Exchanges
BSE, NSE
Industry
Civil Construction
Issue
Book building

PSP Projects IPO

₹199.50

−5.00% on listing

Listing-day close · NSE · 29 May 2017 · issue price ₹210

PSP Projects’ ₹212 crore IPO was priced at ₹210 a share. It listed on the NSE on 29 May 2017 and closed its first day at ₹199.50, down 5.00% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹212 Cr
Fresh issue
₹151 Cr
Offer for sale
₹60.48 Cr
Lot size
70 shares
Minimum investment
₹14,700
Face value
₹10
Registrar
Kfin Technologies

Subscription

PSP Projects IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—5.02×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹756 Cr
Promoter holding
99.99% → 71.99%

From the offer documents.

Listing

Listing date
29 May 2017
Issue price
₹210
Open
₹190.00
High
₹199.50
Low
₹190.00
Close
₹199.50

Listing day on the NSE. The close was −5.00% on the issue price.

PSPPROJECT share price today

FAQs

When did the PSP Projects IPO open and close?

It opened on 17 May 2017 and closed on 19 May 2017.

What was the PSP Projects IPO price?

The price band was ₹205–210 a share. The final issue price was ₹210.

What is the lot size and minimum investment?

One lot is 70 shares, ₹14,700 at ₹210 a share. Retail investors apply in whole lots.

How much did PSP Projects raise?

₹212 crore: ₹151 crore of new shares and ₹60.48 crore offered by existing shareholders.

How many times was the PSP Projects IPO subscribed?

5.02 times overall.

How did PSP Projects list?

It listed on the NSE on 29 May 2017 at ₹190.00 and closed the day at ₹199.50, down 5.00% on the ₹210 issue price.

Who is the registrar of the PSP Projects IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

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