PSP Projects IPO Subscription Details

Bookbuilding IPO | ₹212 Cr | Listed at BSE, NSE | Wed, May 17, 2017 - Fri, May 19, 2017

Basis of Allotment - PSP Projects IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)30,24,00045,36,00075,60,00015,12,00010,08,0001,00,80,000
Allotment price (Rs.)210210210210210210
No.of applications4221639573,45473,612
No.of shares applied2,53,29,71050,12,7003,03,42,4101,41,91,03060,97,4905,06,30,930
Amount collected (Rs.cr.)531.92 105.27 637.19 298.01 128.05 1,063.25
No.of times subscribed8.381.114.019.396.055.02
No.of shares allotted30,24,00045,36,00075,60,00015,12,00010,08,0001,00,80,000
Amount (Rs.cr.)63.50 95.26 158.76 31.75 21.17 211.68
No.of allottees4221639514,40014,558

IPO Shares Offered

PSP Projects IPO is a public issue of 1.01 Cr equity shares. The issue offers 0.10 Cr shares to retail investors, 0.76 Cr shares to qualified institutional buyers, and 0.15 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 75,60,000158.76 75.00%
    Anchor 45,36,000 95.26 45.00%
    QIB (Ex Anchor) 30,24,000 63.50 30.00%
NII 15,12,00031.75 15.00%
Retail10,08,00021.17 10.00%
Total1,00,80,000211.68 100%

PSP Projects IPO Anchor Investor Allocation

A total of 45,36,000 shares at a price of Rs 210 per share will be allotted to the anchor investors.

Anchor investors bid opening dateMay 16, 2017
Anchor investor price₹210.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days22,68,000
No. of shares locked-in for 90 days22,68,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 NIPPON INDIA SMALL CAP FUND NIPPON INDIA MUTUAL FUND 6,66,670 14.00 14.70 6.61
2 SBI EQUITY OPPORTUNITIES FUND-SERIES IV SBI MUTUAL FUND 2,14,270 4.50 4.72 2.13
3 SBI LONG TERM ADVANTAGE FUND-SERIES IV SBI MUTUAL FUND 3,57,140 7.50 7.87 3.54
4 SBI RESURGENT INDIA OPPORTUNITIES FUND SBI 95,260 2.00 2.10 0.95
5 AXIS MIDCAP FUND AXIS MUTUAL FUND 4,28,530 9.00 9.45 4.25
6 AXIS SMALL CAP FUND AXIS MUTUAL FUND 2,38,140 5.00 5.25 2.36
7 ADITYA BIRLA SUN LIFE INSURANCE CO.LTD. ADITYA BIRLA SUN LIFE INSURANCE 5,14,948 10.81 11.35 5.11
8 SUNDARAM INFRASTRUCTURE ADVANTAGE FUND SUNDARAM MUTUAL FUND 2,77,480 5.83 6.12 2.75
9 SUNDARAM SELECT MICRO CAP-SERIES I SUNDARAM MUTUAL FUND 49,700 1.04 1.10 0.49
10 SUNDARAM SELECT MICRO CAP-SERIES X SUNDARAM MUTUAL FUND 20,370 0.43 0.45 0.20
11 SUNDARAM SELECT MICRO CAP-SERIES II SUNDARAM MUTUAL FUND 33,110 0.70 0.73 0.33
12 SUNDARAM SELECT MICRO CAP-SERIES III SUNDARAM MUTUAL FUND 27,860 0.59 0.61 0.28
13 SUNDARAM SELECT MICRO CAP-SERIES IV SUNDARAM MUTUAL FUND 20,720 0.44 0.46 0.21
14 SUNDARAM SELECT MICRO CAP-SERIES VIII SUNDARAM MUTUAL FUND 53,900 1.13 1.19 0.53
15 SUNDARAM SELECT MICRO CAP-SERIES IX SUNDARAM MUTUAL FUND 31,808 0.67 0.70 0.32
16 BANDHAN LARGE CAP FUND BANDHAN MUTUAL FUND 1,19,044 2.50 2.62 1.18
17 BANDHAN INFRASTRUCTURE FUND BANDHAN MUTUAL FUND 2,14,293 4.50 4.72 2.13
18 BANDHAN ELSS TAX SAVER FUND BANDHAN MUTUAL FUND 1,81,611 3.81 4.00 1.80
19 TATA AIA LIFE INSURANCE CO.LTD.-WHOLE LIFE MID CAP EQUITY FUND-ULIF 009 04/01/07 WLE 110 TATA AIA LIFE INSURANCE 5,14,948 10.81 11.35 5.11
20 SUNDARAM LARGE & MID CAP FUND SUNDARAM MUTUAL FUND 2,38,099 5.00 5.25 2.36
21 ICG Q LTD. ICG Q 2,38,099 5.00 5.25 2.36
45,36,00095.2610045.00

IPO Subscription FAQs

The PSP Projects IPO is subscribed 8.58090909090909 times by May 19, 2017 17:00.

PSP Projects IPO Subscription

Investor Category Subscription (times)
Qualified Institutional8.38
Non Institutional10.39
Retail Individual6.47
Total Subscription8.58090909090909

Retail category of PSP Projects IPO subscribed 6.47 times as of date May 19, 2017 17:00. The public issue closes on Fri, May 19, 2017 for bidding.

An investor can apply in PSP Projects IPO online via bank (using ASBA) or the broker (using UPI). The PSP Projects IPO shares are offered online only.

The PSP Projects IPO is subscribed 8.58090909090909 times by May 19, 2017 17:00.

The PSP Projects IPO allotment status is expected on or around Wednesday, May 24, 2017. Visit PSP Projects IPO allotment status to check.

The PSP Projects IPO listing date is May 29, 2017. The equity share of PSP Projects IPO will list on BSE, NSE.

Visit PSP Projects IPO subscription status page for real-time bidding information about PSP Projects IPO.

PSP Projects IPO Timetable

IPO opens OnWednesday, May 17, 2017
IPO Closes OnFriday, May 19, 2017
Finalisation of Basis of AllotmentWednesday, May 24, 2017
Initiation of RefundsFriday, May 26, 2017
Credit of Shares to Demat AccountFriday, May 26, 2017
IPO Listing DateMonday, May 29, 2017
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