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PSP Projects IPO Second Day Subscription Figures

PSP Projects IPO Second Day Subscription Figures - Apply IPO
PSP Projects IPO Second Day Subscription Figures:

PSP Projects Ltd (PPL) IPO subscription has started on 17th May 2017. PSP Projects IPO second day subscription figures does not looks good considering the size of the issue. PSP Projects IPO has got subscribed by 0.27 times on day 2.

After First Day Subscription end , PSP Projects IPO Second day subscription seen some interest from Retail Individual Investors (RIIs) while Qualified Institutional Buyers (QIBs) and Non Institutional Investors (NIIs) still to show some interest.

While Looking at the size of the issue PSP Projects IPO Second day subscription figures does not looks good. It will be good to see NII and QIB final subscription figures on 19th May 2017.

Detailed PSP Projects IPO Second day subscription figures are as follow:

PSP Projects IPO Second Day Subscription Figures
CategoryNo.of shares

offered/reserved

No. of shares

bid for

No. of times of

total meant for

the category

Qualified Institutional Buyers (QIBs)30240001269800.04
Non Institutional Investors15120002355500.16
Retail Individual Investors(RIIs)100800011174101.11
Total554400014799400.27
Updated as on 18 May 2017 at 1700 hrs

Current PSP Projects IPO Grey Market Premium (PPL GMP)  is not active s of now.

For More information about PSP Projects Ltd (PPL) IPO Pricing, size and other updates you can visit the below link:

PSP Projects Ltd IPO (PPL IPO) Details

Market Update:

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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.

This year we can see some good IPO hitting market like NSE Ltd IPOHDFC Standard life insurance, SBI life insurance etc.

Keep watching this blog to keep yourself updated with all the news.

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