Taksheel solutions Pavan kumar kuchana

Taksheel Solutions Limited: Mr. Pavankumar Kuchana has been a Managing Director and Chairman of the board of the Taksheel Solution. Taksheel company was set up in 1999 with a vision of simplifying Information Technology Services, Financial Services, Wealth Management Technology Solutions, Dataware housing, Application Development and Application Maintenance Services for your business.

Under the companies Act. 1956, our company is incorporated on 23rd Sep 1999 as IBSS Techno Park Pvt Ltd at Hyderabad, Andhra Pradesh. As a result, the name of the company was changed to Taksheel Solutions Ltd on 29th Nov 2006. After that our company is converted into a public limited company by passing the special resolution. Our company is engaged in the business solution of providing Wealth Management Services and Information Technology Service providers. 

Mr. Kuchana Pavankumar is the present Managing Director and Chairman of the company with a vision to carry forward and to build a global organization with a focus on delivering services to valuable customers. Our promoters are Mr. Ramaswamy Kuchana and Mr. Pavankumar(Individuals) and Lexicon Private Limited(Corporate Promoter).

Know more about pavan kuchana at :  Taksheel Solutions Ltd

All about pavan Kuchana Taksheel solutions

Taksheel Solutions Limited - Pavan Kuchana(Chairman and Managing Director)

1. How was the response to the IPO?

• The IPO was subscribed 2.95 times. The overall bids received stood at 16,430,220 shares as against the total issue size of 5,500,000 shares.
• The company had fixed the price band at Rs. 130 to Rs. 150 per share.
• Punjab National Bank(PNB) Investment services, a unit of PNB was the book running lead manager.
• Taksheel Solutions was planning to raise Rs. 800Mn via the IPO.

2. What is the revenue mix?

About 50% of our revenue comes from Wealth Management Solutions and remaining 50% comes from Business Intelligence and Data Warehousing.

3. What are hiring plans?

Our client employee strength stands at 70. We already started Application Development and Application Maintenance centers at Hyderabad and Warangal that can seat up to 500 people.

Do you would like to know more about Mr. Pavan Kuchana visit us at: Taksheel Solutions Limited

a visit to ibss taksheel software solutions

Taksheel Solutions Ltd was incorporated on September 23, 1999 as IBSS Techno-Park Pvt Ltd in Hyderabad. The company was established with a vision of simplifying Information Technology for business. In the year 2000, the company expanded their activities to support US operations. Also, they set up a 150-seat capacity center at Hyderabad.

In the year 2009, the company set up a new SEZ unit at Lanco Hills Technology Park Pvt Ltd (SEZ) Hyderabad. Also, they acquired Telecom Software products from Verisoft Business Solutions Pvt Ltd. In the year 2010, the company divested 100% shareholding in their subsidiary, International Business Software Solutions (IBSS) Inc, New Jersey, USA.

In November 29, 2006, the name of the company was changed from IBSS Techno-Park Pvt Ltd to Taksheel Solutions Pvt Ltd. In December 28, 2006, the company was converted into a public limited company and the name was changed to Taksheel Solutions Ltd. In the year 2007, the company acquired Business Intelligence and Data Warehousing business of Dataformix Technologies Inc., USA. 

In the year 2011, the company received ISO 9001:2008 certification. In February 15, 2011, they opened a branch in Singapore as 'Taksheel Solutions Ltd Singapore Branch'. In June 29, 2011, they started a non SEZ software development center in Warangal, India.

The company is in the process of expanding their operations geographically. They propose to expand their operations in Asia-Pacific markets and Middle Eastern countries.

Know more about financial services at : Taksheel Business Solutions

pavankumar kuchana chairman and managing director taksheel solutions

Taksheel Company was set up in 1999 with a vision of simplifying Information Technology for business. Our company has expand to emerge as a specialized in Information Technology Solutions offering Telecom Solutions, Wealth Management Solutions, Data Warehousing and Application Development and Maintenance.

Taksheel Company was incorporated on 23rd Sep 1999 as IBSS Techno-Park Pvt Ltd at Hyderabad, Andhra Pradesh. On 29th Nov 2006, the name of the company was changed to Taksheel Solutions Pvt Ltd. Later, the company is converted into a Public Ltd Company by passing the Special Resolution in the Extra-Ordinary general meeting held on 06 Dec 2006 and Register of Companies, Andhra Pradesh, Hyderabad had issued fresh certificate of incorporation consequent on such conversion on 28th Dec 2006. Taksheel Company is engaged in the business of providing Information Technology services to Wealth Management Service Providers. 

Our Promoters are Mr. Kuchana Ramaswamy and Mr. Kuchana Pavan Kumar(Individuals) and Lexicon Pvt Ltd(Corporate Promoter). Mr. Kuchana Pavan is the present Chairman and Managing Director of the company with a vision to carry forward and build a global organization with a focus on delivering value to customers.

Know more about financial services at : Taksheel Solutions