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Open
17 May 2017
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Close
19 May 2017
3
Allotment
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Listing
Mon, May 29, 2017
Price Band
₹205 to ₹210
Issue Size
1,00,80,000 shares (agg. up to ₹212 Cr)
Lot Size
70 Shares
Listing Date
Mon, May 29, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 5.02x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2016 | 31 Mar 2016 | 31 Mar 2015 | 31 Mar 0014 |
|---|---|---|---|---|
| Assets | 274.15 | 228.71 | 186.38 | 136.27 |
| Total Income | 249.42 | 467.71 | 286.97 | 214.80 |
| Profit After Tax | 21.48 | 24.93 | 14.05 | 10.07 |
| EBITDA | 32.45 | 39.35 | 22.41 | 16.74 |
| NET Worth | 87.58 | 66.09 | 46.92 | 34.79 |
| Reserves and Surplus | 58.78 | 62.89 | 46.12 | 33.99 |
| Total Borrowing | 77.07 | 44.36 | 32.93 | 25.11 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Dilip Buildcon Ltd. | Mainboard | ₹653.98 Cr | ₹219 | null | ₹251.75 | +14.95% | ₹420.25 (+8.53%) |
| Akash Infra-Projects Ltd. | SME | ₹25.50 Cr | ₹125 | null | ₹128.15 | +2.52% | ₹26.95 (+1.24%) |
| Mewar Hi-Tech Engineering Ltd. | SME | ₹2.34 Cr | ₹22 | null | ₹26.40 | +20.00% | ₹65.00 (+0.00%) |
| Shashijit Infraprojects Ltd. | SME | ₹3.49 Cr | ₹15 | null | ₹15.25 | +1.67% | ₹2.52 (+3.70%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Company | 63.00 |
| 2 | Funding capital expenditure requirements of the Company | 52.00 |
| 3 | General corporate purposes | 26.95 |
About PSP Projects IPO
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.+ Read More
Contact Details
PSP Projects Ltd. AddressPSP House, opposite Celesta Courtyardopposite lane of Vikram Nagar ColonyIscon-Ambli RoadAhmedabad, Gujarat, 380054+91 79 26936200/300/400grievance@pspprojects.comVisit Website