Popular Foundations Limited

  • Minimum Investment
    ₹1,11,000
  • Price Range
    ₹37 - ₹37
  • Issue Size
    ₹19.87 Cr
  • Lot Size
    3000 shares

This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.

Proceeds of this IPO to be used for

Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company.

Funding the working capital requirements of the company.

General corporate purposes.

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Popular Foundations Limited

Quality assurance

The quality inspection team conducts unannounced site visits to ensure adherence to standards. The careful use of high-quality materials further provides a competitive edge.

Established reputation

The brand’s established reputation has contributed to its success and positioned it well for future business opportunities.

Timely delivery

The company’s dedication to timely delivery is a cornerstone of its strategy. This focus on punctuality strengthens its position as a trusted and reliable entity in the industry.

Cost overruns

The company is subject to various risks in its engineering and construction business, including cost increases above estimates, changes in scope of work, and cost overruns. These factors may lead to reduced profits, losses, and, in some cases, cancellation or deferral of contracts.

Supply of material

Delays or failures in receiving materials, services, or finished goods from third parties due to issues with price, quality, or availability, may adversely affect the company's business, and operations

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
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Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Particulars (In Cr)Y/Y Change
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Cash from Financing Activities--
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About Popular Foundations Limited

Popular Foundations Ltd. was incorporated on November 30, 1998. The company specializes in engineering and construction, offering end-to-end solutions across various sectors, including factories, educational institutions, commercial, and residential projects.
  • Promoter
    Ananthanarayanan Sankaralingam Venkatesh
  • Promoter
    Vinita Venkatesh

Popular Foundations Limited IPO FAQs

What is Popular Foundations Limited IPO?

Popular Foundations Limited IPO refers to the initial public offering of shares by Popular Foundations Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Popular Foundations Limited IPO?

For Popular Foundations Limited IPO the issue size is ₹20 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Popular Foundations Limited IPO?

For Popular Foundations Limited IPO the minimum investment is ₹1,11,000. The minimum investment for Popular Foundations Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Popular Foundations Limited IPO?

For Popular Foundations Limited IPO the lot size is 3000 shares. The lot size of Popular Foundations Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Popular Foundations Limited IPO on Share.Market?

To apply for Popular Foundations Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Popular Foundations Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Popular Foundations Limited IPO?

Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Popular Foundations Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Popular Foundations Limited IPO?

For Popular Foundations Limited IPO the allotment date is September 20, 2024. The allotment date of Popular Foundations Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Popular Foundations Limited IPO?

For Popular Foundations Limited IPO, the subscription opens on September 13, 2024 and closes on September 19, 2024. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
9.27x Oversubscribed