EdgeVerve Systems
 |
|
| Public | |
| Traded as | : : INFY : INFY BSE SENSEX Constituent CNX Nifty Constituent |
| Industry | IT services, IT consulting |
| Founded | 7 July 1981 |
| Founder | N. R. Narayana Murthy Nandan Nilekani S. Gopalakrishnan S. D. Shibulal K. Dinesh N. S. Raghavan Ashok Arora |
| Headquarters | Electronic City, Bengaluru, Karnataka, India |
|
Area served
|
Worldwide |
|
Key people
|
UB Pravin Rao (CEO & MD) |
| Services | IT, business consulting and outsourcing services |
| Revenue |
 US$10.208 billion (2017) |
|
US$2.520 billion (2017) |
|
| Profit |
US$2.140 billion (2017) |
| Total assets |
US$12.854 billion (2017) |
| Total equity |
US$10.637 billion (2017) |
|
Number of employees
|
200,364 (March 2017) |
| 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 its headquarters in Bengaluru, India.
Infosys is the second-largest Indian IT services company by 2016 revenues. On January 12, 2017, its market capitalisation was $34.38 Billion.
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$7.50 in 2016) per share against book value of ₹20 (equivalent to ₹100 or US$1.60 in 2016) per share. The Infosys IPO was under subscribed but it was "bailed out" by US investment bank Morgan Stanley which picked up 1 28% 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.
In October 1994, it made a private placement of 5,50,000 shares at ₹450 (equivalent to ₹2,100 or US$32 in 2016) each against book value of ₹10 (equivalent to ₹46 or 72¢ US in 2016) per share to Foreign Institutional Investors (FIIs), Financial Institutions (FIs) and Corporates.
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