Takyon Networks embarked on their journey in 2009 with the vision of providing turnkey solutions in voice and data systems that can cater to the IT infrastructure needs of many government and corporate clients. Gradually, they expanded their services in IT Infrastructure, System Integration, Video Conferencing, Surveillance and Security, Network Security, Power Conditioning, and Customized Software Solutions.
Takyon Networks, an Book Built Issue, amounting to ₹ 20.48 Crores, consisting entirely an Fresh Issue of 37.92 Lakh Shares. The subscription period for the Takyon Networks IPO opens on July 30, 2025, and closes on August 01, 2025. The allotment is expected to be finalized on or about Monday, August 04, 2025, and the shares will be listed on the NSE SME with a tentative listing date set on or about Wednesday, August 06, 2025.
The Share Price Band of Takyon Networks IPO is set at ₹ 51 to ₹ 54 per equity share. The Market Capitalisation of the Takyon Networks at IPO price of ₹ 54 per equity share will be ₹ 77.33 Crores. The lot size of the IPO is 2,000 shares. Individual investors are required to invest a minimum of 2 lots (4,000 shares), amounting to ₹ 2,16,000.
HEM SECURITIES LIMITED is the book running lead manager of the Takyon Networks, while CAMEO CORPORATE SERVICES LIMITED is the registrar for the issue. Hem Finlease Private Limited is the Market Maker for Takyon Networks IPO.
Takyon Networks Limited IPO GMP Today
The Grey Market Premium of Takyon Networks IPO is expected to be ₹ 14 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.
Takyon Networks Limited IPO Live Subscription Status Today: Real-Time Update
As of 11:00 AM on 30 July, 2025, the Takyon Networks Limited IPO live subscription status shows that the IPO subscribed 0.17 times on its First Day of subscription period. Check the Takyon Networks IPO Live Subscription Status Today at BSE.
Takyon Networks IPO Anchor Investors Report
Takyon Networks has raised ₹ 5.76 Crores from Anchor Investors at a price of ₹ 54 per shares in consultation of the Book Running Lead Managers. The company allocated 10,68,000 equity shares to the Anchor Investors. Check Full List of Takyon Networks Anchor Investor List.
Note:- Equity Shares allotted to Anchor Investors (if any) are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band in case of Book Building Issue, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion.
Takyon Networks Limited Day Wise IPO GMP Trend
Date |
IPO Price |
Expected Listing Price |
GMP |
Last Updated |
28 July 2025 | ₹ 54 | ₹ 68 | ₹ 14 (49.95%) | 08:00 PM; 28 July 2025 |
Takyon Networks Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Takyon Networks IPO allotment date is 04 August, 2025, Monday. Takyon Networks IPO Allotment will be out on 4th August, 2025 and will be live on Registrar Website from the allotment date. Check Takyon Networks IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Takyon Networks Limited IPO from the dropdown list of IPOs
- Enter your application number, PAN, or DP Client ID
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.
Objectives of Takyon Networks Limited IPO
Takyon Networks to utilise the Net Proceeds towards the following objects:
1. ₹ 1,000.00 Lakh is required to Meet Working Capital Requirements;
2. ₹ 300.00 Lakh is required for Repayment of a portion of certain borrowing availed by the Company;
3. General Corporate Purpose
Refer to Takyon Networks Limited RHP for more details about the Company.
Check latest IPO Review & analysis, Live IPO GMP today, Live IPO Subscription Status Today, Share Price, Financial Information and other details before applying in the IPO.
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Takyon Networks IPO Details |
|||||||||||
IPO Date | July 30, 2025 to August 01, 2025 | ||||||||||
Listing Date | August 06, 2025 | ||||||||||
Face Value | ₹ 10.00 | ||||||||||
Price | ₹ 51 to ₹ 54 per share | ||||||||||
Lot Size | 2,000 Equity Shares | ||||||||||
Total Issue Size | 37,92,000 Equity Shares (aggregating up to ₹ 20.48 Cr) | ||||||||||
Fresh Issue | 37,92,000 Equity Shares (aggregating up to ₹ 20.48 Cr) | ||||||||||
Offer for Sale | NA | ||||||||||
Issue Type | Book Built Issue | ||||||||||
Listing At | BSE SME | ||||||||||
Share holding pre issue | 1,05,30,000 | ||||||||||
Share holding post issue | 1,43,22,000 |
Takyon Networks IPO Lot Size |
|||||||||||
Application | Lots | Shares | Amount | ||||||||
Retail (Min) | 2 | 4,000 | ₹2,16,000 | ||||||||
Retail (Max) | 2 | 4,000 | ₹2,16,000 | ||||||||
S-HNI (Min) | 3 | 6,000 | ₹3,24,000 | ||||||||
S-HNI (Max) | 9 | 18,000 | ₹9,72,000 | ||||||||
B-HNI (Min) | 10 | 20,000 | ₹10,80,000 |
Takyon Networks IPO Timeline (Tentative Schedule) |
|||||||||||
IPO Open Date | Wednesday, July 30, 2025 | ||||||||||
IPO Close Date | Friday, August 01, 2025 | ||||||||||
Basis of Allotment | Monday, August 04, 2025 | ||||||||||
Initiation of Refunds | Tuesday, August 05, 2025 | ||||||||||
Credit of Shares to Demat | Tuesday, August 05, 2025 | ||||||||||
Listing Date | Wednesday, August 06, 2025 | ||||||||||
Cut-off time for UPI mandate confirmation | 5 PM on August 01, 2025 |
Takyon Networks IPO Reservation |
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Investor Category | Shares Offered | Reservation % | |||||||||
QIB Portion | 7,14,000 | Not More than 50% of the Issue | |||||||||
Non-Institutional Investor Portion | 5,46,000 | Not Less than 15% of the Issue | |||||||||
Retail Shares Offered | 12,72,000 | Not Less than 35% of the Issue | |||||||||
Market Maker Portion | 1,92,000 | 5.06% of the Net Issue | |||||||||
Anchor Investor Portion | 10,68,000 | Allotted from QIB Portion |
Takyon Networks IPO Promoter Holding |
|||||||||||
Share Holding Pre Issue | 100.00 % | ||||||||||
Share Holding Post Issue | 73.52 % |
Takyon Networks IPO Subscription Status |
|||||||||||
Investor Category | Shares Offered | Shares Bid For | No oF Times Subscribed | ||||||||
Qualified Institutional Buyers (QIB) | 7,14,000 | - | 0.00 | ||||||||
Non Institutional Investors(NIIS) | 7,38,000 | 2,04,000 | 0.28 | ||||||||
Retail Individual Investors (RIIs) | 12,72,000 | 2,52,000 | 0.20 | ||||||||
Total | 27,24,000 | 4,56,000 | 0.17 |
BUSINESS OVERVIEW
Takyon Networks is engaged in delivering comprehensive networking and IT infrastructure solutions to a wide range of clients, including government agencies and corporate enterprises. The service portfolio includes IT networking, data center solutions, IT security and surveillance, cloud and managed services, along with maintenance and technical support under formal contracts.
Known for its customized offerings and client-specific solutions, the company serves major sectors such as Telecom, IT & ITeS, Energy, Education, Railways, Public Administration, and Defense. Core services encompass infrastructure design, consulting, turnkey systems integration for large-scale network and data centers, and facilities management for multi-location setups.
Takyon Networks is an authorized System/Network Integrator (SI) at the national level (UP Circle) for Bharat Sanchar Nigam Limited (BSNL) and is empaneled with UPDESCO, UPELC, ITI, and UPRNN for IT solution delivery. The company is an authorized partner of leading OEMs, including Ruckus, Juniper, Sophos, Hitachi, Nokia, HP, and Dell Technologies.
Headquartered in Lucknow, Uttar Pradesh, with a branch in New Delhi, operations are focused entirely within India, generating domestic revenue. Infrastructure includes high-grade development systems, firewall and IDS/IPS systems, redundant leased lines, and uninterrupted power supply.
Quality assurance is reinforced through certifications like ISO 27001:2012, ISO 20000-1:2018, ISO 9001:2015, and CMMI Maturity Level 3. The company has been recognized as Partner of the Year – Government (2022) by Palo Alto Networks, reflecting its leadership in cybersecurity solutions.
As on June 30, 2025 the company has 533 employees on payroll and no employees engaged on a contractual basis. The Banker to the company is HDFC Bank Limited.
INDUSTRY ANALYSIS
India's IT Industry: A Global Digital Powerhouse
India's Information Technology (IT) industry continues to be a cornerstone of economic growth, innovation, and employment. Contributing 7.5% to India’s GDP in FY23, the sector is poised for further expansion, with projections estimating a US$ 350 billion valuation by 2026, potentially increasing its GDP share to 10%.
Industry Size & Workforce Strength
The Indian IT industry generated US$ 245 billion in revenue in FY23, up from US$ 227 billion in FY22, marking a 15.5% YoY growth.
It added 2.9 lakh new jobs in FY23, raising the total workforce to 5.4 million.
Direct employment in the IT services and BPO/ITeS segment is expected to grow significantly, as India will require 30 million digitally skilled professionals by 2026.
India is expected to have 60–65 million jobs demanding digital skills by 2025–26, highlighting an urgent need for large-scale digital skill development.
Market Segmentation (2023 Estimates)
Segment |
Market Size |
Export Share |
% of IT-BPM Revenue |
---|---|---|---|
IT Services |
US$ 125 Billion |
81% |
51.2% |
Software Products & Engineering |
US$ 54 Billion |
83.9% |
22.1% |
Hardware |
US$ 18 Billion |
Domestic-focused |
7.4% |
India's Global Standing
India ranks first in AI skill penetration and third globally in AI talent pool.
According to AWS, India is expected to see a 9x increase in digitally skilled workers by 2025, with ~3.9 billion training sessions expected.
Japanese investments in Indian IT grew 4x between 2016-2020, totaling US$ 9.2 billion over two decades.
Service exports from India, driven largely by IT and ITeS, are projected to reach US$ 1 trillion by 2030.
Emerging Trends & Strategic Initiatives
1. Global Delivery Expansion
Indian companies are expanding internationally. For instance, TCS planned to hire 1,500 tech professionals in the UK, enhancing its delivery capabilities.
2. Data Annotation & AI Hub
India is becoming a global hub for data annotation and AI services, expected to grow from US$ 250 million in FY20 to US$ 7 billion by 2030.
3. New-Age Technologies
Rapid adoption of cloud computing, big data analytics, social media, AI, and blockchain is driving digital transformation. The SMAC (Social, Mobility, Analytics, Cloud) market alone was worth US$ 225 billion in 2020.
Growth Drivers
1. Public Cloud Market
India’s public cloud market is expected to grow at a CAGR of 23.4%, reaching US$ 17.8 billion by 2027.
Cloud adoption has surged 4x since FY19, forming a backbone for digital innovation.
2. Cybersecurity & Policy Support
MeitY has approved 14 applicants under the PLI scheme for IT hardware.
Launch of IndiaAI Mission in 2024 with an outlay of Rs. 10,300 crore (US$ 1.2 billion) to promote AI infrastructure, innovation, and workforce development.
3. Talent Pool
India is home to 16% of the global AI talent and ranks fifth in AI research publications.
NASSCOM projects a demand of 2 million cloud technology professionals by 2025.
Cloud and Data Centre Boom
Hyper-Scale Cloud Growth
Global data centre investments are expected to exceed US$ 200 billion annually by 2025.
India’s data centre market will grow from US$ 5.42 billion in 2022 to US$ 9.96 billion by 2028.
Key data centre hubs: Mumbai, Chennai, Bangalore, Hyderabad, NCR.
Major Investments
AWS launched its second Indian region in Hyderabad, with US$ 4.4 billion investment expected to generate 48,000 full-time jobs by 2030.
Amazon-Airtel partnership will see US$ 1.6 billion invested in Hyderabad data centres.
Google Cloud partnered with SuperGaming to support India’s gaming ecosystem.
Ascendas India Trust committed Rs. 1,200 crore (US$ 160.67 million) for its first Indian data centre.
Future Outlook & Government Support
Key Initiatives & Forecasts
India's digital economy is projected to reach US$ 1 trillion by 2025.
The government is emphasizing AI, cybersecurity, 5G, and digital finance.
The RBI aims to reduce online transaction costs, encouraging a cashless economy.
India’s IT spending is projected to hit US$ 138.6 billion in 2024, growing 11.1% YoY.
Conclusion: Strong Momentum with Strategic Focus
India’s IT industry is rapidly evolving as a global digital services powerhouse, supported by a growing talent pool, government backing, and massive investments in emerging technologies. With a target to reach US$ 500 billion in revenue by 2030, the industry is well-positioned to shape the future of global digital transformation.
BUSINESS STRENGTHS
1. Comprehensive IT Solutions:
Offers end-to-end IT services across the entire business life cycle, including enterprise networking, network security, AV and collaboration services, security and surveillance, data centers, cloud solutions, and managed services. Solutions are tailored for businesses of all sizes and maturity levels.
2. Diverse Client Portfolio:
Serves a wide range of industries such as government, education, hospitality, and banking. Long-standing relationships with key clients drive repeat business and enhance competitive positioning.
3. Robust Order Book:
Maintains an order book exceeding ₹7,159.46 lakhs as of June 30, 2025, providing strong revenue visibility and supporting strategic expansion and capital planning.
4. Experienced Leadership:
Led by a seasoned management team—Chairman & Managing Director Manish Kumar Sharma (23+ years) and CEO Neeraj Kumar (26+ years)—with deep expertise in IT infrastructure. Backed by a qualified board and leadership team focused on innovation, operational excellence, and market growth.
BUSINESS STRATEGIES
1. Expansion into Emerging Technologies:
Plans underway to diversify into IoT and Artificial Intelligence, with current efforts focused on IoT applications in solar panel-based climate and weather monitoring. Additional opportunities are being explored in cybersecurity through the development of Security Operations Centres.
2. Customer Relationship Management:
Emphasis on delivering timely, high-quality services to strengthen client relationships and drive repeat business.
3. Talent Acquisition and Development:
Focused on attracting, nurturing, and retaining skilled professionals through structured recruitment, training programs, and a performance-driven, innovation-led work culture.
4. Operational Efficiency:
Aiming to enhance cost-effectiveness by improving operational processes, conducting regular project reviews, implementing corrective actions, and adopting advanced technologies.
BUSINESS RISK FACTORS & CONCERNS
1. Vendor Dependency:
Operations are significantly dependent on a limited number of vendors for procurement of IT equipment such as switches, routers, wireless and security devices. No long-term contracts are maintained with suppliers, increasing the risk of supply disruptions or price volatility. Purchases from the top 10 vendors accounted for 72.20%, 64.16%, and 71.15% of procurement costs in FY2025, FY2024, and FY2023, respectively.
2. Government Tender Dependence:
A major portion of revenue is derived from government-related contracts awarded through competitive tendering. Contracts are typically awarded to the lowest bidder meeting eligibility criteria, exposing the business to pricing pressure and uncertainty in bid outcomes.
3. Customer Industry Concentration:
Revenue is concentrated among select customer industries such as public administration, IT & ITeS, energy, infrastructure, railways, and education. Loss of key clients or reduced spending in these sectors may adversely impact revenue and financial performance.
Summary:
Takyon Networks faces business risks related to vendor concentration, reliance on government tenders for project acquisition, and limited customer industry diversification. These dependencies increase exposure to pricing pressures, bid competitiveness, and customer retention challenges.
Period Ended | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 |
---|---|---|---|
Reserve of Surplus | 2,469.23 | 2,475.55 | 1,935.44 |
Total Assets | 8,570.19 | 7,282.94 | 6,967.02 |
Total Borrowings | 333.20 | 416.08 | 243.99 |
Fixed Assets | 256.42 | 277.30 | 163.99 |
Cash | 31.20 | 85.18 | 29.82 |
Net Borrowing | 302.00 | 330.90 | 134.17 |
Revenue | 10,347.70 | 10,824.54 | 6,396.60 |
EBITDA | 1,278.53 | 1,109.38 | 633.28 |
PAT | 695.75 | 522.31 | 281.17 |
EPS | 6.61 | 4.96 | 2.67 |
Note 1:- RoE, ROCE & RoNW calculation in KPI is based on 31st Mar, 2025 Data, given in RHP.
Note 2:- Pre EPS and Post EPS calculation in KPI is based (Profit/Loss for the Year) on 31st Mar, 2025 Data, given in RHP.
Note 3:- RoNW calculation in KPI is based on 31st Mar, 2025 Data, given in RHP.
Note 4:- Price to Book Value calculation in KPI is based on 31st Mar, 2025 Data, given in RHP.
Key Performance Indicator |
|||||||||||
KPI | Values | ||||||||||
EPS Pre IPO (Rs.) | ₹ 6.61 | ||||||||||
EPS Post IPO (Rs.) | ₹ 4.86 | ||||||||||
P/E Pre IPO | 8.16 | ||||||||||
P/E Post IPO | 11.12 | ||||||||||
ROE | 21.92 % | ||||||||||
ROCE | 24.43 % | ||||||||||
P/BV | 1.61 | ||||||||||
Debt/Equity | 0.34 | ||||||||||
RoNW | 19.75 % |
Takyon Networks Limited IPO Peer Comparison |
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Company Name | EPS | ROCE | ROE | P/E (x) | P/Bv | Debt/Equity | RoNW (%) | ||||
Takyon Networks Limited | ₹ 4.86 | 24.43 % | 21.92 % | 11.12 | 1.61 | 0.34 | 19.75 % | ||||
Allied Digital Services Limited | ₹ 5.70 | 9.73 % | 5.44 % | 28.4 | 1.52 | 0.16 | 5.44 % | ||||
Synoptics Technologies Limited | ₹ 4.76 | 8.53 % | 5.96 % | 21.4 | 1.24 | 0.48 | 5.96 % |
TAKYON NETWORKS LIMITED
CP 37, Viraj Khand Gomti Nagar, Lucknow – 226 010, Uttar Pradesh, India
Contact Person : Pooja Sharma
Telephone : +91-0522-6656617
Email : cs@takyon.co.in
Website : https://www.takyon.co.in/
Registrar : CAMEO CORPORATE SERVICES LIMITED
Contact Person : Ms. K Sreepriya
Telephone : +91-44-40020700/28460390
Email : ipo@cameoindia.com
Website : https://cameoindia.com/
Lead Manager : HEM SECURITIES LIMITED
Contact Person : Neelkanth Agarwal
Telephone : +91- 022- 49060000
Email : ib@hemsecurities.com
Website : https://www.hemsecurities.com/
Takyon Networks embarked on their journey in 2009 with the vision of providing turnkey solutions in voice and data systems that can cater to the IT infrastructure needs of many government and corporate clients. Gradually, they expanded their services in IT Infrastructure, System Integration, Video Conferencing, Surveillance and Security, Network Security, Power Conditioning, and Customized Software Solutions.
The company is led by experienced and technically qualified Promoters. Mr. Manish Kumar Sharma, our Chairman & Managing Director, has over 23 years of experience, while Mr. Neeraj Kumar, our Chief Executive Officer & Whole Time Director, has more than 26 years of experience in the IT infrastructure industry. Each of them brings a unique set of operational strengths to the Company.
The Revenues from operations for the Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 10,347.70 Lakh, ₹ 10,824.54 Lakh and ₹ 6,396.60 Lakh. The EBITDA for the Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 1,278.53 Lakh, ₹ 1,109.38 Lakh and ₹ 633.28 Lakh. The Profit after Tax for the Fiscals ended on Mar 31, 2025, 2024 and 2023 were were ₹ 695.75 Lakh, ₹ 522.31 Lakh and ₹ 281.17 Lakh respectively. This indicates a steady growth in financial performance.
The Company Key Performance Indicates the pre-issue EPS of ₹ 6.61 and post-issue EPS of ₹ 4.86 for FY24. The pre-issue P/E ratio is 8.16x, while the post-issue P/E ratio is 11.12x against the Industry P/E ratio is 28x. The company's ROCE for FY24 is 24.43%, ROE for FY24 is 21.92% and RoNW is 19.75%. These metrics suggest that the IPO is fairly priced.
The Grey Market Premium (GMP) of Takyon Networks showing listing gains of 25.95 %.Given the company's financial performance and the valuation of the IPO, we recommend Risky Investors to Apply to the Takyon Networks Limited IPO for Listing gain.
Disclaimer: The information provided in this IPO review is for educational and informational purposes only and should not be construed as financial advice or an offer to buy or sell securities. The review must not be used as a singular basis of any investment decision. The views herein are of a general nature and do not consider the risk appetite or the particular circumstances of an individual investor; readers are requested to take professional advice before investing. Nothing in this document should be construed as investment advice. The content is based on publicly available information and market perceptions as of the date of publication and is subject to change. Neither the author nor the website is responsible for any losses or damages arising from the use of this information. 1.“Registration granted by SEBI, membership of a SEBI recognized supervisory body (if any) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.” 2. “Investment in securities market are subject to market risks. Read all the related documents carefully before investing.” 3. To read the Disclaimers, Disclosures, Investor Charter, Investor Complaints please visit our website abhayvarn.com
About the Author
CA Abhay Kumar (Also known as CA Abhay Varn) is a qualified Chartered Accountant by profession and cleared CA at age 21. He is a SEBI Registered Research Analyst with Registration Number - INH300008465. He Possesses 8+ years of experience in the Stock Market Field and has also worked in Big CA firms.
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