Takyon Networks IPO – In-depth Overview of the Public Issue and Market Buzz

Introduction to Takyon Networks
Takyon Networks Limited began its operations in 2009, offering turnkey solutions in voice and data systems. The company has steadily diversified and now provides services like IT Infrastructure, System Integration, Video Conferencing, Surveillance and Security, Network Security, Power Conditioning, and Customized Software Solutions. Over the years, the firm has catered to the needs of both government and corporate clients.

IPO Details and Timeline
The Takyon Networks IPO is a Book Built Issue worth ₹ 20.48 Crores, comprising an entirely Fresh Issue of 37.92 lakh equity shares. The price band is set between ₹ 51 and ₹ 54 per share, and the minimum investment for retail investors is ₹ 2,16,000 (2 lots of 4,000 shares). The IPO opened on July 30, 2025, and closed on August 01, 2025.

The share allotment date is expected to be August 4, 2025, with the listing scheduled for August 6, 2025 on the NSE SME platform.

Market Capitalisation and Valuation
At the upper price band of ₹ 54, the market capitalisation of Takyon Networks is projected to be around ₹ 77.33 Crores. The pre-issue EPS for FY24 is ₹ 6.61, and the post-issue EPS is ₹ 4.86. The pre-issue P/E ratio stands at 8.16x, and the post-issue P/E ratio is 11.12x, which appears reasonable when compared with the industry average P/E of 28x.

Live Subscription Status and Investor Response
As of 12:00 PM on the final day (August 1, 2025), the IPO was subscribed 5.61 times, showcasing robust interest from retail and HNI (High Net-worth Individual) investors. This strong participation is a positive sign and boosts confidence in a promising listing.

Anchor Investor Participation
Before the public subscription phase, the company raised ₹ 5.76 Crores from Anchor Investors by allotting 10,68,000 equity shares at ₹ 54 per share, the upper price band. This reflects institutional trust in the company’s growth and valuation.

GMP and Listing Expectations
The Grey Market Premium (GMP), though unofficial, was reported at ₹ 14, implying an expected listing price of ₹ 68, which is approximately a 25.95% premium over the IPO price. While GMP is speculative and not officially regulated, it often reflects market sentiment and demand.

Financial Performance Snapshot
The company has shown consistent growth in revenue and profit over the past three years:

• FY23 Revenue: ₹ 6,396.60 Lakh

• FY24 Revenue: ₹ 10,824.54 Lakh

• FY25 Revenue: ₹ 10,347.70 Lakh

EBITDA improved to ₹ 1,278.53 Lakh in FY25 from ₹ 633.28 Lakh in FY23, while Profit after Tax rose from ₹ 281.17 Lakh in FY23 to ₹ 695.75 Lakh in FY25. These figures indicate a steady financial trajectory.

Key Financial Ratios:

• ROCE (FY24): 24.43%

• ROE (FY24): 21.92%

• RoNW: 19.75%

These ratios demonstrate operational efficiency and prudent management of equity.

Use of IPO Proceeds
Takyon Networks plans to utilize the IPO funds in the following manner:

1. ₹ 10 Crores for Working Capital requirements – to scale existing and new projects.

2. ₹ 3 Crores for Loan Repayment – improving the debt-to-equity ratio.

3. Balance for General Corporate Purposes – including future expansion, tech upgrades, and strategic partnerships.

Experienced Leadership
The company is led by Mr. Manish Kumar Sharma, Chairman and MD with over 23 years of experience, and Mr. Neeraj Kumar, CEO with more than 26 years in IT infrastructure. Their vision and execution have helped the company gain ground in an otherwise competitive market.

Industry Outlook
India’s IT infrastructure and system integration industry is on the rise, driven by government digitalisation efforts, smart city projects, cybersecurity needs, and enterprise-level digitisation. Companies like Takyon that offer end-to-end turnkey services are in a good position to capitalise on this trend.

IPO Allotment Process – How to Check
Allotment results will be available on Cameo Corporate Services Limited’s website on or after August 4, 2025. Here’s how to check:

1. Visit the IPO allotment status portal.

2. Select Takyon Networks Limited IPO from the dropdown list.

3. Enter your Application Number, PAN, or DP/Client ID.

4. Click submit to view your allotment status.

Risks to Consider Before Investing
While the IPO looks promising, investors must be aware of certain risks:

• SME Platform listing may involve lower liquidity than mainboard.

• Market volatility post-listing could impact short-term gains.

• GMP is speculative and shouldn't be the only basis of investment.

Final Verdict: Should You Apply?
Given the strong subscription, reasonable valuation, and robust financials, Takyon Networks IPO may offer moderate listing gains. However, since it is listed on the NSE SME platform, only risk-tolerant investors with medium to long-term investment horizon should consider applying.

The Grey Market Premium suggests optimism, but actual performance will depend on post-listing investor interest, market sentiment, and future earnings consistency.

Conclusion
Takyon Networks brings a solid track record in IT infrastructure and solutions, backed by experienced promoters and consistent revenue growth. Its IPO received an encouraging response, particularly from anchor and HNI investors, pointing to confidence in its future trajectory.

Disclaimer
This article is for educational and informational purposes only and does not constitute financial advice. Investment decisions should be based on individual risk tolerance and consultation with SEBI-registered advisors. Market conditions are volatile and subject to change. Neither the author nor the platform is responsible for losses arising from use of this information.

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