The allotment status for Popular Vehicles and Services IPO (Initial Public Offering) will be determined on March 15, 2024. The refund process will begin on March 18, 2024 and shares will be added to Demat accounts on March 18, 2024. It is expected that Popular Vehicles and Services IPO will be listed on March 19, 2024. Investors can check their allotment status online on the linkintime website or through their bank and Demat account in offline mode. Here is a step-by-step guide on how to check the allotment status for Popular Vehicles and Services IPO online or offline.
The company plans to raise approximately ₹601.55 Crores through the IPO, with a fixed price per equity share of ₹280 to ₹295. The IPO will be listed on the NSE, BSE.
How To Check Popular Vehicles IPO Allotment Status:
Popular Vehicles and Services IPO Time Table:
| Event | Date |
| Opening Date | 12 March 2024 (Tuesday) |
| Closing Date | 14 March 2024 (Thursday) |
| Basis of Allotment | 15 March 2024 (Friday) |
| Initiation of Refunds | 18 March 2024 (Monday) |
| Credit of Shares to Demat | 18 March 2024 (Monday) |
| Listing Date | 19 March 2024 (Tuesday) |
| Deadline for UPI mandate confirmation | 5 PM on 14 March 2024 |
Popular Vehicles IPO Subscription Status:
| Category | Subscription |
| QIB | 1.92x |
| NII | 0.67x |
| Retail | 1.07x |
| Employee | 8.04x |
| Total | 1.25x |
Popular Vehicles IPO Allotment Date:
The allotment date for Popular Vehicles IPO is 15 March 2024.
Popular Vehicles and Services IPO Allotment Timing:
The allotment status of Popular Vehicles and Services IPO will be updated on the register’s website between 10:00 PM tonight (15 March 2024) and 11:00 AM tomorrow (18 March 2024).
Popular Vehicles IPO Allotment Chances:
The basis of allotment for the Popular Vehicles IPO will be around 93.00%, as determined by the retail subscription rate. (Approx.)
You can Check Popular Vehicles IPO Allotment Status in two ways:
Popular Vehicles and Services IPO: Discover Your Allotment Status on BSE
- Go to the direct BSE link at : BSE Link (Click Here) and log in.
- Select the Popular Vehicles IPO.
- Enter the Popular Vehicles IPO application number.
- Enter your PAN details.
- Verify that you are not a robot by clicking the ‘I’m not a robot’ button.
- Click the ‘Submit’ button.
Popular Vehicles IPO: Discover Your Allotment Status on linkintime
- Go to the direct linkintime link at (Click Here) and log in.
- Select the Popular Vehicles IPO.
- Enter the Popular Vehicles IPO application number.
- Enter your PAN details.
- Verify that you are not a robot by clicking the ‘I’m not a robot’ button.
- Click the ‘Submit’ button.
Popular Vehicles and Services IPO Allotment Link
Popular Vehicles and Services IPO GMP TODAY:
| Company Name | GMP (₹) | Listing Gain |
| Popular Vehicles and Services IPO GMP | ₹0 | 0.00% |
About Popular Vehicles and Services Limited
Founded in 1983, Popular Vehicles and Services Limited is a key player in the Indian automobile dealership industry.
Popular Vehicles offers a comprehensive range of services throughout the entire vehicle ownership journey, covering new and preowned vehicle sales, maintenance, spare parts distribution, driving schools, and the sale of third-party financial and insurance products.
The company’s operations can be categorized into three segments:
- Passenger vehicles, including luxury cars,
- Commercial vehicles, and
- Electric two-wheeler and three-wheeler vehicles.
Presently, the company has a widespread presence with 59 showrooms, 126 sales outlets and booking offices, 31 pre-owned vehicle showrooms and outlets, 134 authorized service centers, 40 retail outlets, and 24 warehouses spread across 14 districts in Kerala, eight districts in Karnataka, 12 districts in Tamil Nadu, and seven districts in Maharashtra. The sales outlets and booking offices aid in sales, while the retail outlets handle the sales and distribution of spare parts and accessories.
In the fiscal year 2023, Popular Vehicles serviced a total of 791,360 vehicles, including 5,212 luxury vehicles, 163,013 commercial vehicles, 1,918 electric two-wheelers, and 857 electric three-wheelers, through 130 authorized service centers within its dealerships.
The company’s Profit After Tax (PAT) saw significant growth from ₹324.55 million in Fiscal 2021 to ₹640.74 million in Fiscal 2023.
For the fiscal years 2021, 2022, and 2023, the company reported total incomes of ₹29,192.52 million, ₹34,841.99 million, and ₹48,926.28 million, respectively.
As of July 31, 2023, Popular Vehicles and Services Limited boasted a workforce of 10,275 employees.
Popular Vehicles and Services IPO FAQs
When is Popular Vehicles and Services IPO Allotment Date?
Popular Vehicles and Services IPO Allotment is to be available on March 15, 2024.
What will be Popular Vehicles and Services IPO Refund Date?
The Popular Vehicles and Services IPO refund date is March 18, 2024.
What are the Popular Vehicles and Services IPO Allotment Chances in Percentage (%)?
The Popular Vehicles and Services IPO allotment is based on the subscription. As per the retail application received the basis of allotment will be around 0.93%. (Approx.)
How do I Check My Popular Vehicles and Services IPO Allotment Status?
How to Check Your Popular Vehicles and Services IPO Allotment Status: Utilize Your PAN Number, Application Number, or Verify the Deducted Amount from Your Bank Account.
How to check Popular Vehicles and Services IPO Allotment Status?
To check your Popular Vehicles and Services IPO allotment status, you can use your PAN number, application number or check the amount deducted from your bank account.
How to check the Popular Vehicles and Services IPO Allotment via Registrar ( Name )?
To check the allotment status of Popular Vehicles and Services IPO, simply log onto the allotment page and enter your application number, PAN number, or demat account number. It’s that easy! Click Here
What is Popular Vehicles and Services IPO Listing Date?
Popular Vehicles and Services IPO listing date is March 19, 2024. The IPO is to list on NSE, BSE.
For Motre Detail of Popular Vehicles and Services IPO Click Here
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