PSP Projects

Ahmedabad, India Founded: 2008 • Age: 18 yrs Acquired By Adani Group
Residential and commercial properties are developed alongside construction management services.
Annual revenue $294.0M Latest available
Total funding - 1 rounds
Employees 15090 Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Real Estate & Construction
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Psp Projects Ltd
Operational Areas
Real Estate & Construction → Construction, Engineering & Infrastructure
Key Metrics
  • Annual Revenue
    $294.03 M (USD)
    0.25
    as on Mar 31, 2025
  • Net Profit
    $6.6 M (USD)
    -54.12
    as on Mar 31, 2025
  • EBITDA
    $21.89 M (USD)
    -29.33
    as on Mar 31, 2025
  • Latest Funding Round
    $29.2 M (USD), Post-IPO

    May 13, 2024

  • Investors
  • Employee Count
    15090

    as on Mar 31, 2024

  • 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.

Exchange: NSE · Ticker: PSPPROJECT · Sector: Industrial services · India

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.

Primary

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

Headcount 1000-5000
Employee Profiles 8
Board Members and Advisors 4
Employee Profiles
People
Sagar Patel
Executive Director
People
Prahaladbhai Shivrambhai Patel
Chairman, Managing Director & CEO
People
Shreya Shah
Assistant Company Secretary
People
Pushpesh Singh
General Manager Contracts

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Board Members and Advisors
people
Sandeep Shah
Director
people
Zarana Patel
Director
people
Chirag Shah
Director
people
Vasishtha Patel
Independent Director

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Funding Insights of PSP Projects

  • Total Funding
  • Total Rounds 1
  • Last Round Post-IPO — $29.2M
  • First Round

    (13 May 2024)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2024 Amount Post-IPO - PSP Projects Valuation

investors

Investors in PSP Projects

PSP Projects has secured backing from 1 investor. Prominent investors backing the company include Adani Group.

All
Investor Description Founded Year Domain Location
-
Founded Year Domain Location

Investments & Acquisitions by PSP Projects

Investments

Financial Statements - PSP Projects

Psp Projects Comparisons

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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.
domain founded_year HQ Location
Sustainable project development and maintenance services are provided worldwide.
domain founded_year HQ Location
Eiffage is engaged in construction, energy, and infrastructure concessions.
domain founded_year HQ Location
Developer of residential and commercial real estate properties
domain founded_year HQ Location
Real estate properties are developed in over 50 cities.
domain founded_year HQ Location
Residential and commercial properties are developed and managed across regions.

Latest news on Psp Projects

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.

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