Takyon Networks made a flat debut today, listing at ₹54—exactly at its IPO issue price.
The SME IPO of ₹20.48 crore was subscribed 21.77 times during July 30 to August 1.
Grey market premium stayed near zero, pointing to cautious investor sentiment.
Retail investors had to apply for a minimum lot of 2,000 shares, worth ₹1.08 l
akh.
The entire IPO was a fresh issue of 37.92 lakh shares—no offer-for-sale component.
Takyon offers IT, networking, and system integration services across key sectors.
The company’s clients include institutions from healthcare, education, and govern
ment projects.
Subscriptions were led by NIIs (37×), followed by retail (20×) and QIBs (13×).
While listing was flat, market watchers say long-term gains depend on order bo
ok execution.
Takyon is among 3 SME IPOs listing today, part of a busy primary market week.