Infosys, which recently turned 40, went public in the year 1993 with an offer price of ₹ 95 per share. The IPO was undersubscribed but it was ‘balled out’ by the US investment bank Morgan Stanley which bought 13 percent stake at the offer price.
Infosys, which recently turned 40, went public in the year 1993 with an offer price of ₹ 95 per share. The IPO was undersubscribed but it was ‘balled out’ by the US investment bank Morgan Stanley which bought 13 percent stake at the offer price.
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Published on 01, Jan 2023