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Persistent Systems Ltd.
Issue Open Date 17-Mar-10  
Issue Closing Date 19-Mar-10  
Application Money 100  
Allotment Money  
Price Band () 290 - 310  
Minimum Bid Quantity. 20  
Issue Size (Shares) 5419706  
Market Lot 1  
Objective

The objects of the Issue are to (a) establish our development facilities (b) capitalise our Subsidiaries for establishing development facilities and meeting fit outs and interior design costs (c) procure hardware (d) fund expenditure for general corporate purposes and (e) achieve the benefits of listing on the Stock Exchanges.

Business Description

Company Overview We believe that we are one of the market leaders in outsourced software product development services. We are an OPD specialty company, offering our customers the benefits of offshore delivery. We design, develop and maintain software systems and solutions, create new applications and enhance the functionality of our customers‘ existing software products. We deliver services ac...

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Promoter's Holding
Total Share Capital   35861000  
Offered to Public   5419706  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)   38.85  
Address
Address :Bhageerath 402
Senapati Bapat Road
City :Pune, State :Maharashtra Pincode :411016 Phone :020-67035555 Email : info@persistent.com Website : www.persistent.com
Registrar
MUFG Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
Listed at
BSE, NSE
Lead Manager
Enam Securities Pvt Ltd
JP Morgan India Pvt Ltd
Promoters
Anand Deshpande
S P Deshpande
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