Bookbuilding IPO | ₹431 Cr | Listed at BSE, NSE | Tue, Jan 27, 2004 - Thu, Feb 5, 2004

Patni Computer Systems IPO is a book build issue of ₹431.00 crores. The issue is a combination of fresh issue of 1.34 crore shares aggregating to ₹308.55 crores and offer for sale of 0.53 crore shares aggregating to ₹122.45 crores.
Patni Computer Systems IPO bidding started from Jan 27, 2004 and ended on Feb 5, 2004. The shares got listed on NSE and BSE on Feb 25, 2026.
Patni Computer Systems IPO is set final issue price at ₹230 per share.
DSP Asset Managers Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to for detailed Information.
IPO Open
Tue, Jan 27, 2004
IPO Close
Thu, Feb 5, 2004
Issue Price
₹230 per share
Market Cap (Pre-IPO)
₹2,871.23 Cr
| IPO Date | 27 Jan to 5 Feb, 2004 |
| Listed on | Wed, Feb 25, 2026 |
| Face Value | ₹2 per share |
| Price Band | ₹200 to ₹230 |
| Issue Price | ₹230 per share |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 1,87,39,200 shares (agg. up to ₹431 Cr) |
| Fresh Issue | 1,34,15,200 shares (agg. up to ₹309 Cr) |
| Offer for Sale | 53,24,000 shares of ₹2 (agg. up to ₹122 Cr) |
| Share Holding Pre Issue | 11,14,20,849 shares |
| Share Holding Post Issue | 12,48,36,049 shares |
| BSE Script Code / NSE Symbol | 532517 / PATNI |
| ISIN | INE660F01012 |
PATNI COMPUTER SYSTEMS IPO comprises a total issue size of 1,87,24,000 shares. Out of which, 1,12,34,400 (60.00%) are allocated to QIB, 28,08,600 (15.00%) allocated to NII 46,81,000 (25.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue |
|---|---|---|
| QIB Shares Offered | 1,12,34,400 | 60.00% |
| NII (HNI) Shares Offered | 28,08,600 | 15.00% |
| Retail Shares Offered | 46,81,000 | 25.00% |
| Total Shares Offered | 1,87,24,000 | 100.00% |
Established in 1978 by Narendra Patni, Patni Computer Systems Ltd is a pioneering Indian information technology and BPO services provider. It played a foundational role in launching the global IT outsourcing industry and gained historical significance as the company where the founders of Infosys first met.
The firm was among the first to establish an offshore delivery centre in India, laying the groundwork for the country's multi-billion-dollar IT outsourcing sector.
At its peak, it employed over 18,000 people and had 23 international offices across the Americas, Europe, and the Asia-Pacific region.
The company dealt in IT consulting, application development, infrastructure management, packaged software implementation, and Business Process Outsourcing (BPO).
The company had strong vertical expertise in financial services, insurance, healthcare, life sciences, telecom, and manufacturing.
| Period Ended | 30 Sep 2003 | 31 Dec 2002 | 31 Dec 2001 |
|---|---|---|---|
| Assets | 944.77 | 794.33 | 417.11 |
| Total Income | 397.82 | 452.89 | 334.04 |
| Profit After Tax | 119.14 | 162.79 | 110.64 |
| NET Worth | 810.43 | 691.29 | 324.40 |
| Reserves and Surplus | 2.27 | 1.99 | 1.76 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Strategic initiatives, increasing sales, marketing and promotional activities and general corporate purposes | 288.20 |
| 2 | Offer expenses | 20.00 |
| Total | 308.20 |
| KPI | Dec 31, 2002 |
|---|---|
| RoNW | 19.6% |
| Price to Book Value | 3.16 |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 60.8% | 51.3% |
| Market Cap | ₹2,871.23 Cr. |
The Patni Computer Systems IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 21.57 | 1,87,24,000 | 40,37,83,198 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead management, underwriting and selling commission | 13.00 |
| 2 | Advertising budget | 3.00 |
| 3 | Printing and stationery | 3.00 |
| 4 | Others (Registrars fee, legal fee, listing fee, etc.) | 1.00 |
| Total | 20.00 |
| Price Details |
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| Final Issue Price |
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Lead Manager Reports
Patni Computer Systems IPO is a main-board IPO of 1,87,39,200 equity shares of the face value of ₹2 aggregating up to ₹431 Crores. The issue is priced at ₹230 per share. The minimum order quantity is .
The IPO opens on Tue, Jan 27, 2004, and closes on Thu, Feb 5, 2004.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Patni Computer Systems IPO using UPI as a payment gateway. Zerodha customers can apply in Patni Computer Systems IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Patni Computer Systems IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Patni Computer Systems IPO opens on Tue, Jan 27, 2004 and closes on Thu, Feb 5, 2004.
Patni Computer Systems IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Patni Computer Systems IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Patni Computer Systems IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Patni Computer Systems IPO allotment status.
The Patni Computer Systems IPO listing date is on Mon, May 25, 2026.