IPO Synopsis
Home >> IPO >> IPO Synopsis
PSP Projects Ltd
Registered Office:
PSP House Opposite Celesta,Courtyard Iscon-Ambli Road,
Ahmedabad - 380054,
Gujarat, India.
Public issue of up to 10,080,000 equity shares of face value of (Rs) 10 each (The "Equity Shares") of PSP Projects Limited ("The Company" or The "Issuer") for cash at a price of (Rs) 210 per equity share (including a share premium of (Rs) 200 per equity share) aggregating up to (Rs) 211.68 crores comprising a fresh issue of up to 7,200,000 equity shares aggregating up to (Rs) 151.2 crores (The "Fresh Issue") and an offer for sale of up to 1,584,000 equity shares by Prahaladbhai Shivrambhai Patel, up to 576,000 equity shares by Shilpaben Patel, up to 288,000 equity shares by Pooja Patel and up to 432,000 equity shares by Sagar Patel (together referred to as the "selling shareholders") aggregating up to (Rs) 60.48 crores (the "offer for sale" and together with the fresh issue, the "issue"). The issue will constitute [*]% of the company's post-issue paid-up equity share capital. The issue price (Rs)210 per equity share of face value of (Rs)10 each. The issue price is 21 times of the face value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
17-May-17
19-May-17
210.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 70   Further Multiples of : 70
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
0.00
Karvy Investor Services Ltd
Project Financed through Current Offer
211.68
 
Post Issue Equity Share Capital
0.00
 
Issue Price
210.00
 
Projects
Funding working capital requirements
Funding capital expenditure requirements
General corporate purposes
Promoted By
Prahaladbhai Shivrambhai Patel
Shilpaben Patel
Listing At
BSE
NSE
Registrar to the Issue
Karvy Computershare Pvt Ltd
Adani Ports & Special Economic Zone Ltd     315.35   Up   1.45 (0.46%)   Asian Paints Ltd     1,235.40   Down   -23.60 (-1.87%)   Axis Bank Ltd     562.55   Down   -13.50 (-2.34%)   Bajaj Auto Ltd     2,510.25   Down   -37.55 (-1.47%)   Bajaj Finance Ltd     2,140.50   Down   -10.00 (-0.47%)   Bajaj Finserv Ltd     5,419.20   Up   38.95 (0.72%)   Bharat Petroleum Corporation Ltd     283.55   Down   -1.60 (-0.56%)   Bharti Airtel Ltd     287.30   Down   -1.20 (-0.42%)   Bharti Infratel Ltd     264.45   Up   4.45 (1.71%)   Cipla Ltd     633.80   Down   -6.65 (-1.04%)   Coal India Ltd     275.15   Down   -4.75 (-1.70%)   Dr Reddys Laboratories Ltd     2,552.35   Down   -12.65 (-0.49%)   Eicher Motors Ltd     21,625.30   Down   -352.80 (-1.61%)   GAIL (India) Ltd     344.30   Down   -1.05 (-0.30%)   Grasim Industries Ltd     874.75   Down   -7.20 (-0.82%)   HCL Technologies Ltd     958.50   Down   -65.75 (-6.42%)   HDFC Bank Ltd     1,967.75   Down   -6.85 (-0.35%)   Hero Honda Motors Ltd     2,712.75   Down   -94.80 (-3.38%)   Hindalco Industries Ltd     227.00   Down   -0.75 (-0.33%)   Hindustan Petroleum Corporation Ltd     215.90   Up   8.60 (4.15%)   Hindustan Unilever Ltd     1,578.40   Up   16.40 (1.05%)   Housing Development Finance Corporation Ltd     1,660.25   Down   -77.55 (-4.46%)   ICICI Bank Ltd     315.45   Up   0.65 (0.21%)   Indiabulls Housing Finance Ltd     653.80   Down   -134.85 (-17.10%)   Indian Oil Corporation Ltd     133.15   Up   0.85 (0.64%)   IndusInd Bank Ltd     1,576.70   Down   -27.20 (-1.70%)   Infosys Technologies Ltd     683.55   Down   -21.80 (-3.09%)   ITC Ltd     289.45   Up   3.00 (1.05%)   JSW Steel Ltd     363.50   Up   1.85 (0.51%)   Kotak Mahindra Bank Ltd     1,198.95   Up   22.95 (1.95%)   Larsen & Toubro Ltd     1,206.05   Down   -5.85 (-0.48%)   Mahindra & Mahindra Ltd     741.20   Down   -18.20 (-2.40%)   Maruti Suzuki India Ltd     6,756.45   Down   -129.15 (-1.88%)   NIFTY (S&P CNX)     10,303.55   Down   -149.50 (-1.43%)   NTPC Ltd     161.45   Down   -1.45 (-0.89%)   Oil & Natural Gas Corpn Ltd     160.45   Down   -1.65 (-1.02%)   Power Grid Corporation of India Ltd     189.15   Up   0.05 (0.03%)   Reliance Industries Ltd     1,101.30   Down   -50.00 (-4.34%)   State Bank of India     261.10   Down   -0.05 (-0.02%)   Sun Pharmaceuticals Industries Ltd     609.95   Up   16.50 (2.78%)   Tata Consultancy Services Ltd     1,913.20   Down   -16.20 (-0.84%)   Tata Motors Ltd     174.70   Down   -5.25 (-2.92%)   Tata Steel Ltd     554.95   Up   0.30 (0.05%)   Tech Mahindra Ltd     690.80   Down   -29.70 (-4.12%)   Titan Company Ltd     788.70   Down   -11.40 (-1.42%)   UltraTech Cement Ltd     3,609.60   Down   -113.40 (-3.05%)   UPL Ltd     644.35   Up   6.10 (0.96%)   Vedanta Ltd     211.10   Up   3.15 (1.51%)   Wipro Ltd     323.15   Down   0.00 (0.00%)   Yes Bank Ltd     217.90   Down   -14.00 (-6.04%)   Zee Entertainment Enterprises Ltd     455.20   Down   -8.40 (-1.81%)      NSE Data  -  www.nseindia.com (5 minutes delayed) syndicated by www.cmots.com