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Popular Foundations Ltd. IPO
BSE SME Fixed Price IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹37
Issue Price
₹37
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹37
GMP based
Lot Size
3,000
shares / lot
Min Amount
₹111,000
1 lot · 3,000 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
13 Sep 2024
Fri Completed
Done
Close Date
19 Sep 2024
Thu Completed
Done
Allotment
20 Sep 2024
Fri Completed
Done
Refund
23 Sep 2024
Mon Completed
Done
Demat Credit
23 Sep 2024
Mon Completed
Done
Listing Date
24 Sep 2024
Tue Completed
UPI Deadline: 19 Sep 2024
Issue Details
Pricing & Size
Issue Price
₹37 Face ₹10
Lot Size
3,000 shares
Min Investment
₹111,000
Total Issue Size
53,70,000 shares (aggregating up to ₹19.87 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
2,70,000 (5.03%)
QIB Portion
-
NII / HNI
25,50,000 (47.49%)
Retail
25,50,000 (47.49%)
Employee
-
Net Offer to Public
51,00,000 shares (aggregating up to ₹18.87 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,50,08,000 shares
Post-Issue Shareholding
2,03,78,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 3,000 ₹1,11,000
HNI / NII 2 6,000 ₹2,22,000
Objects of Issue
3 objectives
1
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company;
2
Funding the working capital requirements of the Company; and
3
General corporate purposes.
Lead Managers & Market Maker
Book Running Lead Managers
Srujan Alpha Capital Advisors LLP
Market Maker
Spread X Securities Pvt.Ltd.
IPO Timeline
Open
13 Sep
✓ Done
Close
19 Sep
✓ Done
Allotment
20 Sep
✓ Done
Listing
24 Sep
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
info@grouppopular.com
Phone
+91 941498731
Address
New No. 32/1, 32/2, Old No. 9/1, 9/2, Kamatchi Apartment, 10th Avenue, Ashok Nagar Chennai, Tamil Nadu, 600083
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹37
Est. Listing
₹37
Lot Size
3,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Popular Foundations Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
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| Price
Market Reference
IPO Issue Price
₹37
GMP
+₹0 (+0%)
GMP Est. Listing
₹37
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
NII / HNI (Total) 25,50,000 (47.49%) ₹943.50 Cr
Retail Investors 25,50,000 (47.49%) ₹943.50 Cr
Total ** 53,70,000 (100.00%) ₹19,869.00 Cr
Market Maker * 2,70,000 (5.03%) ₹9.99 Cr
* Based on ₹37.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
25,50,000 (47.49%)
Retail
25,50,000 (47.49%)
Market Maker
2,70,000 (5.03%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Lakhs
Metric31 Mar 202431 Mar 202331 Mar 2022
Revenue5191.004866.892630.17
PAT347.76119.6148.08
EBITDA
Net Worth2313.111483.691384.08
Total Assets6354.874864.704929.49
Reserves812.311383.691284.08
Borrowings1578.401753.991835.37
Key Financial Ratios
23.17%
ROE
Return on Equity
22.77%
ROCE
Return on Capital Employed
15.03%
RONW
Return on Net Worth
6.70%
PAT Margin
PAT / Revenue
2.30
P/BV
Price to Book Value
2.32
Pre EPS
EPS Pre-Issue
1.71
Post EPS
EPS Post-Issue
15.97
Pre P/E
P/E Pre-Issue
21.68
Post P/E
P/E Post-Issue
About Popular Foundations Ltd.

Founded in 1998, 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.

Competitive strengths:

  • Experienced management team: The company's management team has experience in the industry and is responsible for the growth of operations and financial performance.
  • On-time delivery and reputation building: By ensuring that projects are completed on time, the company empowers consumers to make informed decisions. In addition, completing projects on time helps improve the company's reputation in the marketplace, giving the company a competitive advantage.
  • Quality design: The company's commitment to quality design sets it apart from the competition and ensures that its properties stand out in terms of aesthetics and functionality.
  • Robust business model: The company's business model is a comprehensive framework that focuses on customer orientation, fair pricing and strategic market positioning.
  • Established brand and reputation: The company offers its customers added value that helps to gain their trust. The brand and reputation with customers have not only contributed to the company's success, but have also positioned it for future business opportunities.

As of September 07, 2024, the company employed 86 employees on-site and at headquarters, including senior executives.

Frequently Asked Questions
What is the issue price of Popular Foundations Ltd. IPO?
The issue price of Popular Foundations Ltd. IPO is ₹37 per share, face value ₹10.
What is the lot size?
Minimum lot size is 3,000 shares, requiring ₹111,000.
What are the IPO dates?
Opens 13 Sep 2024, closes 19 Sep 2024.
When is the listing date?
Tentative listing: 24 Sep 2024 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹37 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Popular Foundations Ltd. IPO · Expected 20 Sep 2024

Check on Registrar
Post-IPO Timeline
Allotment Date
20 Sep 2024
Refund Initiation
23 Sep 2024
Demat Credit
23 Sep 2024
Listing Date
24 Sep 2024
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹37
Face ₹10
Lot Size
3,000
shares / lot
Min Amount
₹111,000
1 lot
Est. Listing
₹37
GMP +₹0
Key Dates
Open
13 Sep Done
Close
19 Sep Done
Listing
24 Sep Done
Registrar
Bigshare Services Pvt.Ltd.
A
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