Established in 1998, Popular Foundations Limited excels in engineering and construction services, delivering complete end-to-end solutions across the construction industry.
The company is committed to a broad range of construction practices, including industrial facilities, educational institutions, and both commercial and residential projects. With a strategic focus on non-residential and non-government projects, Popular Foundations Limited primarily operates in and around Chennai. In addition to Chennai, the company has a proven track record of successfully completing projects in Pondicherry, Tanjore, Bangalore, Trichy, Madurai, Vellore, and Coimbatore.
Get more information about the company @ http://www.grouppopular.com/
Popular Foundations IPO Details
|
| IPO opens on |
13 September 2024 |
| IPO closes on |
19 September 2024 |
| Issue Type |
Book Built Issue IPO |
| Issue Size |
5370000 Shares / Rs 19.87 Crore |
| * Fresh Issue |
5370000 Shares / Rs 19.87 Crore |
| * Offer for Sale – |
– shares / Rs. – crore |
| Market Maker Portion |
270000 Shares |
| Net offer to Public |
5100000 Shares/ Rs.18.87 Crore |
| Face Value per share |
Rs. 10 |
| Price Band |
Rs.37 |
| Employee discount |
Rs. 0 per share |
| Retail Lot Size |
3000 Shares |
| Listing will at |
BSE SME |
Shares offered in IPO
|
| |
Shares |
Rs. (Crore) |
| QIB (0%) |
|
|
| NII (50%) |
2550000 |
9.44 |
| RII (50%) |
2550000 |
9.43 |
| Total Shares |
5100000 |
18.87 |
| Retail portion will be oversubscribed by |
850 |
| Forms |
| How much Shares to Apply in this IPO? |
| Min Retail Application |
3000 Shares |
Rs.110000 |
| Min HNI Application |
6000 Shares |
Rs.220000 |
Who are the Promoters of Popular Foundations IPO?
The promoters of the Company are Mr. Ananthanarayanan Sankaralingam Venkatesh and Mrs. Vinita Venkatesh.
What are the Objects of Popular Foundations IPO?
The Offer comprises of fresh issue of shares.
The Company proposes to utilize the Net Proceeds towards funding the following objects:
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company;
- Funding the working capital requirements of the Company; and
- General corporate purposes.
Registered Office of the Company
Popular Foundations Limited
New No. 32/1, 32/2, Old No. 9/1, 9/2,
Kamatchi Apartment, 10th Avenue,
Ashok Nagar, Chennai – 600083 |
Who is the Lead Manager of this IPO?
Srujan Alpha Capital Advisors Llp |
Who is the Registrar to IPO?
Bigshare Services Limited |
Popular Foundations IPO GMP grey market premium, review, Subscription, allotment, listing estimate
Popular Foundations IPO Financial & Analytical Ratios
|
| Year |
Total Income |
Net Profit |
EPS |
RoNW |
| |
Rs.in Crore |
Rs.in Crore |
Rs. |
% |
| 2021-22 |
26.30 |
0.48 |
|
|
| 2022-23 |
48.67 |
1.20 |
|
|
| 2023-24 |
51.91 |
3.48 |
2.32 |
15.03 |
| Book Value of the Share on 31.03.2024 |
Rs |
|
|
|
| BV of the Share at cap price after IPO |
Rs. |
|
|
|
| Offer Price/upper band |
Rs. |
37 |
|
|
IPO Key Performance indicators
|
| Price/EPS of 23-24 |
27.11 |
| Price/BV Ratio |
5.66 |
| Price/BV after IPO |
2.12 |
How Popular Foundations IPO compares with the Peers?
| As on date of RHP |
FV |
Total |
PE |
| |
Rs. |
Income |
Ratio of |
| |
|
Rs. In Crore |
|
| Popular Foundation |
|
|
15.35 |
| NCC ltd |
|
|
31.90 |
| HCC ltd |
|
|
40.19 |
| |
|
|
|
| |
|
|
|
| |
|
|
|
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Popular Foundations IPO Review
Established in 1998, Popular Foundations Limited excels in engineering and construction services, delivering complete end-to-end solutions across the construction industry.
Size: Net size of the IPO is Rs.18.87 crore, comprising of 5100000 shares. The size of the IPO is not very large and so oversubscription can be very smooth
Financial Snapshot: The company has shown sharp rise in its bottomline in the year prior to the IPO.
+ from fundamental angle: IPO is so-so
+ from grey market angle: ?
Quicklinks
Popular Foundations IPO GMP today allotment, review?
Popular Foundations IPO GMP grey market premium
Popular Foundations IPO FAQs What is Popular Foundations IPO?
This is a SME IPO of 5370000 equity shares of the face value of Rs. 10 aggregating up to Rs.19.87 Crores. The issue is priced at Rs.37 per share. The minimum order quantity is 3000 Shares.
When will Popular Foundations IPO subscription open?
Popular Foundations IPO opens on September 13, 2024, and closes on September 18, 2024.
What is the lot size of Popular Foundations IPO?
Popular Foundations IPO lot size is 3000 Shares, and the minimum amount required is Rs.111000
How to apply for Popular Foundations IPO?
You can apply in Popular Foundations IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
When is Popular Foundations IPO allotment?
The finalization of Basis of Allotment for Popular Foundations IPO will be done on September 19, 2024, and the allotted shares will be credited to your demat account by September 20, 2024.
When is Popular Foundations IPO listing date?
Popular Foundations IPO listing date is September 23, 2024.
Subscription status of Popular Foundations IPO
Popular Foundations IPO (Day 2)
Price Rs. 37 Lot 3000 shares, Rs. 19.87 Crore
|
| QIB |
NII x |
RII x |
Total x |
Applications |
| |
1.48 |
5.06 |
3.27 |
4,679 (5.50x) |
| Amount wise bids recd. Rs. ? Crore |
| Note: |
What is the business of Popular Foundations?
Established in 1998, Popular Foundations Limited excels in engineering and construction services, delivering complete end-to-end solutions across the construction industry.
The company is committed to a broad range of construction practices, including industrial facilities, educational institutions, and both commercial and residential projects. With a strategic focus on non-residential and non-government projects, Popular Foundations Limited primarily operates in and around Chennai. In addition to Chennai, the company has a proven track record of successfully completing projects in Pondicherry, Tanjore, Bangalore, Trichy, Madurai, Vellore, and Coimbatore.
Get more information about the company @ http://www.grouppopular.com/
Popular Foundations IPO Details
|
| IPO opens on |
13 September 2024 |
| IPO closes on |
19 September 2024 |
| Issue Type |
Book Built Issue IPO |
| Issue Size |
5370000 Shares / Rs 19.87 Crore |
| * Fresh Issue |
5370000 Shares / Rs 19.87 Crore |
| * Offer for Sale – |
– shares / Rs. – crore |
| Market Maker Portion |
270000 Shares |
| Net offer to Public |
5100000 Shares/ Rs.18.87 Crore |
| Face Value per share |
Rs. 10 |
| Price Band |
Rs.37 |
| Employee discount |
Rs. 0 per share |
| Retail Lot Size |
3000 Shares |
| Listing will at |
BSE SME |
Shares offered in IPO
|
| |
Shares |
Rs. (Crore) |
| QIB (0%) |
|
|
| NII (50%) |
2550000 |
9.44 |
| RII (50%) |
2550000 |
9.43 |
| Total Shares |
5100000 |
18.87 |
| Retail portion will be oversubscribed by |
850 |
| Forms |
| How much Shares to Apply in this IPO? |
| Min Retail Application |
3000 Shares |
Rs.110000 |
| Min HNI Application |
6000 Shares |
Rs.220000 |
Who are the Promoters of Popular Foundations IPO?
The promoters of the Company are Mr. Ananthanarayanan Sankaralingam Venkatesh and Mrs. Vinita Venkatesh.
What are the Objects of Popular Foundations IPO?
The Offer comprises of fresh issue of shares.
The Company proposes to utilize the Net Proceeds towards funding the following objects:
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company;
- Funding the working capital requirements of the Company; and
- General corporate purposes.
Registered Office of the Company
Popular Foundations Limited
New No. 32/1, 32/2, Old No. 9/1, 9/2,
Kamatchi Apartment, 10th Avenue,
Ashok Nagar, Chennai – 600083 |
Who is the Lead Manager of this IPO?
Srujan Alpha Capital Advisors Llp |
Who is the Registrar to IPO?
Bigshare Services Limited |
Popular Foundations IPO GMP grey market premium, review, Subscription, allotment, listing estimate
Popular Foundations IPO Financial & Analytical Ratios
|
| Year |
Total Income |
Net Profit |
EPS |
RoNW |
| |
Rs.in Crore |
Rs.in Crore |
Rs. |
% |
| 2021-22 |
26.30 |
0.48 |
|
|
| 2022-23 |
48.67 |
1.20 |
|
|
| 2023-24 |
51.91 |
3.48 |
2.32 |
15.03 |
| Book Value of the Share on 31.03.2024 |
Rs |
|
|
|
| BV of the Share at cap price after IPO |
Rs. |
|
|
|
| Offer Price/upper band |
Rs. |
37 |
|
|
IPO Key Performance indicators
|
| Price/EPS of 23-24 |
27.11 |
| Price/BV Ratio |
5.66 |
| Price/BV after IPO |
2.12 |
How Popular Foundations IPO compares with the Peers?
| As on date of RHP |
FV |
Total |
PE |
| |
Rs. |
Income |
Ratio of |
| |
|
Rs. In Crore |
|
| Popular Foundation |
|
|
15.35 |
| NCC ltd |
|
|
31.90 |
| HCC ltd |
|
|
40.19 |
| |
|
|
|
| |
|
|
|
| |
|
|
|
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Popular Foundations IPO Review
Established in 1998, Popular Foundations Limited excels in engineering and construction services, delivering complete end-to-end solutions across the construction industry.
Size: Net size of the IPO is Rs.18.87 crore, comprising of 5100000 shares. The size of the IPO is not very large and so oversubscription can be very smooth
Financial Snapshot: The company has shown sharp rise in its bottomline in the year prior to the IPO.
+ from fundamental angle: IPO is so-so
+ from grey market angle: ?
Quicklinks
Popular Foundations IPO GMP today allotment, review?
Popular Foundations IPO GMP grey market premium
Popular Foundations IPO FAQs What is Popular Foundations IPO?
This is a SME IPO of 5370000 equity shares of the face value of Rs. 10 aggregating up to Rs.19.87 Crores. The issue is priced at Rs.37 per share. The minimum order quantity is 3000 Shares.
When will Popular Foundations IPO subscription open?
Popular Foundations IPO opens on September 13, 2024, and closes on September 18, 2024.
What is the lot size of Popular Foundations IPO?
Popular Foundations IPO lot size is 3000 Shares, and the minimum amount required is Rs.111000
How to apply for Popular Foundations IPO?
You can apply in Popular Foundations IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
When is Popular Foundations IPO allotment?
The finalization of Basis of Allotment for Popular Foundations IPO will be done on September 19, 2024, and the allotted shares will be credited to your demat account by September 20, 2024.
When is Popular Foundations IPO listing date?
Popular Foundations IPO listing date is September 23, 2024.
What is the latest grey market premium of Popular Foundations IPO?
For latest GMP, Click
Subscription status of Popular Foundations IPO
Popular Foundations IPO (Day 2)
Price Rs. 37 Lot 3000 shares, Rs. 19.87 Crore
|
| QIB |
NII x |
RII x |
Total x |
Applications |
| |
1.48 |
5.06 |
3.27 |
4,679 (5.50x) |
| Amount wise bids recd. Rs. ? Crore |
| Note: |
What is the business of Popular Foundations?
Established in 1998, Popular Foundations Limited excels in engineering and construction services, delivering complete end-to-end solutions across the construction industry.
The company is committed to a broad range of construction practices, including industrial facilities, educational institutions, and both commercial and residential projects. With a strategic focus on non-residential and non-government projects, Popular Foundations Limited primarily operates in and around Chennai. In addition to Chennai, the company has a proven track record of successfully completing projects in Pondicherry, Tanjore, Bangalore, Trichy, Madurai, Vellore, and Coimbatore.
Get more information about the company @ http://www.grouppopular.com/
Popular Foundations IPO Details
|
| IPO opens on |
13 September 2024 |
| IPO closes on |
19 September 2024 |
| Issue Type |
Book Built Issue IPO |
| Issue Size |
5370000 Shares / Rs 19.87 Crore |
| * Fresh Issue |
5370000 Shares / Rs 19.87 Crore |
| * Offer for Sale – |
– shares / Rs. – crore |
| Market Maker Portion |
270000 Shares |
| Net offer to Public |
5100000 Shares/ Rs.18.87 Crore |
| Face Value per share |
Rs. 10 |
| Price Band |
Rs.37 |
| Employee discount |
Rs. 0 per share |
| Retail Lot Size |
3000 Shares |
| Listing will at |
BSE SME |
Shares offered in IPO
|
| |
Shares |
Rs. (Crore) |
| QIB (0%) |
|
|
| NII (50%) |
2550000 |
9.44 |
| RII (50%) |
2550000 |
9.43 |
| Total Shares |
5100000 |
18.87 |
| Retail portion will be oversubscribed by |
850 |
| Forms |
| How much Shares to Apply in this IPO? |
| Min Retail Application |
3000 Shares |
Rs.110000 |
| Min HNI Application |
6000 Shares |
Rs.220000 |
Who are the Promoters of Popular Foundations IPO?
The promoters of the Company are Mr. Ananthanarayanan Sankaralingam Venkatesh and Mrs. Vinita Venkatesh.
What are the Objects of Popular Foundations IPO?
The Offer comprises of fresh issue of shares.
The Company proposes to utilize the Net Proceeds towards funding the following objects:
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company;
- Funding the working capital requirements of the Company; and
- General corporate purposes.
Registered Office of the Company
Popular Foundations Limited
New No. 32/1, 32/2, Old No. 9/1, 9/2,
Kamatchi Apartment, 10th Avenue,
Ashok Nagar, Chennai – 600083 |
Who is the Lead Manager of this IPO?
Srujan Alpha Capital Advisors Llp |
Who is the Registrar to IPO?
Bigshare Services Limited |
Popular Foundations IPO GMP grey market premium, review, Subscription, allotment, listing estimate
Popular Foundations IPO Financial & Analytical Ratios
|
| Year |
Total Income |
Net Profit |
EPS |
RoNW |
| |
Rs.in Crore |
Rs.in Crore |
Rs. |
% |
| 2021-22 |
26.30 |
0.48 |
|
|
| 2022-23 |
48.67 |
1.20 |
|
|
| 2023-24 |
51.91 |
3.48 |
2.32 |
15.03 |
| Book Value of the Share on 31.03.2024 |
Rs |
|
|
|
| BV of the Share at cap price after IPO |
Rs. |
|
|
|
| Offer Price/upper band |
Rs. |
37 |
|
|
IPO Key Performance indicators
|
| Price/EPS of 23-24 |
27.11 |
| Price/BV Ratio |
5.66 |
| Price/BV after IPO |
2.12 |
How Popular Foundations IPO compares with the Peers?
| As on date of RHP |
FV |
Total |
PE |
| |
Rs. |
Income |
Ratio of |
| |
|
Rs. In Crore |
|
| Popular Foundation |
|
|
15.35 |
| NCC ltd |
|
|
31.90 |
| HCC ltd |
|
|
40.19 |
| |
|
|
|
| |
|
|
|
| |
|
|
|
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Popular Foundations IPO Review
Established in 1998, Popular Foundations Limited excels in engineering and construction services, delivering complete end-to-end solutions across the construction industry.
Size: Net size of the IPO is Rs.18.87 crore, comprising of 5100000 shares. The size of the IPO is not very large and so oversubscription can be very smooth
Financial Snapshot: The company has shown sharp rise in its bottomline in the year prior to the IPO.
+ from fundamental angle: IPO is so-so
+ from grey market angle: ?
Quicklinks
Popular Foundations IPO GMP today allotment, review?
Popular Foundations IPO GMP grey market premium
Popular Foundations IPO FAQs What is Popular Foundations IPO?
This is a SME IPO of 5370000 equity shares of the face value of Rs. 10 aggregating up to Rs.19.87 Crores. The issue is priced at Rs.37 per share. The minimum order quantity is 3000 Shares.
When will Popular Foundations IPO subscription open?
Popular Foundations IPO opens on September 13, 2024, and closes on September 18, 2024.
What is the lot size of Popular Foundations IPO?
Popular Foundations IPO lot size is 3000 Shares, and the minimum amount required is Rs.111000
How to apply for Popular Foundations IPO?
You can apply in Popular Foundations IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
When is Popular Foundations IPO allotment?
The finalization of Basis of Allotment for Popular Foundations IPO will be done on September 19, 2024, and the allotted shares will be credited to your demat account by September 20, 2024.
When is Popular Foundations IPO listing date?
Popular Foundations IPO listing date is September 23, 2024.
September 19, 2024
admin
Popular Foundations IPO GMP grey market premium, review, Subscription, allotment, listing estimate @ Chanakyanipothi.com, a legacy of 31 Years. India`s Oldest Investment & IPO website. Most Trusted by Investors across India. Table of Contents
