TCS Listing Day Ad in 2024 (Source:
Okay Krithivasan LinkedIn)
TCS was listed in 2004, and it has since turn out to be one of the vital useful and broadly traded shares in India.
Okay Krithivasan, CEO & MD at Tata Consultancy Services, on Sunday shared a reminiscence of when the IT big went public with its IPO. A serious IT companies firm, TCS, has been publicly listed on each the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) in India.
The firm was initially listed in 2004, and it has since turn out to be one of the vital useful and broadly traded shares in India.
“Today marks 20 years since TCS went public with its IPO in 2004. In these two dynamic a long time we’ve helped our shoppers navigate many know-how cycles, reshaped the worldwide IT business, constructed rewarding long-term careers for our colleagues and created wealth for our traders,” Krithivasan wrote on the skilled networking platform LinkedIn.
TCS is part of the Tata Group, one of India’s largest conglomerates, and its listing was a significant event in the Indian stock market, attracting a lot of attention from both retail and institutional investors.
Here are some key details about the listing:
- IPO Date: July 29, 2004
- Issue Close Date:
- August 5, 2004
- Face Value: Re. 1
- Offer Price/Range: Rs 850.0/Share
- Issue Size: Rs 471.3 crore
- Listing Exchange: NSE and BSE
“I give heartfelt thanks to all my colleagues at TCS, all our clients and partners, who have been with us on this remarkable journey. While we look back with great pride at all that we have achieved together, we remain equally focused on building a stronger future,” Krithivasan added.
