Any company participating in an IPO is making a significant move since it opens the door to massivecapital raising. As a result, the company's potential for expansion and growth is increased.Additionally, the enhanced openness and trustworthiness of the share listing may help it get betterterms when looking for borrowed money; whereas the IT sector is crucial to the 21st-centuryknowledge economy, which is technology-driven. India has even gained recognition as a knowledgeeconomy on a global scale because of its excellent IT sector. Comparing the IT industry to agricultureand manufacturing, it is growing far faster. Since IPO being a significant factor to raise funds, theauthors wish to analyze the performance of the major IT companies in India and their performanceafter the issue of such IPO through the help of ratio analysis.
