The much-awaited initial public offering (IPO) of Tata Consultancy Services is likely to hit the market in the next six months and the issue size may be in the range of Rs 4,000 crore to Rs 5,000 crore.
Tata Sons is likely to dilute up to 15 per cent of its holding in TCS to raise the money, said chairman emeritus, TCS, said F C Kohli chairman emeritus TCS on the sidelines of the annual day seminar of the Manufactures Association of Information Technology (Mait).
