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Persistent Systems IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 168.01 Cr. The company is based in Pune and caters to Information Technology sector. Axis Capital , J.P. Morgan India are the merchant bankers of Persistent Systems IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th December 2009.
Persistent Systems IPO open date is 17th March 2010 and close date is 19th March 2010. IPO Allotment Date is 30th November -0001 and Listing date is 6th April 2010.
IPO
Size:
₹ 168.01 Cr.
Avg IPO Size (Sector Based)
: ₹
755.86 cr.
Sector: Information Technology
IPO so far:
35
Merchant Banker:
Axis Capital
IPO by BRLM so far:
163
City:
Pune
IPO so far:
19
Revenue (annualised):
₹
600.68
cr. 
PE
Ratio:
16.25x
Average Sector PE Ratio: 22.44x
Persistent Systems IPO size is ₹ 168.01 Cr. with IPO price of ₹ 310.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Axis Capital Limited is the book-running lead manager of the Persistent Systems IPO. Link Intime India Private Limited is the Registrar for Persistent Systems IPO.
Persistent Systems IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Persistent Systems IPO, based in Pune, operates in the Information Technology sector with a focus on software solutions. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Persistent Systems IPO size is ₹ 168.01 Cr. with fresh issue size of ₹ 168 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Persistent Systems IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Persistent Systems IPO allotment status on the registrars website, Link Intime India Private Limited . Persistent Systems IPO refund dates are 30th November -0001.
Persistent Systems IPO is expected to be listed on 6th April 2010.
The upper price band for the Persistent Systems IPO is set at ₹ 310.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Persistent Systems IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Persistent Systems IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 19th March 2010. After submission, funds are blocked until the basis of allotment of Persistent Systems IPO is finalised.
The merchant banker for Persistent Systems IPO is Axis Capital Limited , J.P. Morgan India Private Limited . Axis Capital Limited , J.P. Morgan India Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Persistent Systems IPO RHP for further details.
The registrar for Persistent Systems IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Persistent Systems IPO through their official website or helpline.
Persistent Systems IPO was subscribed 93.60 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 168.01 Cr.
Avg IPO Size (Sector Based)
:
₹ 755.86 Cr.
Sector: Information Technology
IPO so far:
35
Merchant Banker:
Axis Capital
IPO by BRLM so far:
163
City:
Pune
IPO so far:
19
Revenue (annualised):
₹ 572.55 cr.
PE
Ratio:
16.25x
Average Sector PE Ratio: 22.44x
Persistent Systems IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Persistent Systems Financial Review Page
Merchant Banker(s) of Persistent Systems IPO: Axis Capital Limited , J.P. Morgan India Private Limited
Persistent Systems IPO subscription was 93.60 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Persistent Systems IPO listed at a listing price of 408.00 against the offer price of 310.00.
The current market price of Persistent Systems is 5162.50.
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