POPULAR FOUNDATION...● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO POPULAR FOUNDATION...● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO
Live GMP
Back to IPOs
Popular Foundations Ltd.

Popular Foundations Ltd.

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹37
₹37
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹37
Based on GMP
Min. Investment
₹111,000
1 lot × 3000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
13 Sep 2024
Close Date
19 Sep 2024
Allotment
20 Sep 2024
Listing Date
24 Sep 2024
Exchange
BSE SME
Price Band
₹37
Listing Price
See chart
Allotment Status
Price Band
₹37
Per share
Face Value
₹10 per share
 
Lot Size
3,000 Shares
per lot
Issue Size
53,70,000 shares (aggregating up to ₹19.87 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹111,000
1 lot
Pre-IPO Holding
1,50,08,000 shares
Promoters
Post-IPO Holding
2,03,78,000 shares
Promoters
P/E (Pre)
15.97x
 
P/E (Post)
21.68x
 
EPS (Pre)
₹2.32
 
EPS (Post)
₹1.71
 
UPI Deadline
2024-09-19
Mandate
Anchor AllotmentThu, 12 Sep 2024
Basis of AllotmentFri, 20 Sep 2024
Refund InitiationMon, 23 Sep 2024
Demat CreditMon, 23 Sep 2024
Listing DayTue, 24 Sep 2024
UPI Mandate Deadline2024-09-19
Sale TypeFresh Capital
Net Offer to Public51,00,000 shares (aggregating up to ₹18.87 Cr)
Market Maker Quota2,70,000 shares (aggregating up to ₹0.9990 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Popular Foundations Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 19 Sep 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
270,000
₹1.00
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
5,370,000
100% ₹19.87
IPO Shares Offered
Popular Foundations Ltd. IPO total issue size: ₹19.87 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 270,000 ₹1.00
5.03%
Total 5,370,000 ₹19.87
100.00%
* Based on upper price band ₹37 per share
Lot Size & Investment
Lot Size
3,000
Shares per Lot
Issue Price
₹37.00
Upper Band
Min Investment
₹111,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)26,000₹222,000
Retail (Max — 13 Lots)1339,000₹1,443,000
S-HNI (Min — 14 Lots)1442,000₹1,554,000
B-HNI (Min — 68 Lots)68204,000₹7,548,000
* Issue Price ₹37 × Lot Size 3,000 shares
IPO Schedule
Anchor
12 Sep 2024
✓ Done
IPO Open
13 Sep 2024
✓ Done
IPO Close
19 Sep 2024
✓ Done
Allotment
20 Sep 2024
✓ Done
Refunds
23 Sep 2024
✓ Done
Demat Credit
23 Sep 2024
✓ Done
Listing Day
24 Sep 2024
✓ Done
Popular Foundations Ltd. — Live Price LIVE
₹37.00
INR · BSE
Fetching…
vs Issue Price
OPEN
HIGH
LOW
MKT CAP
P/E
52W HIGH
52W LOW
VOLUME
DIVIDEND
DIV YIELD
Loading…
Chart Not Available
Try again 2–3 days after listing.
Issue ₹37.00 Live Price
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.
Objects of the Issue
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.
Popular Foundations Ltd. Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹2,630.2
31 Mar 2022
₹4,866.9
31 Mar 2023
₹5,191.0
31 Mar 2024
Profit After Tax (PAT)
₹48.1
31 Mar 2022
₹119.6
31 Mar 2023
₹347.8
31 Mar 2024
Particulars31 Mar 202431 Mar 202331 Mar 2022
Revenue from Operations 5191.00 4866.89 2630.17
EBITDA N/A N/A N/A
Profit After Tax (PAT) 347.76 119.61 48.08
Net Worth 2313.11 1483.69 1384.08
Total Assets 6354.87 4864.70 4929.49
Reserves & Surplus 812.31 1383.69 1284.08
Borrowings 1578.40 1753.99 1835.37
EBITDA Margin (%) N/A
PAT Margin (%) 6.70%
P/BV Ratio
2.30
RoE
23.17%
RoCE
22.77%
RoNW
15.03%
PAT Margin
6.70%
Issue Structure & Shareholding
Total Shares Offered53,70,000 (100.00%)
Net Offer to Public51,00,000 shares (aggregating up to ₹18.87 Cr)
Reserved for Market Maker2,70,000 shares (aggregating up to ₹0.9990 Cr)
Pre-Issue Promoter Holding1,50,08,000 shares
Post-Issue Promoter Holding2,03,78,000 shares
P/BV Ratio2.30
RoE23.17%
RoCE22.77%
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Srujan Alpha Capital Advisors LLP
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Popular Foundations Ltd. IPO subscribed?

Popular Foundations Ltd. IPO is subscribed 1.00 times by Sep 19, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Popular Foundations Ltd. IPO retail subscription status?

The Popular Foundations Ltd. IPO retail category is subscribed 1.00 times as of 19 Sep 2024. The retail portion is oversubscribed.

How to subscribe Popular Foundations Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 13 Sep 2024 and closes 19 Sep 2024. Min investment: ₹111,000 (1 lot = 3,000 shares). UPI mandate: 2024-09-19.

How many times Popular Foundations Ltd. IPO subscribed?

The Popular Foundations Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Popular Foundations Ltd. IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 20 Sep 2024. Refunds: on 23 Sep 2024.

When Popular Foundations Ltd. IPO will be listed?

The Popular Foundations Ltd. IPO listing date is 24 Sep 2024, Tuesday. Listed on: BSE SME. Issue price: ₹37. Estimated listing: ₹37. GMP: NIL.

When Popular Foundations Ltd. IPO close?

The Popular Foundations Ltd. IPO closes on 19 Sep 2024, Thursday. UPI mandate: 2024-09-19. Allotment: 20 Sep 2024. Listing: 24 Sep 2024.