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Psp Projects
3.9
based on 625 Reviews
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Company Overview
Company Locations
Working at Psp Projects
Company Summary
PSP Projects is awards winning construction company in Ahmedabad, Gujarat, India. They offer diversified range of construction and allied services in India.
Overall Rating
3.9/5
based on 625 reviews
On-Par with
industry average
Critically rated for
Promotions
Work Policy
Work from office
81% employees reported
Monday to Saturday
83% employees reported
Strict timing
69% employees reported
No travel
55% employees reported
View detailed work policy
Top Employees Benefits
Free meal
29 employees reported
Job/Soft skill training
18 employees reported
Office cab/shuttle
11 employees reported
Health insurance
10 employees reported
View all benefits
About Psp Projects
Founded in2008 (17 yrs old)
India Employee Count1k-5k
Global Employee Count1k-5k
India HeadquartersAhmedabad, Gujarat, India
Office Locations
Websitepspprojects.com
Primary Industry
Other Industries
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PSP Projects Ltd. was founded by Shri P. S. Patel, a qualified Civil Engineer and visionary infrastructure leader, in 2009. It was the logical extension of his earlier, 2006 venture, BPC Projects, which notched up a record performance within just 3 years – crossing a turnover of few hundred million Rupees, amassing a portfolio of impressive projects and establishing a prestigious, loyal clientele. Under Patel’s inspirational leadership, creative vision and techno-commercial expertise, PSP Projects Ltd. has already established itself as an infrastructure house to reckon with, having a string of prestigious projects in diverse segments – corporate complexes, industrial premises, academic edifices, residential schemes and numerous hospitality projects (hotels, clubs, hospitals, etc.). PSP Projects Ltd. a customer-centric and value based corporate culture, custom-designed approach, excellence in execution, On-time delivery, higher responsiveness, round-the-clock service mentality and its simple, transparent business ethics have built for it a rock solid reputation for utter dependability. In the way its customers live every day in the residential complexes it builds, and in the way they work and thrive in the corporate environments it creates, PSP Projects Ltd. motto is: to make a REAL difference.
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Psp Projects Ratings
based on 625 reviews
Overall Rating
3.9/5
How AmbitionBox ratings work?
5
267
4
170
3
98
2
29
1
61
Category Ratings
3.7
Skill development
3.6
Job security
3.6
Salary
3.6
Work satisfaction
3.5
Company culture
3.5
Work-life balance
3.3
Promotions
Psp Projects is rated 3.9 out of 5 stars on AmbitionBox, based on 625 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Psp Projects
based on 596 reviews
3.6
Rated by 10 Women
Rated 3.3 for Job security and 3.1 for Work-life balance
3.9
Rated by 586 Men
Rated 3.7 for Salary and 3.7 for Skill development
Work Policy at Psp Projects
based on 134 reviews in last 6 months
Work from office
81%
Hybrid
13%
Permanent work from home
6%
Psp Projects Reviews
Top mentions in Psp Projects Reviews
+ 5 more
Compare Psp Projects with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.9/5 based on 625 reviews | 3.3/5 based on 2k reviews | 4.0/5 based on 861 reviews | 4.1/5 based on 3.7k reviews |
Highly Rated for | No highly rated category | No highly rated category | Job security | Job security Skill development Work-life balance |
Critically Rated for | Promotions | Salary Promotions Work-life balance | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 81% employees reported | Work from office 74% employees reported | Work from office 91% employees reported | Work from office 81% employees reported |
Rating by Women Employees | 3.6 Good rated by 10 women | 3.7 Good rated by 22 women | 3.6 Good rated by 28 women | 4.2 Good rated by 40 women |
Rating by Men Employees | 3.9 Good rated by 586 men | 3.3 Average rated by 1.8k men | 4.1 Good rated by 794 men | 4.1 Good rated by 3.5k men |
Job security | 3.6 Good | 3.4 Average | 3.8 Good | 4.1 Good |
View more
Psp Projects Salaries
Psp Projects salaries have received with an average score of 3.6 out of 5 by 625 employees.
Assistant Engineer
(146 salaries)
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₹3 L/yr - ₹6 L/yr
Senior Engineer
(136 salaries)
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₹3.8 L/yr - ₹10 L/yr
Junior Engineer
(82 salaries)
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₹1.1 L/yr - ₹4.5 L/yr
Assistant Engineer - Civil
(48 salaries)
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₹2.6 L/yr - ₹5.4 L/yr
Store Executive
(46 salaries)
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₹2.4 L/yr - ₹4.5 L/yr
Senior Civil Engineer
(46 salaries)
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₹4 L/yr - ₹8.5 L/yr
Civil Engineer
(41 salaries)
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₹2.4 L/yr - ₹9 L/yr
Billing Engineer
(40 salaries)
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₹4 L/yr - ₹9 L/yr
Senior Billing Engineer
(34 salaries)
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₹4.8 L/yr - ₹9.6 L/yr
EHS Engineer
(34 salaries)
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₹2.5 L/yr - ₹5.5 L/yr
Psp Projects Interview Questions
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Psp Projects Jobs
Popular Designations Psp Projects Hires for
Assistant Manager - Tendering
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Current Openings
Psp Projects News
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Adani Infra Acquires Stake In PSP Group Amid Major Orders From Adani Entities
- The Competition Commission of India has approved Adani Infra’s acquisition of 30.07% stake in PSP Projects Ltd.
- The total amount of orders received by PSP Group stands at Rs 3,478.58 crore, with nearly Rs 1,631 crore coming from the Adani Group alone.
- In November last year, the Gautam Adani-led conglomerate announced its intention to acquire stake in PSP Projects.
- PSP Projects announced the receipt of work orders and letters of intent worth Rs 1,764.12 crore, including major orders from Adani entities.
Bloomberg Quint | 5 Mar, 2025
Cummins, Aurobindo, Alkem Labs, Bajaj Electricals, HG Infra, PSP Projects, NOCIL Q3 Review — HDFC Securities
- The brokerage recommends 'Buy' rating on Cummins, HG Infra, Bajaj Electricals, and 'Add' on Aurobindo, Alkem Labs, PSP Projects, NOCIL
- Cummins has multiple tailwinds, namely, stringent emission norms, capex cycle recovery, adoption of alternative fuels with lower carbon footprint, revival in industrials and exports, and support for manufacturing policies. We maintain Buy, with a revised SOTP of Rs 4,597 (54x Dec-26 EPS).
Bloomberg Quint | 8 Feb, 2025
Adani Infrastructure Seeks CCI Approval To Acquire Majority Stake In PSP Projects
- Adani Infrastructure has approached the Competition Commission of India for approval to acquire a majority stake in PSP Projects Ltd.
- PSP Projects is known for its industrial, institutional, residential, and luxury developments such as the Surat Diamond Bourse.
- The proposed transaction has been notified under Section 6(2) read with Section 5(a) of the Competition Act, 2002.
- After the stake sale, the existing promoters and Adani Infra will each hold a 30.07% stake.
Bloomberg Quint | 23 Jan, 2025
Adani Infra Seeks CCI Nod for PSP Projects Stake Buy
- Adani Infra plans to purchase a 30.07% stake in PSP Projects for ₹685 crore.
- The stake buy will be followed by an open offer to public shareholders.
- Adani Infra aims to leverage PSP Projects' expertise in EPC services for infrastructure development.
- The deal is subject to approval from the CCI and could strengthen Adani's presence in the construction and infrastructure market.
HinduBusinessLine | 21 Jan, 2025
Broker’s call: PSP Projects (Hold)
- PSP Projects has entered into a Share Purchase Agreement (SPA) with Adani Infra India for the sale of up to 30.07% of its paid-up share capital.
- The sale amounts to ₹685 crore at a price of ₹575 per share.
- Adani will be required to make an open offer in compliance with SEBI (SAST) regulations.
- The deal is anticipated to create operational synergies and improve PSP Projects' execution capabilities.
HinduBusinessLine | 22 Nov, 2024
PSP Projects shares dips 8% post Adani Infra acquiring stake
- PSP Projects shares declined by 8% as Adani Infra acquired a stake.
- Adani Infra will have equal board representation and joint control after the acquisition.
- PSP Projects is a leading EPC company with an order book of ₹6,546 Crore.
- The partnership aims to accelerate PSP Projects' growth in India's infrastructure sector.
HinduBusinessLine | 21 Nov, 2024
PSP Projects Signs Share Purchase Agreement With Adani Group: HDFC Securities
- PSP Projects has signed a share purchase agreement with the Adani Group, according to HDFC Securities.
- HDFC Securities believes that PSP is well-positioned to benefit from this partnership with a near-term order pipeline of Rs 35 billion.
Bloomberg Quint | 21 Nov, 2024
Adani Infra to buy 30.07% stake in Ahmedabad-based PSP Projects for ₹685 crore
- Adani Infra to acquire 30.07% stake in PSP Projects for ₹685 crore
- Adani Infra to purchase stake from existing promoter Prahladbhai S Patel
- Partnership aims to accelerate growth in India's infrastructure development
- Transaction subject to regulatory approvals and completion of open offer
HinduBusinessLine | 20 Nov, 2024
Adani Infra To Buy 30.07% Stake In PSP Projects For Rs 685 Crore
- Adani Infra is set to acquire 30.07% of PSP Projects Ltd for Rs 685 crore.
- The transaction includes an open offer and a lock-in period.
- Post-transaction, Adani Infra will have joint control over PSP Projects.
- Both companies will have the right to appoint directors based on their stake in PSP Projects.
Bloomberg Quint | 19 Nov, 2024
PSP Projects Q2 Results Review - Performance To Improve In H2: Axis Securities
- Axis Securities maintains Buy rating on PSP Projects with a target price of Rs 665/share.
- The brokerage expects the performance of PSP Projects to improve in the second half of the year.
- The target price suggests an upside potential of 11% from the current market price.
- PSP Projects is a real estate development company focused on residential and commercial projects.
Bloomberg Quint | 29 Oct, 2024
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Psp Projects FAQs
When was Psp Projects founded?
Psp Projects was founded in 2008. The company has been operating for 17 years primarily in the Engineering & Construction sector.
Where is the Psp Projects headquarters located?
Psp Projects is headquartered in Ahmedabad, Gujarat and has an office in Ahmedabad
How many employees does Psp Projects have in India?
Psp Projects currently has more than 1,900+ employees in India. Construction & Site Engineering department appears to have the highest employee count in Psp Projects based on the number of reviews submitted on AmbitionBox.
Does Psp Projects have good work-life balance?
Psp Projects has a Work-Life Balance Rating of 3.5 out of 5 based on 600+ employee reviews on AmbitionBox. 70% employees rated Psp Projects 4 or above, while 30% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Psp Projects work-life balance reviews for more details
Is Psp Projects good for career growth?
Career growth at Psp Projects is rated as moderate, with a promotions and appraisal rating of 3.3. 30% employees rated Psp Projects 3 or below, while 70% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Psp Projects promotions/appraisals reviews for more detailed insights.
What are the cons of working in Psp Projects?
Working at Psp Projects does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal, based on 600+ employee reviews on AmbitionBox.
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