Premji, one of the richest Indians, was allotted nearly 20,000 TCS shares because the issue was oversubscribed. High net worth -- in which category his application falls -- investors were rewarded with only one out of every 20 shares applied for in the offer. The size of Premji's holding in TCS will be nominal.

Tamesk Holdings, which has been a very aggresive investor in Indian companies, managed to bag shares nearly worth of $50 million (approximately Rs 230 crore). Tamesk has recently acquired a sizeable stake in Apollo Hospitals.

HSBC Global bagged shares worth nearly Rs 230 crore (Rs 2.3 billion). Other insitutitional bidders that were allotted a sizeable chunk of the IPO shares include: Franklin Tempelton {nearly Rs 115 crore (Rs 1.15 billion) worth}, UTI Mutual Fund {nearly Rs 100 crore (Rs 1 billion) worth}, LIC {Rs 120 crore (Rs 1.2 billion) worth}, Prudential-ICICI {Rs 46 crore (Rs 460 million) worth} and HDFC Mutual {Rs 92 crore (Rs 920 million) worth}. The allotment to institutional bidders was done on a discretionary basis.

Other investors who applied under the high net worth category include the Bangalore-based vaccine maker Cyrus Poonawala, Bajaj Auto, ILFS and Motilal Oswal.

Bajaj Auto applied for 190,000 shares while Motilal Oswal applied for 150,000 shares. ILFS applied for 390,000 shares. Reliance Energy applied for 72 lakh (7.2 million) shares.

As the category was oversubscribed by 19.15 times, these investors received nearly 5 per cent of the shares they applied for. The comblined value of the Reliance group's application was Rs 1,500 crore (Rs 15 billion).