TAKE Solutions Limited IPO Message Board (Page 11)

Taushree,
I have purchased 2500 shares of Shivalik global as per suggetion given in the messages, what should I do now.

I feel take will be listed with good Price

The stock appears expensive as it is aggressively priced at 19x at the lower band and 20x at the upper price band based on Rs 35.03 diluted EPS for FY07. The company operates in a niche area with very few companies with which it can be compared with. On a broader basis with most small and mid – cap IT companies trading at a PE of 10-12x, the issue seems very steeply priced with not much of upside left on listing. We advise investors to avoid the issue.

Beware of market crash guys .... Dont enter primary or secondary market for a month ..... Put SL to ur holdings .... Tom sureshot crash

in monday market crash more 400 points
bcoz all world market down
and wen. also 400points down
so no ipoooooooooooooooooooooooooooooosssssssssssss

don't apply for take it ll take all ur money & give nothing!!!!!...........

don't apply for take it ll take all ur money & give nothing!!!!!...........

Hi Tanushree,

What is your take on Take solutions.....what shd be the premium...can you guide us???Considering the fact that would list somewhere around august end...

dear friends
market is going to be 14080 in the next week remember 14080
so we more cautious before trading
sold TCS/GMR INFRA and NIFTY

The Premium of Take Solution jump to 635Rs. Robust response well be gain in QIB, HNI and Retail

Hi Friends,
Grey Market Premium as on Saturday, Aug 04 2007 - 04:00 pm

Company Name Premium

SEL Manufacture Ltd. 8 to 10
Asian Granito 11 to 13
Puravankara Projects 18 to 20
Take Solutions 625 to 650
KPR Mills 18 to 20
Refex 10 to 12
I V R Prime 11 to 13
Omaxe Ltd. 95 to 100
OMNI Tech Info 100 to 105
Central Bank 38 to 40
Zylog Systems Ltd. 320 to 325
Alpa Labs (Discount)

TAKE Solutions, an international business technology company with a focus on life sciences and supply chain management solutions, will enter the capital market with an initial public offer (IPO) of upto 2,100,000 equity shares of Rs 10 each for cash at a price to be decided through the 100% book building process. The bid/ issue will open for subscription on August 1, 2007, and close on August 7, 2007.

Moneycontrol conducted a poll on market experts to check whether to apply for the public issue or not. Majority of experts said apply.

Experts/Company Poll Result Experts view

R S Iyer (KR Choksey) - Apply
Take Solutions is an excellent issue. People should apply for the issue.

Manish Bhatt (Prabhudas Lilladher) - Apply
Take Solutions looks to be good issue. Company has done lot of acquisition since 2004, so they raised some debts on the book. They are going to pay some debts through this IPO money. It will be debt free company in future. Promoters background is also good. People can subscribe to the issue.

SP Tulsian (Investment Advisor) - Don't Apply
The company is into providing software products and services for Supply Chain Management (SCM) and Life Sciences (LS) Verticals and have 16 products in SCM vertical and have 6 products under LS vertical. Upto 31-03-07 the company completed more than 2,500 software installations for over 250 customers which are mainly MNCs, Medium and Small sized companies.

During 2004 to 2007, the company acquired stakes in various companies to foray into automotive space in India, SCM in South East Asian market and for US markets.

Due to various acquisitions, debt of the company rose to Rs 138 crore from Rs.41 crores in FY 06. Even sundry debtors of Rs 78.50 crore as at 31-03-07 is quite high compared to topline of Rs 183 crore of FY 07. A debtor cycle of over 5 months.

The company has now estimated a fund requirement of about Rs 142 crore of which Rs 104 crore is for repayment of debt availed for acquisitions in the past and for pre-payment of term loan. Rs 38 crore has been earmarked for product development and enhancement of domestic infrastructure facilities. Acquisition of companies/business/products seems to be main focus for which no fund has been earmarked The entire fund is being mobilized from the proposed issue.

Since major chunk of the fund shall get used for loan repayment nothing much shall get used for improved performance. Considering PAT of Rs 31.64 crore for FY 07 EPS translates to Rs 26.36 on expanded equity base of Rs 12 crore. At the upper band of Rs 730, share is richly valued at a PER of close to 28. No doubt, product IT companies are always richly valued, but this is quite steep.

Also due to low market perception for IT stocks, investment is not recommended in the issue.The price band is between Rs 675 and Rs 730 per equity share. The equity shares are proposed to be listed on the Bombay Stock Exchange and the National Stock Exchange.

The objects of this issue are to raise fresh capital that can be deployed in the acquisition of companies, businesses and products as well as to repay the debt facilities utilised in the acquisition of ClearOrbit Inc., USA. It intends to enhance product development and domestic infrastructure facilities.

TAKE Solutions offers cost effective comprehensive business solutions backed by domain expertise, in supply chain management and life sciences. It has a presence in the US through its Life Sciences Domain Excellence centre located in New Jersey. It has a significant representation in various regions across the world through its business development offices located in India, Singapore, Malaysia and the U.S.

TAKE Solutions recently approved the allotment of a total of 900,000 equity shares to Galleon International Master Fund SPC. Limited New Silk Route Pipe Segregated Portfolio and Passport India Investments (Mauritius) Limited.

Take Solutions Limited - Bid details

Sr.No. Category No.of shares offered/reserved No. of shares bid for No. of times of total meant for the category
1 Qualified Institutional Buyers (QIBs) 1200000 4799988 4.0000
1(a) Foreign Institutional Investors (FIIs) 4799988
1(b) Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) 0
1(c) Mutual Funds 0
1(d) Others 0
2 Non Institutional Investors 200000 144 0.0007
2(a) Corporates 144
2(b) Individuals (Other than RIIs) 0
2(c) Others 0
3 Retail Individual Investors (RIIs) 600000 39672 0.0661
3(a) Cut Off 36324
3(b) Price Bids 3348
4 Employee Reservation 100000 58095 0.5810
4(a) Cut Off 58095
4(b) Price Bids 0

Updated as on 03 Aug 2007 at 1700 hrs

yaar omnitech ka primium bhi 200-215 tha
par ab 70-75 hai
muje to ye grey market bakvas dikhata hai
jab ipo open hota hai tab sab primium high hote hai
or close ho jane ke bad down aa jata hai
plz avoid this ipo
not profitable company
go for htmt global solution
its eps and profit high

hai all take fans who wish to invest in this issue. may i remind you that please note that this is highly prized issue and market from monday onward starts melting as you will see yourself. now whether to apply this highly prized issue or not decide yourself. according to my opinion if the market conditions remains stable it will provide some premium but beware if market conditions not good or conducive it will break your backbone. remember nelcast where evey site or newspaper recommended this issue but it bombed in share market. now time will tell about this issue

go for d listing gain...........premium around 400 buks.........

forever "solutions" for your money and "take" full rest form the market.highly priced,better invest in some other ipo.no gray market prermium

here is the list of companies who filed DRHP with sebi some issues came and some are to come in future
Purvankara Projects Ltd. – 09-01-07
Afcons Infrastructure Ltd. – 09-01-07
HAL Offshore Ltd. – 22-01-07
IVR Prime Urban Developers Ltd. – 29-01-07


Kolte Patil Developers Ltd. ‑‑ 07-02-07
Housing Development and Infrastructure Ltd. – 14-02-07
Spice Communications Ltd. – 23-02-07


Mundra Port and Special Economic Zone Ltd – 07-03-07
GSS America Infotech Ltd. – 22-03-07
Dhanus Technologies Ltd. 28-03-07
Kaveri Seed Company Ltd. – 30-03-07


M S Khurana Engineering Ltd. – 02-04-07
Motilal Oswal Financial Services Ltd. – 04-04-07
Niraj Cement Structurals Ltd. – 05-04-07
National Hydroelectric Power Corporation Ltd. – 09-04-07
Bharat Earth Movers Ltd. – 12-04-07
Koutons Retail India Ltd. – 18-04-07
Power Grid Corporation of India Ltd. – 18-04-07
Burnpur Cement Ltd. – 19-04-07


Maytas Infra Ltd. – 04-05-07
SVEC Constructions Ltd. – 04-05-07
Brahmaputra Consortium Ltd – 10-05-07
ICICI Bank Ltd – 16-05-07
Kiri Dyes and Chemicals Ltd – 22-05-07
Central Bank of India – 22-05-07


Consolidated Construction Consortium Ltd – 04-06-07

anybody knows that the forthcoming ipos in next week?

50% are +ve on take and 50% are -ve on take. so finally what one should do? any final advice based on solid facts.