Popular Vehicles and Services Limited

Popular Vehicles and Services Limited

MainboardClosed

₹14,750(50 Shares)

Minimum Investment

IPO Dates

Mar 12, 2024 – Mar 14, 2024

Price Band

₹280–295 per equity share

Lot Size

50

Listing

Mar 19, 2024

Listing At

BSE, NSE

Mar 12, 2024Open DateCompleted
Mar 14, 2024Close DateCompleted
TBAAllotment DateUpcoming
Mar 19, 2024Listing DateCompleted

Popular Vehicles and Services Limited Live Subscription Details

All IPOs
QIB1.97x
Retail1.04x
NIIs
0.66x

NII Sub-Categories

bHNI (> ₹10L)

Bids above ₹10L

0.65x

sHNI (< ₹10L)

Bids ₹2L to ₹10L

0.67x

Overall Subscription

Total Bids Received

1.23x

Popular Vehicles and Services Limited IPO Issue Details

Issue Price
₹280-295 Per Equity Share
Face Value
₹2 Per Equity Share
Fresh Share
84,78,130 shares(aggregating up to ₹250 crore)
Listing At
BSE, NSE
Listing Date
Mar 19, 2024
Registrar
Link Intime India Private Ltd

Market Lot Details

CategoryLotsSharesAmount
sHNI (Min)14700₹2,06,500
sHNI (Max)673,350₹9,88,250
bHNI (Min)683,400₹10,03,000

Reservation Details

NII14.97%

Shares Offered

30,53,663

QIB19.96%

Shares Offered

40,71,551

Anchor29.94%

Shares Offered

61,07,325

Company Information

Popular Vehicles and Services Limited is engaged in the business of automobile dealerships in India.Popular Vehicles provides complete services throughout the life cycle of vehicle ownership, includin...

Valuations

EPS (Pre-IPO)

10.22

EPS (Post-IPO)

11.25

P/E (Pre-IPO)

28.88

P/E (Post-IPO)

26.22

RoNW

10.42%

PAT Margin

1.41%

P/B Value

4.82

Financial Information (₹ in Crores)

MetricFY 23FY 22FY 21
Total Assets1503.781263.291118.94
Total Revenue4892.633484.22919.25
Profit After Tax64.0733.6732.46
Net Worth343.04279.89246

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Repayment and/or pre-payment, in full or part, of certain borrowings, availed by the company and certain of the subsidiaries, namely, VMPL, PAWL, PMMIL, KGPL, KCPL and PMPL
  2. 2General corporate purposes.

Popular Vehicles and Services Limited – Promoter(s)

John K. Paul
Francis K. Paul
Naveen Philip

Contact Details

Corporate Office

Kuttukaran Centre, Mamangalam, Cochin Ernakulam 682 025

+91 484 2341 134

cs@popularv.com

Visit Website

Popular Vehicles and Services Limited Allotment & Registrar Details

Check Allotment

Link Intime India Private Ltd

+91-22-4918 6270

popularvehicles.ipo@linkintime.co.in

Visit Registrar Website

Popular Vehicles and Services Limited IPO Documents

Frequently Asked Questions — Popular Vehicles and Services Limited IPO

The Popular Vehicles and Services Limited IPO price band is set at ₹280.00 to ₹295.00 per equity share.

The lot size for Popular Vehicles and Services Limited IPO is 50 shares per lot. The minimum investment amount is approximately ₹14,750.

The Popular Vehicles and Services Limited IPO opens on Mar 12, 2024 and closes on Mar 14, 2024.

Popular Vehicles and Services Limited IPO is expected to be listed on Mar 19, 2024 on BSE, NSE.

The registrar for Popular Vehicles and Services Limited IPO is Link Intime India Private Ltd. You can contact them at popularvehicles.ipo@linkintime.co.in.

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