Persistent Systems Limited IPO Message Board (Page 33)

seems Vishal or DP is not misguiding but not sharing his source info.

here is the latest from NSE site

As on 19-Mar-2010 12:00:00 IST

Total Issue Size 5419706
Total Bids Received 89903960
Total Bids Received at Cut-off Price 3250800
No. of times issue is subscribed 16.59

Vishal - I don't see the details that you have been posting on that website? Just some high level numbers and on NSE it still shows 5.36

OVERSUBSCRIPTION AT 12.25 PM

RETAIL 3.01x

QIB & NII (including employee's bid of 114180 @ cutoff) 33.71x
(assuming today no bid received from employee @ cutoff )

OVERALL 25.42x

over all 16.58, retail 2.22
till 12 pm

@ 307. Rahul Mittal

Dear Rahul Mittal,

You can visit BSE & NSE website for subscription details of each ipo.

http://www.bseindia.com/bookbuilding/newbookbuilding.asp?scrip_cd=325&scripname=Persistent+Systems+Limited&status=L&ir_flag=IPO

http://www.nseindia.com/marketinfo/ipochart/ipochart.jsp?issue=PEREQ&ir=I&cn=C&sd=D&cnlink=N

Regards,
Vishal

Good Strategy Vishal, I caught you, hence you change your name to DP and again post incorrect figures

this will go to 50+ times

What's latest retail subscription for Persistent ?

OVERSUBSCRIPTION AT 12.15 PM

RETAIL 4.43x

QIB & NII (including employee's bid of 114180 @ cutoff) 35.22x
(assuming today no bid received from employee @ cutoff )

OVERALL 26.53x

Vishal, Why are you misguiding retailers by incorrect subscription figures? If you claim that they are correct, why dont you share the source?

Investor

OVERSUBSCRIPTION AT 11.50 AM

RETAIL 2.43x

QIB & NII (including employee's bid of 114180 @ cutoff) 21.74x
(assuming today no bid received from employee @ cutoff )

OVERALL 16.53x

Thanks Finvest.
What is the advantage of bidding at cutoff than bidding at highest price?
For me, both are same.
Kindly clarify.

Thanks a lot again Gem Ipo Finderfor spending time in educating me (and others as well).
Is there any risk in applying under NON-INSTNL BIDDERS CATOGARY,
like Income Tax problem,non availability of discount (retail)?

I would like to invest 3 to 5 lac each in good ipo's.

read my messge at 58

OVERSUBSCRIPTION AT 11.45 AM

RETAIL 1.66x

QIB & NII 22.49x

OVERALL 14.78x

@ Babu

1.If I apply for highest price(310)without cutoff, and allotment is done at 295,Still Ineed to pay 310 ?
---- No, u will have to pay only 295 not 310.

2.One can apply for only 1 lac in one application ?
can I submit any number of applications (say 10)?
--- One PAN card can apply only one application , if u do more your application is invalid.

hope this helps...

AS PER NSE-
TILL 11 AM

OVERALL:10.67 TIMES
CUT-OFF ( REATIL) : 1.7 TIMES

EXPECTED TOTAL 65-68
RETAIL 14-16

This is a very small issue so there will be heavy demand by the end of day. 150 crores is peanuts. 1 year from now, this company will be great.

I expect 20 times over subscription atleast

this may oversubscribe 20 times in retail....

HI BABU

NO U WILL GET SHARES AT 295 INSPITE BIDDING AT 310

UNLESS UR BID IS ABOVE OR EQUAL TO DISCOVERED PRICE, U R SAFE, THERE IS NO POINT AT BIDING AT HIGHEST PRICE (310), U BID AT CUT-PRICE, BOTH ARE SAME BUT CUT-OFF IS SAFE.
IF UR BID FALLS BELOW DISCOVERED PRICE U WILL BE REJECTED, FOR EXAMPLE IF U BID AT 300 & PRICE DISCOVERED IS 310 THEN U R GONE, NO ALLOTMENT.

U CAN APPLY FOR MORE THAN ONE LAC IN ONE APPLICATION BUT NOT UNDER RETAIL PORTION BUT UNDER NON-INSTNL BIDDERS CATOGARY, THAT IS NOT ADVIASABLE UNLESS U BID FOR 20-50 LACS ATLEST


U CANT APPLY FOR MORE THAN ONE APPLICATION FOR ONE PERSON, WHATEVER NO. OF DEEMAT A/C U HOLD, ONE NAME-ONE PAN-ONE APPLICATION