Monday 26 September 2011

Taksheel Solutions Ltd - IPO

Offer Opens on
Offer Closes on
Offer Price
29th Sep, 2011
4th Oct, 2011
130 - 150

Taksheel Solution Ltd is IT Solution Company engaged in the business of providing products and services to the financial services industry, Information Technology & Telecom. Headquartered inHyderabad, with an office in North America, they provide professional IT services to global clients. Taksheel Solution offering Wealth Management Technology Solutions, Telecom Solutions, Business Intelligence, Data Warehousing, Application Development and Application Maintenance.

Financial services provided by Taksheel includes wealth management to financial institutions such as Asset and Investment managers, Brokerage houses, Insurance, Hedge funds, Trusts and Family Offices. In Telecom Solutions, Taksheel offers Enterprise IP telephony Solutions, Carrier Switching & Billing Solutions, Contact Center Solutions, IVRS, SMSC, Voice & Video Conference solutions, Chat platforms, Content Delivery Platforms, Closed Private GSM network (CPMN) and In Information Technology services, Taksheel offers Enterprise Network Implementation(LAN,WAN,MAN), OS migration to open source, Software Development, Application customization, Managed IT services (Desktop, Server, Network, NOC support) Server Implementation & Support(Windows, Unix, Sun, Linux),Data Storage Network(SAN,NAS),Network & Data Security Solutions, Network Monitoring System, NOC support Systems, Data center and Disaster recovery center implementation, CRM solution and more.

Taksheel offers cost-effective solutions through its Onsite, Offsite and Offshore development methodology by leveraging its global delivery model and utilizing delivery centers based in Hyderabad, India, and New Jersey, USA. Some of their customers include Merryl Lynch and Bank of America.

Objectives of Taksheel Solutions IPO
1. Capital expenditure for setting up a new software development center at Hyderabad;
2. Capital expenditure for setting up a new software development center at Warangal;
3. Acquisitions and Other Strategic Initiatives;
4. Financing the incremental working capital requirements;
5. General Corporate Purpose;
6. To meet the issue expenses.

CARE has assigned an IPO Grade 2(Below Average Fundamentals) to Taksheel Solutions IPO

No comments:

Post a Comment

Index Watch

Global Markets Updates

What's making news?

Global Indices