About PSP Projects
PSP Projects is a company based in Ahmedabad (India) founded in 2008 was acquired by Adani Group in January 2025. The company has 15,090 employees as of March 31, 2024. PSP Projects offers products and services including Civil Construction, MEP Services, Building Renovation, and Interior Fitouts. PSP Projects operates in a competitive market with competitors including Vingroup, Lendlease, Eiffage, Lodha Group and Vanke, among others.
- Headquarter Ahmedabad, India
- Employees 15090 as on 31 Mar, 2024
- Stage Public
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Psp Projects Ltd
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Annual Revenue
$294.03 M (USD)0.25as on Mar 31, 2025
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Net Profit
$6.6 M (USD)-54.12as on Mar 31, 2025
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EBITDA
$21.89 M (USD)-29.33as on Mar 31, 2025
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Latest Funding Round
$29.2 M (USD), Post-IPO
May 13, 2024
- Investors
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Employee Count
15090
as on Mar 31, 2024
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Acquired by
Adani Group
(Jan 23, 2025)
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IPO & Listings of PSP Projects
PSP Projects is a publicly listed company on the NSE with ticker symbol PSPPROJECT in India, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of PSP Projects
PSP Projects offers a comprehensive portfolio of products and services, including Civil Construction, MEP Services, Building Renovation, and Interior Fitouts.
Services for building residential, commercial, and industrial structures
Installation of HVAC, electrical, and plumbing systems for buildings
Retrofitting and repair of existing structures with civil and MEP works
Flooring, ceilings, and furnishings for commercial and residential spaces
People of PSP Projects
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Funding Insights of PSP Projects
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $29.2M
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First Round
First Round
(13 May 2024)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Post-IPO - PSP Projects | Valuation |
investors |
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Investors in PSP Projects
PSP Projects has secured backing from 1 investor. Prominent investors backing the company include Adani Group.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location |
Investments & Acquisitions by PSP Projects
Financial Statements - PSP Projects
Psp Projects Comparisons
Competitors of PSP Projects
PSP Projects operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Vingroup, Lendlease, Eiffage, Lodha Group and Vanke, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Real estate development and management services are offered by Vingroup.
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| domain | founded_year | HQ Location |
Sustainable project development and maintenance services are provided worldwide.
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| domain | founded_year | HQ Location |
Eiffage is engaged in construction, energy, and infrastructure concessions.
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| domain | founded_year | HQ Location |
Developer of residential and commercial real estate properties
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| domain | founded_year | HQ Location |
Real estate properties are developed in over 50 cities.
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| domain | founded_year | HQ Location |
Residential and commercial properties are developed and managed across regions.
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Frequently Asked Questions about PSP Projects
PSP Projects was founded in 2008 and raised its 1st funding round 16 years after it was founded.
PSP Projects is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Prahaladbhai Shivrambhai Patel is the current CEO of PSP Projects.
As of Mar 31, 2024, the latest employee count at PSP Projects is 15,090.
Annual revenue of PSP Projects is $294.03M as on Mar 31, 2025.
PSP Projects was established in 2008 and is headquartered in Ahmedabad, India. Focus is placed on the real estate sector, where residential and commercial properties are developed. Construction management services are also provided to support project execution. Operations are conducted primarily within India, with emphasis on structured development and management practices in the construction industry.
PSP Projects's top competitors include Godrej Properties, Vingroup and Lendlease.
PSP Projects offers Civil Construction, MEP Services, Building Renovation, and Interior Fitouts.
Yes, PSP Projects is publicly traded on NSE under the ticker symbol PSPPROJECT.
PSP Projects has 1 investor. Key investors include Adani Group.
The ticker symbol of PSP Projects is PSPPROJECT on NSE.