| 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
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