✓
Open
17 Mar 2010
✓
Close
19 Mar 2010
3
Allotment
—
✓
Listing
Tue, Apr 6, 2010
Price Band
₹290 to ₹310
Issue Size
54,19,706 shares (agg. up to ₹168 Cr)
Lot Size
20 Shares
Listing Date
Tue, Apr 6, 2010
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 92.87x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Establishment of development facilities. | 174.90 |
| 2 | Capitalise our Subsidiaries for establishing development facilities. | 2.96 |
| 3 | Procuring hardware. | 20.45 |
| 4 | Fund expenditure for general corporate purposes. | 20.24 |
About Persistent Systems IPO
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.+ Read More
Contact Details
Persistent Systems Ltd. AddressBhageerath402 Senapati Bapat RoadPune, Maharashtra, 411016+91 20 3024 2000investors@persistent.co.inVisit Website