Persistent Systems IPO Subscription Details (Live Status)

Persistent Systems IPO Subscription Status Live

Persistent Systems IPO subscribed 93.60 times. The public issue subscribed 21.69 times in the retail category, 144.43 times in QIB, and 107.73 times in the NII category by Mar 19, 2010.

Investor CategorySubscription (times)
Qualified Institutions144.43
Non-Institutional Buyers107.73
Retail Investors21.69

Persistent Systems IPO (Day-wise) Subscription Details (times)

Day 1
Mar 17, 2010
Day 2
Mar 18, 2010
Day 3
Mar 19, 2010

Persistent Systems IPO Shares Offered

Persistent Systems IPO is a public issue of 5,419,706 equity shares. The issue offers 1,463,319 shares to retail investors, 2,926,638 shares to qualified institutional buyers, and 487,773 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)

* Anchor Investor portion is not included.

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

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Persistent Systems IPO Subscription FAQs

The Persistent Systems IPO is subscribed 93.60 by Mar 19, 2010.

Persistent Systems IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional144.43
Non Institutional107.73
Retail Individual21.69
Employee Reservations0.61
Total Subscription93.60

Retail category of Persistent Systems IPO subscribed 21.69 times as of date Mar 19, 2010. The public issue closes on Mar 19, 2010 for bidding.

An investor can apply in Persistent Systems IPO online via bank (using ASBA) or the broker (using UPI). The Persistent Systems IPO shares are offered online only.

The Persistent Systems IPO is subscribed 93.60 by Mar 19, 2010.

The Persistent Systems IPO allotment status is expected on or around . Visit Persistent Systems IPO allotment status to check.

The Persistent Systems IPO listing date is Tuesday, April 6, 2010. The equity share of Persistent Systems Limited will list on BSE, NSE.

Visit Persistent Systems IPO subscription status page for real-time bidding information about Persistent Systems IPO.

Persistent Systems IPO Timetable

IPO Opens OnMar 17, 2010
IPO Closes OnMar 19, 2010
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date