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Taksheel Solutions Ltd
Issue Open Date 29-Sep-11  
Issue Closing Date 04-Oct-11  
Application Money 100  
Allotment Money  
Price Band 130 - 150  
Minimium Application No. 45  
Issue Size (Shares) 5500000  
Market Lot 1  
Objective
The Objects of the Issue are to provide funding for the following:1. Capital expenditure for setting up a new software development center at Hyderabad.2. Capital expenditure for setting up a new software development center at Warangal.3. Acquisitions and Other Strategic Initiatives.4. Financing the incremental working capital requirements.5. General Corporate Purpose.6. To meet the issue expenses.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   825000   3873735   4.69543636363636  
Qualified Institutional Buyers   2750000   666675   0.242427272727273  
Retail Individual Investors   1925000   11889810   6.17652467532468  
Business Description
We are comprehensive IT Solution Company focused on providing products and services for the companiesengaged in financial services industry & Telecom, which are driven by technology all over the world. Our 11years of presence in the industry has given us good business domain knowledge and experience in deployingproducts & solutions. Our revenues have grown from Rs. 3202.97 Lakhs for the Fiscal 2008, to Rs. 3543.03Lakhs for the Fiscal 2009, to Rs. 4950.15 Lakhs for the Fiscal 2010, in large part due to better business operationand strategic acquisitions in the recent past. These strategic moves have benefitted us in our financial performanceand have enabled us to grow at 5 year CAGR (ending Fiscal 2010) of over 48.81% in our revenues and about53.63% and 63.50% in our EBITDA and Profits after Tax respectivelyThe knowledge and experience gained by our team drive us to many new and exciting developments. Our blendof academic and technical knowledge allows us to provide range of IT services. Headquartered in Hyderabad,with an office in North America, we provide professional IT services to global clients. Our solutions together withour expertise, drives our clients to become a value based, performance-focused organizations.Our Company vision of simplifying Information Technology for business. Our Company has since than evolvedto emerge as a specialized solutions provider offering Wealth Management Technology Solutions, TelecomSolutions, Business Intelligence, Data Warehousing, Application Development and Application Maintenance
Promoter's Holding
Total Share Capital   10352107  
Offered to Public   5500000  
Promoter's Holding (Pre-Issue)   63.31  
Promoter's Holding (Post-Issue)   47.37  
Address
Lanco Hills Technology Park Private Limited (S E Z)
Survey No . 201
Manikonda Village
Rajendra Nagar Mandal
Hyderabad,
Andhra Pradesh,
500089
Phone : +91-40-40215915/17
Email : ipo@taksheel.com
Website : www.taksheel.com
Registrar
Bigshare Services Pvt Ltd
G 10 Left Wing Amruta Village
Opp: Yashoda Hospital
Raj Bhavan Road
Somajiguda
Hyderabad
Listed at
BSE, NSE
Lead Manager
PNB Investment Services Ltd
Promoters
Lexicon Pvt Ltd
Pavan Kumar Kuchana
Ramaswamy Kuchana