At a Glance
- Legal name
- Infosys Limited
- Registry number
- L85110KA1981PLC013115 · verify
- Jurisdiction
- India
- Ownership
- public
- Listed on
- NSE / BSE / NYSE (NSE:INFY / NYSE:INFY)
- Employees
- 1000+
- Revenue (est.)
- $1B+
- Headquarters
- Electronics City, Hosur Road, Bangalore 560100, Karnataka, India
Infosys Limited is a global leader in next-generation digital services and consulting, headquartered at its 80-acre Electronics City campus in Bangalore. Founded in 1981 by N. R.
Infosys Limited is a global leader in next-generation digital services and consulting, headquartered at its 80-acre Electronics City campus in Bangalore. Founded in 1981 by N. R. Narayana Murthy and six co-founders with an initial capital of US$250, Infosys has grown into one of India's largest IT services companies, serving enterprise clients across more than 50 countries.
Infosys was the first Indian company to list on NASDAQ in 1999 (it has since moved its US listing to NYSE) and remains a core constituent of the Nifty 50 and BSE Sensex indices. Its service lines span application development and maintenance, cloud infrastructure, data analytics, AI platforms (Topaz), banking software (Finacle), and enterprise consulting through its Infosys Consulting arm.
The company operates under a classic India-domiciled public-company structure: Infosys Limited is registered with the Ministry of Corporate Affairs in Karnataka, listed on NSE and BSE in Mumbai, and cross-listed on NYSE via American Depositary Shares. Its founders famously established one of India's earliest examples of clean, rule-based corporate governance, and the company's structure has since become a reference template for Indian public-market listings.
- 1
Offshore parent structure
Infosys is the canonical example of an Indian-domiciled, Indian-listed technology company that achieved global scale without ever adopting a Cayman or Singapore holding structure. Three structural decisions are worth studying.
- 2
Capital markets path
**1. India-domiciled from day one.** Unlike the later generation of Indian startups (Flipkart, Ola, Razorpay, PhonePe) that incorporated parents in Singapore or Delaware to attract foreign VC, Infosys was incorporated as a private limited company in Pune in 1981 and re-registered in Karnataka in 1983. When it IPO'd in India in 1993 and on NASDAQ in 1999, the listed entity was and remained Infosys Limited, an Indian public company under the Companies Act. This meant the founders had to navigate FEMA, RBI approvals, and SEBI disclosure from the start - harder, but it produced a cleaner structure for the Indian public markets.
- 3
German entity type
**2. ADR cross-listing instead of a dual topco.** Rather than flipping the parent offshore for its US listing, Infosys issued American Depositary Shares against underlying Indian equity, with JPMorgan Chase as depositary. Each ADS represents one equity share. This structure lets US investors trade on NYSE while the economic security remains Indian-domiciled. SEBI listing rules now effectively require this approach for Indian-origin listings - offshoring the parent is no longer a realistic path to the Indian public market.
- 4
Estonia e-Residency play
**3. Founder-led governance, institution-built board.** Infosys pioneered the independent-director-heavy board structure, quarterly earnings calls in English with US-GAAP reconciliations, and an ESOP programme that created hundreds of employee millionaires. The founders transitioned control to professional management across two generations (Vishal Sikka, Salil Parekh) without a succession crisis.
Key People
Nandan Nilekani
Founder
From Wikidata
N. R. Narayana Murthy
Founder
From Wikidata
Kris Gopalakrishnan
Founder
From Wikidata
N. S. Raghavan
Founder
From Wikidata
S. D. Shibulal
Founder
From Wikidata
Salil Parekh
CEO
From Wikidata
Corporate Timeline
- Jul 1981Incorporation
Infosys founded
Founded in 1981 by Nandan Nilekani, N. R. Narayana Murthy, and Kris Gopalakrishnan.
Replicate Infosys's structure in 4 steps
The formation playbook, distilled from how this company was actually set up.
Incorporate a Private Limited Company under the Companies
Incorporate a Private Limited Company under the Companies Act 2013 via the MCA's SPICe+ portal. Required: minimum two directors (one Indian-resident), two shareholders, a registered office in India, and digital signatures for all directors.
Estonia e-Residency play
SPICe+ bundles PAN, TAN, GST, EPFO, ESIC, and bank account opening. End-to-end incorporation typically takes 7-15 working days; government fees are modest (INR 1,000-5,000 range for standard authorised capital).
Estonia e-Residency play
Raise Indian VC or foreign VC (with RBI/FEMA-compliant FDI) directly into the Pvt Ltd. Foreign investors hold equity through the automatic route for most IT sectors.
Capital markets path
Convert to a Public Limited Company under Section 14 of the Companies Act once you are IPO-ready. File a DRHP with SEBI and list on NSE and/or BSE.
Comparable Companies
Recent News & Filings
- Infosys stock falls nearly 7% after Q4, hits 5-year low; weak guidance, mixed brokerage views weigh - Moneycontrol.comMoneycontrol.com · 24 Apr 2026
- Infosys shares end 7% lower after Q4 results in worst week since 2020 on downgrades, target cuts - CNBC TV18CNBC TV18 · 24 Apr 2026
- Infosys Reports Q4 2026 Results: Full Earnings Call Transcript - BenzingaBenzinga · 24 Apr 2026
- Infosys Shares Extend Fall After Weak Q4; Trade Near 2020 Levels: Should You Buy, Sell Or Hold? - NDTV ProfitNDTV Profit · 24 Apr 2026
- Guggenheim reiterates Neutral on Infosys stock amid AI concerns - Investing.comInvesting.com · 24 Apr 2026
Frequently Asked Questions
Is Infosys an Indian company or a US company?
Infosys Limited is an Indian public company incorporated in Karnataka and headquartered in Bangalore. It is listed on NSE and BSE in India and cross-listed on NYSE via ADRs, but the parent entity is Indian-domiciled and regulated by the Ministry of Corporate Affairs, SEBI, and RBI.
Why did Infosys not set up a Singapore or Delaware parent?
Infosys was founded in 1981, well before the offshoring-for-VC template emerged in the 2010s. It built from cash flow rather than venture capital, and its 1993 Indian IPO established an Indian-domiciled structure that still works today. SEBI listing rules now effectively require Indian-domiciled parents for Indian public listings.
What is SPICe+?
SPICe+ is the MCA's integrated company incorporation portal. It combines company registration with PAN, TAN, GST, EPFO, ESIC, and bank-account opening into a single online workflow, reducing India company formation from months to roughly 7-15 working days.
How does an ADR differ from a direct US listing?
An American Depositary Receipt is a US security issued by a depositary bank that represents underlying shares in a non-US company. It lets US investors trade in USD on NYSE or NASDAQ while the underlying shares remain in their home market. Infosys ADRs trade on NYSE under INFY.
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