The Popular Vehicles & Services IPO minimum market lot is 50 shares with ₹14,750 application amount. The Popular Vehicles & Services IPO is an Mainline IPO, and it is to be listed on BSE & NSE.
Popular Vehicles & Services is a leading diversified automobile dealership in India in terms of revenue as of Fiscal 2023, (Source: CRISIL Report) having a fully integrated business model. They cater to the complete life cycle of vehicle ownership, right from the sale of new vehicles, servicing and repairing vehicles, and distributing spare parts and accessories, to facilitating the sale and exchange of preowned vehicles, operating driving schools, and facilitating the sale of third-party financial and insurance products. they categorize their automobile dealership business into three key segments, namely, (a) passenger vehicles including luxury vehicles, (b) commercial vehicles, and (c) electric two-wheeler and three-wheeler vehicles, which contributed to their revenue from operations aggregating ₹30,143.51 million, ₹15,702.54 million and ₹559.05 million, respectively, in Fiscal 2023.
IPOWatch View
We recommend investors may apply for an IPO with Longterm-views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Popular Vehicles & Services IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 1.92 |
| NII | 0.11 | 0.21 | 0.67 |
| bNII | 0.05 | 0.10 | 0.67 |
| sNII | 0.25 | 0.43 | 0.68 |
| RII | 0.49 | 0.80 | 1.07 |
| Employees | 4.15 | 6.59 | 7.99 |
| Total | 0.28 | 0.46 | 1.24 |
Popular Vehicles & Services 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 Vehicles & Services IPO Review
- May Apply
Popular Vehicles & Services IPO Form
How to apply for the Popular Vehicles & Services IPO? You can apply for Popular Vehicles & Services 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 Vehicles & Services IPO in the Invest section. The other option is you can apply for Popular Vehicles & Services IPO via IPO forms downloaded online. Check out the Popular Vehicles & Services forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
