TDCX, which provides customer experience and support services to tech companies, raised $348 million by offering 19.4 million ADSs at $18, the high end of the range of $16 to $18. The company offered 0.6 million more ADSs than anticipated. Insiders had indicated on $6 million worth of ADSs in the offering (2% of the deal).
TDCX states that it is a digital customer experience solutions provider for innovative technology and other blue-chip companies. Its business comprises three key service offerings: omnichannel customer experience solutions, sales and digital marketing services, and content monitoring and moderation services. The company served 43 clients as of June 30, 2021, including Facebook and Airbnb.
TDCX plans to list on the NYSE under the symbol TDCX. Goldman Sachs and Credit Suisse acted as joint bookrunners on the deal.
