Taksheel Solutions Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

₹ 82.5

Price Range (₹)

₹ 150

Lot Size

45

Min Investment (₹)

₹ 6,750.00

Listing Exchange

MumbaiNSE

Open Date

29-Sep-2011

Close Date

04-Oct-2011

Listing Date

19-Oct-2011

Taksheel Solutions Ltd News

Taksheel Solutions Ltd IPO Details

Public issue of 55,00,000 equity shares of Rs. 10/- each of Taksheel Solutions Limited (The Company or The Issuer) for cash at a price of Rs. 150/- per equity share (including a share premium of Rs. 140/- per equity share) aggregating to Rs. 82.50 crores (The Issue). The issue will constitute 25.17% of the fully diluted post issue paid-up capital of the company.Issue price: Rs. 150/- per equity share of face value of Rs. 10/- each.The issue price 15 times of the face value.

Objective of issue

Capital exp. for setting up a software dev. center. Capital exp. for setting up a software dev. center. Acquisitions and other strategic initiatives. Financing the incremental working capital req.. General corporate purpose.

Taksheel Solutions Ltd Contact Details

Taksheel Solutions Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

Phone - 91-22-40430200/28470652

Fax - 91-22-28475207

Email - corporatecompliance@taksheel.com

Website - www.taksheel.com