Patni Computer Systems Ltd, which concluded its initial public offering earlier, will list its shares on the Bombay Stock Exchange on February 25, 2004.
The IPO comprised of fresh issue of 1.34 crore (13.4 million) shares (of Rs two each) and an offer for sale of 53.24 lakh (5.3 million) shares (of Rs two each), aggregating 1.87 crore shares, Patni Computer Systems general manager (marketing) Deepak Khosla said on Friday.
This constitutes 15 per cent of the fully-diluted post issue paid-up capital of the company, he said.
The company had fixed price of Rs 230 per share for allotting shares to subscribers.
The company's chairman and chief executive officer Narendra Patni had earlier said the IPO would help the company build a brand image and reach the status of tier-I infotech companies in the country.
Patni had recorded Rs 826.4 crore (Rs 8.26 billion) in revenues for the nine-month period ended September 30, 2003, while that of the fiscal 2002 stood at Rs 903.7 crore (Rs 9.03 billion).