Persistent Systems launches Rs 4,265-cr QIP; floor price set at Rs 5,550/share
60-Word AI Digest
Persistent Systems has opened a qualified institutional placement to raise up to USD 450 million, or about Rs 4,265 crore. The IT company has set the QIP floor price at Rs 5,550 per share and may offer investors a discount of up to 5% under the approved pricing terms.
Key Takeaways
- Persistent Systems has opened a qualified institutional placement to raise up to USD 450 million, or about Rs 4,265 crore.
- The IT company has set the QIP floor price at Rs 5,550 per share and may offer investors a discount of up to 5% under the approved pricing terms.
- Full details and original dispatch available below.
Persistent Systems has opened a qualified institutional placement to raise up to USD 450 million, or about Rs 4,265 crore. The IT company has set the QIP floor price at Rs 5,550 per share and may offer investors a discount of up to 5% under the approved pricing terms.
Original Publisher Attribution
This summary was curated from Economic Times.