Tata very much

Investors have responded eagerly to the $1.2 billion IPO of TCS in India.
August 08, 2004

Enthusiastic investors have bid Rs400 billion ($8.6 billion) for Tata Consultancy Services' record-breaking IPO. The deal, which is India's largest-ever IPO by a private company, drew 1.3 million bids and was subscribed 7.7 times on an overall basis.

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