UPI Mandate for Bids placed between 5 PM and before 10 AM will be received after 10 AM.
Offer Date | Sep 13 - Sep 19, 2024 |
Offer Price | ₹ 37 |
Lot Size | 3000 |
Please login to Apply IPO
Popular Foundations Limited IPO
BSE SME LiveOffer Date: Sep 13, 2024 - Sep 19, 2024
₹ 111000 /3000 Shares
ApplyIPO Closing date has been revised to 19th Sep,2024 due to Bank Holiday on 18th Sep, 2024
Popular Foundations IPO Live Subscription Details
Date
:18 Sep 2024,04:54:47 PM
NII
:2.80
Retail
:11.80x
Total
:7.30 times
Popular Foundations IPO Details
13 Sep, 2024
Open Date19 Sep, 2024
Close Date20 Sep, 2024
Allotment Date24 Sep, 2024
Listing DateIssue Price
₹37 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdMarket Lot
3000 Shares (₹111,000/-)Lead Manager
Srujan Alpha Capital Advisors LlpIssue Size
5,370,000 shares(aggregating up to ₹19.87 Cr)Retail Portion
50%Subscription
7.30 timesPopular Foundations Valuations
EPS Pre IPO
₹2.32/-EPS Post IPO
₹1.71/-P/E Pre IPO
15.97P/E Post IPO
21.68RoNW
15.03%Popular Foundations Company Financials All values are in ₹ Lakh
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 6,354.87 | 4,864.7 | 4,929.49 |
| Revenue | 5,191 | 4,866.89 | 2,630.17 |
| Profit After Tax | 347.76 | 119.61 | 48.08 |
About The Company
Popular Foundations Limited specializes in engineering and construction services and offers comprehensive end-to-end solutions in the construction sector.
The company is dedicated to construction practice in various sectors such as factories, educational institutions, and commercial and residential projects. However, the company strategically focuses on non-residential and non-government construction projects in and around Chennai. Apart from Chennai, the company has successfully executed projects in Pondicherry, Tanjore, Bangalore, Trichy, Madurai, Vizhuppuram and Coimbatore.
Popular Foundations - Promoter(s)
Pre Issue Share Holding: 83.36%
Post Issue Share Holding: 61.39%
Company Promoter(s)
- Mr. Ananthanarayanan Sankaralingam Venkatesh
- Mrs. Vinita Venkatesh
Popular Foundations IPO - Issue Objectives
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company
- Funding the working capital requirements of the Company
- General corporate purposes.
Popular Foundations IPO - FAQs
Ans. Popular Foundations Limited IPO is a SME IPO. The issue is priced at ₹37 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Sep 13, 2024, and closes on Sep 19, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Popular Foundations Limited IPO opens on Sep 13, 2024 and closes on Sep 19, 2024.
Ans. The size of Popular Foundations Limited IPO is 5,370,000 shares(aggregating up to ₹19.87 Cr).
Ans. The IPO price band is set between ₹37 per equity share.
Ans. To apply for Popular Foundations Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Popular Foundations Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Popular Foundations Limited IPO is Sep 20, 2024.
Ans. The Popular Foundations Limited IPO will be listed on Sep 24, 2024.
Ans. Follow the steps to check the allotment status for Popular Foundations Limited IPO here.
