Persistent Systems IPO Details

IPO Open Mar 17, 2010
IPO Close Mar 19, 2010
IPO Price ₹310
Face Value ₹10
IPO Size ₹168.01 Cr
Listing At BSE, NSE
Lot Size 20
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Persistent Systems IPO Date & Price

The Persistent Systems IPO opens on Mar 17, 2010 and closes on Mar 19, 2010.

Sorry the Persistent Systems IPO timelines are not available at this time.

Persistent Systems IPO price is set at ₹310 per equity share.

Persistent Systems IPO will close for subscription at 5 PM on Mar 19, 2010. But most brokers stop accepting application between 1 PM to 3 PM.

The Persistent Systems IPO starts on Mar 17, 2010. The issue ends on Mar 19, 2010.

Persistent Systems IPO Issue Size and Subscription Status

The Persistent Systems IPO size is 5419706 Equity Shares of ₹10 aggregating up to ₹168.01 Cr.

Persistent Systems Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Persistent Systems IPO shares through the banks (using ASBA) or through the broker (using UPI).

Persistent Systems IPO Offer Size

Qualified Institutional Buyers (QIB)2,926,638 Shares
Non-Institutional Investors (NII)487,773 Shares
Retail Individual Investor (RII)1,463,319 Shares
Employee Reservations541,976 Shares
Other Reservations0 Shares
Total Issue Size5,419,706 Shares

Persistent Systems IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)144.43 times times
Non-Institutional Investors (NII)107.73 times times
Retail Individual Investor (RII)21.69 times times
Employee Reservations0.61 times times
Other Reservations times
Total Issue Size93.60 times times

Click here to check the Persistent Systems IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Persistent Systems IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting

You could check Persistent Systems IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Persistent Systems IPO Allotment and Listing

The tentative date for Persistent Systems IPO allotment status is not available at this time. You can check the Persistent Systems IPO Allotment Status as soon as it is available.

Click here to check Persistent Systems IPO Allotment Status.

Persistent Systems IPO listing Date is Apr 6, 2010. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Persistent Systems IPO listing date and time is published by the exchange in a circular.

Click here to view the Persistent Systems IPO Basis of Allotment.

It is hard to say at what price Persistent Systems IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Persistent Systems IPO shares will list on Apr 6, 2010 at BSE, NSE.

Persistent Systems IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Persistent Systems IPO which could help you with questions like Persistent Systems IPO buy or not? You should also read Persistent Systems IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Persistent Systems IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Persistent Systems IPO performance. The performance reports are available 1 day after listing.