Persistent Systems Limited IPO Message Board (Page 7)

Who and how the listing price is decided?

at present grey mkt is totally dead .....there is no activity in grey mkt...just quating price of persistent at......85-90.......happy listing to all....

832. Gane

U cannot apply. It is considered as multiple application & will be rejected on technical grounds.

hi friends i think should trade above 400+ but last few listing r not so good. my cal has also gone wrong. in IL&FS & united bank thought pradep wil do good 2day was expecting 10Rs. above issue price.(i was not alloted any shares in pradep) but looking at last few listing this time to take cal 4 any 1 is too hard. even in United bank,pradep & IL&FS. they r under value but cant see buyer. So just hope 4 best.

830. Ravi,

Thanks for your response. I think you got my question wrong. My question is whether I can apply for one application in my fathers name with the same dmat account? If I apply one in my name as well, then I can make 2 applications right? I missed persistent because I made just 1 full application. If I can make 2 with different names but single dmat account, then the chances are higher right? correct me if I am wrong.

Thanks.
Gane.

In March-May, look for valuations and invest Rs.10,000 to 30,000 (2 or 3 lots) instead of one full application for 1 lac. Historically, this is dangerous period.

Even with Sensex correction of 10% - 15%, IPO investors may loose more than 50% capital in single stroke!

If Nifty fails to clear 5400-5470 area, that is first signal of correction upto 5130 or roughly 5100. As of now, majaor correction is not expected.

816. Gane

If you are fist holder in your joint a/c, then you cannot apply again as Sole Applicant.

latest grey market premium is 112-115 Rs. Expected listing at 425 Rs.

GIMMY, YOU ARE A NEGTIVE THINKING PERSON. IF YOU HAVE NOT PROPER IDEA OF ANY IPO LISTING DON;T WRITE IN THIS BLOG .DON'T MAKE CONFUSION TO OTHERS,

Persistant will defintely list above 400+ , but will it hold above 400, that's a very touch call by looking at all the recent listings. Even good companies like DQ with good promotors and good growth story did not do the expectations.

Persistant may not fall below 350 levels, but at the same time, it may not give superficial returns also. Promoters Credibality matters in long term and not in the short term.

I have been alloted 20 shares. Hope to sell above 400. If it drifts below 400, then will hold for some time, till it reaches my target.

814 and 825
tomorrow see

I have been alloted 20 shares..but it doesn't show in my demat account yet..my demat account is in ICICI direct..please tell me how to see the alloted shares in it..or they will be visible tomorrow only?

looks like prem have not got any shares in ipo.
i challenge anyone who says it will not list well.
this stock will have a very ggod listing as well as maintain those listing gains and will hedge higher.

guys people who give negative news are becoz they do not get any shares. try to differentiate between excellent management like persistent, cox and kings, jubiliant foodworks and bad management
pradeep overseas is a lala company with no fundamentals whereas persistent is run by IITian with excellent management.

i will come back at 9 a.m tommorrow and all these prem type of people will get vanished during listing.

THANKS, GEM IPO FINDER

PRINCEEEEEEEEEEE

it may list at 50rs premium, but it is likely to go below issue price.book profits early.

it many list at 40rs premium, but it will go below issue price.

819. Gimmy
Please u short and make good money. Don't advise to others.

This is another stock which is going to crash tomw after listing. All IT stocks are bleeding because of Rupee strengthing.

This is a very good stock for shorting. Guys, Short this stock heavily and make good profits on listing.

Cheers!!!

ARSS INfra issued at 450 rs went to 690 on listing and all retailers thought it to be expensive and made an exit. check it now 1114 rs.

persistent will have similar fate issue price 315 listing near 450 rs where retailers will exit and it will go in strong hands and reach 650+. decide urself tommorow on how you want to go.

looking at management unlike lala companies like pradeep
this one is an IITian . they are best barins in world and i have full faith in them and trust them its in safe hands.

disclosure: i have been allotted 20 shares in ipo and looking to add 80 shares on listing if it list below 450 rs.

Don't sell Persistent tomw. We all know that there will be heavy selling after listing which is the case recently in all the IPO's. Hold it for long term you will see good returns. Because after hugh subscription it is not wise to sell for just 20 - 25 % returns.