Persistent Systems Limited IPO Message Board (Page 20)

GREY MARKET PRICE CRASE-
ilfs=============== 15-20,
pradip------------- 5 - 7,
persistant========= 50 - 55,
shree ganesh======= -25 -30,
intrasoft========== 8 - 10,
goyenka============ -10 -15,............

AS PER DISCUSSION WITH LINKINTIME, THE ALLOTMENT OF PERSISTENT WILL BE ON 2ND APRIL.

AS PER DISCUSSION WITH LINKINTIME, THE ALLOTMENT WILL BE ON 2ND APRIL.

Allotment Status will be avilable in Axisbank ASBA Account on 31 March 2010 and Others will be 01 April 2010.

bye

persistent systems prize fix310/
expected allotment 3:2 per 20 share
refund will 1/4/2010 or 5/4/2010 due to diley 2/4/10 holiday
listing 8/9 april 2010 expected date
listing around rs 400/425/450 listing will be very higher prize and go up up depend market view

allotment date.plesh giveme thank you

I have made just 1 application for 93000 Rupees. I hope to get atleast 1 lot of share. If it is lottery based, then I should be lucky to get that. Lets see.

Anybody has confirmed information about the allotment date and listing? I guess it should be in 2-3 days from now.

Gane.

When is the listing of Persistent Systems

HI JANUUUUU

PERSISTENT KA ALOT MENT 30/3 KO HAI OR REFUND 1/4 KO HAI?


PRINCEEEEEEEEEEEEEEEEEEEEEE

16 people out of 21 will get 20 shares in their maximum application(99200/-). It will not be any firm allotment, It would be lottery system.

GMP for this issue is 185/- (no seller)

Thank you,

I applied 2 lots in ASBA account in through Axis Bank.
and I applied 1 Lot through Sharekhan. can anybody tell me how much I will get in allotment.

thanks

Hi friends market jab tak up trand mein hai tab tak jitne shares ka listing hona hai hojaye to acha hai listing gain milta rahe aur ham profit book karte rahey

listing kab hai ? aur kya 21% over subscribe huva hai to kya hath mai sirf 15 ya 16 share aane vale hai kya? 16 lot walo ko ?

When Persistant is getting listed?

if u have applied for the max amt u 'll get abt 60 shares

SKS first microfinancier to float IPO


SKS Microfinance Ltd, the country’s largest microfinance company, plans to raise Rs 1,100 crore ($250 million) through an initial public offering (IPO).


As per its draft offer document filed with the Securities and Exchange Board of India, the issue comprises 1.67 crore shares, accounting for 21.6% of the company’s fully diluted post-issue capital. This includes a fresh issue of 0.74 crore shares and an offer for sale of 0.93 crore shares by certain selling shareholders.

Mauritius Unitus Corporation and Sequoia Capital India are among the shareholders looking to sell shares through the issue.

According to the offer document, Sequoia, which has been an early investor in companies such as Google and Yahoo, started buying stake in SKS in March, 2007 at Rs 49.77 a share. It plans to sell about 4 million shares, or less than a third of its stake, through the IPO.

At least 60% of the IPO shares will be available for institutional investors.

Net proceeds from the fresh issue would be used to augment the future capital requirements of the company arising out of growth in its business.

The book running lead managers to the issue are Kotak Mahindra Capital, Citigroup Global Markets India and Credit Suisse Securities (India).

The company is to be listed on the National Stock Exchange and the Bombay Stock Exchange.

The company, founded by former McKinsey & Co management consultant Vikram Akula, lends to the rural poor, especially women, on a for-profit basis.

It received a non-banking finance company licence from the Reserve Bank of India in 2006 and currently has 5.3 million customers. Going by an October, 2009 report by Crisil, it is India’s largest microfinance company by value of loans outstanding, the number of borrowers and number of branches. It had 24 regional offices and 1,627 branches spread across 19 states as of September 30.

The market for the issue is expected to be strong going by the response to recent fundraising attempts by the sector.

Companies such as Grama Vidyalaya Microfinance Ltd, ESAF Microfinance Ltd and Navachetna Microfin Services have used various debt and equity options including securitisation and non-convertible debentures, drawing participation from asset managers such as Bajaj Allianz Life Insurance, ICICI Prudential Asset Management, Canara Robeco Mutual Fund and Religare Asset Management.

“There is a large population out there, which is not covered by the formal banking sector, which should be really helped by microfinance institutions. I believe there should be a great deal of enthusiasm for the sector, though the exact fundamentals would have to be examined before investment,” said Sanjeev Patni, president and head of institutional equities at Prabhudas Lilladher.

PS 200-225

how many shares are possible in 1 lac appli in persistent?

In my life first time i have applied in IPO for 16 lots may i know any chance for allotment pl guide

Dear Kunal ASBA mein bhara hoga to debit nahi huwa agar phisical Application ki hogi to Debit hona cahye agar fir bhi koi probleam hota hai to tum Ragitrar Aur psl.ipo@linkintime.com COmpny mail id investors@persistent.co.in pe mail kar k pata laga lo tumhai replay jarur milega