Persistent Systems Limited IPO Message Board (Page 37)

@pranav...go to the ipo section in the nse website (nseindia.com/nse-india.com)

@ all, Can anyone tell how

Objects of the Issue:
The objects of the Issue are to
1. Establish our development facilities;
2. Capitalise our Subsidiaries for establishing development facilities and meeting fit outs and interior design costs;
3. Procure hardware;
4. Fund expenditure for general corporate purposes and
5. Achieve the benefits of listing on the Stock Exchanges.

will raise profit value of my share? IPO means becoming shareholder/partner of a company and Here's clearly stated about "interior design" et al. DHRP tells they will but SOFFA and Chair for Pune office, Arrange Parking facality and blah blah.

IF people like gemipofinder continue to live with India's herd mentality and won't be ready ever to call spades a spade than may God bless you all.

Just remember 1 think, in this share market, if you gain, everyone will come and say "see I told you so" but none will show face if you loose your hard earn money. QIB/NII/FII are smart enough to read DHRP, I request all to download from nseindia.com or moneycontrol's ipo section before putting money. If you spend reading posts here without putting money on chhitorgarh, spend some time in red hiring of company too where you'll built capital and become share holder. Rest your wish. I will stay away from PSL.

Where do we see the latest subscription % for the IPO? Is there a website which gives this number?

This issue will suscribe morethan 50 times ( Retain 15 times)

This IPO should be good to invest both for listing gains as well as an investment opportunity for short to medium term.

Also our kind request is that people here should discuss and exchange their views related to IPO's and the company pros and cons. There are so many other craps put up here and wastes users time as well.

Fundamentally Strong, Defi will give good return >20%

As of now (1030hrs 18.03.2010), the subscription stats don't look comforting. But, I have a proposal on my desk for Rs. 15.00 crore!

Continuing with 237. Subscription or No Subscription it doesnt tell much about listing gain / loss. Now take NMDC almost there was no subscription but now Retail Investors are feeling they should have applied. I feel low subscription is good if IPO is gooda s you will get good allotment. Still I feel this IPO is good and should apply forget about subscription figures.
STAY GREEDY WHEN PEOPLE FEAR AND FEARFUL WHEN THEY ARE GREEDY !!

i think when qib is not interested in issue then we should avoid and wait for infrasoft coming on 23 march bcauw on first day qib portion 0 and this is i think first time any ipo as per my knowledge any body can give any clerifcationb for qib o%?

there are too many mental cases has arrived here & saying under subscription of psl is cause concern, are u guys mads
wait till friday 5 pm u will see oversubscription as cause of concern, this is how every ipo subscription pans out every one bids on last 4-5 hours before closing the issue

QIB NOT TAKING INTEREST IS A CONCERN FOR PERSISTENT SYSTEM IPO......PLEASE LOOK AT SUBSCRIPTION BEFORE APPLYING.......

Please submit financial information of Persistant Systems ltd for last 5 years in details such as capital loan reserves investments etc

Please submit financial information for last 5 years in details such as capital loan reserves investments etc

@217 i) yes from 2005 to 2007 ipo market was good ii) there were several ipo's which bombed inspite of huge over subscription example RPOWER NHPC

Very poor subscription from the QIBs. Please avoid this issue.

Anyone applying for more than 1 application (in different demat accounts) please note that since your demat accounts have your PAN number which is unique, all your applications would be cancelled and no allocation would be done to those applicants.
It happened to me. So do not apply for more than 1 application.

how to apply for more than 1 application.e.g consider persistent system ipo.at cut off price of Rs.310/-, i can apply for 320 shares for around Rs.1 lakh.i.e 320*310=Rs.99200/-.this is one application,correct? if i need to apply more do i need to open another demat account in some other bank?

QIB Zeero?? Ehem Ehem

@ 217, Fututre Capital is one I remember. With price band of 700-765 it opened at 1000+ and colsed around 800, in very few days it went to 500 and now it's trading at 190s and it's all time low is 103.

Hi,
This query is to all the veterans(GEM IPO Finder,Ravi Bangalore,Sridhar,Neha).
Only recently I started participating actively in the IPOs.
My questions:
1)Even earlier,had it been so easy to make money in IPOs? Or only recent good listings are making it look so?
2)Have there been occasions where in IPO was heavily subscribed but got bombed on listing day(other than Reliance Power), if yes, which were the IPOs and what was the reason for bad listing.

Please let us all know your thoughts.