In August 2004—36 years after it was founded—India’s IT services pioneer TCS listed on the Indian stock exchanges. TCS CEO and Managing Director S Ramadorai also had to do things he wasn’t quite used to: Interact with the media. At the 2021 annual general meeting, TCS Chairman N Chandrasekaran let on that one share at the IPO issue price of ₹850 was now worth ₹28,000—a return of over 3,000 percent. The Forbes India cover story this fortnight, ‘Life After IPO’, captures the challenges of recently-IPOed entities. (This story appears in the 27 January, 2023 issue of Forbes India.

Source: Forbes January 16, 2023 05:35 UTC