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| 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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Publish by : Barron'sPersistent Systems Limited IPO listing detail:
Listing Date: Tuesday, April 06, 2010
BSE Scrip Code: 533179
Listing In: 'B' Group of Securities
ISIN: INE262H01013
Issue Price: Rs. 310.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share
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).
Persistent Systems Ltd is entering in the capital markets with an initial public offering, IPO of 168 crore for cash, at a premium to be decided through a 100% Book Built Issue. The price band for the issue has been fixed at Rs. 290 to Rs. 310 per equity share.
Incorporated in 1990, Persistent Systems Ltd is in the business of outsourced software product development (OPD) services. Company has nine development centers in Europe, America and Asia. In India, company operates from Pune. Company has workforce of more than 3500 software professionals.
The issue opens on March 17, 2010, and closes for subscription on March 19, 2010. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
The Persistent Systems IPO is proposed to open on Mar 17, 2010. The IPO application ends on Mar 19, 2010.
Retail investors can apply in the retail or non-institutional investor category from Mar 17, 2010 to Mar 19, 2010. The Persistent Systems IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The Persistent Systems IPO will open for subscription on Mar 17, 2010. The public issue will close on Mar 19, 2010.
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