Bookbuilding IPO | ₹5,420 Cr | Listed at NSE, BSE | Thu, Jul 29, 2004 - Thu, Aug 5, 2004
Tata Consultancy Services IPO is a book build issue of ₹5,420.49 crores. The issue is a combination of fresh issue of 2.28 crore shares aggregating to ₹1,935.88 crores and offer for sale of 4.10 crore shares aggregating to ₹3,484.62 crores.
Tata Consultancy Services IPO bidding started from Jul 29, 2004 and ended on Aug 5, 2004. The shares got listed on NSE and BSE on Aug 25, 2004.
Tata Consultancy Services IPO is set final issue price at ₹850 per share.
JM Morgan Stanley Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to for detailed Information.
IPO Open
Thu, Jul 29, 2004
IPO Close
Thu, Aug 5, 2004
Issue Price
₹850 per share
Market Cap (Pre-IPO)
To be declared
| IPO Date | 29 Jul to 5 Aug, 2004 |
| Listed on | Wed, Aug 25, 2004 |
| Face Value | ₹1 per share |
| Price Band | ₹775 to ₹900 |
| Issue Price | ₹850 per share |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE, BSE |
| Total Issue Size | 6,37,70,480 shares (agg. up to ₹5,420 Cr) |
| Fresh Issue | 2,27,75,000 shares (agg. up to ₹1,936 Cr) |
| Offer for Sale | 4,09,95,480 shares of ₹1 (agg. up to ₹3,485 Cr) |
| Share Holding Pre Issue | 45,55,00,029 shares |
| Share Holding Post Issue | 47,82,75,029 shares |
| BSE Script Code / NSE Symbol | 532540 / TCS |
| ISIN | INE467B01029 |
Tata Consultancy Services IPO comprises a total issue size of 6,37,70,480 shares. The net offer to the public is 5,82,25,220 shares, after excluding 55,45,260 shares under a preferential allotment. Of the Net offer 3,49,35,132 (60.00%) are allocated to QIB, 87,33,783 (15.00%) allocated to NII 1,45,56,305 (25.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 3,49,35,132 | 60.00% | 54.78% |
| NII (HNI) Shares Offered | 87,33,783 | 15.00% | 13.70% |
| Retail Shares Offered | 1,45,56,305 | 25.00% | 22.83% |
| Preferential Reservations | |||
| Employee Shares Offered | 55,45,260 | 8.70% | |
| Total Shares Offered | 6,37,70,480 | 100.00% | 100.00% |
| Category | Limit | Cut-off |
|---|---|---|
| RII | Up to ₹2 Lakhs | Yes |
| sNII | ₹2 Lakhs – ₹10 Lakhs | No |
| bNII | Above ₹10 Lakhs | No |
| Employee (EMP) | Up to ₹2 Lakhs | Yes |
| Employee + RII/NII | Up to ₹2Lakhs (EMP) + RII/NII limits | Yes (EMP/RII) |
Tata Consultancy Services (TCS) is a leading global IT services, consulting, and business solutions company headquartered in Mumbai. It is part of the Tata Group and was established in 1968. TCS provides services such as software development, cloud computing, cybersecurity, artificial intelligence, data analytics, enterprise solutions, and digital transformation across industries worldwide.
TCS operates in more than 50 countries and serves clients in sectors including banking, healthcare, retail, manufacturing, telecom, and government services. The company is known for its strong global delivery model, large workforce, and focus on innovation and technology-driven solutions.
TCS is one of India’s largest IT companies by revenue and market capitalization and is listed on both the NSE and BSE. The company has built a strong reputation for delivering technology solutions to global enterprises and maintaining long-term client relationships.
Competitive Strengths:
| Period Ended | 31 Dec 2003 | 31 Mar 2003 | 31 Mar 2002 |
|---|---|---|---|
| Assets | 3,861.17 | 3,613.80 | 2,659.53 |
| Total Income | 5,085.18 | 5,517.86 | 4,370.63 |
| Profit After Tax | 1,142.70 | 1,093.93 | 1,104.23 |
| EBITDA | 1,343.89 | 1,320.40 | 1,348.95 |
| NET Worth | 1,444.52 | 1,324.17 | 1,124.17 |
| Total Borrowing | 7.02 | 3.90 | 47.00 |
| Amount in ₹ Crore | |||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Datamatics Technologies Ltd. | Mainboard | ₹113.30 Cr | ₹110 | 22.71 | ₹164.75 | +49.77% | ₹826.95 (+2.43%) |
| CMC Ltd. | Mainboard | ₹190.44 Cr | ₹485 | 19.83 | ₹536.05 | +10.53% | (+0.00%) |
| Four Soft Ltd. | Mainboard | ₹20.23 Cr | ₹25 | null | ₹26.60 | +6.40% | ₹59.90 (+1.02%) |
| Patni Computer Systems Ltd. | Mainboard | ₹431.00 Cr | ₹230 | null | ₹232.10 | +0.91% | (+0.00%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Pay the Transfer consideration to Tata Sons and Any remaining proceeds will be used for general corporate purposes. | 2,300.00 |
| Total | 2,300.00 |
| KPI | Mar 31, 2004 |
|---|---|
| RoNW | 91.8% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 90% | 80.95% |
The Tata Consultancy Services IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 7.48 | 6,37,70,480 | 47,71,99,757 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead management, underwriting and selling commission | |
| 2 | Advertising and Marketing expenses | 7.75 |
| 3 | Printing and stationery | 6.20 |
| 4 | Others (Registrars fee, legal fee, listing fee, etc.) | 11.00 |
| Total | 24.95 |
| Price Details |
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Tata Consultancy Services IPO is a main-board IPO of 6,37,70,480 equity shares of the face value of ₹1 aggregating up to ₹5,420 Crores. The issue is priced at ₹850 per share. The minimum order quantity is .
The IPO opens on Thu, Jul 29, 2004, and closes on Thu, Aug 5, 2004.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE, BSE.
Zerodha customers can apply online in Tata Consultancy Services IPO using UPI as a payment gateway. Zerodha customers can apply in Tata Consultancy Services IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Tata Consultancy Services IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Tata Consultancy Services IPO opens on Thu, Jul 29, 2004 and closes on Thu, Aug 5, 2004.
Tata Consultancy Services IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Tata Consultancy Services IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Tata Consultancy Services IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Tata Consultancy Services IPO allotment status.
The Tata Consultancy Services IPO listing date is on .
