Popular Foundations Limited (BSE SME)
Sep 13, 2024 - Sep 19, 2024
| Price | ₹37 - ₹37 |
| Premium | ₹0 |
|---|---|
| Lot size | 3000 |
| Allotment | Sep 20, 2024 |
| Listing | Sep 24, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 3000 | 111000 | 850 |
| HNI | 2 | 6000 | 222000 | 850 |
Last updated on 19-Sep-2024 17:06:14
| Category | Offered | Applied | Times |
|---|---|---|---|
| HNIs | 2550000 | 9303000 | 3.65 |
| Retail | 2550000 | 37962000 | 14.89 |
| Total | 5100000 | 47265000 | 9.27 |
| Total Applications: 23785 | |||
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.18 | @8% ₹0.21 | @9% ₹0.23 | @10% ₹0.26 | @11% ₹0.28 | @12% ₹0.31 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 47.5% | 2550000 |
| Other | 47.5% | 2550000 |
| Market Maker | 5.03% | 270000 |
| Total No. of Shares | 100.0% | 5370000 |
Popular Foundations IPO Details
| Issue Size | 5,370,000 shares (aggregating up to ₹19.87 Cr) |
| Fresh Issue | 5,370,000 shares (aggregating up to ₹19.87 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 15,008,000 |
| Share holding post issue | 20,378,000 |
| Market Maker portion | 270,000 shares Spread X Securities |
Key Performance Indicator
| KPI | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| ROE | 23.17% | 119.61% | 48.08% |
| ROCE | 22.77% | 11.85% | 9.39% |
| RONW | 15.03% | 8.06% | 3.47% |
| D/E | 0.68 | 1.18 | 1.33 |
| EPS (basic) | 2.41 | 0.96 | 0.38 |
| P/E Pre IPO | 15.97 | ||
| P/E Post IPO | 21.68 |
Company Financials
Popular Foundations Limited Financial Information (Restated)
Popular Foundations Limited's revenue increased by 7% and profit after tax (PAT) rose by 191% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period | Mar 2024 | Mar 2023 | Mar 2022 | |||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | 6,354.87 | 4,864.7 | 4,929.49 | |||||||||||||||||||||||||||
| Revenue | 5,191 | 4,866.89 | 2,630.17 | |||||||||||||||||||||||||||
| Profit | 347.76 | 119.61 | 48.08 | |||||||||||||||||||||||||||
| Net Worth | 2,313.11 | 1,483.69 | 1,384.08 | |||||||||||||||||||||||||||
| Reserves | 812.31 | 1,383.69 | 1,284.08 | |||||||||||||||||||||||||||
| Borrowing | 1,578.4 | 1,753.99 | 1,835.37 | |||||||||||||||||||||||||||
| Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||
About Company
Popular Foundations Limited, founded in 1998, specializes in engineering and construction services, offering end-to-end solutions across various sectors, including factories, educational institutions, and commercial and residential projects. The company focuses on non-residential and non-government projects, primarily around Chennai, with successful projects also completed in Pondicherry, Tanjore, Bangalore, Trichy, Madurai, Vizhuppuram, and Coimbatore. As of September 7, 2024, the company employed 86 people, including senior executives, working both on-site and at headquarters.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html