Kelley Drye Represents Tata Consultancy in Largest Indian Tech IPO
October 3, 2004
Kelley Drye represented Tata Consultancy Services (TCS) as U.S. counsel in the largest technology IPO in India. As reported in The New York Times, Tata Consultancy sold the shares for 850 rupees each (approximately $18.40); the price values the company at approximately $8.8 billion. TCS, which is based in Mumbai, is a unit of the large industrial conglomerate and Kelley Drye client the Tata Group.