Popular Vehicles & Services IPO Date, Price, GMP, Review, Details

The Popular Vehicles & Services has begun on 12-March-2024. It will close on 14-March-2024. The Total IPO Size is 601.55 Crore. The company set its IPO price is 295 Rs Per Share. Basically, there are three basic categories in Popular Vehicles & Services IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Retail.

Popular Vehicles & Services is a leading diversified automobile dealership in India.

They categorise their 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 ₹30,143.51 million, ₹15,702.54 million and ₹559.05 million, respectively, in Fiscal 2023.

The company have dealerships of the Maruti Suzuki India, Honda Cars India Limited, Jaguar Land Rover India Limited, Tata Motors Limited, Daimler India Commercial Vehicles,Piaggio,Ather Energy.

They operated through our network of 59 showrooms, 126 sales outlets and booking offices, 31 pre-owned vehicle showrooms and outlets, 134 authorised service centres, 40 retail outlets, and 24 warehouses located across 14 districts of Kerala, 8 districts in Karnataka, 12 districts in Tamil Nadu and 7 districts in Maharashtra.

Popular Vehicles & Services Promoters Details

John K. Paul, Francis K. Paul and Naveen Philip are the Promoters of the company.

Popular Vehicles & Services IPO Date, Details & Price Band

The Popular Vehicles & Services IPO Price Band, IPO Dates, Market lot and other details mention in be below table.

IPO Opening Dates 12-March-2024
IPO Closing Dates 14-March-2024
Price Band 280-295 Rs
Fresh Issue 250.00 Crore
OFS IPO size 351.55 Crore
Total IPO size 601.55 Crore
Minimum bid (lot size) 50 Shares
Face Value 2 INR Per Share
Issue Type Book Built Issue IPO
QIB Allocation 50%
HNI Allocation 15%
Retail Allocation 35%
Listing On NSE, BSE

Popular Vehicles & Services IPO Market Lot

The Popular Vehicles & Services IPO minimum market lot is 50 shares With 14,750 ₹ Amount per application.

Lot No of Shares Amount
Retail Minimum 1 50 14,750 ₹
Retail Maximum 13 650 191,750 ₹

Restated Financial Record of the three year (Amt. in Crore)

Total Assets Total Revenue Profit After Tax
31-Mar-23 1,503.78 4,892.63 64.07
31-Mar-22 1,263.29 3,484.20 33.67
31-Mar-21 1,118.94 2,919.25 32.46

Popular Vehicles & Services IPO GMP & Grey Market Premium

Popular Vehicles & Services IPO GMP Grey market premium has been started today. Check Latest Popular Vehicles & Services IPO GMP, Kostak Rates and Subject to Sauda Price here.

Popular Vehicles & Services IPO Prospectus

Popular Vehicles & Services IPO Prospectus Available on BSE and Sebi Website as well as on our Portal. Please click here to Download Popular Vehicles & Services IPO Prospectus.

Popular Vehicles & Services IPO Documents Download
DRHP Download
RHP Download
Anchor Investors List Download

Popular Vehicles & Services IPO Reviews

Angel Broking – Update Soon
Choice Broking – Update Soon
Prabhudas Lilladher – Update Soon

Popular Vehicles & Services IPO Form Download

Popular Vehicles & Services IPO form Available on NSE, BSE Website as well as on our Portal. Please click here to Download Popular Vehicles & Services IPO forms.

Popular Vehicles & Services IPO Allotment Date & Details

Allotment Date 15-March-2024
Initiation of refunds 18-March-2024
Transfer of shares to Demat accounts 18-March-2024
Listing Date 19-March-2024
Check Allotment Status Click here

Registrar of Popular Vehicles & Services

Link Intime India Private Limited
C-101, 1
st Floor, 247 Park
Lal Bahadur Shastri Marg
Vikhroli (West)
Mumbai 400 083
Maharashtra, India
Tel: +91 810 811 4949
E-mail: [email protected]
Website: www.linkintime.co.in
Investor Grievance E-mail:
[email protected]
Contact Person: Shanti Gopalkrishnan
SEBI Registration No.: INR000004058

Popular Vehicles & Services Contact Details

Popular Vehicles & Services Limited
34A,Metcalfe Street,
Kolkata – 700 013
Phone: +91 33 4014 0100
Email: [email protected]
Website: https://jgchem.com/

Popular Vehicles & Services IPO Lead Managers

Nuvama Wealth Management Limited (formerly
known as Edelweiss Securities Limited)
801 – 804, Wing A, Building No 3
Inspire BKC, G Block, Bandra Kurla Complex,
Bandra East, Mumbai 400 051
Maharashtra, India
Tel: +91 22 4009 4400
E-mail: [email protected]
Website: www.nuvama.com
Investor Grievance E-mail:
[email protected]
Contact person: Lokesh Shah
SEBI registration no.: INM000013004

Centrum Capital Limited
Level 9, Centrum House
C.S.T. Road, Vidyanagari Marg
Kalina, Santacruz (East)
Mumbai 400 098
Maharashtra, India
Tel: +91 22 4215 9000
E-mail: [email protected]
Website: www.centrum.co.in
Investor Grievance E-mail: [email protected]
Contact Person: Sooraj Bhatia/ Tanisha Shetty
SEBI Registration No.: INM000010445

ICICI Securities Limited
ICICI Venture House
Appasaheb Marathe Marg
Mumbai 400 025
Maharashtra, India
Tel: +91 22 6807 7100
E-mail: [email protected]
Website: www.icicisecurities.com
Investor Grievance E-mail:
[email protected]
Contact Person: Harsh Thakkar / Shekher Asnani
SEBI Registration No.: INM000011179

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