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Popular Vehicles & Services IPO
₹276.15
−6.39% on listing
Listing-day close · NSE · 19 Mar 2024 · issue price ₹295
Popular Vehicles & Services’ ₹602 crore IPO was priced at ₹295 a share. It listed on the NSE on 19 Mar 2024 and closed its first day at ₹276.15, down 6.39% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Refunds
- Shares in demat
- Listing
Issue details
- Issue size
- ₹602 Cr
- Fresh issue
- ₹250 Cr
- Offer for sale
- ₹352 Cr
- Lot size
- 50 shares
- Minimum investment
- ₹14,750
- Face value
- ₹2
- Registrar
- MUFG Intime India
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 1.22× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹2,100 Cr
- P/E (post-issue)
- 26.2
- EPS (post-issue)
- ₹11.25
- Price to book
- 4.8
- ROE
- 10.42%
- ROCE
- 8.83%
- Debt to equity
- 1.99
- PAT margin
- 1.41%
- Promoter holding
- 69.45% → 61.17%
Financials as of 30 Sep 2024, from the offer documents.
Listing
- Listing date
- 19 Mar 2024
- Issue price
- ₹295
- Open
- ₹289.20
- High
- ₹289.20
- Low
- ₹262.40
- Close
- ₹276.15
Listing day on the NSE. The close was −6.39% on the issue price.
Popular Vehicles and Services share price todayFAQs
When did the Popular Vehicles & Services IPO open and close?
It opened on 12 Mar 2024 and closed on 14 Mar 2024.
What was the Popular Vehicles & Services IPO price?
The price band was ₹280–295 a share. The final issue price was ₹295.
What is the lot size and minimum investment?
One lot is 50 shares, ₹14,750 at ₹295 a share. Retail investors apply in whole lots.
How much did Popular Vehicles & Services raise?
₹602 crore: ₹250 crore of new shares and ₹352 crore offered by existing shareholders.
How many times was the Popular Vehicles & Services IPO subscribed?
1.22 times overall.
How did Popular Vehicles & Services list?
It listed on the NSE on 19 Mar 2024 at ₹289.20 and closed the day at ₹276.15, down 6.39% on the ₹295 issue price.
Who is the registrar of the Popular Vehicles & Services IPO?
MUFG Intime India handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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