Sharing the experiences of Wipro's listing on the NYSE at the `IT & Stock Markets' seminar at IIMB on Tuesday, Mr Senapathy said Wipro went in for an overseas listing in October 2000 after its first domestic listing way back in 1946. A stringent restructuring exercise including the closing down of Wipro Finance, restructuring Wipro Net and spinning off its peripherals business with a few to focus extensively on its IT business was also a key part of the agenda prior to the listing, he added.

"An ADR for an IT company is usually directed towards the company's acquisition plans either through an all cash or stock transaction. In the case of an all stock acquisition, the stock needs to be acceptable in the global market. Quarter on quarter performance delivery is another important aspect that should be carefully evaluated," he said.

Pre-listing marketing, mapping of both investor profile and the portfolio's and listing on an exchange which will help create currency that is both robust and scalable are also some of the key factors. "During the entire listing process, companies must also make sure that they select global leaders to assist them through the process," he said.