Popular Vehicles & Services Ltd.
Industry:
Automobiles - Dealers & Distributors
Issue Details
Open Date
12 Mar 2024Close Date
14 Mar 2024Size (in Crs.)
601.659
Size (Shares)
-Listing On
BSE, NSE
Issue Terms
Price Range
-15Lot Size
50
Type
Book building
Face Value
2
Market Lot
1
Objective of the Issue
1. Repayment and/or pre-payment, in full or part, of certain borrowings, availed by our Company and certain of our Subsidiaries, namely, VMPL, PAWL, PMMIL, KGPL, KCPL and PMPL.2. General corporate purposes.
Description
We are a leading diversified automotive dealership in India in terms of revenue (Source: CRISIL Report), with a presenceacross the automotive retail value chain, including sale of new passenger and commercial vehicles, services and repairs, spareparts distribution, sale of pre-owned passenger vehicles and facilitation of sale of third-party financial and insurance products.We operate passenger vehicle dealerships of Maruti Suzuki India Limited (“Maruti Suzuki”), Honda Cars India Limited(“Honda”) and Jaguar Lan... Show More
Address
Kuttukaran Centre , Mamangalam , Cochin
Ernakulam
682025
State
Kerala
Phone No.
0484 2341134
cs@popularv.com
Website
www.popularmaruti.com
Promoter Holding
Promoters:
Francis K Paul, John K Paul, Naveen Philip
Total Share Capital
43558086
Offered to Public
20395205
% Promoter's Holding (Pre-Issue)
69.45
% Promoter's Holding (Post-Issue)
61.17
Shares on offer
Total Share Offer
43558086
Of above offred to public
20395205
Post Issue shares
NA
Post Issue Promoters
61.17
Lead Managers to the Issue:
Centrum Capital Ltd, ICICI Securities Ltd, Nuvama Wealth Management Ltd.
Registrar Details
Registrar Name:
Link Intime India Pvt Ltd.
Address
C 101, 247 Park , LBS Marg , Vikhroli (West) , Mumbai
400083
Phone No.
91-022-49186000/49186270
helpdesk@linkintime.co.in
Website
www.linkintime.co.in
Fax
91-022-49186060