28 Jul 07 TAKE Solutions Limited IPO : TAKE Solutions IPO opens on 1st
TAKE Solutions Limited, a life sciences and supply chain management solutions company, is coming out with an IPO through the book building process. TAKE Solutions IPO will open for subscription on 01 August 2007 and will close for subscription on 07 August 2007. TAKE Solutions Limited has fixed the price band for the IPO between Rs. 675 and Rs. 730 per share. As per the Draft Prospectus, TAKE Solutions Limited will use the proceeds of the IPO for repayment of loans, product development and to build a war chest for mergers and aquisitions. TAKE Solutions Limited recently acquired two US based companies (ie.) OnSphere Corporation and Applied Clinical Intelligence, LLC (ACI) for a cash consideration of $ 2.75 million and $ 2.4 million respectively. Post IPO, the shares of TAKE Solutions Limited will be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). TAKE Solutions Limited had recently made a pre IPO placement of 900,000 equity shares to Galleon International Master Fund SPC Limited and Passport India Investments (Mauritius) Ltd. The issue size of TAKE Solutions IPO is about Rs. 150 crores. The lead manager for the TAKE Solutions IPO is Edelweiss Capital Limited. The registrar for the TAKE Solutions IPO is Intime Spectrum Registry Limited. For updates on the subscription / oversubscription ratio of TAKE Solutions Ltd IPO and to know the IPO allotment status, refund details and listing date of TAKE Solutions Ltd. IPO, do check this blog regularly.
TAKE Solutions Limited IPO Prospectus
For more information, read the Draft red herring prospectus of the TAKE Solutions Limited IPO Issue.
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Is it worth investing in Take Solution. Can anyone suggest
SIR,
INFORMATION ABOUT take solution IPO and full detailes ,what price it is valuble pl explain.
Hi All,
What is the future prospect of Stocks
Aftek
Kolte Patil
Please advise