Tata Consultancy Services Ltd IPO

Closed

Subscription Details

  • Open Date 29 Jul
  • Close Date 05 Aug
  • Lot Size 7
  • IPO Size ₹ 4713.47 Cr
  • IPO Price Range ₹ 850
  • Min Investment ₹ 5950

Tata Consultancy Services Ltd IPO Timeline

Open Date
29 Jul
Close Date
05 Aug
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public Issue of 55452600 Equity Shares of Re. 1 each for cash at a price of Rs. 850 per Equity Share aggregating Rs. 4713.47 crore, consisting of a Fresh Issue of 22775000 Equity Shares of Re. 1 each by Tata Consultancy Services Limited (TCS Ltd or the Company or the Issuer) and an Offer for Sale of 32677600 Equity Shares by Tata Sons Ltd (Tata Sons) and certain other shareholders of TCS Ltd (together with Tata Sons, the Selling shareholders). The Fresh Issue and the Offer for Sale are jointly referred to herein as the Offer. 5545260 Equity Shares will be reserved in the Offer for subscription by employees and directors in India of the TCS Division, TCS Ltd and Tata Sons (the Employee Reservation Portion). There will also be a Green Shoe Option of 8317880 Equity Shares of Re. 1 each to be offered by Tata Sons for cash at a price of Rs. 850 per Equity Share aggregating Rs. 707.02 crore. The Offer and the Green Shoe Option aggregate Rs. 5420.49 crore. The Offer will constitute 11.59% of the fully diluted post Offer paid-up capital of TCS Ltd assuming that the Green Shoe Option is not exercised and 13.33% assuming that the Green Shoe Option is exercised in full.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Tata Consultancy Services Ltd IPO

Contact Information

Address

Nirmal Building,
9th Floor Nariman Point,
Mumbai, Maharashtra 400021

Tata Consultancy Services Ltd IPO Lead Manager

DSP Merrill Lynch LtdJ P Morgan India Pvt LtdJM Morgan Stanley Pvt Ltd
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