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Open
27 Jan to 5 Feb, 2004
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Close
27 Jan to 5 Feb, 2004
3
Allotment
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Listing
Wed, Feb 25, 2004
Price Band
₹200 to ₹230
Issue Size
1,87,39,200 shares (agg. up to ₹431 Cr)
Listing Date
Wed, Feb 25, 2004
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 21.57x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2003 | 31 Dec 2002 | 31 Dec 2001 |
|---|---|---|---|
| Assets | 944.77 | 794.33 | 417.11 |
| Total Income | 397.82 | 452.89 | 334.04 |
| Profit After Tax | 119.14 | 162.79 | 110.64 |
| NET Worth | 810.43 | 691.29 | 324.40 |
| Reserves and Surplus | 2.27 | 1.99 | 1.76 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Strategic initiatives, increasing sales, marketing and promotional activities and general corporate purposes | 288.20 |
| 2 | Offer expenses | 20.00 |
| Total | 308.20 |
About Patni Computer Systems IPO
Established in 1978 by Narendra Patni, Patni Computer Systems Ltd is a pioneering Indian information technology and BPO services provider. It played a foundational role in launching the global IT outsourcing industry and gained historical significance as the company where the founders of Infosys first met. The firm was among the first to establish an offshore delivery centre in India, laying the groundwork for the country's multi-billion-dollar IT outsourcing sector. At its peak, it employed over 18,000 people and had 23 international offices across the Americas, Europe, and the Asia-Pacific region. The company dealt in IT consulting, application development, infrastructure management, packaged software implementation, and Business Process Outsourcing (BPO). The company had strong vertical expertise in financial services, insurance, healthcare, life sciences, telecom, and manufacturing.+ Read More
Contact Details
Patni Computer Systems Ltd. AddressS-1A, Irani Market CompoundYerawadaPune, Maharashtra, 411006+91206693457patniipo@patni.comVisit Website