PSP Project IPO Subscription Status – IPO Subscribed 8.51 times

IPO Initial Public Offerings

PSP Projects IPO Subscription: Detail of PSP Projects IPO Subscription from May 17 to May 19. As the grey market is not interested in this IPO we might get less subscription in this IPO. The things are not looking good for this IPO but it does not mean that this ipo will not give good return. As per the grey market its seen that the IPO might list on discount but we are eyeing the subscription numbers if it goes high in QIB and NII we might have good listing as well.

PSP Projects IPO Subscription: (Fully Subscribed)

DayQIBNIIRIITotal
Day 10.000.150.380.11
Day 2 0.040.161.100.27
Day 3 8.3710.386.098.51

PSP Projects IPO Dates & Price Band:

  • IPO Open: 17-May-2017
  • IPO Close: 19-May-2017
  • IPO Size: Approx Rs. 211 Crores
  • Face Value: Rs. 10 Per Equity Share
  • Price Band: Rs. 205 to 210 Per Share
  • Listing on: BSE & NSE

PSP Projects IPO Market Lot:

  • Shares: Apply for 70 Shares (Minimum Lot Size)
  • Amount: Rs. 14700

PSP Projects IPO Allotment & Listing:

  • Basis of Allotment: 24 May 2017
  • Refunds: 26 May 2017
  • Credit to demat accounts: 26 May 2017
  • Listing: 29 May 2017
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