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. 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 15,090
- Stage Public
- SectorsReal Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website pspprojects.com
- Social LinkedIn X Facebook Instagram
- Acquired by Adani Group (Jan 2025)
- Legal Name Psp Projects Ltd
- Annual Revenue₹2,529 Cr
FY 2025 · 0% YoY
- Net Profit₹56.42 Cr
FY 2025 · 2% margin
- EBITDA₹197 Cr
FY 2025 · 8% margin
- Latest Funding Round$29.2M (USD), Post-IPO
May 2024
- Investors
- Employee Count15,090
- Acquired byAdani Group
(Jan 2025)
Associated legal entities of PSP Projects
PSP Projects is associated with 3 registered companies on The Company Check; the primary company is Psp Projects Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Psp Projects Limited Listed CIN L45201GJ2008PLC054868 | Active | 26 Aug 2008 | Ahmedabad, Gujarat | ₹2,529 Cr | 9,807 | 9 | View details |
| Psp Properties Llp CIN ABZ-8268 | Active | 13 Jan 2023 | Sanand, Gujarat | – | – | 2 | View details |
| Psp Projects & Proactive Constructions Private Limited CIN U45203GJ2016PTC085649 | Active | 07 Jan 2016 | Ahmedabad, Gujarat | ₹52.5 Cr | 26 | 2 | View details |
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
Funding Insights of PSP Projects
- Total Rounds 1
- Last Round Post-IPO — $29.2M
- First Round $29.2M
(May 2024)
All 1 funding rounds of PSP Projects with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2024 | $29.2M | Post-IPO | – | – | – |
1 investors in total: 1 institutional.
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 |
|---|---|---|---|---|
- | – | adaniinfra.com | - |
Investor details for PSP Projects
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Board of directors of Psp Projects Limited (PSP Projects)
Psp Projects Limited is the primary company behind PSP Projects. The boards of the 3 registered companies of PSP Projects currently have 7 directors; the longest-serving is Sagar Prahladbhai Patel, appointed in 2019. 13 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sagar Prahladbhai Patel DIN 07168126 | Director | 22 Oct 2019 | 6 yrs 11 mo | Psp Projects Limited |
| Achala Monal Patel DIN 00914990 | Director | 14 Jul 2022 | 4 yrs 2 mo | Psp Projects Limited |
| Prahaladbhai Shivrambhai Patel DIN 00037633 | Designated Partner | 13 Jan 2023 | 3 yrs 8 mo | Psp Properties Llp, Psp Projects Limited, Psp Projects & Proactive Constructions Private Limited |
| Shilpaben Prahaladbhai Patel DIN 02261534 | Designated Partner | 13 Jan 2023 | 3 yrs 8 mo | Psp Properties Llp, Psp Projects & Proactive Constructions Private Limited |
| Swati Haresh Mehta DIN 00541632 | Director | 02 Aug 2024 | 2 yrs 2 mo | Psp Projects Limited |
| Kattunga Srinivasa Rao DIN 00022533 | Director | 05 Aug 2025 | 1 yr 2 mo | Psp Projects Limited |
| Girishkumar Singal DIN 11258884 | Director | 01 Sep 2025 | 1 yr 1 mo | Psp Projects Limited |
People of PSP Projects
12 people are tracked at PSP Projects (4 in leadership, 4 in board & advisors, 4 in team); the tracked headcount is 15,090.
| Name | Role | Group |
|---|---|---|
| CEO | Leadership | |
| Executive Director | Leadership | |
Jigar Parikh | General Manager | Leadership |
Pushpesh Singh | General Manager Contracts | Leadership |
Sandeep Shah | Director | Board & advisors |
Zarana Patel | Director | Board & advisors |
Chirag Shah | Director | Board & advisors |
Vasishtha Patel | Independent Director | Board & advisors |
Shreya Shah | Assistant Company Secretary | Team |
Dhananjay Mori | Agm-hr & IR | Team |
Ketan Patel | Assistant Manager | Team |
Vishva Bhatt | Technical Executive To MD | Team |
Complete people profiles for PSP Projects
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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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.
- IPO date29 May 2017
- Listed onBSE: 540544 · NSE: PSPPROJECT
- Listed entityPSP Projects Ltd
- Exchange sectorIndustrial services
- ISININE488V01015
- Share price₹747.45 · 2026-10-09
- Market capitalisation₹2,975 Cr
- Price to earnings40.3
- EPS (diluted, trailing year)₹18.52
- Volume (last session)93,455
Financials of PSP Projects
Figures of Psp Projects Limited, the primary company behind PSP Projects, for FY 2025. Revenue was ₹2,529 Cr (0% year on year). Net profit was ₹56.42 Cr (2% margin). EBITDA was ₹197 Cr (8% margin). Revenue has grown at a compounded annual rate of +13% over three years and +11% over five years.
- ₹2,529 CrRevenue · FY 2025 · 0% YoY
- ₹56.42 CrNet profit · 2% margin
- ₹197 CrEBITDA · 8% margin
- ₹39.64 CrPaid-up capital
- 9,807Employees (provident fund records)
- +13%Revenue CAGR, 3 years
- +11%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | ₹3,149 Cr | ₹55.5 Cr | ₹194 Cr |
| 2024 | ₹2,512 Cr | ₹56.4 Cr | ₹187 Cr |
| 2023 | ₹2,506 Cr | ₹123 Cr | ₹265 Cr |
| 2022 | ₹1,938 Cr | ₹132 Cr | ₹234 Cr |
| 2021 | ₹1,748 Cr | ₹167 Cr | ₹262 Cr |
Balance sheet, profit and loss, cash flow and ratios of Psp Projects Limited are on its company page.
Detailed financial statements for PSP Projects
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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Timeline of PSP Projects
4 dated milestones of PSP Projects across 17 years, from founding to its latest funding, stage changes and deals.
- Founded PSP Projects is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $29.2M.
- Exit Acquired by Adani Group.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vingroup.net | 1993 | Hanoi, Vietnam | – | 347 | Real estate development and management services are offered by Vingroup. | |
| lendlease.com | 1958 | Melbourne, Australia | – | – | Sustainable project development and maintenance services are provided worldwide. | |
| eiffage.com | 1920 | Paris, France | – | 63,164 | Eiffage is engaged in construction, energy, and infrastructure concessions. | |
| lodhagroup.com | 1980 | Mumbai, India | – | 4,846 | Developer of residential and commercial real estate properties | |
| vanke.com | 1984 | Shenzhen, China | – | 77,708 | Real estate properties are developed in over 50 cities. | |
| frasersproperty.com | 1924 | Singapore | – | 4,399 | Residential and commercial properties are developed and managed across regions. | |
| cdl.com.sg | 1963 | Singapore | – | – | Real estate development and management services are provided globally. | |
| godrejproperties.com | 1990 | Mumbai, India | – | 408 | Residential and commercial properties are developed by Godrej Properties. | |
| sunac.com.cn | 2003 | Shanghai, China | – | 19,271 | Residential and commercial real estate development is conducted by Sunac. |
Detailed competitors of PSP Projects
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Web traffic of PSP Projects
The website of PSP Projects (pspprojects.com) receives about 11.7K visits a month.
- Monthly visits11.7K
▼ 20.7% vs previous month
Websites whose visitors overlap most with PSP Projects. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| sbicaps.com | 100% | 17.1K | #1,446,382 | View details | |
| hegltd.com | 99% | 24.9K | #1,043,470 | View details | |
apmiindia.org | apmiindia.org | 93% | – | #382,073 | – |
| anandrathiwealth.in | 90% | 55.5K | #571,708 | View details | |
| quantumamc.com | 90% | 45.1K | #592,668 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 22 similar websites and full traffic analytics for PSP Projects
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 22 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Psp Projects
Complete news archive for PSP Projects
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to PSP Projects
10 companies that operate in the same segment as PSP Projects (Real Estate Developers & Builders), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Provider of real estate development properties | 1997 | Dubai, Dubai, United Arab Emirates | USD 98.03 M | – | – | |
Developer of luxury residential properties | 1992 | Mumbai, Maharashtra, India | USD 160.33 M | USD 55.39 M | 1,046 | |
Residential and commercial properties are developed by Godrej Properties. | 1990 | Mumbai, Maharashtra, India | – | USD 546.88 M | 6,030 | |
Real Estate Investment trust providing investment brokerage services. | 1971 | Reno, Nevada, United States | – | USD 755.16 M | 897 | |
Premium residential building development services are provided. | 1980 | Mumbai, Maharashtra, India | USD 152.4 M | USD 658.36 M | 1,480 | |
Real estate development services are provided in India. | 1999 | Gurugram, Haryana, India | USD 14.83 M | – | – | |
Real estate development and management services are offered by Vingroup. | 1993 | Hanoi, Vietnam | – | – | 367 | |
Electricity transmission utility projects are developed and supplied. | 2008 | Mumbai, Maharashtra, India | USD 19.85 M | USD 730.41 M | 2,300 | |
Commercial property development services are provided in India. | 1978 | Hyderabad, Telangana, India | – | USD 2.22 B | 31,410 |
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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.
PSP Projects has 15,090 employees.
The primary company behind PSP Projects, Psp Projects Limited, reported revenue of ₹2,529 Cr for FY 2025, down 0% year on year.
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.
PSP Projects is associated with 3 legal entities: Psp Projects Limited, Psp Properties Llp, Psp Projects & Proactive Constructions Private Limited.
Yes. PSP Projects was acquired by Adani Group in January 2025.