Persistent Systems closes with a premium of 31 percent on Listing Day

Persistent Systems Ltd., which listed on the Exchanges today, has closed at Rs.408/- on BSE as against an Issue Price of Rs.310/- per equity share. It opened at Rs.400, at premium of 29% over its issue price and touched a high of Rs.448 with a low of Rs.386/- on BSE. On the NSE, Persistent Systems Ltd. touched a high of Rs 447.30 and low of Rs.361.60 on the Listing Day (Click here for summary of Persistent Systems IPO Listing Price)

Persistent Systems IPO had received gigantic over-subscription figures in QIB, HNI as well as the Retail Category. The IPO had received an excellent response from the three categories of investors, with over-subscriptions in QIB and HNI Categories going well beyond 100 times, and Retail Category crossing an amazing 20 times. Click here to check out category-wise subscription status