58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Persistent Systems Limited IPO (Persistent Systems IPO) Details

Persistent Systems Limited is an Information Technology based company, located in Pune, Persistent Systems Limited IPO size was 168.01 Cr. and was issued at 310.00 per share. The share of Persistent Systems Limited were listed at 408.00 per share and are currently trading at 4836.00 per share.

Type :
Sub Sector : Software Solutions
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
600.68 Cr.

PAT :
66.76 Cr.

Pricing Report

Issue Price :
310.00

Listing Price :
408.00

Current Market Price :
4836.00

Issue Price vs CMP :
4681 (3,020.00%)

listing Price vs CMP :
4632 (2,270.59%)

Performance Report (CAGR* wise)

CAGR : 25.69
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Persistent Systems

Company Information
Persistent Systems Limited believes it is one of the market leaders in outsourced software product development services. As an OPD (Outsourced Product Development) specialty company, it offers customers the advantages of offshore delivery. The company is involved in designing, developing, and maintaining software systems and solutions, as well as creating new applications and enhancing the functionality of customers' existing software products. It delivers services across all stages of the product lifecycle, enabling collaboration with a wide range of customers and facilitating the development, enhancement, and deployment of their software products.

Recognized as one of the leading technology companies in the Deloitte Touche Tohmatsu Technology Fast 500 Asia Pacific 2009, the company has substantial experience in key areas such as telecommunications, life sciences, and infrastructure
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Object of Issue
  • Establish their development facilities
  • Capitalise their Subsidiaries for establishing development facilities and meeting fit outs and interior design costs
  • Procure hardware
  • Fund expenditure for general corporate purposes and
  • Achieve the benefits of listing on the Stock Exchanges

Persistent Systems MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Apr, 2010
IPO Size :
168.01 Cr.
IPO Subscription :
93.60 X     
PE Multiple :
16.25
Merchant Banker :
Axis Capital Limited
IPO Registrar:
Link Intime India Private Limited
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Peer Companies Of This Sector

FAQs

Persistent Systems operates in Information Technology and Software Solutions. The Issue is listed on BSE,NSE in Apr, 2010. Persistent Systems IPO size was 168.01 Cr. with Issue price of 310.00 .

Merchant Banker(s) of Persistent Systems IPO: Axis Capital Limited , J.P. Morgan India Private Limited

Persistent Systems IPO subscription was 93.60 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Persistent Systems IPO listed at a listing price of 408.00 against the offer price of 310.00.

The current market price of Persistent Systems is 4836.00.

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