The Popular Foundations IPO minimum market lot is 3000 shares with ₹111,000 application amount. The Popular Foundations IPO is a SME IPO, and it is to be listed on BSE.
Popular Foundations has more than 25 years of experience in Civil Engineering. The company specializes in Engineering and Construction Activities. They provide comprehensive end-to-end solutions in the construction sector. They are providing their services to various verticals such as factories, educational institutions, commercial, and residential projects. They handle projects like Commercial buildings, Hotels, Factories, Art Centres, Residential Buildings, and Educational Institutions. The company has a team of 68 technically qualified engineers and a strong QS/QA team. The company caters to cities like Pondicherry, Tanjore, Bangalore, Trichy, Madurai, Vizhuppuram, Coimbatore besides Chennai.
IPOWatch View
We recommend investors may apply for an IPO with Caution (Avoid). Investors should also look at the QIB, NII, and Retail numbers before investing.
Popular Foundations IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 | Day 4 | Day 5 |
| NII | 0.90 | 1.48 | 2.09 | 2.69 | 3.54 |
| RII | 1.48 | 5.06 | 8.03 | 11.80 | 14.89 |
| Total | 1.19 | 3.27 | 5.06 | 7.25 | 9.21 |
Popular Foundations IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Popular Foundations IPO Review
- Avoid
Popular Foundations IPO Form
How to apply for the Popular Foundations IPO? You can apply for Popular Foundations IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Popular Foundations IPO in the Invest section. The other option is you can apply for Popular Foundations IPO via IPO forms downloaded online. Check out the Popular Foundations forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
