Popular Foundations Limited


Opening Date Closing Date Face Value Issue Price Lot Size Listing At Total Issue Size Basis of Allotment Initiation of Refunds Credit of Shares to Demat Listing Date
12-09-2024 17-09-2024 ₹10 per share 0 3000 Shares BSE SME 5,370,000 shares (aggregating up to ₹19.87 Cr) 2024-09-18 18:30:00 2024-09-19 18:30:00 2024-09-19 18:30:00 22-09-2024

About The Company

 

Popular Foundations IPO is a fixed price issue of Rs 19.87 crores. The issue is entirely a fresh issue of 53.7 lakh shares.

Popular Foundations IPO opens for subscription on September 13, 2024 and closes on September 18, 2024. The allotment for the Popular Foundations IPO is expected to be finalized on Thursday, September 19, 2024. Popular Foundations IPO will list on BSE SME with tentative listing date fixed as Monday, September 23, 2024.

 

Popular Foundations IPO price is ₹37 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹111,000. The minimum lot size investment for HNI is 2 lots (6,000 shares) amounting to ₹222,000.

Srujan Alpha Capital Advisors Llp is the book running lead manager of the Popular Foundations IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Popular Foundations IPO is Spread X Securities.

Refer to Popular Foundations IPO RHP for detailed information.

Financials

Period Ended Total Assets Total Revenue Profit After Tax Net Worth Reserves and Surplus Total Borrow
30-03-2022 4929 2630 48 1384.08 1284.08 1835.37
10-09-2023 4865 4867 120 1483.69 1383.69 1753.99
30-03-2024 6355 5191 348 2313.11 812.31 1578.4

IPO Subscription Status

Category Subscription Times
Non-Institutional Buyers 3.54
Retail Investors 14.89
Total 9.21

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 3000 111000
Retail (Max) 1 3000 111000
HNI (Min) 2 6000 222000

IPO Listing Details

Listing Date 22-09-2024
BSE Script Code 544259
NSE Symbol n/a
ISIN INE0PZB01013
Final Issue Price 0

Promoter holdings

Mr. Ananthanarayanan Sankaralingam Venkatesh and Mrs. Vinita Venkatesh.

Pre Issue Share Holding 83.36%
Post Issue Share Holding 61.39%

Contact Information 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
Phone: +91 941498731
Email: info@grouppopular.com
Websitehttp://www.grouppopular.com/

IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Websitehttps://ipo.bigshareonline.com/ipo_status.htm

IPO Lead Manager

Srujan Alpha Capital Advisors Llp (Past IPO Performance)