25 years of HCLTech IPO: IT main gave over 1300% return since market debut

NEW DELHI: HCLTech marked 25 years on January 18, since its preliminary public providing (IPO) with a celebratory bell-ringing ceremony on the Nationwide Inventory Alternate (NSE) in Mumbai.
The corporate went public on 11 January 2000 and has since grown into one of many largest India-headquartered world IT providers companies, rising as a pacesetter within the IT business.
The occasion was attended by Ashishkumar Chauhan, MD and CEO of NSE, and C Vijayakumar, CEO and managing director of HCLTech.
An funding of Rs 58,000 for 100 shares throughout its IPO is now value roughly Rs 32 lakh (excluding dividends) after 25 years, in line with the corporate. Over this era, shareholders additionally acquired a complete dividend amounting to Rs 4.5 lakh.
Public information revealed that HCLTech delivered returns greater than 1,300 per cent to its shareholders over the previous 25 years. Notably, for the reason that begin of the Covid-19 pandemic, the corporate’s shares have surged by round 200 per cent.
By December 2024, the corporate’s income grew from $166 million in FY1999 to $13.8 billion, reflecting a compound annual development price (CAGR) of 19 per cent. Equally, internet revenue rose from $22 million to $2 billion throughout the identical interval, with a CAGR of 19.4 per cent.
To commemorate the milestone, the corporate introduced a particular dividend of Rs 6 per share, alongside its interim dividend, and famous its spectacular streak of paying dividends for 88 consecutive quarters.
From using fewer than 3,000 folks in 2000, HCLTech now boasts a workforce of over 220,000 workers, representing 167 nationalities and working throughout 60 nations.
“HCLTech has advanced into one of many best world firms out of India with world class company governance, sustainability and social duty at its core as envisioned by our Founder Shiv Nadar.
With our differentiated portfolio and core DNA of engineering and innovation, we’re effectively positioned to proceed bringing collectively the most effective of expertise and our folks to supercharge progress,” mentioned Roshni Nadar Malhotra, chairperson of HCLTech.
The corporate has delivered a complete shareholder return at a CAGR of 20.6 per cent over the previous 25 years, cementing its fame as a powerhouse within the IT providers sector.