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TATA CONSULTANCY SVCS IPO RECEIVES BIDS FOR 91.08% OF ISSUE.

Publication: AsiaPulse News

Publication Date: 30-JUL-04
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COPYRIGHT 2004 Asia Pulse Pty Ltd

MUMABI, July 30 Asia Pulse - Tata Consultancy Services' (TCS) initial public offer of 55.4 million equity shares, which opened for bidding on Thursday, has received bids aggregating up to 91.08 per cent of the issue size while the portion of qualified institutional buyers (QIBs) was oversubscribed.

The IPO...

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