PSP Projects Ltd IPO Message Board (Page 9)

It is costly. Stay away from this IPO. It will available in discount after listing. If you want to buy then wait till it comes out of T group. At that time price will also settle at some range.

i want to sell my 4 application in rajkot.

It will become next ''s Chand........

Market is at over brought zone
T GROUP SECURITY
I AM NOT APPLYING IN PSP Projects ltd
we are not happy with Karvy , There are more Ipo losers than gainers when karvy is BRLM and Registrar

Its a flop IPO , will trade on 30% discount after listing.

This site say GREY MARKET IS AT DISCOUT OF 10

Septa ji could I have ur number as I want to follow ur portfolio

He can give u his bank bank details 😂😂😂😂😂😂😂😂: lol

He has given stocks habitually....mostly on same day he invested..what else u need banker???

It WAS 45 BUYER ONLY in
Ahmedabad YESTERDAY late night

PSP PROJ IPO

GMP- 42-44

ALLOTMENT CHANCES LESS THAN 5 %

Standalone net sales stood at Rs 239.10 crore, with the OPM of 13.6%, leading to OP of Rs 32.46 crore in the nine months ended December 2016. Highet margin was due to strong execution of few high margin contracts. Interest cost stood at Rs 5.54 crore and depreciation Rs 5.48 crore, resulting in PBT of Rs 31.75 crore. After providing total tax of Rs 10.27 crore, Pat was Rs 21.48 crore.

On a higher price band of Rs 210, the diluted equity share capital of stands at Rs 36 crore on face value of Rs 10 each. EPS for FY 2016 works out to Rs 6.9. EPS for the nine months ended December 2016 is not annualised due to seasonality of business: generally the second half of every year generates higher revenues compared with the first half. The scrip is offered at P/E multiple of around 30 times FY 2016 earnings.

JMC Projects and Ahluwalia contracts (India) are some of the listed peers. JMC Projects reported standalone net sales of Rs 2484 crore, with Pat of Rs 41.02 crore in FY 2018. EPS for FY 2016 stood at Rs 12.2. At the current market price of Rs 276, the scrip trades at 22.6 times FY 2016 earnings.

Ahluwalia contracts (India) reported standalone net sales of Rs 1249.57 crore, with Pat of Rs 84.41 crore in FY 2016. EPS for FY 2016 stood at Rs 12.6. At the current market price of Rs 397, the scrip trades at around 31 times its FY 2016 earnings.

Most of the past financial track record is due to high-margin government projects that may or may not get repeated. Further, bidding for orders outside Gujarat will not result in a consistent margin performance of the past and business and execution risks will increase going forward, given the size and scale of operations of the company. The scrip at current valuation offers very little for investors.

I need soft or hard copy of IPO application because my broker does not have it.

Not applied.
Please tell procedure.

If you are from Delhi/NCR then I can help you.

PSP Projects IPO – Financial Information (Basis of Valuation)

EPS for FY13-14 >>> Rs.3.50 (Page #98 of RHP)
EPS for FY14-15 >>> Rs.4.88 (Page #98 of RHP)
EPS for FY15-16 >>> Rs.7.86 (Page #98 of RHP)

EPS for 9M16-17 >>> Rs.7.21 (Not Annualized) (Page #98 of RHP)

RoNW for FY13-14 >>> 28.94% (Page #99 of RHP)
RoNW for FY14-15 >>> 29.95% (Page #99 of RHP)
RoNW for FY15-16 >>> 35.48% (Page #99 of RHP)

RoNW for 9M16-17 >>> Rs.24.56 (Not Annualized) (Page #99 of RHP)

NAV as on December 30, 2016 was Rs.29.36 (Page #100 of RHP)

Peer Group (Page #100 of RHP):

Ahluwalia Contracts (India)
Man Infra Construction
Prakash Constrowell
RPP Infra Projects
Nila Infrastructures

Sorry @Eagleye...it comes to 64...correct me please!

apply or avoid?? please tell.

Eagle eye can you please advise if I can apply or avoid the psp project?

Dear Eagleye ,

r you apply psp projects ?

Eagleye - on SCHAND. DONT SELL ON LISTING DAY, IT WILL SHARP RISE AFTER FEW DAYS. HA HA HA.

EE not god..but she was always helpful all member from this site so respect him

PSP Projects IPO

GMP 45.00 – 47.00

@Eagleye...can you please explain the fair price of this ipo ?

PSP Projects IPO – Schedule – Page #387 of RHP

17th May – Offer Opens
19th May – Offer Closes
24th May – Finalisation of Basis of Allotment
26th May – Unblocking of ASBA
26th May – Credit to Demat Accounts
29th May – Listing on NSE & BSE


Issue Information:

Issue Opens on: 17 May 2017
Issue Closes on: 19 May 2017
Issue Type: Book Built Issue IPO
Issue Size: 1,00,80,000 Equity Shares (Fresh Issue 72,00,000 + OFS 28,80,000)
Face Value: Rs. 10 per Equity Share
Issue Price: Rs.205 – Rs.210 per Equity Share
Market Lot: 70 shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 2,88,00,000 Equity Shares
Offer for Sale of 28,80,000 Equity Shares @upper price band = Rs.60.48 Crores
Fresh Issue of 72,00,000 Equity Shares @upper price band = Rs.151.20 Crores
Equity Shares outstanding after the Issue = 3,60,00,000 Equity Shares

Category-wise Break up:.
Anchor – 45,36,000 Shares = 95.26Crs
QIB – 30,24,000 Shares = 63.50Crs
NII – 15,12,000 Shares = 31.75Crs
RII – 10,08,000 Shares = 21.17Crs (Lot size: 70 = 14,400 Forms)

Total Issue – 1,00,80,000 Equity Shares = 211.68Crs.

Subscription required for 1X
RII = 14,400 Forms
NII = 31.75 Crs

Interest cost @6%p.a. for 7days = 24.164paise for 1X

What is grey market premium.

PSP Subject to 900-1000 in Ahmedabad..!!!

call me on nine 5 one 0 three 7 eight 4 two 0

I could not understand your mobile no,request to pl clear mention

Can i apply in both the category retail as well as hni with same PAN in an ipo.

Answer pl.

No, you can apply in Retail or NII with 1 PAN

Gmp 120/125
Kostak 600/650 in Ahemdabad

Want to sell 9 application of psp project,pl quote amount and phone number

Subject to 900-1000 in Ahmedabad..!! contact me if you want to sell in bulk