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Popular Foundations Limited IPO (Popular Foundations IPO) Details

Popular Foundations Limited

Popular Foundations IPO's overview

Popular Foundations IPO bidding started from Sep 13, 2024 and ended on Sep 18, 2024. The allotment for Popular Foundations IPO was finalized on Sep 19, 2024. The shares got listed on BSE on Sep 23, 2024.

Popular Foundations IPO price band is set at ₹0 to ₹37 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹0.

Refer to Popular Foundations IPO RHP for detailed information.

  • IPO date

    Sep 13,2024 - Sep 18,2024

  • Listing Date

    Sep 23,2024

  • Face value

    10

  • Price Band

    037 per share

  • Lot

    3000 Shares

  • Total Issue Size

    53.70 Lakh (53,70,000)

    aggregating up to 19.87 Cr (19,86,90,000)

  • Fresh Issue

    53.70 Lakh (53,70,000)

    aggregating up to ₹19.87 Cr (19,86,90,000)

  • Issue Type

    Fixed Price

  • IPO Type

    SME
  • Listing At

    BSE

  • Fri, Sep 13, 2024

    IPO Open

  • Wed, Sep 18, 2024

    IPO Close

  • Thu, Sep 19, 2024

    Basis of Allotment

  • Fri, Sep 20, 2024

    Initiation of Refunds

  • Fri, Sep 20, 2024

    Credit of Shares to Demat

  • Mon, Sep 23, 2024

    Listing

Popular Foundations IPO Day-wise IPO GMP Trend

Popular Foundations IPO last GMP is ₹0, last updated Sep 22,2024. With the price band of 37.00, Popular Foundations IPO's estimated listing price is ₹37 (cap price + today's GMP).The expected percentage gain/loss per share is 0.00%.

DateIPO PriceGMPEstimated Listing PriceLast Updated
22-Sep-2437.000
37(0.00%)22-Sep-2024 16:54
21-Sep-2437.000
37(0.00%)21-Sep-2024 23:31
20-Sep-2437.000
37(0.00%)20-Sep-2024 23:27
19-Sep-2437.000
37(0.00%)19-Sep-2024 23:27
18-Sep-2437.000
37(0.00%)18-Sep-2024 23:32
17-Sep-2437.000
37(0.00%)17-Sep-2024 23:23
16-Sep-2437.000
37(0.00%)16-Sep-2024 23:29
15-Sep-2437.000
37(0.00%)15-Sep-2024 23:24
14-Sep-2437.000
37(0.00%)14-Sep-2024 23:26
13-Sep-2437.000
37(0.00%)13-Sep-2024 23:30
12-Sep-2437.000
37(0.00%)12-Sep-2024 23:23
11-Sep-2437.000
37(0.00%)11-Sep-2024 23:27
10-Sep-2437.000
37(0.00%)10-Sep-2024 23:29

Popular Foundations IPO Lot Size

ApplicationLotsSharesAmount

Retail(Min)

13,0001.11 Lakh (1,11,000)

Retail(Max)

13,0001.11 Lakh (1,11,000)

HNI(Min)

26,0002.22 Lakh (2,22,000)

About Popular Foundations Limited

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.

Popular Foundations IPO's documents

Popular Foundations Limited Contact Details

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: [email protected]
Websitehttp://www.grouppopular.com/

Popular Foundations IPO's Promoters

The promoters of the Company are Mr. Ananthanarayanan Sankaralingam Venkatesh and Mrs. Vinita Venkatesh.