Monday, March 22, 2010

Persistent Systems IPO final bidding info,

Persistent Systems IPO finally subscribed 93.60 times (21.69 times in retail). Persistent Systems IPO was open on Mar 17, 2010 and closed on Mar 19, 2010 for subscription. Persistent Systems IPO has received bids for 50,73,04,700 shares as against issue size of 2,91,72,500 shares.

Sr.No.CategoryNo.of shares offered/reservedNo. of shares bid forNo. of times of total meant for the category
1Qualified Institutional Buyers (QIBs)2926638422687360144.4276
1(a)Foreign Institutional Investors (FIIs) 277520780 
1(b)Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) 74874100 
1(c)Mutual Funds 59684720 
1(d)Others 10607760 
2Non Institutional Investors48777352549140107.7328
2(a)Corporates 31974600 
2(b)Individuals (Other than RIIs) 20437560 
2(c)Others 136980 
3Retail Individual Investors (RIIs)14633193173782021.6889
3(a)Cut Off 28844200 
3(b)Price Bids 2893620 
4Employee Reservation5419763303800.6096
4(a)Cut Off 328300 
4(b)Price Bids 2080