PSP Projects IPO Dates, Price Band, Market Lot Details

PSP Projects Limited is an Ahmedabad based construction company. They aims to raise Rs.211 crore through Initial Public Offer. The IPO to hit the market on May 17. The price band also looks attractive. They are coming up with fresh IPO of 72 Lakh equity shares. PSP Projects company offers range of construction and allied services to industrial, institutional, government, government residential and residential projects. They are currently active in Gujarat region. They have executed number of prestigious projects in Gujarat.

PSP Projects IPO Review:

Avoid As of Now

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

PSP Projects Financial:
As per the financial growth is looking good. It is doubled since 2013 and the PAT is increasing for last 2 years. We can expect 27-28 crore this fiscal year. The Revenues also increased as well.

Standalone Financial (Rs. in crore)


	2012	2013	2014	2015	2016	Dec-2017
Total revenue	180.7	260.9	214.8	286.9	467.7	249.4
Total expenses	168.3	242.7	199.4	265.7	429.1	217.6
Profit after tax	8.3	12.2	10.0	14.0	24.9	21.4

Company Promoters:
Prahaladbhai Shivrambhai Patel
Shilpaben Patel

Quick Links:
DRHP Draft Prospectus

PSP Projects IPO Registrar:
Karvy Computershare Private Limited
Phone: +91 40 6716 2222
Fax: +91 40 2343 1551
Email: [email protected]
Website: www.karvycomputershare.com

PSP Projects IPO Lead Managers:
Karvy Investor Services Limited
Motilal Oswal Investment Advisors Private Limited

Company Address:
PSP Projects Ltd
PSP House, opposite Celesta Courtyard
Opposite lane of Vikram Nagar Colony
Ahmedabad – 380 054
Phone: +91 79 2693 6200
Fax: +91 79 2693 6500
Email: [email protected]
Website: www.pspprojects.com

Vijay Prajapati

An experienced stock market professional with expertise in IPO research, market insights, and equity strategies. With a strong background in research and capital markets, he delivers comprehensive coverage on upcoming IPOs, subscription patterns, grey market premium (GMP), and post-listing performance, along with detailed reviews, recommendations, and technical analysis.

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Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.