Persistent Systems Ipo Listing Price

Persistent systems ipo listing price

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India-headquartered technology company


Traded asBSE: 533179
IndustryIT Services
Founded1990, Pune, India
Headquartered in Pune, India

Key people

  • Dr.

    Anand Deshpande (Founder, Chairman and Managing Director)

  • Christopher O'Connor (Chief Executive Officer)
  • Sandeep Kalra (President, Technology Services)
  • Atul Khadilkar (President, Delivery Operations, Technology Services)
  • Mark Simpson (President, IBM Alliance)
RevenueUS$480.97 Million (FY19)[1]

Number of employees


Persistent Systems is a technology services company which was incorporated on 16 May 1990 as Persistent Systems Private Limited.

Persistent systems ipo listing price

It was subsequently converted into a public Limited company on 17 September 2010 with the name Persistent Systems Limited and a new certificate of incorporation was issued on 28 September 2007 from the RoC.[2]

Shares in the company were listed on the National Stock Exchange of India in March 2010.[3] The operations of Nagpur-based Infospectrum India Private, an outsourced private development of US company Infospectrum, were taken over by Persistent in February 2011.[4]

The company organizes an annual hackathon called Semicolons for its employees.[5] The company also organizes IBM's Call for Code hackathon at its Goa, Nagpur and Pune offices.[6]

Collaborations and Acquisitions[edit]

  • 2019: Persistent Systems Joins Siemens’ MindSphere Partner Program to Deliver Industrial IoT Services[7]
  • 2017: Persistent Systems Acquires PARX – Platinum Salesforce Consulting Partner in DACH Market
  • 2016: Persistent Systems Launches Specialized Engineering Services for IBMWatsonIoT Platform[8]
  • 2016: Persistent Systems and REACHNet to Demonstrate Innovative Research Specific Informatics Infrastructure at HIMSS 2016 Conference[9]
  • 2016: Persistent acquires PRM Cloud Solutions - a consulting partner, engaged in building digital experiences on Salesforce1 cloud platform.[10]
  • 2016: Persistent product arm Accelerite purchases Citrix's products CloudPlatform (Based on Apache Cloud Stack) and CloudPortal Business manager[11]
  • 2015: Persistent Systems completed the acquisition of the digital content management solutions business of US-based Akumina.
  • 2012: Persistent Systems Strengthens Product Maintenance & Support Business; Acquires Openwave’s Location Business[12]


External links[edit]

Pingala-Aryabhata, Persistent