IPO: PSP Projects Limited

PSP projects IPO

♦ ISSUE PERIOD : 17-May-2017 to 19-May-2017
♦ PRICE RANGE: Rs 205 to Rs 210

♦ MARKET LOT: 70 shares

PSP Projects Limited are a multidisciplinary construction company offering a diversified range of construction and allied services across industrial, institutional, government, government residential and residential projects in India. PSP Projects Limited provides their services across the construction value chain, ranging from planning and design to construction and postconstruction activities to private and public sector enterprises. Historically, they have focused on projects in the Gujarat region. They have completed and continue to undertake construction projects in this region. More recently, they have geographically diversified their portfolio of services and are undertaking or have bid for projects pan India.

Source: DRHP

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Issue Period 17-May-2017 to 19-May-2017
Post issue Modification Period 20-May-2017 and 22-May-2017 (between 10.00 a.m. to 1.00 p.m. only)
Issue Size Public issue upto 10,080,000 equity Shares comprising of fresh issue of 72,00,000 equity shares and an Offer for Sale of 28,80,000 equity shares
Issue Type 100% Book Building
Price Range Rs 205 to Rs 210
Face Value Rs 10
Tick Size Re 1
Bid Lot 70 Equity Shares and in multiples thereof
Minimum Order Quantity 70 Equity Shares
Maximum Subscription Amount for Retail Investor Rs. 2,00,000
IPO Market Timings 10.00 a.m. to 5.00 p.m.
Book Running Lead Managers Karvy Investor Services Limited and Motilal Oswal Investment Advisors Limited
Syndicate Member Karvy Stock Broking Limited and Motilal Oswal Securities Limited
Categories FI, IC, MF, FII, OTH, CO, IND, NOH
Name of the Registrar Karvy Computershare Private Limited
Address of the Registrar Karvy Selenium Tower B, Plot 31-32, Gachibowli,Financial District, Nanakramguda,Hyderabad 500 032
Contact person name number and Email id MR M Murali Krishna, +91 40 6716 2222, pspprojects.ipo@karvy.com

Source: NSE

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