Last updated on September 24, 2024
Popular Foundations IPO description – Popular Foundations specializes in engineering and construction activities, providing comprehensive end-to-end solutions in the construction sector in and around Chennai. The company caters to various verticals such as factories, educational institutions, and commercial, and residential projects.
The company excels in obtaining contracts within the institutional and hospitality sectors, showcasing a robust track record of quality and reliability. Popular Foundations has gained recognition among numerous educational institutions, industries, and commercial establishments because of its engineering, architecture, and interior and exterior fit-out expertise. The company has successfully undertaken projects in Pondicherry, Tanjore, Bangalore, Trichy, Madurai, Vizhuppuram, and Coimbatore.
As of September 2024, the company had 86 employees at the construction site and registered Office including its key managerial persons.
Promoters of Popular Foundations – Ananthanarayanan Sankaralingam Venkatesh, & Vinita Venkatesh
Table of Contents
Popular Foundations IPO Details
Popular Foundations IPO Dates | 13 – 18 September 2024 |
Popular Foundations Issue Price | INR 37 per share |
Fresh issue | 53,70,000 shares (INR 19.87 crore) |
Offer For Sale | NIL |
Total IPO size | 53,70,000 shares (INR 19.87 crore) |
Minimum bid (lot size) | 3,000 shares (INR 1,11,000) |
Face Value | INR 10 per share |
Retail Allocation | 50% |
Listing On | BSE SME |
Popular Foundations Financial Performance
 | FY 2022 | FY 2023 | FY 2024 |
Revenue | 25.89 | 47.10 | 51.82 |
Expenses | 25.92 | 47.31 | 46.53 |
Net income | 0.48 | 1.20 | 3.48 |
Popular Foundations Offer News
- Popular Foundations RHP
- Popular Foundations Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Popular Foundations Valuations & Margins
FY 2022 | FY 2023 | FY 2024 | |
EPS | 0.38 | 0.96 | 2.41 |
PE ratio | – | – | 15.35 |
RONW (%) | 3.47 | 8.06 | 15.03 |
NAV | 11.07 | 11.87 | 16.06 |
ROCE (%) | 9.39 | 11.85 | 22.77 |
EBITDA (%) | 10.08 | 6.65 | 13.68 |
Debt/Equity | 1.33 | 1.18 | 0.68 |
Popular Foundations IPO GMP Today
Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
Coming soon | – | – | – |
Popular Foundations IPO Subscription – Live Updates
Category | Non-retail | Retail | Total |
---|---|---|---|
Shares Offered | 25,50,000 | 25,50,000 | 51,00,000 |
19 Sep 2024 | 3.65 | 14.89 | 9.27 |
18 Sep 2024 | 2.80 | 11.83 | 7.32 |
17 Sep 2024 | 2.19 | 8.03 | 5.11 |
16 Sep 2024 | 1.59 | 5.06 | 3.32 |
13 Sep 2024 | 0.90 | 1.48 | 1.19 |
The market maker reservation portion of 2,70,000 shares is not included in the above calculations.
Popular Foundations IPO Allotment Status
Popular Foundations IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Popular Foundations Offer Dates & Listing Performance
IPO Opening Date | 13 September 2024 |
IPO Closing Date | 18 September 2024 |
Finalization of Basis of Allotment | 19 September 2024 |
Initiation of refunds | 20 September 2024 |
Transfer of shares to demat accounts | 20 September 2024 |
IPO Listing Date | 24 September 2024 |
Opening Price on BSE SME | INR 37 per share (no change) |
Closing Price on BSE SME | INR 37.15 per share (up 0.41%) |
Popular Foundations Offer Lead Manager
SRUJAN ALPHA CAPITAL ADVISORS LLP
824 & 825, Corporate Avenue
Sonawala Road , Goregaon (E)
Mumbai – 400063
Phone:Â +91 2246030709
E-mail:Â [email protected]
Website:Â www.srujanalpha.com
Popular Foundations Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â www.bigshareonline.com
Popular Foundations Issue Contact Details
POPULAR FOUNDATIONS LIMITED
New No. 32/1, 32/2, Old No. 9/1, 9/2, Kamatchi Apartment,
10th Avenue, Ashok Nagar, Chennai-600083, Tamilnadu, India
Phone: +91 9414987318
E-mail: [email protected]
Website: www.grouppopular.com
IPO FAQs
What is Popular Foundations offer size?
Popular Foundations offer size is INR 19.87 crores.
What is Popular Foundations offer price band?
Popular Foundations public offer price is INR 37 per share.
What is the lot size of Popular Foundations IPO?
Popular Foundations offer lot size is 3,000 shares.
What is Popular Foundations IPO GMP today?
Popular Foundations IPO GMP today is INR NA per share.
What is Popular Foundations kostak rate today?
Popular Foundations kostak rate today is INR NA per application.
What is Popular Foundations IPO Subject to Sauda rate today?
Popular Foundations’s Subject to Sauda rate today is INR NA per application.