Persistent Systems IPO bid 0.09 times on the opening day - Indian IPO Blog

Wednesday, March 17, 2010

Persistent Systems IPO bid 0.09 times on the opening day

Persistent Systems Limited IPO, which opened for subscription from today, i.e. Wednesday, March 17, 2010, has got a unimpressive response on its opening day with the IPO receiving subscription only upto 9% on an overall basis. The Retail Category, however, has received 32.89% subscription on first day. Following is the category-wise Bidding Status of Persistent Systems IPO on Day 1:

Persistent Systems IPO - Bidding Status on Day 1, i.e. on Wednesday, March 17, 2010 1700 hrs IST:
QIB: 0.00 times
Non-Institutional Investors: 0.05 times
Retail: 0.33 times
Employees: 0.00 times
Overall: 0.09 times


Update: Persistent Systems IPO subscribed 5.67 times till Day 2
 

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