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Persistent Systems Limited IPO Current News

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Persistent Systems defers IPO
Sun, 09 Mar 2008 17:00:00 GMT
MUMBAI, March 10 (Reuters) - Software products development firm Persistent Systems Ltd said on Monday it has deferred its initial public offering of shares due to adverse market conditions in India and overseas. The company had earlier filed its draft ...

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: 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 ...

Persistent Systems Acquires Agilent Technologies Unit
Wed, 25 May 2011 17:00:00 GMT
Persistent Systems Ltd has acquired Agilent Technologies' software marketing ... Ahmedabad-based Timbor Home Limited is raising funds through IPO by issuing 3.69 Mn shares at a price band of Rs.54-63 per share, by diluting 25% stake. UTI Ventures Funds ...

Persistent Systems surges on debut
Fri, 25 Nov 2011 03:26:00 GMT
Persistent Systems plans to use the funds raised from the IPO for establishment of development facilities in Pune and Nagpur and to procure hardware. Pune-based Persistent Systems caters to offshoring outsourced product development (OPD) market.

L&T Infotech to file draft IPO papers by early September
Wed, 26 Aug 2015 00:48:06 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.

With an eye on the cloud, Persistent Systems continues to innovate
Tue, 27 Sep 2016 17:00:00 GMT
Anand Deshpande, 54, chairman and MD of Persistent Systems, is a techie by training and an alumnus ... Persistent became a publicly traded company in 2010, after an IPO in Mumbai. Its early investors Norwest and Gabriel exited in 2012 and 2013 respectively.

Ram Gupta joins the investment team at Nexus Venture Partners
Wed, 05 Apr 2017 01:28:00 GMT
Previously, Ram served as director on the boards of various public and private companies, including Progress Software (PRGS), S1 Corporation (SONE, acquired by AIC), Platform Computing (acquired by IBM), Persistent Systems (ipo:PRST), Yodlee (ipo ...

Most pre-internet cos going through a major transformation: Persistent Systems Chief
Tue, 20 Jun 2017 08:09:00 GMT
In a free-wheeling conversation with Malini Bhupta of Moneycontrol, the founder and chairman of Persistent Systems, Anand Deshpande ... with” customers and go with them to sell. We did an IPO in 2010 and in FY14 we were 8,000 people.

CRISIL IPO grade 4/5 assigned to IPO of Persistent Systems
Wed, 18 Oct 2017 17:00:00 GMT
However, this grade is not an opinion on whether the issue price is appropriate in relation to issue fundamentals. By clicking on submit button, you authorize IIFL & its representatives & agents to provide information about various products, offers and ...

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