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 :
Supply chain Management
Business process management
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.
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.