Persistent Systems Limited IPO Message Board (Page 11)

Sell Syncom 122 - 120 TGT 105. - 108

what was the basis of allotment for the retai in 320 shares.as some on eget alloted & someone not.

Basanta,
Most probably on 8th of April(not confirmed).

I am happy that speculators(misleaders) are out from this forum(atleast for the time being).
Had there been a good listing of ILFS, all these sense-less people would have predicted 550 for persistant.

I hope healthy opinions prevail.

Any idea of the listing date.

Dipak, (ah sorry) Good Luck Mr Warren Buffet....

Even i think there is something fishy in this stock. I applied in 2 forms with something around 60k each and got allotment in both.
Most of the posts here say that they too ve all got the allotment. So its like everybody got allotment that too when it was oversubscribed 20 times in retail...

:S

@748 Harish
I also have the same view so holding 158 Sh ITNL for 360 Rs target & alloted 40 Sh of persistant will not sell below 475 Rs

IL & FS TRANSPORTAION AND PERSISTENT - BOTH ARE 4 STAR RATED ISSUES.ONE WHO HOLDS THE SHARES FOR 1 MONTH WILL GET HANDSOME RETURNS. AFTER ALL SHARE INVESTMENT MUST NOT BE DONE WITH SHORT TIME.GOOD COMPANIES GIVE RESULT DEFINATELY BUT ONE SHOULD WAIT.

Yes, the same thing happened with DQ and ITNL. Now a days the grey market premium is not holding. The smart thing will be get out immediately after listing to fetch max profit.

All IT stocks are bleeding because of Rupee strengthening. So even though persistant got subscribed so heavily, there won;t be much listing gains. Also, note that the pricing was steep and not much was left on the table. All IPO's was getting over subscribed heavily and same thing with persistant.

There will be heavy selling immediately after listing, so be careful.

Prem, DONT GO BY SPTULSIAN VIEWS anyway i dont beleiev in premium. the company is sound and good mangament and deserve price of more than mindtree as it was issued at quite less p/e see fair value of stock at 600

Persistent System has also seen a sharp fall in its premium to 80-85 with not much activity seen .
source sptulsian.com

Thank You DC (730)...Next IPO se over subscription in retail will be less .. Ha HA

Anybady know In april 2010 New ipo open?when?

GMP Rs.98-100

can any one tell the status of allotment iro application (persistent systems)Nos 7 2857569 and 7 2857572?

Hello again...

Listing date cnfirm: 5 April 2010

Current GMP - Rs. 100 - 120

Hello frens....

Still not get shares in demat a/c.. But refund credited into bank a/c..

for 8 lots I got 20 shares. Not a bad deal after a huge subscritption. But getting even after not applying for a full cup, means allotment has been on basis of loterry. Wishing all the best for listing gain, if at all it is there. Sell it at 400.