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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.

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 ...

Buy Persistent Systems, Relaxo Footwears: Siddharth Sedani
Tue, 08 Dec 2015 19:31:00 GMT
(Watch) Buy Persistent Systems: The company has a good presence in the digital ... The company will be coming up with two more amusement parks by next year. Dr Lal PathLabs IPO: Valuation of the IPO is little expensive but given its niche segment where ...

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: 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 ...

L&T Infotech to file draft IPO papers by early September
Wed, 26 Aug 2015 11:30:00 GMT
The last major IT services IPO was that of Persistent Systems Ltd in 2010. There have been no IPOs from the industry since 2011. The last time an L&T company hit the stock markets was in 2011, when L&T Finance Holding raised Rs.1,245 crore through its IPO.

Persistent Systems IPO receives subscription of 91.99 times
Thu, 18 Mar 2010 21:24:00 GMT
The Initial Public Offering (IPO) of Persistent Systems Limited has received overwhelming response from investors with the issue receiving subscription of 91.99 times till 4:00 PM on March 19, 2010. The IPO has received total bids for 498535500 equity ...

Persistent Systems revives IPO plans, files DRHP with SEBI
Tue, 05 Jan 2010 10:45:00 GMT
SummaryReviving its plans to hit the capital market, software product development services firm Persistent Systems Ltd, has filed a Draft Red Herring Prospectus with market regulator SEBI. Reviving its plans to hit the capital market, software product ...

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