Persistent Systems Limited IPO Current News

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With an eye on the cloud, Persistent Systems continues to innovate
Thu, 20 Oct 2016 12:38:00 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.

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.

Investors Not Eyeing Exit In Persistent Systems IPO
Tue, 05 Jan 2010 16:00:00 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 Systems defers IPO
Sun, 09 Mar 2008 22:34:00 GMT
NEW YORK, Oct 7 U.S. stocks ended down slightly on Friday as a drop in the British pound injected volatility to markets, while a weaker-than-expected jobs report was not enough to derail expectations for a Federal Reserve rate hike before the end of the year.

Persistent Systems revives IPO plans
Wed, 30 Dec 2009 16:48:00 GMT
MUMBAI: Pune-based software firm Persistent Systems has revived its plans for an initial public offering (IPO), and is currently in discussions with several banks and investment advisors to pursue a public listing over the next few months. The company had ...

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 ...

Persistent Systems on course for IPO
Thu, 06 Apr 2006 17:11:00 GMT
Persistent Systems, the Pune-based outsourced product development outfit recently funded by US-based venture funds Norwest Venture Capital and Gabriel Venture Capital, is coursing towards an IPO by April next year to raise some $30-50 million (Rs 200-250 ...

Subject: Persistent Systems Allotment Status / Pradip Overseas Allotment Status & Listing Info
Thu, 04 Mar 2010 16:00:00 GMT
1. Persistent Systems Limited IPO allotment status is now available online. Persistent Systems IPO was open on Mar 17, 2010 and closed on Mar 19, 2010. IPO was oversubscribed by 93.60 times (21.69 times in retail). For more info visit: http://www ...

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 ...

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