Infosys
 |
|
| Public | |
| Traded as | : : INFY : INFY BSE SENSEX Constituent CNX Nifty Constituent |
| Industry | IT services, IT consulting |
| Founded | 7 July 1981 |
| Founder |
|
| Headquarters | Electronic City, Bengaluru, Karnataka, India |
|
Area served
|
Worldwide |
|
Key people
|
Vishal Sikka (CEO & MD) |
| Services | IT, business consulting and outsourcing services |
| Revenue |
 US$10.1 billion (2016) |
|
US$2.375 billion (2016) |
|
| Profit |
US$2.052 billion (2016) |
| Total assets |
US$11.378 billion (2016) |
| Total equity |
US$9.324 billion (2016) |
|
Number of employees
|
199,829 (September 2016) |
| Divisions |
Infosys BPO Limited Lodestone Management Consultants EdgeVerve Systems |
| Website | www |
Infosys Limited (formerly Infosys Technologies Limited) is an Indian multinational corporation that provides business consulting, information technology and outsourcing services. It has the main headquarter in Bengaluru, India.
Infosys is the second-largest Indian IT services company by 2016 revenues, and the largest employer of H-1B visa professionals in the United States. On January 12, 2017, its market capitalisation was $34.38 Billion.
Co-founded in 1981 by 7 Engineers N. R. Narayana Murthy, Nandan Nilekani, N. S. Raghavan, S. Gopalakrishnan, S. D. Shibulal, K. Dinesh and Ashok Arora after they resigned from Patni Computer Systems. The company was incorporated as "Infosys Consultants Pvt Ltd." with a capital of ₹10,000 or US$250 (equivalent to about $659 in 2016) in Model Colony, Pune as the registered office. It signed its first client, Data Basics Corporation, in New York City. In 1983, the company's corporate headquarters was relocated from Pune to Bengaluru.
Name Change: The Company changed its name to "Infosys Technologies Private Limited" in April 1992 and to "Infosys Technologies Limited" when it became a public limited company in June 1992. It was later renamed to "Infosys Limited" in June 2011.
An initial public offer (IPO) in February 1993 with an offer price of ₹95 (equivalent to ₹480 or US$7.20 in 2016) per share against book value of ₹20 (equivalent to ₹100 or US$1.50 in 2016) per share. The Infosys IPO was under subscribed but it was "bailed out" by US investment bank Morgan Stanley which picked up 13% of equity at the offer price. Its shares were listed in stock exchanges in June 1993 with trading opening at ₹145 (equivalent to ₹740 or US$11 in 2016) per share.
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Wikipedia