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PSP Projects Limited IPO

Mainboard IPOListedPSPPROJECTNSE
Current Market Price (CMP)
₹732.15(+248.64%)
Current Price (CMP)
₹732.15(+248.64%)

Live Market Quote

Listing Price & Gain
₹190(-9.52%)

Day 1 Exchange Open

IPO Issue Price
₹210

Band: ₹205 - ₹210

Total Subscription
8.58x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
17 May 2017
IPO Bidding Closes
19 May 2017
Allotment & Refunds
Completed
Exchange Listing Day
29 May 2017

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 8.58x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)8.38x
Non-Institutional Investors (NII / HNI)10.39x
Retail Individual Investors (RII)6.47x
Total Subscription8.58x
Updated as on 19 May 2017 at 1930 hrs

Listing Day & Return Performance

Listing Day Gain-9.52%
₹210 (Issue) → ₹190 (List)
Per share profit: ₹-20.00
Holding Return (Till Date)+248.64%
₹210 (Issue) → ₹732.15 (CMP)
Net gain per share: +₹522.15
Post-Listing Performance (Listing Day → Today):+285.34%

About PSP Projects Limited IPO

PSP Projects Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 17 May 2017 and concluded on 19 May 2017, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹205 - ₹210.

During the bidding window, PSP Projects Limited recorded an overall subscription of 8.58 times. Institutional investors (QIB) subscribed 8.38x, non-institutional high-net-worth investors (NII) subscribed 10.39x, and retail individual investors (RII) bid 6.47x their reserved quota.

The equity shares of PSP Projects Limited officially debuted on the stock exchanges on 29 May 2017 at an opening listing price of ₹190, delivering a listing day return of -9.52% (discount) over the final issue price. As per the latest market data, the stock trades at ₹732.15, representing an overall gain of +248.64% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of PSP Projects Limited IPO?
The issue price of PSP Projects Limited IPO was fixed at ₹210 per equity share. The indicative bidding price band was ₹205 - ₹210.
What were the open, close, and listing dates for PSP Projects Limited IPO?
PSP Projects Limited IPO opened on 17 May 2017, closed on 19 May 2017, listed on 29 May 2017.
How much was PSP Projects Limited IPO subscribed?
The IPO received an overall subscription of 8.58 times. Category-wise, QIBs subscribed 8.38x, NIIs subscribed 10.39x, and Retail investors subscribed 6.47x.
What was the listing price and listing gain of PSP Projects Limited IPO?
PSP Projects Limited IPO listed on the stock exchange at ₹190, delivering a listing discount of 9.52% compared to the IPO issue price of ₹210.
Is PSP Projects Limited IPO a Mainboard or SME IPO?
PSP Projects Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of PSP Projects Limited IPO since its IPO?
At the latest market quote of ₹732.15, PSP Projects Limited IPO has generated an all-time return of +248.64% since its initial public offering.

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