TAKE Solutions will debut on bourses on Monday, 27 August 2007. It will be placed in the B1 group on the BSE.

The company had fixed the IPO price at the top end of the Rs 675-730 price band.

At the IPO price of Rs 730, the PE works out to 27.65, based on the year ended March 2007 EPS of 26.4.

The IPO had ended on 7 August 2007 with 57.97 times subscription.

The qualified institutional buyers (QIBs) category was subscribed 75.58 times, the non institutional investors category was subscribed 100 times, whereas the retail investors category was subscribed 23.33 times. The employees category was subscribed 1.05 times.

TAKE Solutions is engaged in life sciences and supply chain management solutions. 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 debt utilised in the acquisition of ClearOrbit Inc of US.

Earlier in June 2007, TAKE Solutions had acquired Texas based ClearOrbit, a supply chain execution and collaborative supply management solutions provider, for $20.6 million.

The company, along with its subsidiaries, has completed more than 2,500 software installations for over 250 customers ranging in size from multinational enterprises to medium- and smaller-sized companies, as on 31 March 2007.

The company recently approved allotment of 9 lakh shares to Galleon International Master Fund SPC and Passport India Investments (Mauritius).

TAKE Solutions reported a net profit of Rs 31.71 crore on an operating revenue of Rs 182.16 crore in the year ended March 2007.