Day: May 10, 2017

Forthcoming IPO_PSP Projects Ltd

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PSP Projects Ltd.
Issue Open Date 17-May-17
Issue Closing Date 19-May-17
Application Money 100
Allotment Money
Price Band (Rs.) 205 – 210
Minimum Bid Quantity. 70
Issue Size (Shares) 10080000
Market Lot 1
Objective :
The Net Proceeds from the Fresh Issue will be utilised towards the following objects:1. Funding working capital requirements of our Company;2. Funding capital expenditure requirements of our Company; and3. General corporate purposes
Business Description :

We are a multidisciplinary construction company offering a diversified range of construction and allied services across industrial, institutional, government, government residential and residential projects in

India. We provide our services across the construction value chain, ranging from planning and design to construction and post construction activities to private and public sector enterprises. Historically, we have focused on projects in the Gujarat region. We have completed and continue to undertake construction projects in this region. More recently, we have geographically diversified our portfolio of services and are undertaking or have bid for projects pan India.

Address
Psp House
Opposite Celesta Courtyard
Opposite Lane Of Vikram Nagar Colony
Iscon – Ambli Road
Ahmedabad ,
Gujarat ,
380054
Phone :

079 2693 6200 / 79 2693 6300 / 79 2693 6400
Email :

grievance@pspprojects.com
Website :

www.pspprojects.com
Registrar
Karvy Computershare Pvt Ltd
105-108
Arunachal Building
19
Barakhamba Road
New Delhi
Listed at
BSE, NSE
Lead Manager
Karvy Investor Services Ltd
Motilal Oswal Investment Advisors Pvt Ltd
Promoters
Prahaladbhai Shivrambhai Patel
Shilpaben Patel

 

Morning Business News Round Up_May 10,2017

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Morning Business News :

  • Reciprocity to be rule in power investments: Govt
  • US companies continue to bet big on India: USIBC
  • India’s next growth driver: $1.3 tn housing boom
  • RBI restricts IDBI Bank from hiring, opening branches
  • Softbank a step closer to sell Snapdeal to Flipkart
  • India to produce record food grains in 2016/17: Govt
  • Auto sector to invest Rs 1L crore on new norms: SIAM
  • Supreme Court may modify order on highway liquor ban
  • Lenders want Ruias to infuse Rs 2,500 crore in Essar Steel
  • India to grow at 7.2% in FY18, says IMF
  • PE investors seek exemptions for start-ups’ overseas holding companies
  • Digital India is the only way to empower citizens, says Oracle CEO
  • L&T’s defence supply business set to swell with Rs 4,500 cr gun deal
  • Vijaya Bank’s Q4 net profit rises three-fold to Rs 204 cr
  • ACC-Ambuja merger: Making of a cement behemoth
  • Panagariya to head task force to measure job creation
  • Rubber production up 22%, belies growers’ claims
  • USFDA makes 8 observations at Lupin’s Aurangabad unit
  • Titagarh Wagons forays into ship-building with govt contracts
  • PowerGrid gets unified licence to offer telecom services
  • Airtel Q4 profit plunges 72% to Rs373.4 crore on Jio impact
  • IndiGo to start regional operations, annual profit falls 16.5% to Rs 1,659 crore

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  • IMD forecasts above average monsoon rainfall in 2017
  • Singh brothers said to seek Rs250/share to sell off Fortis Healthcare
  • Rupee sees biggest loss against US dollar in 2017
  • Hudco IPO subscribed 3 times on Day 2
  • RBS to cut over 300 jobs, move others to India
  • BSE Greenex index methodology to change from June
  • EPF deposits may get 8.65 per cent returns in 2017-18 too
  • Cholamandalam Investment and Finance Co, HUDCO sign MoU
  • Apple tops $800 billion market capitalization for first time
  • Moody’s: Nothing new in new norms, bad loans resolution to take time
  • MF AUM hits a new high as firms pump back funds
  • SBI to raise funds via FPO, QIPs;to appoint 6 merchant bankers
  • Regulators to identify NPA cases for resolution
  • PSBs, SUUTI to be part of CPSE exchange traded fund II