Singapore’s TDCX Raises $348 Million in Expanded U.S. IPO

Pedestrians pass through a near empty Raffles Place in the central business district (CBD) of Singapore, on Tuesday, Sept. 28, 2021. 

Photographer: Lauryn Ishak/Bloomberg
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Singapore-based TDCX Inc., a provider of digital customer experience solutions, expanded its U.S. initial public offering and priced the shares at the top of a marketed range to raise $348 million.

The company sold almost 19.4 million American depositary shares on Thursday for $18 each, according to data compiled by Bloomberg. It had marketed Bloomberg Terminal18.8 million for $16 to $18 each.