Patni Computer lists on the NYSE

India''s sixth largest IT services company becomes the first Indian issuer to list on the NYSE since 2001.

Jackie Horne

December 09, 2005

Patni Computer Systems raised $140 million on Wednesday night (December 7) via an ADR deal led by ABN AMRO Rothschild, Goldman Sachs and Merrill Lynch. The 6.875 unit issue was priced at $20.34 per unit, which represented parity to the group's Rs469.55 closing share price on India's National Stock Exchange earlier the same day.

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