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Popular Vehicles Company Details
Popular Vehicles is a leading diversified automotive dealership in India in terms of revenue 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.
It operates passenger vehicle dealerships of Maruti Suzuki India Limited , Honda Cars India Limited
and Jaguar Land Rover India Limited and the commercial vehicle dealership of Tata Motors Limited
. It is the sixth largest passenger vehicle dealership for Maruti Suzuki, the fifth largest
passenger dealership for JLR, the sixth largest passenger vehicle dealership for Honda and the third largest commercial vehicle dealership group for Tata Motors (Commercial), in terms of sales by volume, across India as of March 31, 2021.
As a diversified and fully integrated automotive dealership company, it 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.
Its profit after tax registered a growth from Rs 213.74 million in FY 2019 to Rs 324.55 million in FY 2021.
As of March 31, 2021, it operates through our expansive network of 59 showrooms, 99 sales outlets and booking offices, 83 authorised service centres, 29 retail outlets, and 25 warehouses located across all 14 districts of Kerala, in Bengaluru, Mysuru, Mangaluru, Hubballi, Hosapete, Vijayapur and Shivamoga in Karnataka and in Chennai, Chengalpet, Dharmapuri, Krishnagiri and Thiruvallur in Tamil Nadu. Kerala and Tamil Nadu are amongst the top contributors to the national passenger vehicle sales.
The Company categorises its business into four key segments, namely passenger cars, luxury vehicles, commercial vehicles and others, which contributed to consolidated revenues of Rs 19,262.73
million, Rs 1,442.00 million, Rs 6,906.66 million and Rs 1,323.86 million, respectively, during FY 2021.
For more information, click www.popularmaruti.com
The Promoters of Popular Vehicles
John K. Paul, Francis K. Paul & Naveen Philip
Popular Vehicles IPO Main Objects
The Offer comprises of the Fresh Issue and Offer for Sale.
TheCompany proposes to utilise the Net Proceeds towards Repayment and/or pre-payment, in full or part, of certain borrowings, including working capital loans, availed by the Company and PAPL, PMMPL and VMPL, its Subsidiaries;
Popular Vehicles IPO Details
IPO opens on (?) Dec, 2021
IPO closes on (?) Dec,2021
Issue Type: Book Built Issue IPO
Issue : up to (?) Shares /Rs (?) Crore
* Fresh Issue of (?) Sh/ Rs.150 Cr
* Offer for Sale Up to 4,266,666 Sh/ Rs. (?) Cr
Face Value per share : Rs. 10
Popular Vehicles IPO Price Band Per Equity Share: Rs. (?)
Popular Vehicles IPO Retail Lot Size (?) Shares
Popular Vehicles Listing will at BSE,NSE
Shares offered to
QIB (?%) ?Shares = Rs (?) Cr
NII (?%) ?Shares = Rs (?) Crs
RII (?%) ? Shares = Rs (?) Crs
Lot size: (?) Shares = (?) Forms
Min Retail Application : (?) Sh , Rs. (?)
Max Retail Application : (?) Sh, Rs (?)
Popular VehiclesIPO Tentative timeTable
Popular VehiclesIPO Allotment on ? 2021
Unblocking of ASBA ? 2021
Credit to Demat Accounts ? 2021
Data Patterns Listing on ? 2021
Popular Vehicles IPO Financial & Analytical Ratios
Earnings per Share 2019-20 Rs 9.96
Earnings per Share 2020-21,Rs 25.88
Earnings per Share 2021-22 6M Rs ?
Book Value of the Share as on 31.3.2021 Rs 196.17
Return on Net Worth: 19-20 5.87 %
Return on Net Worth: 20-21: 13.19 %
Return on Net Worth: 20-21 6M:( N.A.) %
Equity Shares prior to the IPO : 12,544,289 Shares
Upper Price Band/last EPS:
Upper offer price/Book Value Ratio
Upper offer price/BV after IPO Ratio:
Popular Vehicles IPO Peer Comparison:
There are no listed peers for this Company
Popular Vehicles IPO Lead Managers
Axis Capital, DAM Capital Advisors, Centrum Capital
Registrar to Popular Vehicles IPO
Linkintime India pvt ltd.
Registered Office of Popular Vehicles
Kuttukaran Centre, Mamangalam, Cochin, Ernakulam 682 025, Kerala
Company Secretary & Compliance Officer : Varun T.V
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