Popular Vehicles IPO

Popular Vehicles IPO description – The Company is a leading diversified automotive dealership in India in terms of revenue, operates as sixth largest passenger vehicle dealerships for Maruti Suzuki India, as fifth largest passenger dealership for Honda Cars India and Jaguar Land Rover India and the third largest commercial vehicle dealership group for the Tata Motors Commercial in terms of sales by volume, across India as of March 31, 2021, with a presence across the automotive retail value chain, including sale of new passenger and commercial vehicles, services and repairs, spare parts distribution, sale of pre-owned passenger vehicles and facilitation of sale of third-party financial and insurance products.

As a diversified and fully integrated automotive dealership company, the company caters to the complete life-cycle of vehicle ownership, right from operating driving schools, retailing new vehicles, servicing and repairing vehicles, distributing spare parts, to facilitating sale or exchange of pre-owned vehicles and facilitation of sale of third-party financial and insurance products. From the automotive sector, its profit after tax registered a growth from INR 21.4 crore  in FY 2019 to INR 32.5 crore in FY 2021. From the services and repair segment, the company has achieved a growth in total EBITDA from INR142.5 crore in FY 2019 to INR174.9 million in FY 2021.

Promoters of Popular Vehicles & Services – John K. Paul, Francis K. Paul and Naveen Philip


Subscription DatesComing soon
Price BandComing soon
Fresh issueINR150 crore
Offer For Sale4,66,666 shares
Total IPO sizeComing soon
Minimum bid (lot size)Coming soon
Face Value INR10 per share
Retail Allocation35%
Listing OnNSE, BSE

 FY2019FY2020FY2021
Revenue3,916.43,180.52,919.3
Expenses3,884.73,198.62,872.0
Net income21.412.532.5
Margin (%)0.50.41.1


Earnings Per Share (EPS): INR25.88
Price/Earnings (PE ratio): NA
Return on Net Worth (RONW): 13.19%
Net Asset Value (NAV): 196.17


DatePopular Vehicles IPO GMPKostakSubject to Sauda

CategoryShares OfferedDay 1Day 2Day 3
QIB
NII
Retail
Employees
Total
Subscription figures in number of times, at 5:00 PM

Angel One –
Anand Rathi –
Antique Stock Broking –
Arihant Capital –
Ashika Research –
Asit C Mehta –
Canara Bank Securities –
Choice Broking –
Elite Wealth –
GEPL Capital –
Hem Securities –
ICICIdirect –
IDBI Capital –
KR Choksey –
Marwadi Financial Services –
Motilal Oswal –
Nirmal Bang –
Religare Broking –
Samco Securities –
SMC Global –
Ventura Securities –


Link Intime India Private Limited 
C-101, 1st Floor,
247 Park Lal Bahadur Shastri Marg,
Vikhroli (West) Mumbai – 400 083
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email[email protected]
Website: http://www.linkintime.co.in


Popular Vehicles and Services Limited
Kuttukaran Centre
Mamangalam, Cochin
Ernakulam 682 025
Kerala, India
Phone: +91 484 2341 134
Email: [email protected]
Website: www.popularmaruti.com


Popular Vehicles IPO allotment will be available on Link Intime’s website. Click on this link to get allotment status.


IPO Opening Date: Coming soon
IPO Closing Date: Coming soon
Finalisation of Basis of Allotment: Coming soon
Initiation of refunds: Coming soon
Transfer of shares to demat accounts: Coming soon
Listing Date: Coming soon
Opening Price on NSE: Coming soon
Closing Price on NSE: Coming soon


How many shares in Popular Vehicles IPO are reserved for HNIs and retail investors?

The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.

How to apply in Popular Vehicles Public Offer?

The best way to apply in Popular Vehicles IPO is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.

What is Popular Vehicles IPO GMP today?

Popular Vehicles IPO GMP today is NA per share.

What is Popular Vehicles IPO kostak rate today?

Popular Vehicles IPO kostak rate today is NA per application.

What is Popular Vehicles Subject to Sauda rate rate today?

Popular Vehicles Subject to Sauda rate today is NA per application.

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