Infosys is one of India’s premier software company, which has contributed greatly to India’s global reputation as a powerhouse of IT exports. It has also been a pioneer in the concept of giving away its shares to its employees in the form of stock options.
This employee perk has made many of them multi millionaires, even in dollar terms. Even if you were not an employee and had bought 100 shares of the company in its IPO of 1993, those shares would be worth about Rs 5 crore today. Your investment would have multiplied by almost 5000 times. Infosys also was a pioneer in transparency and disclosure in their published financial accounts. In recent years their annual report is thicker than a dictionary, and some people say that it reads like a PhD thesis. Of course other IT companies like Wipro, HCL, TCS, Iflex (to name a few) have similar stories of spectacular wealth creation for their employees as well as shareholders.
Via Economic Times