Persistent Systems Limited IPO Message Board (Page 25)

PERSISTENT SYSTEM IS A FANTASTIC COMPANY .A BLUE CHIP WILL EASILY TOUCH 600 IN 1 YEAR TIME AS ITS EPS WILL BE 30 FOR MARCH 12 .BUY ON LISTING IF AVAILABLE REASONABLY

This is for 463. jadesmith
Jadesmith, in RII, please consider only cutoff applications.. as other price bid applications wouldn't have a chance as the price would be fixed at upper band i.e. 310

at cut off subscribed nearly 20 times that means from 20 max apl 16 will get 20 shares

All those who have applied for Persistent Systems Limited IPO in retail quota for one full application
ie
1 lot = 20 shares * 16 times = 320 shares
320 shares * Rs. 310 = Rs. 99200/- (Rs. 320 or cut off)
will be allotted 1 lot ie 20 shares.

However, there is very very strong possibility that some of applicants who have applied for one full application may not get shares ie because of number of times over subscribed at cut off price.

For sure this is a bumper issue. Be ready to harvest.
Happy Investing and Trading.


Good Night To All
There are some useless craps/messages here which we feel need to be removed.

I think it will touch 450 on listing day........

Guys,
Taking into consideration that un alloted portion of employees will be allocated to Retail Investors, the Issue has been over subscribed 17.22 times in retail category.
Assuming that 5% of the applications could be rejected,the overall eligible over subscription is around 16 times...which is favourable to the people who have applied for 1 Lac(16 Lots).

dear gem ipo,

cost for HNI is around 471/- per share so the listing day it will touch or near around 400 to 425.

Now in My view listing will be around Rs 450-463

Dear Friends,
i've already predicted at my message "209" that issue will be oversubscribed around 15-18 times for retail on the day 17th march when everyone was fearing to march factor. in my view this is an excellent IPO. i've also applied 3 full app.

I think PSL will list around 350-375........

I think PSL will list around 350-375.......

dear friends
some shares of unsubscribed portion of employees quota will be added to RII. total shares will be alloted to RII 1526798(approx.) and in case subscription taken as full & on cut off basis allotment will be as follows:-

application
for 320 shares allotment of 20 shares

full 3 application 2 allotees

cut off 25 application 21 allotees

Where and how does one buy/ sell shares in grey market?

Hi gem ipo finder meine 100+140 ki 2 application ki hai allotmeant ka kitna chance hai ??? yaar allotmeant hoga ya nahi ?

353 to 359 list ho sakata he shayad usase bhi jyada ho !!!

Who is this using GEM IPO FINDER name,
are you mad, how can you challenge it will list in discount for an oversubscribed ipo record of 93 times. If you have guts tell us your real name.

@ Sunny.

I think there is a mistake in your calculation.

Even if the 20000+ shares of unsubcribed shares go the the RII quota it makes a marginal difference in overall subscription..from 21.68 it will come down to 21.39

Employee quota is not completely subscribed. So if we assume that the extra portion will be given to RII, then the RII is oversubscribed 14.54 times (at cutoff prices of both RII and Employee Quota).
1 lot is gauranteed for full application.

Category             No.of shares offered / reserved             No. of shares bid for             No. of times of total meant for the category       
QIB             2926638             422687360             144.4276       
                                          
HNI             487773             52549140             107.7328       
                                          
Retail (RII)             1463319             31737820             21.6889       
                                          
Employees             541976             330380             0.6096       
                                          
Overall       
      
      
      
      
      93.60        times.

tell me gmp of psl