Mumbai, Aug. 6 -- The scrip was listed at Rs 55.85, a premium of 3.43% compared with the initial public offer (IPO) price. The stock is currently down 3.31% over its listing price.

The counter hit a high of Rs 56 and a low of Rs 53.06. About 12.22 lakh shares of the company changed hands at the counter.

Takyon Networks' IPO was subscribed 20.35 times. The issue opened for bidding on 30 July 2025 and it closed on 1 August 2025. The price band of the IPO was set at Rs 51 to Rs Rs 54 per share.

The IPO comprised fresh issue of 37,92,00 equity shares. The promoter and promoter group shareholding diluted to 73.52% from 100% pre-issue.

The company intends to utilize the net proceeds for repayment of a portion of certain borrowing availed by...