Popular Vehicles & Services IPO Date, Review, Price, Allotment Details

Popular Vehicles & Services is a number one assorted automotive dealership in India relating to income as of Fiscal 2023, (Source: CRISIL Report) having a completely built-in trade type. They cater to the entire lifestyles cycle of auto possession, proper from the sale of recent automobiles, servicing and repairing automobiles, and distributing spare portions and equipment, to facilitating the sale and change of preowned automobiles, working using faculties, and facilitating the sale of third-party monetary and insurance coverage merchandise. they categorize their automotive dealership trade into 3 key segments, specifically, (a) passenger automobiles together with luxurious automobiles, (b) industrial automobiles, and (c) electrical two-wheeler and three-wheeler automobiles, which contributed to their income from operations aggregating ₹30,143.51 million, ₹15,702.54 million and ₹559.05 million, respectively, in Fiscal 2023.

They function (a) passenger car dealerships overlaying economic system, top rate and comfort automobiles throughout their dealerships for the next OEMs: (i) Maruti Suzuki India Limited (“Maruti Suzuki”) for each Arena and Nexa, throughout the Company, (ii) Honda Cars India Limited (“Honda”) thru their Subsidiary, VMPL, and (iii) Jaguar Land Rover India Limited (“JLR”) thru their Subsidiary, PAWL; (b) industrial car dealerships of (i) Tata Motors Limited (“Tata Motors (Commercial)”), thru their Subsidiary, PMMIL and (ii) Daimler India Commercial Vehicles Private Limited (“BharatBenz”), thru their Subsidiary, PMPL; and (c) electrical three-wheeler car dealership of Piaggio Vehicles Private Limited, together with industrial and load automobiles (“Piaggio”), thru their Subsidiary, KGPL and electrical two-wheeler car dealership of Ather Energy Private Limited (“Ather”), thru their Subsidiary, KCPL. Their presence throughout car classes, together with passenger automobiles, industrial automobiles, and electrical two-wheeler and three-wheeler automobiles, additional diversifies their income streams.

Popular Vehicles obtained 11 provider facilities and a couple of showrooms from a broker of Maruti Suzuki in Kerala in 2021. Further, they obtained 8 showrooms, 17 provider facilities, and three gross sales shops and reserving workplaces of BharatBenz in Tamil Nadu and Maharashtra. They have additionally expanded their post-sale products and services and service verticals within the ultimate 3 Fiscals. Their income from servicing passenger automobiles and industrial automobiles has noticed an important building up, from ₹3,651.64 million and ₹675.06 million in Fiscal 2021 to ₹5,716.13 million and ₹1,418.65 million in Fiscal 2023, respectively. In Fiscal 2023, they had been ranked ‘All India Highest in the Bodyshop Load’ for Maruti Suzuki. Further, the selection of electrical two-wheeler and three-wheeler automobiles offered through us has additionally higher from 252 in Fiscal 2022 to three,381 in Fiscal 2023.

Objects of the Issue

• Repayment and/or pre-payment, in complete or section, of sure borrowings, availed through the corporate and likely of the subsidiaries, specifically, VMPL, PAWL, PMMIL, KGPL, KCPL and PMPL.
• IGeneral company functions.

Popular Vehicles & Services IPO Review (Apply or Not)

Brokerage Firm IPO Review

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• Arihant Capital: To be up to date quickly

Popular Vehicles & Services IPO Date & Price Band Details

Popular Vehicles & Services IPO Market Lot

The Popular Vehicles & Services IPO minimal marketplace lot is [.] stocks with ₹[.] utility quantity. The retail traders can follow up-to 13 a lot with [.] stocks or ₹[.] quantity.

Popular Vehicles & Services IPO Allotment & Listing Dates

The Popular Vehicles & Services IPO date is March 2024 and the shut date is March 2024. The Popular Vehicles & Services IPO allotment can be finalized on 2024 and the IPO record on 2024.

You can test IPO subscription standing and IPO allotment standing on their respective pages.

Popular Vehicles & Services IPO Form

How to use for the Popular Vehicles & Services IPO? You can follow for Popular Vehicles & Services IPO by way of ASBA to be had on your checking account. Just cross to the net financial institution login and follow by way of your checking account through settling on the Popular Vehicles & Services IPO within the Invest phase. The different possibility is you’ll follow for Popular Vehicles & Services IPO by way of IPO bureaucracy downloaded by way of NSE and BSE. Check out the Popular Vehicles & Services bureaucracy – Click BSE Forms & NSE Forms clean IPO bureaucracy obtain, fill, and put up on your financial institution or along with your dealer.

Popular Vehicles & Services Company Financial Report

Popular Vehicles & Services IPO Valuation – FY2023

Check Popular Vehicles & Services IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

Peer Group

• John Ok. Paul
• Francis Ok. Paul 
• Naveen Philip

Popular Vehicles & Services IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Popular Vehicles & Services IPO Allotment Status Check

Check Popular Vehicles & Services IPO allotment standing on Linkintime web site allotment URL. Click Here

Popular Vehicles & Services IPO Lead Managers aka Merchant Bankers

• ICICI Securities Limited
• Nuvama Wealth Management Limited
• Centrum Capital Limited

Company Address

Popular Vehicles & Services Limited
Kuttukaran Centre
Mamangalam, Cochin
Ernakulam 682 025
Phone: +91 484 2341 134
Email: [email protected]
Website: https://www.popularmaruti.com/

Popular Vehicles & Services IPO FAQs

Note: The Popular Vehicles & Services IPO value band and date aren’t formally introduced but. The IPO gray marketplace top rate (Popular Vehicles & Services IPO Premium) can be added to the IPO gray marketplace web page as it is going to get started).