Sr No Items Quantity Rate Total
1 Storm 3 550 1650
2 Atom 5 600 300
3 Disc 6 400 2400
Sr No Items Quantity Rate Total
1 Storm 3 550 1650
2 Atom 5 600 300
3 Disc 6 400 2400
Sr No Items Quantity Rate Total
1 Storm 3 550 1650
2 Atom 5 600 300
3 Disc 6 400 2400
Sr No Items Quantity Rate Total
1 Storm 3 550 1650
2 Atom 5 600 300
3 Disc 6 400 2400
Sr No Items Quantity Rate Total
1 Storm 3 550 1650
2 Atom 5 600 300
3 Disc 6 400 2400
Sr No Items Quantity Rate Total
1 Storm 3 550 1650
2 Atom 5 600 300
3 Disc 6 400 2400
Infosys Limited is an Indian multinational information technology company that
provides business consulting, information technology and outsourcing services. The company
was founded in Pune and is headquartered in Bangalore.[5] Infosys is the second-largest Indian IT
company after Tata Consultancy Services by 2020 revenue figures and the 602nd largest public
company in the world according to Forbes Global 2000 ranking.[6] On 31 December 2020,
its market capitalisation was $71.92 billion.[7] The credit rating of the company is A− (rating
by Standard & Poor's).[8]
Contents
1History
2Products and services
3Geographical presence
4Acquisitions
5Listing and shareholding pattern
6Employees
6.1Training centre in Mysore
6.2CEOs
7Awards and recognition
8Controversies
9See also
10References
11External links
History[edit]
Infosys was founded by seven engineers in Pune, Maharashtra, India with an initial capital of
$250 in 1981.[9] It was registered as Infosys Consultants Private Limited on 2 July 1981.[10] In
1983, it relocated its office to Bangalore, Karnataka, India.
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.[11]
An initial public offering (IPO) was floated in February 1993 with an offer price of ₹95 (equivalent
to ₹550 or US$7.80 in 2019) per share against a book value of ₹20 (equivalent to ₹120 or
US$1.60 in 2019) per share. The IPO was undersubscribed but it was "bailed out" by US
investment bank Morgan Stanley, which picked up a 13% equity stake at the offer price.[12] Its
shares were listed in June 1993 with trading opening at ₹145 (equivalent to ₹850 or US$12 in
2019) per share.[13]
Its shares were listed on the Nasdaq stock exchange in 1999 as American depositary receipts.
The share price surged to ₹8,100 (equivalent to ₹28,000 or US$390 in 2019) by 1999 making it
the costliest share on the market at the time. At that time, Infosys was among the 20 biggest
companies by market capitalization on the NASDAQ.[12] The ADR listing was shifted from
NASDAQ to NYSE Euronext to give European investors better access to the company's shares.
[14]
Infosys, Bangalore
Its annual revenue reached US$100 million in 1999, US$1 billion in 2004 and US$10 billion in
2017.[10]
In 2012, Infosys announced a new office in Milwaukee, Wisconsin, to serve Harley-Davidson,
being the 18th international office in the United States.[15][16] Infosys hired 1,200 United States
employees in 2011, and expanded the workforce by an additional 2,000 employees in 2012.[16] In
April 2018 Infosys announced expanding in Indianapolis, Indiana. The development will include
more than 120 acres and is expected to result in 3,000 new jobs—1,000 more than previously
announced.
In July 2014, Infosys started a product subsidiary called EdgeVerve Systems, focusing on
enterprise software products for business operations, customer service, procurement and
commerce network domains.[17] In August 2015, the Finacle Global Banking Solutions assets
were officially transferred from Infosys and became part of the product company EdgeVerve
Systems product portfolio.[18]
Products and services[edit]
Infosys provides software development, maintenance and independent validation services to
companies in finance, insurance, manufacturing and other domains.[19]
One of its known products is Finacle which is a universal banking solution with various modules
for retail and corporate banking.[20]
Glass building in Pune campus
Its key products and services are:
NIA – Next Generation Integrated AI Platform (formerly known as Mana)
Infosys Consulting – a global management consulting service
Infosys Information Platform (IIP) – Analytics platform
EdgeVerve Systems which includes Finacle, a global banking platform
Panaya Cloud Suite
Skava
Engineering Services[21]
Digital Marketing[22]
Geographical presence[edit]
Infosys has 82 sales and marketing offices and 123 development centres across the world as of
31 March 2018, with major presence in India, United States, China, Australia, Japan, Middle East
and Europe.[23][24]
In 2019, 60%, 24%, and 3% of its revenues were derived from projects in North America,
Europe, and India, respectively. The remaining 13% of revenues were derived from the rest of
the world.[25]
Acquisitions[edit]
Name of the
Acquisition Acquisition The business of an
acquired Based in
cost date acquired company
company
Expert Information
Australia US$23 million Dec 2003[26][27] IT service provider
Services
McCamish Insurance and financial
USA US$38 million Dec 2009[28]
Systems services
Strategic sourcing and
Portland Group Australia AUD 37 million Jan 2012[29][30]
category management
Lodestone Holding Management
Switzerland US$345 million Sep 2012[31]
AG consultancy
Panaya Israel US$200 million Mar 2015[32][33] Automation technology
Digital experience
Skava USA US$120 million Apr 2015[34][35]
solutions
Information
Noah-Consulting USA US$70 million Nov 2015[36] management
consulting services
Undisclosed
Skytree USA Apr 2017[37] Machine learning
amount
Product design and
Brilliant Basics UK GBP 7.5 million Aug 2017[38]
customer experience
Salesforce advisor and
Fluido Oy Finland EUR 65 million Oct 2018[39]
consulting partner
Advertising and
WongDoody USA US$75 million Jan 2019[40] creative strategy
services
Netherland EUR 127.5
Stater N.V. Apr 2019[41] Mortgage services
s million
Simplus USA-AU TBD Feb 2020[42] Salesforce Partner
Kaleidoscope USA US$42 million Sep 2020[43] Product design and
development
GuideVision Czechia EUR 30 million Oct 2020[44] ServiceNow partner
Listing and shareholding pattern[edit]
Main block in Chennai campus
In India, shares of Infosys are listed on the BSE where it is a part of the BSE SENSEX and
the NSE where it is a NIFTY 50 Constituent.[45] Its shares are listed by way of American
depositary receipts (ADRs) at the New York Stock Exchange.[46]
Over a period of time, the shareholding of its promoters has gradually reduced, starting from
June 1993 when its shares were first listed. The promoters' holdings reduced further when
Infosys became the first Indian-registered company to list Employees Stock Options Schemes
and ADRs on NASDAQ on 11 March 1999.[47] The promoter holding on 31 March 2002 was
28.72%[48] and at 30 June 2017 it dropped to 12.75% as they gradually sold their shares and
reduced involvement in active management of the company.[49]
A building in Thiruvananthapuram campus
Shareholders (as of 30 June 2017)[50][51] Shareholding
Promoters group 12.75%
Foreign institutional investors (FII) 37.47%
ADR 16.70%
Individual shareholders 09.83%
Banks, financial institutions and insurance
11.24%
companies
Mutual funds 08.97%
Others 03.04%
Total 100.00%
Employees[edit]
Infosys had a total of 243,454 employees at the end of December 2019, out of which 37.8% were
women.[25] Out of its total workforce, 229,658 are software professionals and remaining 13,796
work for support and sales.[25] In 2016, 89% of its employees were based in India.[52]
During the financial year 2019, Infosys received 2,333,420 applications from prospective
employees, interviewed 180,225 candidates and had a gross addition of 94,324 employees, a
4% hiring rate. These numbers do not include its subsidiaries.[52]
The attrition rate of Infosys Ltd., including its subsidiaries, for the financial year 2019 was 21.5%.
[52]
Infosys Limited is an Indian multinational information technology company that provides business
consulting, information technology and outsourcing services. The company was founded in Pune and
is headquartered in Bangalore.[5] Infosys is the second-largest Indian IT company after Tata
Consultancy Services by 2020 revenue figures and the 602nd largest public company in the world
according to Forbes Global 2000 ranking.[6] On 31 December 2020, its market capitalisation was
$71.92 billion.[7] The credit rating of the company is A− (rating by Standard & Poor's).[8]
Contents
1 History
2 Products and services
3 Geographical presence
4 Acquisitions
5 Listing and shareholding pattern
6 Employees
6.1 Training centre in Mysore
6.2 CEOs
7 Awards and recognition
8 Controversies
9 See also
10 References
11 External links
History
Infosys was founded by seven engineers in Pune, Maharashtra, India with an initial capital of $250 in
1981.[9] It was registered as Infosys Consultants Private Limited on 2 July 1981.[10] In 1983, it
relocated its office to Bangalore, Karnataka, India.
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.[11]
An initial public offering (IPO) was floated in February 1993 with an offer price of ₹95 (equivalent to
₹550 or US$7.80 in 2019) per share against a book value of ₹20 (equivalent to ₹120 or US$1.60 in
2019) per share. The IPO was undersubscribed but it was "bailed out" by US investment bank
Morgan Stanley, which picked up a 13% equity stake at the offer price.[12] Its shares were listed in
June 1993 with trading opening at ₹145 (equivalent to ₹850 or US$12 in 2019) per share.[13]
Its shares were listed on the Nasdaq stock exchange in 1999 as American depositary receipts. The
share price surged to ₹8,100 (equivalent to ₹28,000 or US$390 in 2019) by 1999 making it the
costliest share on the market at the time. At that time, Infosys was among the 20 biggest companies
by market capitalization on the NASDAQ.[12] The ADR listing was shifted from NASDAQ to NYSE
Euronext to give European investors better access to the company's shares.[14]
Infosys, Bangalore
Its annual revenue reached US$100 million in 1999, US$1 billion in 2004 and US$10 billion in 2017.
[10]
In 2012, Infosys announced a new office in Milwaukee, Wisconsin, to serve Harley-Davidson, being
the 18th international office in the United States.[15][16] Infosys hired 1,200 United States
employees in 2011, and expanded the workforce by an additional 2,000 employees in 2012.[16] In
April 2018 Infosys announced expanding in Indianapolis, Indiana. The development will include more
than 120 acres and is expected to result in 3,000 new jobs—1,000 more than previously announced.
In July 2014, Infosys started a product subsidiary called EdgeVerve Systems, focusing on enterprise
software products for business operations, customer service, procurement and commerce network
domains.[17] In August 2015, the Finacle Global Banking Solutions assets were officially transferred
from Infosys and became part of the product company EdgeVerve Systems product portfolio.[18]
Products and services
Infosys provides software development, maintenance and independent validation services to
companies in finance, insurance, manufacturing and other domains.[19]
One of its known products is Finacle which is a universal banking solution with various modules for
retail and corporate banking.[20]
Glass building in Pune campus
Its key products and services are:
NIA – Next Generation Integrated AI Platform (formerly known as Mana)
Infosys Consulting – a global management consulting service
Infosys Information Platform (IIP) – Analytics platform
EdgeVerve Systems which includes Finacle, a global banking platform
Panaya Cloud Suite
Skava
Engineering Services[21]
Digital Marketing[22]
Geographical presence
Infosys has 82 sales and marketing offices and 123 development centres across the world as of 31
March 2018, with major presence in India, United States, China, Australia, Japan, Middle East and
Europe.[23][24]
In 2019, 60%, 24%, and 3% of its revenues were derived from projects in North America, Europe, and
India, respectively. The remaining 13% of revenues were derived from the rest of the world.[25]
Acquisitions
Name of the acquired company Based in Acquisition cost Acquisition date The
business of an acquired company
Expert Information Services Australia US$23 million Dec 2003[26][27] IT service
provider
McCamish Systems USA US$38 million Dec 2009[28] Insurance and financial services
Portland Group Australia AUD 37 million Jan 2012[29][30] Strategic sourcing and
category management
Lodestone Holding AG Switzerland US$345 million Sep 2012[31] Management consultancy
Panaya Israel US$200 million Mar 2015[32][33] Automation technology
Skava USA US$120 million Apr 2015[34][35] Digital experience solutions
Noah-Consulting USA US$70 million Nov 2015[36] Information management
consulting services
Skytree USA Undisclosed amount Apr 2017[37] Machine learning
Brilliant Basics UK GBP 7.5 million Aug 2017[38] Product design and customer experience
Fluido Oy Finland EUR 65 million Oct 2018[39] Salesforce advisor and consulting partner
WongDoody USA US$75 million Jan 2019[40] Advertising and creative strategy services
Stater N.V. Netherlands EUR 127.5 million Apr 2019[41] Mortgage services
Simplus USA-AUTBD Feb 2020[42] Salesforce Partner
Kaleidoscope USA US$42 million Sep 2020[43] Product design and development
GuideVision Czechia EUR 30 million Oct 2020[44] ServiceNow partner
Listing and shareholding pattern
Main block in Chennai campus
In India, shares of Infosys are listed on the BSE where it is a part of the BSE SENSEX and the NSE
where it is a NIFTY 50 Constituent.[45] Its shares are listed by way of American depositary receipts
(ADRs) at the New York Stock Exchange.[46]
Over a period of time, the shareholding of its promoters has gradually reduced, starting from June
1993 when its shares were first listed. The promoters' holdings reduced further when Infosys
became the first Indian-registered company to list Employees Stock Options Schemes and ADRs on
NASDAQ on 11 March 1999.[47] The promoter holding on 31 March 2002 was 28.72%[48] and at 30
June 2017 it dropped to 12.75% as they gradually sold their shares and reduced involvement in
active management of the company.[49]
A building in Thiruvananthapuram campus
Shareholders (as of 30 June 2017)[50][51] Shareholding
Promoters group 12.75%
Foreign institutional investors (FII) 37.47%
ADR 16.70%
Individual shareholders 09.83%
Banks, financial institutions and insurance companies 11.24%
Mutual funds 08.97%
Others 03.04%
Total 100.00%
Employees
Infosys had a total of 243,454 employees at the end of December 2019, out of which 37.8% were
women.[25] Out of its total workforce, 229,658 are software professionals and remaining 13,796
work for support and sales.[25] In 2016, 89% of its employees were based in India.[52]
During the financial year 2019, Infosys received 2,333,420 applications from prospective employees,
interviewed 180,225 candidates and had a gross addition of 94,324 employees, a 4% hiring rate.
These numbers do not include its subsidiaries.[52]
The attrition rate of Infosys Ltd., including its subsidiaries, for the financial year 2019 was 21.5%.[52]
