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Open
13 Sep 2024
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Close
19 Sep 2024
3
Allotment
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Listing
Tue, Sep 24, 2024
Price Band
₹37 per share
Issue Size
53,70,000 shares (agg. up to ₹20 Cr)
Lot Size
3,000 Shares
Listing Date
Tue, Sep 24, 2024
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
24-09-2024₹0Est. ₹37+0%
23-09-2024₹0Est. ₹37+0%
22-09-2024₹0Est. ₹37+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 9.35x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 63.55 | 48.65 | 49.29 |
| Total Income | 51.91 | 48.67 | 26.30 |
| Profit After Tax | 3.48 | 1.20 | 0.48 |
| NET Worth | 23.13 | 14.84 | 13.84 |
| Reserves and Surplus | 8.12 | 13.84 | 12.84 |
| Total Borrowing | 15.78 | 17.54 | 18.35 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Aesthetik Engineers Ltd. | SME | ₹26.47 Cr | ₹58 | 14.59 | ₹115.70 | +99.48% | ₹69.05 |
| Sathlokhar Synergys E&C Global Ltd. | SME | ₹92.93 Cr | ₹140 | 9.35 | ₹247.00 | +76.43% | ₹394.30 |
| V.L.Infraprojects Ltd. | SME | ₹18.52 Cr | ₹42 | 7.73 | ₹83.75 | +99.40% | ₹27.10 |
| Winsol Engineers Ltd. | SME | ₹23.36 Cr | ₹75 | 12.19 | ₹383.25 | +411.00% | ₹112.35 |
| Teerth Gopicon Ltd. | SME | ₹44.40 Cr | ₹111 | 49.55 | ₹131.25 | +18.24% | ₹17.35 |
| K2 Infragen Ltd. | SME | ₹40.54 Cr | ₹119 | 9.68 | ₹173.25 | +45.59% | ₹46.05 |
| AVP Infracon Ltd. | SME | ₹52.34 Cr | ₹75 | 11.2 | ₹75.05 | +0.07% | ₹60.20 |
| Pratham EPC Projects Ltd. | SME | ₹36.00 Cr | ₹75 | 12.72 | ₹118.95 | +58.60% | ₹119.65 |
| Atmastco Ltd. | SME | ₹56.25 Cr | ₹77 | 11.6 | ₹95.55 | +24.09% | ₹132.70 |
| Rudra Gas Enterprise Ltd. | SME | ₹14.16 Cr | ₹63 | 10.9 | ₹125.68 | +99.49% | ₹73.00 |
| Konstelec Engineers Ltd. | SME | ₹28.70 Cr | ₹70 | 9.9 | ₹220.50 | +215.00% | ₹62.00 |
| Vishnusurya Projects & Infra Ltd. | SME | ₹49.98 Cr | ₹68 | 2.69 | ₹76.65 | +12.72% | ₹155.00 |
| Interarch Building Products Ltd. | Mainboard | ₹600.29 Cr | ₹900 | 15.04 | ₹1,196.45 | +32.94% | ₹1,753.50 |
| Ceigall India Ltd. | Mainboard | ₹1,252.66 Cr | ₹401 | 20.67 | ₹386.75 | -3.55% | ₹374.85 |
| SRM Contractors Ltd. | Mainboard | ₹130.20 Cr | ₹210 | 18.76 | ₹226.00 | +7.62% | ₹461.05 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company; | 4.94 |
| 2 | Funding the working capital requirements of the Company; and | 11.86 |
| 3 | General corporate purposes | 1.08 |
About Popular Foundations IPO
Updated on Aug 5, 2026
Contact Details
Popular Foundations Ltd. AddressNew No.32/1, 32/2, Old No.9/1, 9/2Kamatchi Apartment, 10th AvenueAshok NagarChennai, Tamil Nadu, 600083+91 941498731info@grouppopular.comVisit Website