Incorporated in 2008, PSP Projects Ltd is an India based construction company offering a diversified range of construction and allied services across industrial, institutional, government, government residential and residential projects.
The company constructs industrial buildings for pharmaceutical plants, food processing units, engineering units and manufacturing and processing facilities; and buildings for hospitals and healthcare services, educational institutes, malls, hospitality services, and corporate offices. They also undertakes government projects and government residential projects; and constructs buildings for group housing and townships, as well as independent residences for select private customers, as well as manufactures ready mix concrete.
They have successfully executed a number of prestigious projects across Gujarat. One of the first major projects that they completed was the construction of the GCS Medical College, Hospital and Research Centre (managed by the Gujarat Cancer Society) in June 2012.
PSP Projects IPO Details
Issue Type | Book Built Issue IPO |
Face Value | ₹10 per equity share |
IPO Price | ₹205 to ₹210 per equity share |
Market Lot | 70 Shares |
Min Order Quantity | 70 Shares |
Listing At | BSE, NSE |
BSE Script Code | 540544 |
NSE Symbol | PSPPROJECT |
ISIN | INE488V01015 |
Issue Size | Aggregating up to ₹211.68 Cr |
Fresh Issue | Aggregating up to ₹[.] Cr |
Offer for Sale | Aggregating up to ₹[.] Cr |
PSP Projects IPO Tentative Timetable
PARTICULAR | DATE |
IPO Open Date | 17-May-17 |
IPO Close Date | 19-May-17 |
Basis of Allotment Date | 24-May-17 |
IPO Listing Date | 29-May-17 |
PSP Projects IPO Lot Size
Application | Lots | Shares | Amount (Cut-off) |
Minimum | 1 | 70 | ₹14,700 |
Maximum | 13 | 910 | ₹191,100 |
IPO Allotment Status
Please Click Hare To Check IPO Allotment Status For PSP Projects Ltd
Company Promoters:
The Promoters of the company are:
- Prahaladbhai Shivrambhai Patel
- Shilpaben Patel
Company Financials:
PARTICULAR | 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 | 100.7 | 122.5 | 83.52 |
Objects of the Issue:
The object of the issue are to:
- Funding working capital requirements of the Company;
- Funding capital expenditure requirements of the Company; and
- General corporate purposes.
Registrar & Company Details
Company Contact Information | PSP Projects IPO Registrar |
PSP Projects Ltd PSP House, opposite Celesta Courtyard, opposite lane of Vikram Nagar Colony, Iscon-Ambli Road, Ahmedabad – 380 054 Phone: +91 79 26936200/300/400 Email: grievance@pspprojects.com Website: http://www.pspprojects.com | KFintech Private Limited Selenium Building, Tower-B, Plot No 31 & 32, Financial District,Nanakramguda, Serilingampally, Rangareddi, Telangana India – 500 032. Phone: 1-800-3454001 Email: pspprojects.ipo@karvy.com Website: https://karisma.kfintech.com/ |