![]() Īn initial public offering ( IPO) was floated in February 1993 with an offer price of ₹95 (equivalent to ₹580 or US$7.30 in 2020) per share against a book value of ₹20 (equivalent to ₹120 or US$1.50 in 2020) per share. It was later renamed to Infosys Limited in June 2011. The company changed its name to Infosys Technologies Private Limited in April 1992 and to Infosys Technologies Limited when it became a public limited company in June 1992. In 1983, it relocated its office to Bangalore, Karnataka, India. It was registered as Infosys Consultants Private Limited on 2 July 1981. ![]() Infosys was founded by seven engineers in Pune, Maharashtra, India with an initial capital of $250 in 1981. 8.4 Allegations of financial irregularities.8.3 Displacement of American workers at Southern California Edison and Disney.
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