Persistent Systems opens QIP, floor price set at INR 5,550, size up to USD 450 mn

QIP at a discountFund Raising View source PDF Explain this filing

PERSISTENT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-2.0%Reaction day

₹5858.50

prior close

₹5820.00

announcement price

After-mkt

timing

Nifty Midcap 150market-0.8%-1.2% vs market

Computers - Software & Consulting peers, median of 62sector-1.4%-0.6% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty Midcap 150 and 0.6 pts less than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.3

10m

-0.6

15m

-0.1

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.0-0.8-1.2-1.4-0.6

Next day

-2.2-2.9+0.6-3.2+1.0

-0.1-1.8+1.7-3.1+3.0

-0.4-0.9+0.5-2.3+1.9

-0.7-0.6-0.0-3.4+2.8

+0.4+0.2+0.2-2.0+2.4

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15d

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UpDownMarket · Nifty Midcap 150Sector · Computers - Software & Consulting peers, median of 62Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Persistent Systems opens QIP with floor price INR 5,550 per share (relevant date October 21, 2026). Company may offer up to 5 percent discount on the floor price. Issue size up to USD 450 million, about INR 42,646 million (RBI rate INR 94.77 per USD). Book runners: J.P. Morgan India, IIFL Capital, HSBC Securities. Shareholders approved via special resolution on October 5, 2026. Trading window closed for insiders till further notice.

Likely market impact

Equity dilution likely from QIP at floor price with up to 5 percent discount. Stock may see pressure around pricing depending on institutional demand.