PSP Projects Ltd - IPO

PSP Projects Ltd IPO Details

Public issue of up to 10,080,000 equity shares of face value of Rs. 10 each (The Equity Shares) of PSP Projects Limited (The Company or The Issuer) for cash at a price of Rs. 210 per equity share (including a share premium of Rs. 200 per equity share) aggregating up to Rs. 211.68 crores comprising a fresh issue of up to 7,200,000 equity shares aggregating up to Rs. 151.2 crores (The Fresh Issue) and an offer for sale of up to 1,584,000 equity shares by Prahaladbhai Shivrambhai Patel, up to 576,000 equity shares by Shilpaben Patel, up to 288,000 equity shares by Pooja Patel and up to 432,000 equity shares by Sagar Patel (together referred to as the selling shareholders) aggregating up to Rs. 60.48 crores (the offer for sale and together with the fresh issue, the issue). The issue will constitute [*]% of the company's post-issue paid-up equity share capital.The issue price Rs.210 per equity share of face value of Rs.10 each.The issue price is 21 times of the face value

Objective of issue

Funding working capital requirements. Funding capital expenditure requirements. General corporate purposes.

PSP Projects Ltd Contact Details

PSP Projects Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - grievance@pspprojects.com

Website - www.pspprojects.com