Persistent Systems Limited IPO Message Board (Page 36)

Guys whats the Grey Market rate right now?

What the curent Subscription Status (QIB, Retail etc) I cannot access NSE website from Office.

Thanks in advance

Investor and traders both should apply as it is a debt
free company and excellent growth.Already subcribed 2.76 times total and 0.421 in Retail.Looks shall be heavily
subscibed by 19th evening.

I P O

GOENKA DIAMOND

PRICE BAND

Rs.150 ( + ) ( - )

.

Total Issue Size 5,419,706
Total Bids Received 14,877,460
Total Bids Received at Cut-off Price 539,800
No. of times issue is subscribed 2.75

(As on 18-Mar-2010 13:00:00 IST)

HI SUMEET
SUBSCRIPTION WILL BE A PROBLEM !!!
BUT NOT ON THE LESSER SIDE BUT ON THE HIGHER SIDE
NOWADAYS NO ONE APPLIES BEFORE 4-5 HRS OF CLOSING
TOMMOROW TILL 5 PM U WILL SE THE HUGE OVERSUBCRIPTION
I THINK RETAIL 10-14 TIMES OVERALL 30-50 TIMES
APPLY DONT LOOK AT OTHERS AEKLA CHALO

@gem ipo finder

Hi gem ipo ,

Persistent systems has been subscribed very less till now and QIB subscription is very low till now..plz share ur thoughts on this..is there any problem or it will still be a hit..?

Guys,
@ 1300 Hrs, IPO is subscribed 2.75 times compared to 0.09 times of yesterday evening.
I think, we must go for it. It will give us good listing gain.

- IPO Guru

The average cost of acquisition of our Company's Equity Shares by the Promoters, Dr. Anand
Deshpande is Rs. 2.02 per Equity Share and S. P. Deshpande is Re. 0.61 per Equity Share. The average
cost of acquisition of Equity Shares by the Promoters has been calculated by taking the average of the
amount paid by them to acquire the Equity Shares issued by us.

@RAMA - don't talk nonsence, if you don't know abt promoters's back ground, they are higly respectable.

anyways, IPO SUBSCRIBE 2.75 times.

Its a very gud company... Pune's fastest growing company with a good and clean reputation... Will give you returns in mid-term... must go for it...

Good IPO, Company is very good, its fatest growing IT company, core focus and work is on product development. I am investing in this issue.

This is good time to enter for this IPO. Sure will return in midterm/longterm. So my advice is to select this issue.

Dont apply in this. If No qib's apply on first or second day... then issue is manipulated by promoters through non instotutional catogory to impress upon retailers to put in their money.. once retail puts suffiecient money, they withdraw and allot shares to retail as happened with emmbi...
remember... if u lost an opportunity to make money is no problem... But DONT LOOSE your money.. this is investing mantra.

Discl: I am not applying for persistent IPO

Off late issues of ENAM have not been great they have earned a lot of bad name, however, this issue i feel they would be back with a bang. If the issue doesnt give the investors good return then I feel it would be very tough for Enam to get good retail response for future issues.

RISK UR MONEY WITH GREAT CAUTION.

this is very unpredictable ipo. normally ipo's dont go this slow. cant say anything till friday afternoon. wait and watch

if some one has fund, must go for ..PERSISTENT....

It is waste in putting money into this IPO, do not go for it.

PSL will use new development facilities to add around additional 4000+ capacity to the existing 4500. Does that not mean they are planning for growth and you as a investor will be rewarded?