PSP Projects Ltd IPO

Add to Calendar 2017-05-17 12:00 AM 2017-05-19 12:00 AM Asia/Kolkata PSP Projects Ltd IPO PSP Projects Ltd India

PSP Projects Limited is a multidisciplinary construction company offering a diversified range of construction and related services across various sectors. The company has executed many prestigious projects across Gujarat and has plans to bid for projects pan India.

Date of establishment: PSP Projects was established in 2008.  

Product & Service Offering: PSP Projects constructs industrial buildings for customers in multiple sectors. The company provides services across the construction value chain, ranging from planning to construction and post construction activities.

Promoters of PSP Projects Ltd.:  The promoters of the firm are Mr. Prahaladbhai Shivrambhai Patel and Ms. Shilpaben Patel.

Customer segment: The company offers its services to public and private sector enterprises belonging to sectors such as food processing, healthcare and education.

Objects of the Issue:

The objects of the issue are:

-      Working capital requirements
-      Capital expenditure requirements
-      General corporate purposes

 

Company Financials:

 

Particulars

For the year/period ended (in Rs. Million)

 

31-Dec-16

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

31-Mar-12

Total Assets

2,741.50

2,287.13

1,863.78

1,362.71

1,009.60

918.53

Total Revenue

2,494.15

4,677.14

2,869.67

2,147.97

2,609.69

1,807.53

Profit After Tax (PAT)

214.83

249.31

140.54

100.70

122.50

83.52

 

 

Issue Detail

  • Issue Open: May 17, 2017
  • Issue Close: May 19, 2017
  • Issue Type: Book Built Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 205 - Rs 210 Per Equity Share
  • Bid Lot:70 Shares
  • Minimum Order Quantity:70 Shares
  • Listing At: BSE, NSE
  • Issue Size: • Rs 211.68 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 3,024,000 1,512,000 1,008,000 - - 5,544,000
Day 1 - May 17, 2017IST 0.0000 0.1500 0.3800 - - 0.1100
Day 2 - May 18, 2017IST 0.0400 0.1600 1.1044 - - 0.2708
Day 3 - May 19, 2017IST 8.3800 10.3900 6.4700 - - 8.5800

Listing Day Trading Information

- BSE NSE
Issue Price Rs 210.00 Rs 210.00
Open Rs 199.00 Rs 190.00
Low Rs 189.05 Rs 190.00
High Rs 208.95 Rs 199.50
Last Trade Rs 208.95 Rs 199.50
Volume 181,252 425,256

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