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TCS IPO highlightsnews
TCS to issue 55,452,60
22 July 2004
  • TCS to issue 55,452,600 equity shares of Re.1 each for cash at a premium through a 100 per cent book building process.
  • The indicative price band has been fixed at Rs.775 and Rs.900 per equity share of Rs.1 each
  • The books will open to accept offers / bids on 29 July 2004 and close on 05 August 2004
  • The shares are to be listed on the National Stock Exchange and The Stock Exchange, Mumbai
  • TCS is Asia's largest exporter of IT services
  • TCS pioneered the concept of offshore development in 1977
  • The first Indian company to record a revenue in excess of US $ One billion
  • TCS today is working on projects for over 548 active clients
  • Over 30,000 consultants from over 30 countries man its development centres in 31 cities located in ten countries and 99 international offices

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