ISSUE OPEN
Popular Vehicles and Services Ltd.
Min Investment
₹14750
Subscribed Times
1x
Issues size
₹250 Crores
Price Range
₹280 - ₹295
Open on
12 Mar'24
Close on
14 Mar'24

Application Details

Lot Size
50
Issue Size
₹250 Crores
Issue Type
Book Building

IPO Timeline

12
Mar'24
Issue Open
14
Mar'24
Issue Close
01
Jan'00
Finalization of Basis of Allotment
01
Jan'00
Initiation of refund
01
Jan'00
Transfer of shares to Demat Account
01
Jan'00
Listing Date

Shares Offered

Qualified Inst. Buyers
0.00
Non Inst. Buyers
50.00
Retails Ind. Buyers
50.00

Subscription Status 

(as of 14 Mar 2024)
Overall Status0.89x
Qualified Inst. Buyers
1.14x
Non Inst. Buyers
0.29x
Retails Ind. Buyers
0.98x

Objects of the offer

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

Company’s Financials

Mar 2021
Mar 2022
Mar 2023
Equity Capital
Reserves and Surplus
Total Debt
Gross Block
Net Sales
PBIDT
PAT
Dividend
EPS
Book Value

Peer Comparison

Scrip NameRevenue(cr)Net Profit(cr)EPSCurrrent Ratio
Landmark Cars Ltd.3382.3584.4920.4538.37
Competent Automobiles Co Ltd.1731.5324.7340.2414.54
Naksh Precious Metals Ltd.0.09-0.09-0.08-139.75

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Guide to IPO Investment

Company Contact Info

Kuttukaran Centre,
Mamangalam,
Kuttukaran Centre,
Mamangalam,Cochin,Kerala-682025
Phone : 2341134

Book Running Managers

CENTRUM CAPITAL LTD
ICICI SECURITIES LTD
Nuvama Wealth Management Ltd.

Registrar & Transfer Agent

Link Intime India Pvt. Ltd.
C-101, 1st Floor,247 Park, L.B.S. Marg,Vikhroli (West),Mumbai,Maharashtra-400083
Phone : 49186200
Fax :49186195/

Offer Related Information

Initial public offering of up to 20391651 equity shares of face value of Rs.2.00 each (Equity Shares) of Popular Vehicles and Services Ltd.("The Company" or the "Issuer")
 for cash at a price of Rs.295.00 per equity share (including a premium of Rs.293.00 per equity share) ("Offer Price")
aggregating up to Rs.6015537045 crores.
Offer Price: Rs.295.00 per equity share of face value of Rs.2.00 each.
The Offer Price is {ApplicationMoney/FaceValue} times of the face value
The minimum bid lot is 50 equity shares and in multiples of 50 equity shares thereafter
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