Persistent Systems listing | Persistent Systems listing above 400

Persistent Systems listing | Persistent Systems listing above 400

IT firm Persistent Systems on Tuesday listed with a premium of 29 per cent at Rs 400 on the Bombay Stock Exchange.
The scrip opened at Rs 400 and rallied Rs 138 a share, or 44.52 per cent, to a high of Rs 448 in the morning trade on the BSE

The company had entered capital market with a public issue of 54,19,706 equity shares during March 17-19. The issue was subscribed 93.6 times on the back of QIB support and the price band was at Rs 290-310 per share.

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