PSP Projects IPO Allotment Status Online

PSP Projects IPO Details

IPO Open May 17, 2017
IPO Close May 19, 2017
IPO Price ₹210
Face Value ₹10
IPO Size ₹211.68 Cr
Listing At BSE, NSE
Lot Size 70
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PSP Projects IPO Schedule

  • Bid/Offer Opens On: May 17, 2017
  • Bid/Offer Closes On: May 19, 2017
  • Finalization of Basis of Allotment: May 24, 2017
  • Initiation of refunds: May 26, 2017
  • Credit of Equity Shares: May 26, 2017
  • Listing Date: May 29, 2017

Check PSP Projects IPO allotment status online by clicking the button below. If you have difficulties finding the PSP Projects Ltd IPO allotment status, please visit the website of the IPO registrar.

Note: Registrar of the PSP Projects IPO is responsible for IPO allotment. Please contact the registrar with any quires related to stock allocation or refund related problems. To understand the allocation of shares for PSP Projects Ltd IPO, check the 'basis of allotment' document.

PSP Projects IPO Allotment FAQs

The PSP Projects IPO allotment status will be available on May 24, 2017, as per the timeline provided in the red-herring prospectus.

Below are the steps to check PSP Projects IPO allotment status online:

  • Visit the PSP Projects IPO allotment status page.
  • Click on the green PSP Projects IPO Allotment Status.
  • Enter either PAN number, Application Number or DP Client ID of the demat account to check the PSP Projects IPO allotment status.
  • Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

  • PAN No.: AHMLK1898J
  • Application No.: RL041213805307
  • Name: Mr. Rajveer Singh
  • Shares Applied: 40
  • Shares Allotted: 40

The expected listing price of PSP Projects IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The PSP Projects IPO grey market premium gives some hint but the actual listing price is difficult to guess.

PSP Projects IPO allotment status is expected on May 24, 2017. Click the green button PSP Projects IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If PSP Projects IPO oversubscribed in the retail category, the PSP Projects IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The PSP Projects IPO shares will get listed on Monday, May 29, 2017. The equity share of PSP Projects Ltd will list on BSE, NSE.

The reason you didn't get the PSP Projects IPO could be:

  • IPO become oversubscribed and allotment process is completed through a lottery
  • The IPO application got rejected due to mismatch/incomplete information
  • The issue price is higher than the bid price. (Always apply on cut-off price).

The PSP Projects IPO will open for bidding on May 17, 2017. The IPO application closes on May 19, 2017.