Bookbuilding IPO | ₹602 Cr | Listed at BSE, NSE | Tue, Mar 12, 2024 - Thu, Mar 14, 2024
| Category | QIB | NII | Retail | Employees | Total | ||||
|---|---|---|---|---|---|---|---|---|---|
| Ex. Anchor | Anchor Investor | Total QIB | Below ₹10L | Above ₹10L | Total NII | ||||
| Allocation (No. of shares) | 40,71,550 | 61,07,325 | 1,01,78,875 | 10,17,888 | 20,35,775 | 30,53,663 | 71,25,214 | 37,453 | 2,03,95,205 |
| Allotment price (Rs.) | 295 | 295 | 295 | 295 | 295 | 295 | 295 | 267 | 295 |
| No.of applications | 14 | 18 | 32 | 798 | 78 | 876 | 1,09,901 | 118 | 1,10,927 |
| No.of shares applied | 78,03,350 | 76,44,300 | 1,54,47,650 | 6,61,100 | 13,56,950 | 20,18,050 | 73,09,900 | 22,950 | 2,47,98,550 |
| Amount collected (Rs.cr.) | 230.20 | 225.51 | 455.71 | 19.50 | 40.03 | 59.53 | 215.64 | 0.61 | 731.48 |
| No.of times subscribed | 1.92 | 1.25 | 1.52 | 0.65 | 0.67 | 0.66 | 1.03 | 0.61 | 1.22 |
| No.of shares allotted | 49,35,603 | 61,07,325 | 1,10,42,928 | 6,61,100 | 13,56,950 | 20,18,050 | 73,09,900 | 22,950 | 2,03,93,828 |
| Amount (Rs.cr.) | 145.60 | 180.17 | 325.77 | 19.50 | 40.03 | 59.53 | 215.64 | 0.61 | 601.55 |
| No.of allottees | 14 | 18 | 32 | 798 | 78 | 876 | 1,09,901 | 118 | 1,10,927 |
Popular Vehicles IPO is a public issue of 2.04 Cr equity shares. The issue offers 0.71 Cr shares to retail investors, 1.02 Cr shares to qualified institutional buyers, and 0.31 Cr shares to non-institutional investors.
| Category | Shares Offered | Amt (₹ Cr.) | Size (%) |
|---|---|---|---|
| QIB | 1,01,78,875 | 300.28 | 49.91% |
| Anchor | 61,07,325 | 180.17 | 29.94% |
| QIB (Ex Anchor) | 40,71,550 | 120.11 | 19.96% |
| NII | 30,53,663 | 90.08 | 14.97% |
| bNII (> ₹10L) | 20,35,775 | 60.06 | 9.98% |
| sNII (< ₹10L) | 10,17,888 | 30.03 | 4.99% |
| Retail | 71,25,214 | 210.19 | 34.94% |
| Employee | 37,453 | 1.10 | 0.18% |
| Total | 2,03,95,205 | 601.66 | 100% |
A total of 61,07,325 shares at a price of Rs 295 per share will be allotted to the anchor investors.
| Anchor investors bid opening date | Mar 11, 2024 |
| Anchor investor price | ₹295.00 |
| Anchor investors as % of QIBs | 60.00% |
| No. of shares locked-in for 30 days | 30,53,663 |
| No. of shares locked-in for 90 days | 30,53,663 |
📑 Anchor Investor Allotment Letter
📊 Historic report - IPOs Anchor Investors Investment & Performance
The Popular Vehicles IPO is subscribed 1.25 times by Mar 14, 2024 18:21.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | 1.92 |
| Non Institutional | 0.67 |
| Retail Individual | 1.07 |
| Employee Reservations | 8.04 |
| Total Subscription | 1.25 |
An investor can apply in Popular Vehicles IPO online via bank (using ASBA) or the broker (using UPI). The Popular Vehicles IPO shares are offered online only.
The Popular Vehicles IPO is subscribed 1.25 times by Mar 14, 2024 18:21.
The Popular Vehicles IPO allotment status is expected on or around Friday, March 15, 2024. Visit Popular Vehicles IPO allotment status to check.
The Popular Vehicles IPO listing date is March 19, 2024. The equity share of Popular Vehicles IPO will list on BSE, NSE.
Visit Popular Vehicles IPO subscription status page for real-time bidding information about Popular Vehicles IPO.
| IPO opens On | Tuesday, March 12, 2024 |
| IPO Closes On | Thursday, March 14, 2024 |
| Finalisation of Basis of Allotment | Friday, March 15, 2024 |
| Initiation of Refunds | Monday, March 18, 2024 |
| Credit of Shares to Demat Account | Monday, March 18, 2024 |
| IPO Listing Date | Tuesday, March 19, 2024 |
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