Using your phone's internet browser
go to:  qna.rediff.com
Click and drag this link to
the Home icon in your browser.
Q.

Dear Sir, I have 15 shares of TCS. I applied in the IPO in July 2004. Due ot some reasons i want to know that on what amount it is lisited in BSE

About: Company: Tata Consultancy Services Ltd.

Asked by VIMAL KUMAWAT, 29 Feb '08 01:04 pm
  Invite a friend  |  
  Save  |  
 Earn 10 points for answering
Answer this question  Earn 10 points for answering    
4000 characters remaining  
  
    
Keep me signed inNew User? Sign up

Answers (2)

1.

Tata Consultancy Ltd's scrip, on Wednesday, listed on the Bombay Stock Exchange and National Stock Exchange. At BSE the first deal was struck at Rs 1076, against the issue price of Rs 850 per share of Re 1 each.

The first deal was contracted at Rs 1076 per share for 50 shares, BSE official said in Mumbai.

TCS' scrip was listed on NSE with the opening price of Rs 850 per share while the listing price was up at Rs 1049.

The difference of Rs 199 is one of the largest ever to occur on the NSE.

TCS scrips touched a high of Rs 1198 and a low of Rs 1020 immediately after the listing.

The book-built issue of the Tata Group company opened for bidding on July 29 and closed on August 5, 2004.

The bidding price band for initial public offering was Rs 775-900 per share.

The IPO comprised 5.55 crore (55.5 million) shares and green shoe option consisted of 83 lakh (8.3 million) shares.

The issue by software major was oversubscribed by about 7.5 times and the offer had recei ...more
Answered by Manish Luthra, 29 Feb '08 01:06 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
2.

It was listed @ around 930-940. Issue price 825. After reaching around 1950-2000. the company has splitted the shares to 1+1........
Answered by pintu, 29 Feb '08 01:06 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received

Ask a Question

Get answers from the community

600 characters remaining

Related Answer

Q.
A

After election result one will change stand...more

Answered by Alok Khatore