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
Popular Foundations listing Review
On 24th September 2024, the scrip is listed at Rs. 37, no premium over the issue price.
Popular Foundations IPO allotment Link
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.
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.
Tentative timetable
IPO opens on
16 September 2024
IPO Closes on
19 September 2024
IPO Allotment on
20 September 2024
Refund Initiation
23 September 2024
Credit of Shares
23 September 2024
Listing on
24 September 2024
Registered Office ofthe 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 Managerof this IPO? Srujan Alpha Capital Advisors Llp
Who is the Registrar to IPO? Bigshare Services Limited
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.
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 FoundationsIPO 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?
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.
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.
Tentative timetable
IPO opens on
16 September 2024
IPO Closes on
19 September 2024
IPO Allotment on
20 September 2024
Refund Initiation
23 September 2024
Credit of Shares
23 September 2024
Listing on
24 September 2024
Registered Office ofthe 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 Managerof this IPO? Srujan Alpha Capital Advisors Llp
Who is the Registrar to IPO? Bigshare Services Limited
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.
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 FoundationsIPO 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.
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.
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 FoundationsIPO 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.
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.
Tentative timetable
IPO opens on
16 September 2024
IPO Closes on
19 September 2024
IPO Allotment on
20 September 2024
Refund Initiation
23 September 2024
Credit of Shares
23 September 2024
Listing on
24 September 2024
Registered Office ofthe 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 Managerof this IPO? Srujan Alpha Capital Advisors Llp
Who is the Registrar to IPO? Bigshare Services Limited
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.
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 FoundationsIPO 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?
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.
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.
Tentative timetable
IPO opens on
16 September 2024
IPO Closes on
19 September 2024
IPO Allotment on
20 September 2024
Refund Initiation
23 September 2024
Credit of Shares
23 September 2024
Listing on
24 September 2024
Registered Office ofthe 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 Managerof this IPO? Srujan Alpha Capital Advisors Llp
Who is the Registrar to IPO? Bigshare Services Limited
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.
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 FoundationsIPO 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 24, 2024
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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
