Persistent Systems Limited IPO Message Board (Page 38)

tell me persistent systems limited grey market.

Typical Indian mentality, following like sheeps. Read document supplied by Persistent FIRST before investing. They will spend the collected money in "table kursi", "diwali ki white wash" and "ghar ki sajawat" and add to this the money they will pay to bankers and IPO registrars and floating of share expense. My personal view is this will be a huge oversubscribed cos of a sheep's herd mentality BUT quickness to flee and panic in the face of stress will lead to another RPOWER repeat telecast! BEWARE!!

PSL FORM RATE 2800 GANESH JEWE 2800. PREMIUM PSL Rs.160 AND GANESH Rs.25

is PSL not risky ? since not subscibed reasonably on the first day.

AVOID - GANESHJI KO SORRY GOD, MAAF KAR DO BAPPA, MANY REASONS TO AVOID
AVOID - INTRASOFT BECAUSE OF THE SIZE OF IPO & CO SO SMALL

ONLY OPTION LEFT IS PSL GO FOR IT

bhai logo gray mkt. premium par mat jaya karo , ye sab manupulation hai,,,, i p o ka matlab hota hai instant poor offer @ of fundamentals created by promoters

Hi friends any chance of geeting allotment by applying in small lots???

@206 Bhavik. I agree that it's bigger than ARSS but also don't forget that it's much more better than ARSS so subscription may be heavy, but looking at march & long que for IPO I expect subscription 15-18 times for retail.

THOUGH THE RATING ALLOTTED TO PSL IS 4 , BUT IT FAILED TO IMPRESS ON DAY ONE . WHATS WRONG WITH IT OR IS IT THE MARCH EFFECT

205. Ashnel

If you sell shares on listing day, the profit you earn is known as short term profit and it includes in your income. If your total income does not increse above 160000, then all ur income is tax free. And if ur income increase above 160000, then u have to pay tax @ 10%.

Like your income for a year (including share income) is 200000 rs. then u have to pay tax on rs. 40000 @ 10% i.e. 4000 rs.

Regards,
Bhavik

Please dont misguide anyone by saying false things.. This IPO is bigger then ARSS and even ARSS didn't subscribe 20 times.. So we can't say allotment for this IPO will be based on lottery.. We should also consider March month.. As every one need cash/ liquidity..

This IPO is gud to apply. Just go for it for another ARSS...

Happy Investing

I would like to know about short term cap gain tax.
How it is applied on IPOs, if we are looking for listing gains?

where can i check the hostorical data of Nifty values..

Mr.Parag Have u gone through the CRISIL rating for the company.U are right about all U.S clientsbut let me tell u but for this risk factor this company would have been awarded%?% rating.
Now also read the clause about operation margin company has a good cushioning.
What is ur take on business scenario in U.S for short horizon 2-3 years.i see good.
Also the company has sticky customers.
I am prepared to take the risk of 90percent business clients in U.S
STILL IF U HVE ANY VALID ARGUMENTS PLEASE SHARE.AFTER ALL WE R ALL HERE TO SAVE EACH OTHER FROM MAKING MISTAKES
Thanx

persistent will be subscribed more than 20 times in retail, for full application of rs 1 lakh 1 lot will be alloted by lottery, some people will not get allotment even after full application, maximum listing price lets say at 100 rs premium , rs 410 then gain on full application will be max 20*100= 2000 rs. and that also depends on lottery , so not a fruitful IPO.

Hi everybody, which website gives the subscription details?

Attn: Gem IPO Finder

Persistent Systems is no comparison to the INFY, TCS, WIPRO, look how diversified these companies are, look at their geographies, with Product company there is a good margin and a very high risk, also product companies have to spend a lot of money on their Intellectual Pool which thereby adds up to the cost, your analysis of 30% EPS growth does not look real for a company which is so concentrated to US market ONLY.

FYI only.....
Infratech has been awarde CARE IPO Grade 3

PSL A GOOD CO AND A GOOD IPO
IN FY '10 THE CO WILL POST AN EPS OF RS.25 AND IN FY'10 CONSIDERING A GROTH OF 30% EPS FOR FY'11 WILL BE RS.33-35
SO AT RS.310 IT WILL BE TRADING AT 9 TIMES FY'11, I HAVE A FEELING IT WILL SURELY COMMAND 12-13 PE SO PRICE COMES TO AROUND RS.13*35=455 THATS THE TARGET FOR ME I DONT KNOW THE GMP

ITS BV FOR FY'10 WILL BE RS 155 AND FOR FY'11 RS 190
SO AT RS.4550 ITS 2.4 TIMES BOOK BUT OTHERS LARGE CAP STOCK LIKE INFY, TECHM, TCS, ETC TRADES AT PRICE TO BOOK BETWEEN 5-10 TIMES

SO 450 IS THE TARGET FOR ME,12-14 TIMES IN RETAIL EXPECTED

@188 give it time ... it will definitely get oversubscribed.