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Popular Vehicles & Services Limited IPO Date, Price, Review and Details

 

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Popular Vehicles & Services Limited IPO

March 12, 2024 - March 14, 2024 Closed

Popular Vehicles & Services Limited IPO

Popular Vehicles and Services Limited are a comprehensive car dealership in India that covers all aspects of owning the vehicle. From selling new cars to providing maintenance and repairs, distributing spare parts and accessories, assisting with pre-owned vehicle sales & exchanges, running driving schools, and offering third-party financial and insurance products, they have covered throughout your vehicle ownership journey. They run the dealerships for passenger vehicles, offering economy, premium, & luxury cars from various manufacturers. These include Maruti Suzuki's Arena and Nexa brands, and Honda cars through their subsidiary VMPL, and Jaguar Land Rover vehicles.

Company Promoters:

  • John K. Paul
  • Francis K. Paul
  • Naveen Philip

Objects of this Issue:

  •  Repayment  and/or  pre-payment,  in  full  or  part,  of  certain  borrowings,  availed  by  our  Company  andcertain  of  our Subsidiaries, namely, PAWL,PMMIL,KGPL,KCPLand PMP.
  • General corporate purposes.

Financial Information of the Company:

 

Amount in Million (Rs.)

As on 31 Mar 2023

As on 31 Mar 2022

As on 31 Mar 2021

Total Assets

15,037.80

12,632.88

11,189.36

Total Liabilities

11,607.36

9,834.02

8,729.34

Net Profit

640.74

336.69

324.55

Popular Vehicles & Services Limited IPO Schedule

1.     Bid or Offer Opens on: 12 March 2024
2.     Bid or Offer Closes on: 14 March 2024
3.     Finalization of BoA: 15 March 2024
4.     Initiation of Refunds: 18 March 2024
5.     Credit of share to Demat account: 18 March 2024
6.     Listing Date: 19 March 2024

Popular Vehicles & Services Limited IPO Lot Size

The market lot size of the POPULAR VEHICLES & SERVICES LIMITED IPO is 1 share. Minimum and Maximum order quantity is as follows:

Application

Lots

Shares

Amount

Retail

Minimum

1

50

₹14,750

Maximum

13

650

₹191,750

S-HNI

Minimum

14

700

₹206,500

S-HNI

Maximum

67

3,350

₹988,250

B-HNI

Minimum

68

3,400

₹1,003,000

Company Contact Details:

Popular Vehicles & Services Limited IPO

Kuttukaran Centre, Mamangalam, Cochin, Ernakulam 682 025,

Kerala, India

Phone: +91 484 2341 134

Email:  cs@popularv.com

Website: www.popularmaruti.com

 

Popular Vehicles & Services Limited IPO Registrar Details:

Link Intime India Private Limited

C-101, 1st Floor, 247 Park, L.B.S. Marg,

Vikhroli (West)Mumbai 400 083 Maharashtra

Phone: 91 8108114949

Email:  popularvehicles.ipo@linkintime.co.in

Website: www.linkintime.co.in

Frequently Asked Question

Post-issue shareholdings of Popular Vehicles & Services Limited IPO promoters are [.]%.
Popular Vehicles & Services Limited IPO shares will get listed at NSE, BSE.
Popular Vehicles & Services Limited IPO customer care number is +91 9892691696
The meaning of "Popular Vehicles & Services Limited IPO GMP " is the Grey Market Premium (GMP) for the initial public offering (IPO) of Popular Vehicles & Services Limited IPO on the current day.
You can obtain more information about the Popular Vehicles & Services Limited IPO by visiting the company's official website, reading the IPO prospectus available on the stock exchange website, contacting your stockbroker, or reaching out to Popular Vehicles & Services Limited IPO investor relations department.
You can apply for an IPO from any place via the internet as it is an online process. You can apply for an IPO using 2 methods i.e., ASBA and UPI. ASBA facility is provided by your bank and UPI method is offered by your stockbroker. You can invest in Popular Vehicles & Services Limited IPO by using any one of these methods at your convenience.
popular vehicles and services limited ipo is going to open on 12 March 2024.
If you do not get the allotment of platinum industries private limited shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Pre-issue shareholdings of popular vehicles and services ipo market promoters are 65.79%.
The minimum investment required for the Popular Vehicles & Services Limited IPO varies and is usually specified in the IPO prospectus. It's important to check the prospectus or consult with your broker for the exact minimum investment amount.
Link Intime India Private Ltd is the registrar of popular vehicles & services ltd IPO.
Face value of equity shares of popular vehicles and services ltd. ipo is ₹2.
Popular Vehicles & Services Limited IPO will get listed on March 19, 2024.
Popular Vehicles & Services Limited IPO will be closed on 14 March 2024.
You will receive the allotted shares in your Demat account on March 15, 2024.
Market lot size of the Popular Vehicles & Services Limited IPO is 50 shares.
Price of 1 share of Popular Vehicles & Services Limited IPO is ₹280 to ₹295.
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