Housing and Urban Development Corporation Ltd IPO Message Board (Page 84)

PSP Projects offers a range of construction and allied services across industrial, institutional, government and residential projects. Photo: Indranil Bhoumik/Mint
Mumbai: PSP Projects Ltd, an Ahmedabad-based construction company, on Tuesday said it will launch its initial public offering on 17 May.

A price band of Rs205-210 per share has been set for the initial share sale. The offering, which will close on 19 May, comprises a fresh issue of shares and an offer for sale by the promoters of the company.

PSP Projects will sell as many as 10.08 million shares, which at the upper end of the price band will fetch the company and its promoters a total of Rs211.6 crore, including a primary fund raise of Rs151 crore.

The company plans to use the IPO proceeds to fund working capital and capital expenditure requirements and for general corporate purposes.

Karvy Investor Services Ltd and Motilal Oswal Investment Advisors Ltd are managing the initial share sale.

PSP Projects reported revenue of Rs467.7 crore for the year ended 31 March 2016, as compared with Rs286.9 crore in the previous year. It posted a profit of Rs24.9 crore for FY 2015-16, as against Rs14 crore in the previous year. For the nine months ended 31 December, the company posted revenue of Rs249.4 crore.

PSP Projects offers a range of construction and allied services across industrial, institutional, government and residential projects in India. The services offered include planning and design as well as construction and post-construction activities. Since its incorporation in August 2008, the company has executed 80 projects.

Gujarat has been the company’s focus region, though it has recently started bidding for projects across India.

Some of the major projects handled by PSP Projects include the construction of GCS Medical College, Hospital and Research Centre (managed by the Gujarat Cancer Society) and the Zydus Hospital at Ahmedabad, and various works in relation to the Sabarmati Riverfront Development project at Ahmedabad.

PSP Projects’s client list includes Cadila Healthcare Ltd, Care Institute of Medical Sciences Ltd (CIMS), Claris Injectables Ltd, Emcure Pharmaceuticals Ltd, Gelco Electronics Pvt Ltd, government of Gujarat, Intas Pharmaceutical Ltd, Amul Dairy, Nirma Ltd and Torrent Pharmaceuticals Ltd.

The company’s total order book, as of 31 March, stood at Rs729.1 crore, comprising 17 institutional projects, four industrial, four government and two government residential projects.

Below are the list of the IPO''s which may hit in 2017

CDSL      
Continental Warehousing      
Prataap Snacks      
NSE India IPO      
GVR Infra Projects Limited      
Paranjape Schemes Limited      
SSIPL Retail Limited      
Matrimony.com      
Sandhar Technologies Limited      
Maini Precision Products Limited      
KPR AGROCHEM LIMITED      
New Delhi Center for Sight Limited      
Nihilent Techonologies Limited      
Hinduja Leyland Finance Limited      
Seaways Shipping and Logistics Limited      
Mas Financial Services      
SIS Limited      
Vodafone India      
SBI Life Insurance      
Go Airlines      
Aster DM Healthcare      
Security & Intelligence Services      
Genesis Colors      
G R Infraprojects      
Cent Bank Home Finance Limited (CBHFL)      
VLCC Health Care      

PSP Projects open on 17th May

NEW IPO
PSP PROJECTS LIMITED

OPEN 17/05/2017
CLOSE 19/05/2017

PRICE BAND 205- 210
LOT SIZE 70 SHARES

Can anyone, for the sake of new investors, explain how grey market works ? In little what is Kostak, GMP ? How to and where to sell ? Is it purely works on trust basis as we don''t know the person ? What happens in case allotment doesn''t happen for that application ?

Go through the FAQ

Alankig is good registrar fair allotment is expected this time

HUDCO IPO

NO OF APP. RECEIVED TILL TODAY

707921 app.

GMP- 26-26.5
APP -. 1000-1050

Please expand the abbreviations . I am new to this . Also it will be great if someone can explain the impact of buying in grey market ?

Can we apply as an NII ? I mean Do we need to take any permission to make bid as an NII?

On10 may is holiday so can we apply application online ipo hudco on that day

Can we apply ipo online at 10 may this is holyday

HUDCO SUSBSCRIPTION

QIB. - 0.92
HNI. -. 0.80
RET. -. 3.6
EMP. -. 0.03

TOTAL. - 1.81

GMP-. 27-28
APP-. 1100-1200

Jaipur Tiger Ji, Mere Pass 200 application hai sold karana hai 1250 me app buy kijiyega ?

What is APP?

What is APP?

Some one tell me which bank is providing online ASBA for 5 applications from one Account other than State Bank. Thanks in Advance.

IOB
BOB
UNION BANK
UCO BANK

almost every public sector bank allows 5 applications

I had applied in cdsl through icici. Please suggest is this right ? Because I m first time applied in cdsl. So I have no idea about filling.

i have applied more than 2 lakhs with cut off price throu SBI ASBA. will it be taken as hni or will be rejected.anyone may pl clarify

It will b treated as Hni..( as per my view)..bt as per my knowledge u cn modify.....

In Jaipur,
Kostak = Rs.1200
Subject to Allotment = 5000

Hi,
What is the maximum number of shares a retail investor can apply for in this IPO at the cutoff price ?
I know for the fact that the max limit is 2 Lack per investor.
I read somewhere that the max limit here is 3400 shares.
But if we do the match 3400 * 60 = 204000
If we have a 2 Rs discount then the amount is 3400 * 58 = 197200 and the bid amount still remains 204000.
How does this work ?

Latest GMP Please

82-90

means GMP 22-30

Dear Admin
Please open a Fresh page for upcoming ipo PSP PROJECTS(17 to 19 may)

Thanks

hudco
25.5-26

HUDCO SUSBSCRIPTION

QIB. - 2.96
HNI. -. 0.94
RET. -. 4.12
(APP WISE -. 2.02 TIMES)
EMP. -. 0.21

TOTAL. - 3.01

GMP-. 27-28
APP-. 1100-1200

Its amazing that its crossed 2x subscription. Can you provide no of appliactions