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May 17, 2017 - May 19, 2017

PSP Projects IPO FAQ

PSP Projects IPO Date & Price

The PSP Projects IPO opens on May 17, 2017 and closes on May 19, 2017.

PSP Projects IPO timetable / schedule is as below:
  • 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

PSP Projects IPO price is set at ₹210 per equity share.

PSP Projects IPO will close for subscription at 5 PM on May 19, 2017. But most brokers stop accepting application between 1 PM to 3 PM.

The PSP Projects IPO starts on May 17, 2017. The issue ends on May 19, 2017.

PSP Projects IPO Issue Size and Subscription Status

The PSP Projects IPO size is 10080000 Equity Shares of ₹10 aggregating up to ₹211.68 Cr.

PSP Projects Ltd is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for PSP Projects IPO shares through the banks (using ASBA) or through the broker (using UPI).

PSP Projects IPO Offer Size

Qualified Institutional Buyers (QIB)3,024,000 Shares
Non-Institutional Investors (NII)1,512,000 Shares
Retail Individual Investor (RII)1,008,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size5,544,000 Shares

PSP Projects IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)8.38 times times
Non-Institutional Investors (NII)10.39 times times
Retail Individual Investor (RII)6.47 times times
Employee Reservations times
Other Reservations times
Total Issue Size8.58 times times

Click here to check the PSP Projects IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in PSP Projects IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check PSP Projects IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

PSP Projects IPO Allotment and Listing

The PSP Projects IPO allot status will be available online on May 24, 2017. Check the PSP Projects IPO Allotment Status here.

Click here to check PSP Projects IPO Allotment Status.

PSP Projects IPO listing Date is May 29, 2017. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The PSP Projects IPO listing date and time is published by the exchange in a circular.

Click here to view the PSP Projects IPO Basis of Allotment.

It is hard to say at what price PSP Projects IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The PSP Projects IPO shares will list on May 29, 2017 at BSE, NSE.

PSP Projects IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about PSP Projects IPO which could help you with questions like PSP Projects IPO buy or not? You should also read PSP Projects IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

PSP Projects IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the PSP Projects IPO performance. The performance reports are available 1 day after listing.