Popular Vehicles And Services
Popular Vehicles And Services Info
Details about the Popular Vehicles And Services IPO. Opening Date of Popular Vehicles And Services is 12 Mar 24 and Closing Date is 14 Mar 24 . Face Value of Each share of Popular Vehicles And Services is ₹2 per share. Price band of Popular Vehicles And Services is ₹280 to ₹295. The Lot size of Popular Vehicles And Services is 50 shares. Total issue size of Popular Vehicles And Services IPO is ₹601.55 cr. Fresh Issue of Popular Vehicles And Services IPO is 250 cr. Popular Vehicles And Services IPO also includes offer for sale of ₹351.55 cr.This is a Book Building IPO. Expected to list on NSE & BSE. Share Holding Pre Issue of Popular Vehicles And Services is 62,721,445. Share Holding Post Issue of Popular Vehicles And Services is 71,196,021.
Business Summary
Popular Vehicles & Services isiIncorporated in 1983, It is engaged in the business of automobile dealerships in India.
Company cater to the complete life cycle of vehicle ownership, right from the sale ofnew 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.
Company 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 revenuefrom operations aggregating to ₹16,918.51million, ₹9,616.33 million and ₹450.41 million, respectively, during the six months period ended September 30, 2023
Popular Vehicles And Services IPO Details
| Open Date | 12 Mar 24 |
|---|---|
| Close Date | 14 Mar 24 |
| Face Value | ₹2 per shares |
| Price Band | ₹280 - ₹295 |
| Lot Size | 50 Shares |
| Employee Discount | ₹28 per Shares |
| Total issue Size | 20,391,651 Shares ₹601.55 cr |
| Fresh Issue | 8,474,576 Shares ₹250 cr |
| Offer for Sale | 11,917,075 Shares (₹351.55 cr) |
| Issue Type | Book Building |
| Listing At | NSE & BSE |
| Share Holding Pre Issue | 62,721,445 |
| Share Holding Post Issue | 71,196,021 |
| RHP , DHRP | View RHP, View DRHP |
Popular Vehicles And Services IPO Timeline
The Popular Vehicles And Services Initial Public Offering (IPO) is set to open on 12 Mar 24 and will end its subscription phase on 14 Mar 24. You can check your allotment status for Popular Vehicles And Services on 15 Mar 24. The refund process for your funds will start promptly on 18 Mar 24. Popular Vehicles And Services IPO credit of shares will be on 18 Mar 24. The listing date for Popular Vehicles And Services is on 19 Mar 24.
Open Date
Close Date
Basis Of Allotment
Initiation of Refund
Credit of Share
Listing Date
Popular Vehicles And Services IPO Reservation
The Popular Vehicles And Services IPO reserves shares for different investor categories. Approximately Not more than 50% of the Net Issue will be available for QIB, Not less than 15% of the Net Issue will be available for NII, Not less than 35% of the Net Issue will be available for Retail,
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50% of the Net Issue |
| NII | Not less than 15% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
Popular Vehicles And Services IPO Lot Size
Bids can be made for minimum of 50 shares and in multiple of 50 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 50 | 14,750 |
| Retail (Max) | 13 | 650 | 191,750 |
| S-HNI (Min) | 14 | 700 | 206,500 |
| S-HNI (Max) | 67 | 3,350 | 988,250 |
| B-HNI (Min) | 68 | 3,400 | 1,003,000 |
Popular Vehicles And Services IPO Promoters Holding
Promoters holding details for Popular Vehicles And Services in the current issue is as follows: The share holding of promoters before the issue stands at 65.79%, and after the issue, it has been adjusted to -%.
Promoters of Popular Vehicles And Services are John K. Paul, Francis K. Paul, Naveen Philip,
| Share Holding Pre Issue | 65.79% |
|---|---|
| Share Holding Post Issue | -% |
Popular Vehicles And Services Financial Information
Financial performance details for Popular Vehicles And Services over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 30 Sept 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 1,941.78 | 1,503.78 | 1,263.29 | 1,118.94 |
| Revenue | 2,848.21 | 4,892.63 | 3,484.2 | 2,919.25 |
| Profit After Tax | 40.04 | 64.07 | 33.67 | 32.46 |
Popular Vehicles And Services IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Popular Vehicles And Services are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 28.88 |
| ROCE | 8.83% |
| ROE | 10.42% |
| RoNW | 10.42% |
| EPS (Rs) | 10.22 |
Object of the Issue
- • Repayment and/or pre-payment, in full or part, of certain borrowings, availed by the Company and certain of the Subsidiaries, namely, PAWL, PMMIL, KGPL, KCPL, and PMPL
- • General corporate purposes
Contact Details for Popular Vehicles And Services
Phone
Office
Kuttukaran Centre, Mamangalam, Cochin, Ernakulam 682 025, Kerala, India
Registrar Details for Popular Vehicles And Services
Link Intime India Private Ltd
Phone
Office
C-101, 1st Floor, 247 ParkL.B.S. Marg, Vikhroli West Mumbai 400 083, Maharashtra, India
Lead Manager
- • ICICI Securities Limited
- • Nuvama Wealth Management Limited
- • Centrum Capital Limited