Tata Consultancy Services Ltd IPO

Closed

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

    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 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

    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

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

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

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

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Frequently Asked Questions

An Initial Public Offering OR IPO is the process of issuing stock for sale for the first time by a private corporation to the public. A company can issue its stock for sale for the first time to raise money by issuing either debt or equity. In case, the company chooses the equity route, the first such offering of equity shares to the public via listing of the shares in the stock markets is called an IPO.

 

This is one of the processes that has to do with the pricing of the IPO. An IPO can be made either through book building method, the fixed price method or a combination of both.

While in book building the price at which securities will be offered/allotted is not known in advance to the investor (investor is aware of an indicative price range only), in the fixed price process price at which the securities are offered/allotted is known in advance to the investor.

When it comes to an IPO, there are 4 types of investors who can bid, as per SEBI guidelines. They are –

  1. Qualified institutional investors (QIIs)
  2. Anchor investors
  3. Retail investors and
  4. High net-worth individuals (HNIs)/Non-institutional investors (NII).

 

IPO subscription period is the period of time during which investors can promise to purchase shares of a security to be issued as initial public offering (IPO).

Check: IPO Application Process

For details about the new IPO application process, click here.

To apply in an IPO with 5paisa:

  • Login to the 5paisa website or mobile trading app
  • Go to the Current IPOs section
  • Select the IPO you wish to apply for
  • Enter IPO details like price, quantity (lots) and your UPI ID
  • Check details and Confirm
  • Approve the UPI notification received on your phone (in BHIM App or your net banking app)

A Red Herring Prospectus, or offer document, is filed by a company to SEBI. This document is very useful to as it provides detailed information about the company’s business operations, financials, promoters and the company’s objective for raising funds.

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

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