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.
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
Website: http://www.grouppopular.com/
IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.htm
IPO Lead Manager
Srujan Alpha Capital Advisors Llp (Past IPO Performance)