TCS Marks 20th Anniversary of Its IPO, CEO K Krithivasan Reflects on Milestone Listing

Tata Consultancy Services (TCS), one of India’s most valuable and widely traded stocks, marked 20 years since its listing on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). The company went public in 2004, a significant milestone that attracted substantial interest from both retail and institutional investors.

On Sunday, TCS CEO & MD K Krithivasan shared his reflections on this two-decade journey. “Today marks 20 years since TCS went public with its IPO in 2004. In these two dynamic decades, we have helped our clients navigate many technology cycles, reshaped the global IT industry, built rewarding long-term careers for our colleagues, and created wealth for our investors,” he wrote on LinkedIn.

TCS, a key part of the Tata Group, initially listed its shares on July 29, 2004, with an issue size of Rs 471.3 crore at an offer price of Rs 850 per share. Reflecting on the company’s success, Krithivasan expressed gratitude to TCS employees, clients, and partners, stating, “While we look back with great pride at all that we have achieved together, we remain equally focused on building a stronger future.”

The initial public offering (IPO) was a landmark event in India’s stock market, setting the stage for TCS’s growth into a global IT leader.