Listed Price₹37.00
Listing Gain+0.00%
Price Band₹37
Lot Size3,000 shares
Min Bid₹1,11,000
Subscription9.27x
Listed Market Snapshot
₹37.00Listed price from market data
+0.00%listing gain
Issue Amount
₹19.87 Cr
Listed Price
₹37.00
Current Price
₹27.2
Registrar
Bigshare Services Pvt Ltd
Timeline•Fixed Price Issue IPO
Open13 Sep 2024
Close19 Sep 2024
Allotment20 Sep 2024
Listing24 Sep 2024
Quota Reservation Portions
RetailPortion: 25,50,000 shares
47.5%OtherPortion: 25,50,000 shares
47.5%Market MakerPortion: 2,70,000 shares
5.03%Minimum Application Bracket Matrix
Retail1 lots / 3,000 shares
₹1,11,000HNI2 lots / 6,000 shares
₹2,22,000About the Company
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.
Company Promoters
Mr. Ananthanarayanan Sankaralingam VenkateshMrs. Vinita Venkatesh
Lead Managers
Registrar
Bigshare Services Pvt Ltd