Professional Documents
Culture Documents
It
was registered on July 2, 1981 as Infosys Consultants Private Limited. In 1983 it moved to Bangalore,
Karnataka. The company changed its name to Infosys Technologies Private Limited in April 1992 and
to Infosys Technologies Limited in June 1992 when it became a public company. Renamed Infosys
Limited in June 2011. An initial public offering (IPO) was completed in February 1993 with an offering
price of Rs.95 (equivalent to Rs.580 or US$7.30 in 2020) per share with a book value of Rs.20
(equivalent to Rs.120 rupees or US$1.50 in 2020) per share. The IPO was not subscribed but was
"rescued" by US investment bank Morgan Stanley, which acquired a 13% stake at the offer price. Its
shares were listed in June 1993 with an opening at ₹145 (equivalent to ₹890 or US$11 in 2020) per
share. Infosys shares were listed on the Nasdaq exchange in 1999 as American Depository Receipts
(ADRs). it was the first Indian company to be listed on the Nasdaq. At the time, Infosys was one of
the largest companies on the Nasdaq by market capitalization. The ADR listing has changed from
Nasdaq to NYSE Euronext to give European investors better access to the company's shares. On July
28, 2010, then British Prime Minister David Cameron visited Infosys Headquarters in Bangalore and
spoke to Infosys staff. Infosys, Bangalore, $100 million in 1999, $1 billion in 2004, and $10 billion in
2017. In 2012, Infosys announced a new office in Milwaukee, Wisconsin to house Harley-Davidson to
use. Infosys hired 1,200 employees in the United States in 2011 and added 2,000 employees in 2012.
In April 2018, Infosys announced its expansion into Indianapolis, Indiana. In July 2014, Infosys
formed a product subsidiary called Edge Verve Systems, which focuses on enterprise software
products for business operations, customer service, procurement, and trade network domains. In
August 2015, the assets of Finacle Global Banking Solutions were transferred from Infosys and
became part of the product portfolio of, the product company Edge Verve Systems.
INCOME STATEMENTS
https://www.equitymaster.com/stock-research/financial-data/INFY/INFOSYS-Detailed-Share-
Analysis?utm_source=stockquote-
page&utm_medium=website&utm_campaign=rightband&utm_content=factsheet
RATIOS
Debt-Equity Ratio
A high debt-to-equity ratio indicates that a company is borrowing more capital from the market to fund
its operations, while a low debt-to-equity ratio means that the company is utilizing its assets and borrowing less
money from the market. Infosys is having low debt to equity ratio which is good for the industry.
Current Ratio
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those
due within one year. It tells investors and analysts how a company can maximize the current assets on its
balance sheet to satisfy its current debt and other payables. The current ratio has decreased in years which shows
that company have improved its ability to pay the obligations. Infosys is having moderate current ratio
Objectives of study