Persistent System Limited
ANALYSIS OF PUBLIC ISSUE OF PERSISTENT SYSTEM LIMITED
|Sr No |Particulars |
|1 |Executive Summary |
|2 |The Company |
|3 |Salient Features of Persistent Systems Ltd. Public Issue |
|4 |Financial Planning at Persistent Systems Ltd. |
|5 |Valuation of Persistent Systems Ltd. Public Issue |
|6 |Timing of Persistent Systems Ltd. Public Issue |
|7 |Assessment of Alternate Modes of Raising Capital for Persistent Systems Ltd. |
Executive Summary
➢ Persistent Systems Ltd. (PSL) was promoted by technocrats Dr. Anand Deshpande and Mr. S. P. Deshpande in 1990 as an outsourcing software product development company. The company provides product development services across the entire value chain of the product development to independent software vendors and telecom industry. The company has around 220 customers, of which top 10 account for around 41% of its revenues.
➢ Outsourced software product development (OPD) is an emerging segment in the outsourced software industry. OPD companies[pic] build software products for their customers. The US is a major market for OPD companies.
➢ IDC which defines R & D / PE services as the taking over of the R&D of a product company’s value chain (in part or full) by a third-party services organization, forecasts a 5-year CAGR of 14% for R & D / Product Engineering (PE) services, size of which will reach an estimated $65.7bn by 2013.
➢ PSL
|Sr No |Particulars |
|1 |Executive Summary |
|2 |The Company |
|3 |Salient Features of Persistent Systems Ltd. Public Issue |
|4 |Financial Planning at Persistent Systems Ltd. |
|5 |Valuation of Persistent Systems Ltd. Public Issue |
|6 |Timing of Persistent Systems Ltd. Public Issue |
|7 |Assessment of Alternate Modes of Raising Capital for Persistent Systems Ltd. |
Executive Summary
➢ Persistent Systems Ltd. (PSL) was promoted by technocrats Dr. Anand Deshpande and Mr. S. P. Deshpande in 1990 as an outsourcing software product development company. The company provides product development services across the entire value chain of the product development to independent software vendors and telecom industry. The company has around 220 customers, of which top 10 account for around 41% of its revenues.
➢ Outsourced software product development (OPD) is an emerging segment in the outsourced software industry. OPD companies[pic] build software products for their customers. The US is a major market for OPD companies.
➢ IDC which defines R & D / PE services as the taking over of the R&D of a product company’s value chain (in part or full) by a third-party services organization, forecasts a 5-year CAGR of 14% for R & D / Product Engineering (PE) services, size of which will reach an estimated $65.7bn by 2013.
➢ PSL