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Popular Vehicles & Services Ltd.
Issue Open Date 12-Mar-24  
Issue Closing Date 14-Mar-24  
Application Money 100  
Allotment Money  
Price Band 280 - 295  
Minimium Application No. 50  
Issue Size (Shares) 20395205  
Market Lot 1.00  
Objective
1. Repayment and/or pre-payment, in full or part, of certain borrowings, availed by our Company and certain of our Subsidiaries, namely, VMPL, PAWL, PMMIL, KGPL, KCPL and PMPL.2. General corporate purposes.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   3121490   2055350   0.66  
Qualified Institutional Buyers   3970461   7810150   1.97  
Retail Individual Investors   7283477   7634850   1.05  
Business Description
We are a leading diversified automotive dealership in India in terms of revenue (Source: CRISIL Report), with a presenceacross the automotive retail value chain, including sale of new passenger and commercial vehicles, services and repairs, spareparts distribu
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Promoter's Holding
Total Share Capital   43558086  
Offered to Public   20395205  
Promoter's Holding (Pre-Issue)   69.45  
Promoter's Holding (Post-Issue)   61.17  
Address
Kuttukaran Centre
Mamangalam
Cochin
Ernakulam ,
Kerala ,
682025
Phone:0484 2341134
Email:cs@popularv.com
Website: www.popularmaruti.com
Registrar
Link Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
Listed at
BSE, NSE
Lead Manager
Centrum Capital Ltd
ICICI Securities Ltd
Nuvama Wealth Management Ltd.
Promoters
Francis K Paul
John K Paul
Naveen Philip