Persistent Systems Ltd. IPO has been subscribed more than 3.5 times on an overall basis till 1500 hrs IST on its second day as per data available on NSE Website. Persistent Systems Limited IPO, which opened for subscription from Wednesday, March 17, 2010, had got a unimpressive response on its opening day with the IPO receiving subscription only upto 9% on an overall basis
The IPO closes for subscription tomorrow, i.e. Friday, February 19, 2010. Stay tuned to Indian IPO Blog for Persistent Systems IPO subscription status updates
Update: Persistent Systems IPO gets enormous subscription, oversubscribed 93 times till 5:00 PM on closing day