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Legendary investor Warren Buffett once said, "Buy it thinking you will hold it forever". This does look like a far-fetched idea at least for return hungry equity investors but who would have
thought that a Bengaluru-based company, which debut on the stock exchanges more than two decades back, would became one of the top 10 blue chips with a market capitalisation of Rs
2.7 lakh crore on the BSE. Infosys was established by NR Narayana Murthy and six engineers in Pune with an initial capital of $250. It made an initial public offer in
February 1993 and its shares were listed on Indian stock exchanges on June 14, 1993. Trading opened with a huge premium of Rs 145 per share, compared to its issue price
of Rs 95 per share. In March 1999, it issued 20,70,000 American depository shares (equivalent to 10,35,000 equity shares of par value Rs 10 each) at $34 per ADS. The same
was listed on the NASDAQ National Market. Since then, Infosys hasn't looked back. From an initial capital of $250, it has grown to become a $10.9 billion (FY 18 revenue) company
with a market capitalisation of about $40 billion. The IT bellwether and its subsidiaries had 204,107 employees as on March 31. Did investors make money in Infosys? Back of the envelope
calculations suggests that if one had invested 10,000 or bought nearly 100 shares of Infosys back in 1993, it would be worth over Rs 2 crore as on June 12. The
management has been generous in granting bonus since its listing. It has offered 1:1 bonus shares in 10 out of 11 years when it declared a bonus issue. In 2005, it
announced a 3:1 bonus issue. It had split the face value of its shares from Rupee 10(ten) to Rupee 5(Five) in 1999(2:1). The share has been quoting on an ex-split basis
thought that a Bengaluru-based company, which debut on the stock exchanges more than two decades back, would became one of the top 10 blue chips with a market capitalisation of Rs
2.7 lakh crore on the BSE. Infosys was established by NR Narayana Murthy and six engineers in Pune with an initial capital of $250. It made an initial public offer in
February 1993 and its shares were listed on Indian stock exchanges on June 14, 1993. Trading opened with a huge premium of Rs 145 per share, compared to its issue price
of Rs 95 per share. In March 1999, it issued 20,70,000 American depository shares (equivalent to 10,35,000 equity shares of par value Rs 10 each) at $34 per ADS. The same
was listed on the NASDAQ National Market. Since then, Infosys hasn't looked back. From an initial capital of $250, it has grown to become a $10.9 billion (FY 18 revenue) company
with a market capitalisation of about $40 billion. The IT bellwether and its subsidiaries had 204,107 employees as on March 31. Did investors make money in Infosys? Back of the envelope
calculations suggests that if one had invested 10,000 or bought nearly 100 shares of Infosys back in 1993, it would be worth over Rs 2 crore as on June 12. The
management has been generous in granting bonus since its listing. It has offered 1:1 bonus shares in 10 out of 11 years when it declared a bonus issue. In 2005, it
announced a 3:1 bonus issue. It had split the face value of its shares from Rupee 10(ten) to Rupee 5(Five) in 1999(2:1). The share has been quoting on an ex-split basis
