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POPULAR VEHICLES & SERVICES LTD. IPO: All You Need To Know

POPULAR VEHICLES & SERVICES LTD. IPO was launched on 12-Mar-24. Here is all you need to know about this IPO.

POPULAR VEHICLES & SERVICES LTD. IPO Details
Issue Opening Date 12-Mar-24
Issue Closing Date 14-Mar-24
Issue Type OFFERS FOR SALE CUM FRESH CAPITAL
Issue Size (INR bn) 6.0
Fresh Issue (No.of shares) 8,476,753
Offer for Sale (No.of shares) 11,917,075
Face Value (INR) 2.00
IPO Price Band (INR) 280 to 295
Market Lot (No.of shares) 50
Min Order Quantity 50
Listing At NSE / BSE
Pricing Method BOOKBUILDING
Year of Incorporation 1983
Industry AUTOMOBILES- PASSENGER CARS/LCV/TRACTORS/TRUCKS
Total Issue Size (No.of shares) 20,393,828
Objects Of Issue REPAYMENT AND/OR PRE-PAYMENT, IN FULL OR PART, OF CERTAIN BORROWINGS, AVAILED BY COMPANY AND CERTAIN OF SUBSIDIARIES, NAMELY, PAWL, PMMIL, KGPL, KCPL AND PMPL #GENERAL CORPORATE PURPOSES #OFFER RELATED EXPENSES IN RELATION TO THE FRESH ISSUE
Registrar Details LINK INTIME INDIA PVT.LTD.
POPULAR VEHICLES & SERVICES LTD. IPO Timetable
Bid/Offer Launch Date 12-Mar-24
Bid/Offer Close Date 14-Mar-24
Basis of Allotment Finalization Date -
Initiation of Refunds -
Credit of Shares to Demat Account -
Listing Date 19-Mar-24
POPULAR VEHICLES & SERVICES LTD. IPO Shares Offered
Category Shares Offered
QIB 10,178,875
HNI 3,053,663
Retail 7,125,214
Employee 37,453
Others -
Total 20,393,828
POPULAR VEHICLES & SERVICES LTD. IPO Promoter Holding
Pre Issue Share Holding 69%
Post Issue Share Holding 61%
POPULAR VEHICLES & SERVICES LTD. Overall Subscription details (Times subscribed)
Category Subscription Status
QIB 1.52
HNI 0.66
Retail 1.03
Employee 0.61
Others -
Total 1.22
POPULAR VEHICLES & SERVICES LTD. Date wise Subscription
Date QIB HNI Retail Employee Mutual Funds Others Total
Day 1 (12-Mar-24) - 0.11 0.48 4.06 - - 0.49
Day 2 (13-Mar-24) - 0.21 0.79 6.53 - - 0.62
Day 3 (14-Mar-24) 1.23 0.67 1.07 8.04 14.98 - 1.17
POPULAR VEHICLES & SERVICES LTD. Financials
Year Ending 31-Mar-21 31-Mar-22 31-Mar-23
Total Income (Rs m) 17,042.50 18,776.10 25,257.10
Total Expenditure (Rs m) 16,820.20 18,639.00 24,867.00
Net Profit After Tax (Rs m) 158.50 69.80 158.50
Company Address KUTTUKARAN CENTRE, MAMANGALAM, ERNAKULAM, COCHIN 682025, KERALA
POPULAR VEHICLES & SERVICES LTD. IPO Prospectus
RHP

Current & Recent IPOs  |  Upcoming IPOs  |  Performance of IPOs

Data Sourced from:

primedatabase.com is India's first and still the only database dedicated to the primary capital market. Started in 1989, Prime
continues to be the single source of comprehensive information on all capital market offerings.


Have A Question On POPULAR VEHICLES & SERVICES LTD. IPO?

When POPULAR VEHICLES & SERVICES LTD. IPO will open?

Below is the schedule for the same:

POPULAR VEHICLES & SERVICES LTD. IPO

IPO opens on: 12-Mar-24

IPO closes on: 14-Mar-24

What is the lot size of POPULAR VEHICLES & SERVICES LTD. IPO?

The lot size of POPULAR VEHICLES & SERVICES LTD. IPO is 50 shares. Investors will need to apply for a minimum order of 50 shares and in multiples thereof.

How to apply for POPULAR VEHICLES & SERVICES LTD. IPO?

An investor can apply in POPULAR VEHICLES & SERVICES LTD. IPO online using either UPI or Application Supported by Blocked Amount (ASBA) as payment method.

While ASBA IPO application is available in the net banking section, UPI IPO application is offered by brokers who don't offer banking services.

When is POPULAR VEHICLES & SERVICES LTD. IPO allotment?

The tentative finalization of basis of allotment for POPULAR VEHICLES & SERVICES LTD. IPO will be done on -, and the allotted shares will be credited to your demat account by -.

When is POPULAR VEHICLES & SERVICES LTD. IPO listing date?

The tentative listing date of POPULAR VEHICLES & SERVICES LTD. IPO is scheduled for 19-Mar-24.

Where are the POPULAR VEHICLES & SERVICES LTD. shares supposed to be listed?

Shares of POPULAR VEHICLES & SERVICES LTD. are expected to list on NSE / BSE.

What is Face value of POPULAR VEHICLES & SERVICES LTD. IPO?

At present, one share of POPULAR VEHICLES & SERVICES LTD. has a face value of Rs 2.00.

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PLEASE NOTE:
The information in the web site has been compiled from sources we believe to to be reliable, but we do not hold ourselves responsible for its completeness or accuracy. This is not an offer to sell or a solicitation to buy any securities. Investors are advised to read the offer document before making an investment decision.