PSP Projects IPO Subscription Status
PSP Projects IPO was subscribed 8.58 times when bidding closed on 19 May 2017: QIB 8.38x, NII 10.39x, Retail 6.47x.
The PSP Projects IPO has been subscribed 8.58x times overall. Retail investors have shown interest with bids for 6.47x the shares available. The Non-Institutional Investor (NII) category has been subscribed 10.39x. Qualified Institutional Buyers (QIBs) have subscribed 8.38x. Data last updated on 12 Nov, 03:11 PM.
The IPO subscription period has ended. The issue opened on 17 May, 2017 and closes on 19 May, 2017. The shares are expected to list on stock exchanges on 29 May, 2017.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 8.38x |
| NII | - of - - | 10.39x |
| Retail | - of - - | 6.47x |
| TOTAL | - - | 8.58x |
PSP Projects IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 15.5% for a single lot.
Institutional Backing
Massive institutional interest with QIBs subscribing 8.38x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 1-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
19 May 2017
Day 1 |
8.58x | ▼ | |
|
QIB8.38x
BHNI-
SHNI-
Retail6.47x
|
|||
PSP Projects IPO dates
From the bidding window to listing. Today is 12 November.
- Open 17 May 2017
- Close 19 May 2017
- Allotment 24 May 2017
- Refund/credit 26 May 2017
- Listing 29 May 2017
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of PSP Projects IPO?
As of IPO close date (19 May, 2017), the PSP Projects IPO is subscribed 8.58x times. Retail category is 6.47x, and NII is 10.39x subscribed.
When is the allotment date for PSP Projects IPO?
The allotment for PSP Projects IPO is expected to be finalized on 24 May, 2017.
What is the GMP of PSP Projects?
The Grey Market Premium (GMP) for PSP Projects is currently ₹7.5, indicating a potential listing gain of 4%.
When will PSP Projects IPO list on the stock market?
PSP Projects is scheduled to list on BSE and NSE on 29 May, 2017.
What are the chances of getting allotment in PSP Projects IPO?
The retail category is oversubscribed at 6.47x, meaning allotment is by lottery. Statistically, approximately 1 in 7 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 8.38x mean for PSP Projects IPO?
Moderate — QIBs have subscribed 8.38x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.
How to check PSP Projects IPO allotment status?
After the allotment date (24 May, 2017), you can check your PSP Projects IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore PSP Projects IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
Subscription moves by the hour. Get it on your phone.
Live GMP alerts, subscription updates and allotment status for every Mainboard and SME issue — fast, free and secure.
Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
