The sponsored American Depository Shares of Infosys Technologies has been oversubscribed, with investors showing interest in the offering from across the US, Europe and the Far East.

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Disclosing this on the listing of the company's secondary issue of 5.218 million (52,18000) ADSs on the Nasdaq, Infosys CEO Nandan Nilekani told the media from New York on Thursday that the response was overwhelming during the road shows conducted last week.

Nilekani, however, did not mention the number of times the issue has been oversubscribed.

"The prospective investors include institutional and retail bidders," Nilekani added.

Company's chief financial officer T Mohandas Pai declared that around 77 per cent of the Indian shareholders had tendered their shares for the ADS offering.

Though the offer is for 3 million (30 lakh) equity shares, the company received 14.8 million (148 lakh) shares from 10,164 shareholders, including those from institutional and retail segments.

According to the company's filing to the US Securities & Exchange Commission on Thursday, the selling shareholders also include Infosys' promoters, directors and those who own 5 per cent or more of the equity shares.

"Collectively, our executive officers and directors will be selling over 1.6 million (16 lakh) ADSs representing 0.8 million (8 lakh) equity shares in the offering," the filing stated.

For instance, chairman and chief mentor N R Narayana Murthy has offered to sell 277,715 shares out of his total holding of 4.74 million (47.4 lakh) shares, constituting 0.42 per cent. As a result, Murthy's holding will be reduced to 6.80 per cent from 7.22 per cent.

Similarly, Nilekani has opted to sell 192,850 shares out of his present holding of 3.3 million (33 lakh) shares, constituting 0.7 per cent. Consequently, his holding will decline from 5.4 per cent to 4.7 per cent.

The shareholders have also granted the underwriters an option to retain an additional 782,000 ADSs within a week, representing an additional 391,000 equity shares.