TCS IPO highlights

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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