Takyon Networks IPO listing today. Check GMP ahead of debut

Synopsis

Takyon Networks is set to launch on the Bombay Stock Exchange SME platform on August 6. The initial public offering saw a good response. However, the grey market premium is zero. Shares are expected to debut around Rs 54. The IPO was subscribed 21.77 times overall. The company plans to use the funds for working capital and loan repayment.

Takyon Networks is all set to debut on the BSE SME platform on August 6 after closing its Rs 20.48 crore initial public offering with a robust subscription. However, the mood in the informal market remains tepid. With a grey market premium (GMP) of zero ahead of listing, the company’s shares are expected to debut around their issue price of Rs 54, indicating muted listing expectations despite solid institutional and retail interest.

The IPO, open from July 30 to August 1, was entirely a fresh issue of 37.92 lakh shares and saw an impressive overall subscription of 21.77 times.

The non-institutional investor (NII) segment was the most aggressive, subscribing 37 times, while the retail quota was picked up 19.99 times and the QIB portion saw 13.29 times subscription. The anchor book raised Rs 5.77 crore a day before the issue opened.

Takyon Networks, established in 2009, is a provider of end-to-end IT infrastructure and networking solutions. The company caters to a wide range of sectors including education, government, defense, healthcare, telecom, and hospitality.

Its services span digital transformation, system integration, network security, video conferencing, AMC, and facility management. Headquartered in Noida, with branch offices in Delhi and Kolkata, the company employs over 500 people as of June 2025.

The proceeds from the issue are planned to be used towards working capital needs (Rs 10 crore), partial loan repayment (Rs 3 crore), and general corporate purposes.

Financially, Takyon Networks reported a 33% increase in profit after tax to Rs 6.96 crore for FY25, though revenue dipped slightly by 4% to Rs 103.48 crore. Despite this, the absence of a grey market premium has raised questions over post-listing sentiment.

Whether the stock moves meaningfully beyond its issue price will likely depend on the market’s perception of its growth roadmap and execution post-listing.

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