Aug 1, 2007

IPO UPDATE - TAKE SOLUTIONS LIMITED


Company Info :

TAKE Solutions is a leading international business technology company with products backed by a strong domain expertise to provide cost-effective comprehensive solutions for businesses. Use of strong domain knowledge, deployment of the our robust technology frame work, a client centric, template free, approach to solutions deployed and a sound delivery model form the basic tenets of our organization. TAKE has had the privilege of serving a marquee customer base with a strong financial record and robust year-over-year growth.

Solution Provided :

Life Sciences
Supply chain Management
Business process management
Data Warehousing

Public Offer Details :

Offer period : 1st Aug - 7th Aug
Price Band : 675 - 730
No of Shares : 2100000
Company Website : www.takesolutions.com

Overall Sector View :

The It Industry is facing the brunt of the rising rupee & the margins are under pressure.Top 4 companies in this sector have been constantly trying to maintain their margin & have not been very successful in their efforts to do so.

Valuations :

The issue is aggressively priced based on the overall industry average PE ratio of 21 & the nearest comparable company is Patni computers which has a PE ratio of 18.

Our Call : Neutral,Subscribe for listing gains.

Ipotrendz
www.ipotrendz.net

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