|Issue Date||17/05 - 19/05|
|Issue Size||₹211.68 Cr|
|Market Lot||70 Shares|
|Shares on Offer||2,880,000|
|Subject to Sauda||N/A|
PSP Projects is a multidisciplinary construction company offering a diversified range of construction and allied services across industrial, institutional, government, government residential and residential projects in India. They provide our services across the construction value chain, ranging from planning and design to construction and post-construction activities to private and public sector enterprises. Historically, they have focused on projects in the Gujarat region. We have completed and continue to undertake construction projects in this region. More recently, they have geographically diversified our portfolio of services and are undertaking or have bid for projects pan India.
Over the years, they have successfully executed a number of prestigious projects across Gujarat. One of the first major projects that we completed was the construction of the GCS Medical College, Hospital and Research Centre (managed by the Gujarat Cancer Society) in June 2012. Subsequently, they have successfully executed a number of prestigious projects, including, inter alia, the construction and interior works of Swarnim Sankul 01 and 02 at Gandhinagar, the construction of the Zydus Hospital at Ahmedabad, and various works in relation to the Sabarmati Riverfront Development project at Ahmedabad. Further, they have completed or are currently undertaking projects for a number of reputed customers, including, inter alia, Cadila Healthcare Limited, Care Institute of Medical Sciences Limited (CIMS), Claris Injectables Limited, Emcure Pharmaceuticals Limited, Gelco Electronics Private Limited, GCS Medical College, Hospital and Research Centre (managed by the Gujarat Cancer Society), the Government of Gujarat (through the Executive Engineer, Capital Project Division), Inductotherm (India) Private Limited, Intas Pharmaceutical Limited, Kaira District Co-operative Milk Producers’ Union Limited (Amul Dairy), KHS Machinery Private Limited, Nirma Limited, Sabarmati River Front Development Corporation Limited, Torrent Pharmaceuticals Limited and WTC Noida Development Company Private Limited.
Their execution capabilities have grown significantly with time, both in terms of the size of projects that they bid for and execute, and the number of projects that they execute simultaneously. Since their incorporation in August 2008, they have executed over 71 projects as of November 30, 2016. Their Chairman and Managing Director and CEO, namely Prahaladbhai Shivrambhai Patel, who is also our Promoter, has been associated with the construction business for over 30 years and has been instrumental in the growth of our Company.
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.
|Total Assets (In ₹ Millions)||2,287.13||1,863.78||1,362.71||1,009.60||918.53|
|Total Revenue (In ₹ Millions)||4,677.14||2,869.67||2,147.97||2,609.69||1,807.53|
|Profit After Tax (PAT) (In ₹ Millions)||249.31||140.54||100.70||122.50||83.52|
|Date & Time||QIB||NII||RII||Total|
|Day 1 - May 17,2017||0.00||0.15||0.38||0.11|
|Day 2 - May 18,2017||0.04||0.16||1.10||0.27|
|Day 3 - May 19,2017||8.38||10.39||6.47||8.58|
Please click the link below to check the IPO allotment status.IPO Allotment Status
PSP Projects Ltd IPO IPO will open on 17/05 and close on 19/05.
PSP Projects Ltd IPO IPO will list on 29/05.
The offer price of PSP Projects Ltd IPO IPO is ₹205-210.
The lot size of PSP Projects Ltd IPO IPO is 70.
The Grey Market Premium (GMP) price of PSP Projects Ltd IPO IPO is Not Available at the moment.
The Kostak price of PSP Projects Ltd IPO IPO is Not Available at the moment.
The Subject to Sauda price for PSP Projects Ltd IPO IPO is Not Available at the moment.
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