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Take Solutions to list today; May list around Rs 850

Monday, August 27, 2007

Take Solutions, which focuses on life sciences and supply chain management solutions, will list on the bourses today. Analysts are expecting the stock to list at a decent premium given the subscription figures and the positive sentiment in the market today. The stock may list around Rs 850.

The company had come out with an initial public offer (IPO) of 2,100,000 equity shares of Rs 10 each for cash at a price band between Rs 675 and Rs 730 per equity share. It was subscribed 59.42 times.

Take Solutions offers cost effective comprehensive business solutions backed by domain expertise, in Supply Chain Management (SCM) and Life Sciences (LS).

Posted by FR at 9:12 AM  

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Investment in equity shares has its own risks. Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that we consider reliable. I, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and I am not responsible for any loss incurred based upon it.& take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations given in this blog.