Winning Business Desk
Mumbai. The company has 2.92 lakh employees. It has a revenue of around Rs 1 lakh crore and a market cap of around Rs 8 lakh crore. Infosys is today the second largest IT company in India. Do you know that Infosys receives more than 20 lakh job applications every year. So much so that 95% of the cities of India do not even have a population. There are many interesting facts about Infosys, which may surprise you. Here are few interesting stories that all should know
* First Indian IT company to be listed on NASDAQ
By 1999, the revenue of Infosys had reached $100 million. In the same year, the company became the first IT company in India to be listed on the NASDAQ. NASDAQ is an American stock market. At that time, Infosys was also among the 20 largest market cap companies on the NASDAQ.
* Took a loan of 10 thousand rupees from wife
In 1981, Narayana Murthy decided to start the company, but did not have the capital. His wife gave 10 thousand rupees from her savings. With this small amount, Murthy started a company in Pune and named it Infosys Consultants. The first office of the company was a room in Narayan Murthy's house. The registered office of the company was Raghavan's house.
* All founders used to work in the same company
Infosys was started together by Narayan Murthy and his 6 engineer friends. These 6 friends were Nandan Nilekani, SD Shibulal, Kris Gopalakrishnan, Ashok Arora, NS Raghavan and K Dinesh. The amazing thing is that all these people were employees of Patni Computer Systems. Resigning from the job, they decided to start Infosys.
* Narayan Murthy was not the first employee of Infosys
It is generally believed that when the company was started by Narayana Murthy, he would also be its first employee. Murthy is not the first, second, third but the fourth employee. In fact, even after the company was started, Murthy was associated with Patni Computers Systems for almost a year. He joined Infosys only after finishing the remaining work there.
* It did not have a computer for 2 years
Infosys started as an IT company, but you will be surprised to know that for the first two years, the company did not have any computers. In 1983, Murthy bought the first computer.
* Infosys was on the verge of closure
In 1989, just 8 years after its inception, the company came to the verge of closure. In fact, Infosys' agreement with American partner Kurt Salmon Associates did not work. At the same time, one of the company's co-founders, Ashok Arora also left the company. Others were also disappointed. Here Narayana Murthy took command. He told other people- If you all also want to go, then go. I will fight here till the end. All the partners decided to remain in the company and then the company never looked back.
* The price of IPO of 10 thousand today is Rs 18 crore
In 1993, Infosys decided to enter the stock market. You would be surprised to know that today's IPO of IT giant Infosys was under-subscribed by 13%. At that time the price of one share of Infosys was Rs 95. Whoever bought 100 shares worth Rs 9,500 has become a millionaire today. 100 Shares Today including Bonus and Splits, have become 1,02,400 shares. According to the current share price, his value today is around Rs 18 crore.