Listed Price₹289.20
Listing Gain-1.97%
Price Band₹280 - ₹295
Lot Size50 shares
Min Bid₹14,750
Subscription1.24x
Listed Market Snapshot
₹289.20Listed price from market data
-1.97%listing gain
Issue Amount
₹601.55 Cr
Listed Price
₹289.20
Current Price
₹95.32
Registrar
Link Intime India Private Limited
Timeline•Book Built Issue IPO
Open12 Mar 2024
Close14 Mar 2024
Allotment15 Mar 2024
Listing19 Mar 2024
Quota Reservation Portions
RetailPortion: 71,23,970 shares
34.94%Nii(hni)Portion: 30,53,130 shares
14.97%QIBPortion: 40,70,840 shares
19.96%EmployeesPortion: 37,453 shares
0.18%Minimum Application Bracket Matrix
Retail1 lots / 50 shares
₹14,750sHNI14 lots / 700 shares
₹2,06,500bHNI68 lots / 3,400 shares
₹10,03,000About the Company
Popular Vehicles and Services Limited, founded in 1983, is a leading automobile dealership in India, providing a comprehensive range of sales and after-sales services. With an extensive network of 59 showrooms, 126 sales outlets, 31 pre-owned vehicle showrooms, and 134 authorized service centers, the company operates across Kerala, Karnataka, Tamil Nadu, and Maharashtra. Beyond vehicle sales, it offers servicing, spare parts distribution, and financial and insurance products. In FY 2023, Popular Vehicles serviced over 791,000 vehicles, underscoring its customer-centric approach. With PAT growth from ₹324.55 million in FY 2021 to ₹640.74 million in FY 2023, the company continues its strong trajectory in the Indian automotive sector.
Company Promoters
John K. PaulFrancis K. PaulNaveen Philip
Registrar
Link Intime India Private Limited