Tata Consultancy Services (TCS) is one of the largest global IT services companies,

headquartered in Mumbai, India. Here are some important facts about TCS:

History and Ownership: TCS was founded in 1968 as a division of Tata Sons Limited, one of
India's largest business conglomerates. Today, TCS is a publicly traded company listed on the
Bombay Stock Exchange and National Stock Exchange of India.

Global Presence: TCS operates in more than 50 countries worldwide, with more than 469,000
employees as of 2021. It is one of the largest employers in the IT industry.

Revenue and Market Capitalization: TCS is one of the largest IT services companies in the
world, with a market capitalization of over $200 billion as of February 2023. It generated
revenue of $26.5 billion in the fiscal year 2020-21.

Services Offered: TCS provides a range of IT services, including consulting, digital solutions,
infrastructure services, engineering services, and business process services. The company
serves clients across various industries, including banking, finance, healthcare, retail, and
manufacturing.

Awards and Recognition: TCS has received numerous awards and recognition for its
performance and innovative solutions. In 2021, TCS was ranked as the third most valuable IT
services brand in the world by Brand Finance. It has also been recognized as a Top Employer
in several countries.

Corporate Social Responsibility: TCS has a strong commitment to corporate social

responsibility, with a focus on education, environmental sustainability, and community
development. The company runs several initiatives, including the TCS iON Digital Learning
Hub and the TCS World 10K marathon.

IPO facts related to TCS

Tata Consultancy Services (TCS) had its initial public offering (IPO) in 2004, which was one
of the largest IPOs in the Indian stock market at the time. Here are some facts related to
TCS's IPO:

Date of IPO: TCS's IPO was launched on July 29, 2004, and closed on August 5, 2004.

Issue Price: The issue price for TCS's IPO was set at Rs. 850 per share.
Fundraising: TCS raised approximately Rs. 5,420 crore ($1.2 billion) through its IPO, making
it one of the largest IPOs in the Indian stock market at the time.

Oversubscription: TCS's IPO was oversubscribed by more than 170 times, with demand from
institutional investors and retail investors.

Market Capitalization: Following its IPO, TCS had a market capitalization of approximately
Rs. 48,000 crore ($10.4 billion) at the time.

Shareholding Pattern: Following the IPO, Tata Sons remained the majority shareholder of
TCS, with a 80.38% stake in the company. The remaining shares were held by institutional
investors and retail investors.

Performance: TCS's IPO has been considered a success, as the company's shares have
performed well in the stock market since its listing. As of February 2023, TCS has a market
capitalization of over $200 billion and is one of the most valuable companies in the Indian
stock market.

Unknown facts related to TCS

Here are some lesser-known or interesting facts about Tata Consultancy Services (TCS):

Founding of TCS: TCS was founded in 1968 by Tata Sons, a major Indian business
conglomerate, to provide IT services to other Tata Group companies. Its first contract was
with Burroughs Corporation (now part of Unisys), a US-based computer manufacturer.

First Indian company to reach $100 billion market cap: In 2018, TCS became the first Indian
company to achieve a market capitalization of over $100 billion, which made it one of the
most valuable companies in Asia.

Digital Reimagination Studio: TCS has a Digital Reimagination Studio in Silicon Valley,
which brings together technology experts, innovators, and entrepreneurs to develop new
digital solutions and platforms.

Guinness World Record for largest computer programming lesson: TCS organized the largest
computer programming lesson in the world on December 11, 2017, in which 10,507 students
from 23 states in India participated. The event was recognized by the Guinness World
Records.
TCS BaNCS platform: TCS BaNCS is a comprehensive digital banking solution platform
developed by TCS, which is used by banks and financial institutions worldwide. It offers a
range of services, including core banking, payments, and wealth management.

TCS iON platform: TCS iON is a cloud-based digital learning and assessment platform
developed by TCS. It provides customized educational content and assessments to students,
teachers, and educational institutions.

Sustainability initiatives: TCS has a strong commitment to sustainability, and has

implemented several initiatives to reduce its carbon footprint and promote environmental
sustainability. These include green IT solutions, renewable energy sources, and responsible
waste management practices.