PSP Projects IPO Final Day Subscription Figures:
PSP Projects Ltd (PPL) IPO subscription has closed on 19th May 2017. PSP Projects IPO final day subscription figures does not looks good considering the size of the issue. PSP Projects IPO has got subscribed by 8.58 times on day 3.
After second Day Subscription end , PSP Projects IPO Final day subscription seen some good interest from Retail Individual Investors (RIIs) while Qualified Institutional Buyers (QIBs) and Non Institutional Investors (NIIs) shown moderated response.
While Looking at the size of the issue PSP Projects IPO Final day subscription figures does not looks good.
Detailed PSP Projects IPO Final day subscription figures are as follow:
|PSP Projects IPO Final Day Subscription Figures|
|No. of shares|
|No. of times of|
total meant for
|Qualified Institutional Buyers (QIBs)||3024000||25329710||8.38|
|Non Institutional Investors||1512000||15706180||10.39|
|Retail Individual Investors(RIIs)||1008000||6520500||6.47|
|Updated as on 19 May 2017 at 1930 hrs|
Current PSP Projects IPO Grey Market Premium (PPL GMP) is trading between Rs 11 – Rs 12 per equity share.
For More information about PSP Projects Ltd (PPL) IPO Pricing, size and other updates you can visit the below link:
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While now Shankara Building Products IPO Allotment and Listing also completed and it gave good 37.57% premium on first day itself. Now S Chand and Company Ltd IPO also listed on stock market. Housing and Urban Development Corporation Ltd IPO (HUDCO) bidding is also over now. Now HUDCO IPO Allotment and Listing will be in process.
While HUDCO Grey Market Premium (GMP) also started showing movement and currently trading at Rs 25 – Rs 25.50 per equity share.
PSP Projects Ltd(PPL) IPO bidding will be active from May 17, 2017 – May 19, 2017.
IRB Infra Invit Fund IPO bidding also able to close successfully on May 05, 2017.
Next in the pipeline will be Central Depository Services Ltd IPO (CDSL IPO) and Continental Warehousing Corporation Ltd IPO (Nhava Seva IPO).
Some SME IPO will also be active in market in coming week.
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