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15 Days Price Change

Popular Foundations IPO

Closing In

  • days
  • Hours
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Profile
Issue Size --
Profile
Price Range 37  to  37 per share
Profile
Min Investment ₹37
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus --
Invest Before the IPO Goes Live

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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Popular Foundations Limited is a dynamic enterprise specializing in construction and engineering services. Established with a commitment to excellence, the company focuses on providing innovative foundation solutions for various types of buildings and infrastructure projects. Their expertise ranges from residential to commercial and industrial foundations, incorporating cutting-edge technology and sustainable practices. With a reputation for reliability and quality, Popular Foundations Limited stands out in the industry through its meticulous project management and adherence to safety standards. Their team of skilled professionals works collaboratively to deliver tailored solutions that meet clients' unique needs, ensuring structural integrity and long-term performance. As the company continues to grow, it remains dedicated to enhancing the built environment with precision and efficiency. Read More

Basic Info

Face Value 10 per share

Price 37  to  37 per share

P/E (x) 19.5

Sales( Cr.) 59

PAT( Cr.) 4

EPS 1.9

Draft Prospectus --

Exchange BSE-SME

Promoter

Company Promoters

Mr. Ananthanarayanan Sankaralingam Venkatesh Mrs. Vinita Venkatesh.

Pre Issue Share Holding 100%

Post Issue Share Holding 62.35%

Listing Details:

Listing Price: 37

Listing Gain: 0%

Current Price: 25.1

Gain On Issue: 25.1 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Sep 13, 2024
Closing Date Sep 19, 2024
Allotment Sep 20, 2024
Refund Sep 23, 2024
Delivery of Shares Sep 23, 2024
Listing Date Sep 24, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 3000 111,000
Retail (Max) 1 3000 111,000
S-HNI (Min) 2 6000 222,000
S-HNI (Max) 9 27000 999,000
B-HNI (Min) 10 30000 1,110,000

Objective of the Issue

1. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company 2. Funding the working capital requirements of the Company 3. General corporate purposes

Issue

Category Nos Bid Bid (x)
QIB 0 0 0x
NII 2685000 9504900 3.5x
Retail 2685000 39979650 14.9x
EMP 0 0 0x
Total 5370000 49457700 9.2x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Popular Foundations Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 20 26 47 52 59
Other Income 0 0 2 0 0
Total Income 21 26 49 52 59
Total Expenditure 19 24 45 45 52
Operating Profit 2 3 3 7 7
Interest 2 2 2 1 2
Depreciation 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0
Profit Before Tax -0 0 1 5 5
Provision for Tax -0 -0 0 1 2
Profit After Tax -0 0 1 3 4
Adjustments 0 0 0 0 0
Profit After Adjustments -0 0 1 3 4
Adjusted Earnings Per Share -0.2 0.4 1 2.3 1.9

Popular Foundations Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 13 14 15 23 43
Minority's Interest 0 0 0 0 0
Borrowings 7 11 9 7 1
Other Non-Current Liabilities 0 0 0 1 2
Total Current Liabilities 21 24 24 31 27
Total Liabilities 41 49 48 63 73
Fixed Assets 5 7 7 4 4
Other Non-Current Assets 0 0 0 0 0
Total Current Assets 36 42 41 58 69
Total Assets 41 49 48 63 73

Popular Foundations Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0 0
Cash Flow from Operating Activities 1 -0 3 -6 -11
Cash Flow from Investing Activities -1 -2 -0 3 -1
Cash Flow from Financing Activities -0 2 -3 4 11
Net Cash Inflow / Outflow 0 -0 0 -0 0
Closing Cash & Cash Equivalent 0 0 0 0 0

Popular Foundations Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -0.17 0.38 0.96 2.31 1.87
CEPS(Rs) 0.02 0.62 1.22 2.49 2.08
DPS(Rs) 0 0 0.16 0.3 0
Book NAV/Share(Rs) 10.78 11.07 11.87 15.61 20.95
Core EBITDA Margin(%) 6.55 8.67 3.53 12.73 12
EBIT Margin(%) 7.46 9.1 6.17 12.37 11.91
Pre Tax Margin(%) -1.39 1.48 2.88 9.58 9.3
PAT Margin (%) -1.06 1.86 2.54 6.69 6.49
Cash Profit Margin (%) 0.15 3 3.23 7.22 7.23
ROA(%) -0.52 1.06 2.45 6.23 5.6
ROE(%) -1.59 3.52 8.34 18.11 11.52
ROCE(%) 5.42 7.84 9 17.91 14.98
Receivable days 407.75 295.89 169 243.7 268.87
Inventory Days 93.12 133.42 89.49 55.59 80.87
Payable days 251.29 223.11 148.88 209.75 324.86
PER(x) 0 0 0 0 12.84
Price/Book(x) 0 0 0 0 1.15
Dividend Yield(%) 0 0 0 0 0
EV/Net Sales(x) 0.75 0.74 0.39 0.59 1.02
EV/Core EBITDA(x) 8.68 7.25 5.65 4.57 8.06
Net Sales Growth(%) 0 27.69 81.88 10.03 13.24
EBIT Growth(%) 0 55.76 23.44 120.48 9.01
PAT Growth(%) 0 324.67 148.77 189.62 9.94
EPS Growth(%) 0 324.67 148.77 141.22 -19.03
Debt/Equity(x) 1.07 1.33 1.18 0.67 0.27
Current Ratio(x) 1.7 1.72 1.71 1.87 2.52
Quick Ratio(x) 1.45 1.15 1.32 1.66 1.8
Interest Cover(x) 0.84 1.19 1.87 4.43 4.57
Total Debt/Mcap(x) 0 0 0 0 0.23

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 13% 31% 0% 0%
Operating Profit CAGR 0% 33% 0% 0%
PAT CAGR 33% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -28% NA% NA% NA%
ROE Average 12% 13% 8% 8%
ROCE Average 15% 14% 11% 11%

Company Contact Information

Popular Foundations Ltd.

New No. 32/1, 32/2, Old No. 9/1, 9/2 Kamatchi Apartment, 10th Avenue Ashok Nagar

IPO Lead Manager(s)

Popular Foundations Ltd.

Srujan Alpha Capital Advisiors LLP

Registrar Info

Popular Foundations Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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