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Persistent Systems Ltd.

Persistent Systems Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹310
₹310
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹310
Based on GMP
Min. Investment
₹6,200
1 lot × 20 shares
Subscribed
1.00x
Over-subscribed
Check Allotment
IPO Details
Open Date
17 Mar 2010
Close Date
19 Mar 2010
Allotment
25 Mar 2010
Listing Date
06 Apr 2010
Exchange
NSE & BSE
Price Band
₹310
Listing Price
See chart
Allotment Status
Check Now →
Price Band
₹310
Per share
Face Value
₹10 per share
 
Lot Size
20 Shares
per lot
Issue Size
54,19,706 shares (aggregating up to ₹168.01 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹6,200
1 lot
Pre-IPO Holding
3,58,61,000 shares
Promoters
Post-IPO Holding
4,00,00,000 shares
Promoters
UPI Deadline
2010-03-19
Mandate
Anchor AllotmentTue, 16 Mar 2010
Basis of AllotmentThu, 25 Mar 2010
Refund InitiationFri, 26 Mar 2010
Demat CreditFri, 26 Mar 2010
Listing DayTue, 06 Apr 2010
UPI Mandate Deadline2010-03-19
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares41,39,000 shares (aggregating up to ₹128.31 Cr)
Offer for Sale12,80,706 shares of ₹10 (aggregating up to ₹39.70 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Persistent Systems Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 19 Mar 2010.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
— — —
NII / HNI
Over 1.00x
— — —
Retail
Over 1.00x
— — —
Total 1.00x
5,419,706
 100% ₹168.01
IPO Shares Offered
Persistent Systems Ltd. IPO total issue size: ₹168.01 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 5,419,706 ₹168.01
100.00%
* Based on upper price band ₹310 per share
Lot Size & Investment
Lot Size
20
Shares per Lot
Issue Price
₹310.00
Upper Band
Min Investment
₹6,200
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)240₹12,400
Retail (Max — 32 Lots)32640₹198,400
S-HNI (Min — 33 Lots)33660₹204,600
B-HNI (Min — 162 Lots)1623,240₹1,004,400
* Issue Price ₹310 × Lot Size 20 shares
IPO Schedule
Anchor
16 Mar 2010
✓ Done
IPO Open
17 Mar 2010
✓ Done
IPO Close
19 Mar 2010
✓ Done
Allotment
25 Mar 2010
✓ Done
Refunds
26 Mar 2010
✓ Done
Demat Credit
26 Mar 2010
✓ Done
Listing Day
06 Apr 2010
✓ Done
Persistent Systems Ltd. — Live Price LIVE
₹310.00
INR · BSE
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Issue ₹310.00 Live Price
About Persistent Systems Ltd.
Incorporated in 1990, Persistent Systems Ltd is in the business of outsourced software product development (OPD) services.Company design, develop and maintain software systems and solutions, create new applications and enhance the functionality of existing software products.Company's main focus is in the area of telecommunications, life sciences and infrastructure and systems.Persistent Systems won the 2008 NASSCOM Innovation Award and recognized as one of the leading technology companies in the Deloitte Touche Tohmatsu Technology Fast 500 Asia Pacific 2009.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.
Objects of the Issue
1
1 Establishment of development facilities.
2
2 Capitalise our Subsidiaries for establishing development facilities.
3
3 Procuring hardware.
4
4 Fund expenditure for general corporate purposes.
Persistent Systems Ltd. Financials (Amount in ₹ Crore)
Revenue from Operations
₹317.7
31-Mar-07
₹450.5
31-Mar-08
₹600.7
31-Mar-09
Profit After Tax (PAT)
₹57.2
31-Mar-07
₹83.4
31-Mar-08
₹66.8
31-Mar-09
Particulars31-Mar-0931-Mar-0831-Mar-07
Revenue from Operations 600.68 450.46 317.71
EBITDA N/A N/A N/A
Profit After Tax (PAT) 66.76 83.38 57.24
Net Worth N/A N/A N/A
Total Assets N/A N/A N/A
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A — —
PAT Margin (%) N/A — —
RoE
18.5%
RoCE
42.8%
RoNW
18.55%
Issue Structure & Shareholding
Total Shares Offered54,19,706 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding3,58,61,000 shares
Post-Issue Promoter Holding4,00,00,000 shares
P/BV RatioN/A
RoE18.5%
RoCE42.8%
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Axis Capital Ltd.
JP Morgan India Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Persistent Systems Ltd. IPO subscribed? ▲

Persistent Systems Ltd. IPO is subscribed 1.00 times by Mar 19, 2010. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Persistent Systems Ltd. IPO retail subscription status? ▼

The Persistent Systems Ltd. IPO retail category is subscribed 1.00 times as of 19 Mar 2010. The retail portion is oversubscribed.

How to subscribe Persistent Systems Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 17 Mar 2010 and closes 19 Mar 2010. Min investment: ₹6,200 (1 lot = 20 shares). UPI mandate: 2010-03-19.

How many times Persistent Systems Ltd. IPO subscribed? ▼

The Persistent Systems Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Persistent Systems Ltd. IPO allotment? ▼

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 25 Mar 2010. Refunds: on 26 Mar 2010.

When Persistent Systems Ltd. IPO will be listed? ▼

The Persistent Systems Ltd. IPO listing date is 06 Apr 2010, Tuesday. Listed on: NSE & BSE. Issue price: ₹310. Estimated listing: ₹310. GMP: NIL.

When Persistent Systems Ltd. IPO close? ▼

The Persistent Systems Ltd. IPO closes on 19 Mar 2010, Friday. UPI mandate: 2010-03-19. Allotment: 25 Mar 2010. Listing: 06 Apr 2010.

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Live Price LIVE
Last Price₹310.00
Change—
Issue Price₹310.00
vs Issue—
Quick Summary
StatusListed
Issue Price₹310
Face Value₹10
Lot Size20 Sh
Min. Amount₹6,200
GMPNIL
Est. Listing₹310
Subscribed1.00x
Open Date17 Mar 2010
Close Date19 Mar 2010
Allotment25 Mar 2010
Listing Date06 Apr 2010
ExchangeNSE & BSE
UPI Deadline2010-03-19