IPO Trending
PFLSME / BSEListed
Popular Foundations

Popular Foundations Limited, established in 1998, provides engineering and construction services with end-to-end solutions across various sectors, including factories, educational institutions, and commercial and residential projects. The company primarily focuses on non-residential and non-government projects, mainly in Chennai, while also completing successful projects in Pondicherry, Tanjore, Bangalore, Trichy, Madurai, Vizhuppuram, and Coimbatore. As of September 7, 2024, Popular Foundations employed 86 professionals, including senior executives, working both on-site and at its headquarters.

DRHP
₹37 - ₹379.27x sub
Listed Price₹37.00
Listing Gain+0.00%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open13 Sep 2024
Close19 Sep 2024
Allotment20 Sep 2024
Listing24 Sep 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail25,50,000 shares
47.5%
Other25,50,000 shares
47.5%
Market Maker2,70,000 shares
5.03%

Minimum Application Lots

Retail1 Lot (3,000 shares)
₹1,11,000
HNI2 Lots (6,000 shares)
₹2,22,000

Company Promoters

Mr. Ananthanarayanan Sankaralingam VenkateshMrs. Vinita Venkatesh

Company Background

Popular Foundations Limited, established in 1998, provides engineering and construction services with end-to-end solutions across various sectors, including factories, educational institutions, and commercial and residential projects. The company primarily focuses on non-residential and non-government projects, mainly in Chennai, while also completing succes...

Lead Managers & Bankers

Srujan Alpha Capital Advisors LLP

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2024 )₹5191 Cr
Growth+97.4%
Revenue Trend (₹ in Crores)
0.02.0k4.0k6.0kMar 2022Mar 2023 Mar 2024
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 2024 5,191347.766,354.871,578.4
Mar 2023 4,866.89119.614,864.71,753.99
Mar 20222,630.1748.084,929.491,835.37

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-24 2.4123.17%22.77%15.9721.68
Mar-23 0.96119.61%11.85%00
Mar-220.3848.08%9.39%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Pvt Ltd

Allotment Finalized
Allotment Date
20 Sep 2024
Official Status
Out / Finalized
Registrar
Bigshare Services Pvt Ltd
Listing Date
24 Sep 2024

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Pvt Ltd

Direct allotment verification on the official registrar portal appointed for Popular Foundations. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization20 Sep 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date24 Sep 2024Trading commences on exchange

How to Check Popular Foundations Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Popular Foundations from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About Popular Foundations IPO

Complete issue overview for Popular Foundations (PFL) IPO. The issue features an equity share price band of ₹37 per share with a minimum retail lot size of 3000 Shares (minimum application amount of ₹1,11,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions