PSP Projects Limited – Completes allocation to anchor investors

PSP Projects Limited which is tapping the capital markets with its simultaneous fresh issue of 72 lakh shares and an offer for sale of 28.80 lakh shares completed allocation to anchor investors. The price band is Rs 205-210. The company allotted 45.36 lakh shares to 9 anchor investors comprising of 22 entities at Rs 210 shares.

The issue has an allocation of 75% for QIB’s, 15% for HNI’s and 10% for retail investors. The issue opens on Wednesday the 17th of May and closes on Friday the 19th of May.

The full list of anchor investors and entities is given below: –


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