Persistent Systems Limited IPO Current News

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Persistent Systems IPO overbid; should you invest?
Fri, 19 Mar 2010 04:46:00 GMT
The initial public offering (IPO) of Pune based software product development company Persistent Systems, which closes on March 19, has been subscribed 5.53 times, as per data available on the NSE website. The 54,19,706 equity shares IPO received bids for ...

Persistent Systems IPO
Mon, 15 Mar 2010 17:00:00 GMT
Persistent System's Official Press Release: Source: Mumbai, March 15, 2010: Persistent Systems Limited (the “Company”) is tapping the capital market on March 17, 2010 (“Issue Opening Date ...

Persistent Systems IPO rated 4/5 by CRISIL
Wed, 03 Mar 2010 05:26:00 GMT
MUMBAI: CRISIL has assigned IPO Grade '4/5' to the initial public offer of Persistent Systems Ltd, which indicates that the fundamentals of the issue are above average, in relation to other listed equities in India. The grading reflects the company's ...

Persistent Systems IPO subscribed 93.3 times
Fri, 19 Mar 2010 00:57:00 GMT
The retail portion was subscribed 22 times, institutional portion went for 144 times, while the non-institutional chunk was subscribed 107 times, a banker handling the issue said. Most of the issues had come in at 310 rupees, the banker said. The issue has ...

Investors Not Eyeing Exit In Persistent Systems IPO
Tue, 05 Jan 2010 21:30:00 GMT
VC firms Norwest, Gabriel, Intel Capital and Hewlett Packard Company together hold 25% stake in the IT services firm. Pune-based software development firm Persistent Systems Ltd, which is coming out with an initial public offering, is not likely to see any ...

Persistent Systmes Files DRHP For An IPO
Mon, 04 Jan 2010 16:00:00 GMT
Persistent Systems has filed the DRHP with SEBI to raise funds through an IPO. The company had initially planned to go public in 2008, but shelved the plans due to poor market conditions. Persistent will use the proceeds from the IPO to establish ...

Persistent Systems IPO opens today
Mon, 15 Mar 2010 17:00:00 GMT
Mumbai: Persistent Systems, an outsourced software product development firm, is tapping the capital market on March 17, 2010, with an Initial Public Offering (IPO) of 5,419,706 equity shares of 10 each for cash at a price to be decided through a 100 ...

Persistent Systems — IPO: Invest
Sat, 13 Mar 2010 16:00:00 GMT
A favourable offshore-onsite mix, good client base and a strong focus on the reviving US market are key factors in favour of the company. K. Venkatasubramanian Investors can consider subscribing to the initial public offering of Persistent Systems, an ...

VRL Logistics IPO subscribed 74 times
Fri, 17 Apr 2015 11:30:00 GMT
The enthusiasm of investors made it the most oversubscribed IPO since 2010, when Persistent Systems Ltd’s initial offer was oversubscribed almost 93 times, according to data from Capitaline. The VRL issue witnessed good response from both foreign and ...

Persistent Systems acquires enterprise social apps startup CloudSquads
Thu, 06 Feb 2014 08:12:00 GMT
Pune-based Persistent Systems Ltd, a software product and technology services ... The firm which went public four years ago has been fairly active in pursuing inorganic expansion. Since its IPO it has struck six M&A deals including the latest transaction.