises to medium and smaller sized companies.
| KPI | Values |
|---|---|
| RoNW | 36.04% |
The Company TAKE Solutions IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (in Millions) |
|---|---|---|
| 1 | Acquisition of companies/businesses/products | 14.00 |
| 2 | Repayment of debt facilities utilized for acquisition | 835.00 |
| 3 | Product Development | 150.00 |
| 4 | Enhancement of Domestic Infrastructure Facilities; and | 232.00 |
| 5 | Prepayment of Term Loan | 200.00 |
| 6 | Issue Expenses | 102.00 |
| Listing Date | August 27, 2007 |
| BSE Script Code | 532890 |
| NSE Symbol | TAKE |
| ISIN | INE142I01023 |
| Final Issue Price | ₹730 per share |
| BSE Listing Group | B1 |
TAKE Solutions Ltd.
76,
Venkatakrishna Road,
Raja Annamalaipurum,
Chennai, Tamil Nadu, 600028
Phone: (+91 44) 2461 7358
Email: ipo@takesolutions.com
Website: http://www.takesolutions.com
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: take@intimespectrum.com
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
TAKE Solutions IPO is a main-board IPO of 21,00,000 equity shares of the face value of ₹10 aggregating up to ₹153.30 Crores. The issue is priced at ₹730 per share. The minimum order quantity is 9.
The IPO opens on August 1, 2007, and closes on August 7, 2007.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in TAKE Solutions IPO using UPI as a payment gateway. Zerodha customers can apply in TAKE Solutions IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in TAKE Solutions IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The TAKE Solutions IPO opens on August 1, 2007 and closes on August 7, 2007.
TAKE Solutions IPO lot size is 9, and the minimum amount required for application is ₹6,570.
You can apply in TAKE Solutions IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for TAKE Solutions IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the TAKE Solutions IPO allotment status.
The TAKE Solutions IPO listing date is on Monday, August 27, 2007.
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