Persistent Systems Ipo Allotment Price

Persistent systems ipo allotment price


Persistent Systems Limited IPO (Persistent Systems IPO) Detail

Incorporated in , 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 NASSCOM Innovation Award and recognized as one of the leading technology companies in the Deloitte Touche Tohmatsu Technology Fast Asia Pacific

Company has nine development centers in Europe, America and Asia.

In India, company operates from Pune. Company has workforce of more than software professionals.

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Company Promoters:

The Promoters of Persistent Systems Ltd are:
1. Dr. Anand Deshpande
2. Mr S.P.

Persistent systems ipo allotment price


Company Financials:

ParticularsFor the year/period ended (Rs. in million)
Total Income6,4,3,2,1,
Profit After Tax (PAT)

Objects of the Issue:

The objects of the Issue are to

Mainline IPOs in 2020

Establish our development facilities;
2. Capitalise our Subsidiaries for establishing development facilities and meeting fit outs and interior design costs;

Trade forex with the banks

Procure hardware;
4. Fund expenditure for general corporate purposes and

Persistent systems ipo allotment price

Achieve the benefits of listing on the Stock Exchanges.

CRISIL has assigned an IPO Grade 4 to Persistent Systems Ltd IPO. This means as per CRISIL, company has above average fundamentals.

Persistent Systems IPO Details

CRISIL assigns IPO gradings on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.

Click here to download the CRISIL IPO Grading Document for Persistent Systems Ltd.

Check IPO Ratings from other stock analysts.

Persistent Systems IPO Prospectus

Persistent Systems IPO Rating


Persistent Systems IPO Listing Date

Listing DateTuesday, April 6,
BSE Script Code
Listing InB
Issue Price&#; Per Equity Share
Face Value&#;10 Per Equity Share

Listing Day Trading Information

Issue Price
Last Trade

Persistent Systems IPO FAQs

  1. 1.

    Persistent systems ipo allotment price

    What is Persistent Systems IPO?

    Persistent Systems IPO is a main-board initial public offering of 5,, equity shares of the face value of &#;10 aggregating up to &#; Crores.

    The issue price of the IPO is &#; to &#; Per Equity Share.

    The minimum order quantity is 20 Shares per application and the offer type is Book Built Issue.

    The IPO opens on Mar 17, and closes on Mar 19,

    Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

  2. 3.

    Persistent systems ipo allotment price

    How to apply for Persistent Systems IPO?

    Persistent Systems IPO application can be done through banks using ASBA online or through stock brokers trading account using . All popular banks i.e.

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    HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e.

    कैसे होती है IPO में Shares की Allotment - IPO Allotment Process

    Zerodha, Sharekhan) using UPI as a payment method.

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Persistent Systems IPO Review / Comments

Persistent Systems IPO Subscription Status (Bidding Detail)

No. of Times Issue Subscribed(BSE + NSE)

As on Date & Time






Shares Offered






Mar 19,






Company Contact Information

Persistent Systems Limited
Senapati Bapat Road,
Pune , Maharashtra, India

Phone: +91 20
Email: [email protected]
Website: xn----dtbiabn9bhedim4dg3h.xn--p1ai

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Persistent systems ipo allotment price