Popular Vehicles & Services IPO details (12 – 14 Mar), (Price ₹280 to ₹295)
Listing date and Listing Price of Popular Vehicles & Services IPO:
- Popular Vehicles & Services IPO listed on BSE and NSE exchanges on – Click Here
- Listing Price of Popular Vehicles & Services IPO on NSE – Click Here
- Listing Price of Popular Vehicles & Services IPO on BSE – Click Here
Grey Market premium (GMP) price of Popular Vehicles & Services IPO:
Grey Market premium (GMP) price of Popular Vehicles & Services IPO is Rs. __. Grey Market premium (GMP) of Popular Vehicles & Services IPO means, unofficially if someone buys or sells his application at a fixed rate irrespective of listing price. Check latest GMP of all IPOs.
Popular Vehicles & Services IPO Allotment link status on Link Intime:
- Check the allotment status of Popular Vehicles & Services IPO on the below link given by Link Intime.
- Popular Vehicles & Services IPO Allotment Link – https://linkintime.co.in/MIPO/Ipoallotment.html
Popular Vehicles & Services IPO Allotment link status on Link Intime can be checked by Application No or DP Client ID or PAN.
Popular Vehicles & Services IPO subscription status details:
| QIB (Qualified Institl. Bidders) | NIB (Non-institutional Investor) | RII (Retail Individual Investor) | Employee category | Total No. of times applied | |
| No. of shares offered | |||||
| Day 1 | |||||
| Day 2 | |||||
| Day 3 |
Popular Vehicles & Services IPO subscription status live
Popular Vehicles & Services IPO highlights:
| Popular Vehicles & Services IPO bid Opens on | 12 Mar 2024 |
| Popular Vehicles & Services IPO bid Closes on | 14 Mar 2024 |
| Issue type | 100% Book Building |
| Popular Vehicles & Services IPO issue size | ₹ 601.55 Cr |
| Face value of each equity share | Rs. 2 |
| Popular Vehicles & Services IPO Price band | Rs 280 to Rs 295 per share |
| Popular Vehicles & Services IPO market lot | 50 equity shares and multiples |
| Popular Vehicles & Services IPO minimum order quantity | 50 equity shares |
| Pre IPO equity share of promoters of Popular Vehicles & Services | 65.79 % |
| Post IPO paid-up equity share of promoters of Popular Vehicles & Services | __ % |
| QIB portion reservation in Popular Vehicles & Services IPO | 50 % |
| NIB portion reservation in Popular Vehicles & Services IPO | 15 % |
| Retail portion reservation in Popular Vehicles & Services IPO | 35 % |
| Retail individual bidder can apply in Popular Vehicles & Services IPO | up to 2 lakh (200,000) – Maximum 13 Lot |
| Retail individual discount in Popular Vehicles & Services IPO | NA |
| Employees can apply in Popular Vehicles & Services IPO | NA |
| Employees Reservation in Popular Vehicles & Services IPO | NA |
| Employees Discount in Popular Vehicles & Services IPO | Rs. 28 per equity share |
| Listing of Popular Vehicles & Services at Exchanges | NSE, BSE |
| Fund raised from Anchor Investors in Pre-IPO of Popular Vehicles & Services | NA |
| Registrar of Popular Vehicles & Services IPO issue | Link Intime India Private Limited |
Popular Vehicles & Services IPO important dates regarding bidding, allotment, listing, refund etc. :
The probable dates regarding bidding, allotment, listing, refund of Popular Vehicles & Services IPO are mentioned below.
| Popular Vehicles & Services IPO opens on | 12.03.2024 |
| Popular Vehicles & Services IPO Closes on | 14.03.2024 |
| Allotment basis date of Popular Vehicles & Services IPO | 15.03.2024 |
| Money refund date of Popular Vehicles & Services IPO | 18.03.2024 |
| Shares of Popular Vehicles & Services in Demat Account | 18.03.2024 |
| Popular Vehicles & Services IPO listing date on NSE, BSE | 19.03.2024 |
How much shares of Popular Vehicles & Services IPO are being offered?
| Type of Issue (Fresh / OFS) | No. of Equity shares offered | Amount of Equity shares |
| Total Issue size | ₹ 601.55 Crore | |
| Fresh Issue size | – | ₹ 250 Crore |
| Offer for Sale (OFS) | – | ₹ 351.55 Crore |
| Employee Reservation | – | – |
IPO Red Herring Prospectus (RHP) of Popular Vehicles & Services:
Click here for IPO RHP of Popular Vehicles & Services on SEBI website.
Business of Popular Vehicles & Services: (Source – RHP)
We are a diversified automobile dealership in India in terms of revenue as of Fiscal 2023, (Source: CRISIL Report) having a fully integrated business model. We cater to the complete life cycle of vehicle ownership, right from the sale of new vehicles, servicing and repairing vehicles, distributing spare parts and accessories, to facilitating sale and exchange of pre-owned vehicles, operating driving schools and facilitating the sale of third-party financial and insurance products. We categorise our automobile dealership business into three key segments, namely, (a) passenger vehicles including luxury vehicles, (b) commercial vehicles and (c) electric two-wheeler and three-wheeler vehicles, which contributed to our revenue from operations aggregating to ₹16,918.51million, ₹9,616.33 million and ₹450.41 million, respectively, during the six months period ended September 30, 2023.
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