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15 Days Price Change

Popular Vehicles IPO

Closing In

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Profile
Issue Size --
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Price Range 285  to  295 per share
Profile
Min Investment ₹295
Profile
Lot Size 1
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Face Value ₹2
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 Vehicles & Services Limited is a prominent automotive company headquartered in India, with a diversified presence in automobile retail, distribution, and services. Founded in 1984, Popular Vehicles has established itself as a leading player in the automotive industry, offering a wide range of services including dealership networks, spare parts distribution, vehicle financing, and after-sales service support. The company represents several renowned automobile brands and operates a vast network of dealerships and service centers across multiple states in India. Popular Vehicles prides itself on its commitment to customer satisfaction, quality service, and innovation in the automotive sector. With a strong emphasis on professionalism and ethical business practices, Popular Vehicles & Services Limited continues to be a trusted name in the Indian automotive landscape. Read More

Basic Info

Face Value 2 per share

Price 285  to  295 per share

P/E (x) -196.7

Sales( Cr.) 5541

PAT( Cr.) -10

EPS -1.5

Draft Prospectus --

Exchange BSE-NSE

Promoter

Company Promoters

John K. Paul Francis K. Paul Naveen Philip.

Pre Issue Share Holding 100%

Post Issue Share Holding 43.23%

Listing Details:

Listing Price: 292

Listing Gain: -1.03%

Current Price: 97.5

Gain On Issue: 97.5 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Mar 12, 2024
Closing Date Mar 14, 2024
Allotment Mar 15, 2024
Refund Mar 18, 2024
Delivery of Shares Mar 18, 2024
Listing Date Mar 19, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 50 14,750
Retail (Max) 13 650 191,750
S-HNI (Min) 14 700 206,500
S-HNI (Max) 67 3350 988,250
B-HNI (Min) 68 3400 1,003,000

Objective of the Issue

1. Repayment and/or pre-payment, in full or part, of certain borrowings, availed by the company and certain of the subsidiaries, namely, VMPL, PAWL, PMMIL, KGPL, KCPL and PMPL. 2. General corporate purposes.

Issue

Category Nos Bid Bid (x)
QIB 10195826 19575986 1.9x
NII 3058748 2049361 0.7x
Retail 7137078 7636673 1.1x
EMP 0 0 0x
Total 20391651 25489564 1.3x

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 Vehicles Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 2791 3240 3633 3678 3906 3177 2894 3466 4875 5616 5541
Other Income 7 6 7 7 14 9 26 18 18 31 20
Total Income 2798 3246 3641 3685 3920 3186 2919 3484 4893 5647 5562
Total Expenditure 2727 3173 3542 3575 3809 3069 2742 3303 4654 5357 5383
Operating Profit 71 73 99 110 111 116 177 182 238 290 179
Interest 45 49 35 36 46 73 58 64 74 102 89
Depreciation 12 15 23 25 25 61 72 69 79 92 99
Exceptional Income / Expenses 0 0 0 0 0 26 0 0 0 2 0
Profit Before Tax 14 8 41 50 40 8 47 49 85 98 -9
Provision for Tax 4 3 13 18 13 -4 15 15 21 22 2
Profit After Tax 11 6 28 32 27 12 32 34 64 76 -10
Adjustments -1 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 9 6 28 32 27 12 32 34 64 76 -10
Adjusted Earnings Per Share 2.9 1.8 5.3 5.9 4.3 2 5.2 5.4 10.2 10.7 -1.5

Popular Vehicles Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 64 67 170 201 228 213 246 280 343 653 639
Minority's Interest 4 0 0 0 0 0 0 0 0 0 0
Borrowings 59 140 45 36 46 47 89 88 91 13 2
Other Non-Current Liabilities 6 4 10 18 20 264 274 357 390 458 448
Total Current Liabilities 514 518 442 520 707 584 492 522 664 813 733
Total Liabilities 649 729 666 774 1001 1108 1101 1248 1488 1938 1875
Fixed Assets 140 195 209 208 212 472 464 564 671 733 721
Other Non-Current Assets 35 43 47 59 79 98 71 76 81 108 109
Total Current Assets 474 491 410 507 705 536 565 606 734 1096 939
Total Assets 649 729 666 774 1001 1108 1101 1248 1488 1938 1875

Popular Vehicles Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 23 45 38 25 38 25 37 55 18 24 55
Cash Flow from Operating Activities -27 108 123 -10 -82 339 95 70 109 80 151
Cash Flow from Investing Activities -14 -74 -21 -37 -50 -28 -7 -41 -80 -88 -39
Cash Flow from Financing Activities 63 -44 -115 60 119 -299 -71 -65 -24 39 -142
Net Cash Inflow / Outflow 22 -9 -13 13 -13 13 18 -37 5 31 -30
Closing Cash & Cash Equivalent 45 36 25 38 25 37 55 18 24 55 24

Popular Vehicles Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 2.91 1.77 5.25 5.94 4.32 1.99 5.17 5.37 10.22 10.69 -1.47
CEPS(Rs) 6.98 6.42 9.53 10.59 8.32 11.73 16.73 16.41 22.88 23.6 12.41
DPS(Rs) 0 0 0 0 0 0 0 0 0 0.5 0
Book NAV/Share(Rs) 20.11 20.78 31.79 37.63 36.36 33.92 39.22 44.62 54.69 91.74 89.72
Core EBITDA Margin(%) 2.3 2.06 2.51 2.8 2.47 3.38 5.1 4.54 4.35 4.46 2.75
EBIT Margin(%) 2.13 1.79 2.09 2.32 2.2 2.56 3.53 3.12 3.13 3.44 1.39
Pre Tax Margin(%) 0.52 0.26 1.13 1.35 1.03 0.25 1.59 1.35 1.67 1.68 -0.15
PAT Margin (%) 0.38 0.17 0.77 0.86 0.69 0.39 1.09 0.94 1.26 1.31 -0.18
Cash Profit Margin (%) 0.8 0.63 1.4 1.54 1.34 2.32 3.53 2.86 2.83 2.89 1.53
ROA(%) 1.65 0.82 4.02 4.4 3.05 1.18 2.94 2.87 4.69 4.44 -0.55
ROE(%) 16.65 8.66 23.75 17.11 12.65 5.67 14.15 12.8 20.57 15.27 -1.62
ROCE(%) 11.38 10.99 15.09 15.94 12.41 12.06 18.09 17.96 21.17 20.5 7.43
Receivable days 21.54 19.81 18.52 19.63 22.39 21.5 16.55 17.12 14.42 16.37 16.42
Inventory Days 31.93 27.46 21.49 19.93 26.86 37.06 36.76 34.2 28.7 32.32 37.05
Payable days 7.89 7.73 6.27 5.5 6.89 14.13 14.98 9.58 7.82 9.4 9.09
PER(x) 0 0 0 0 0 0 0 0 0 23.31 0
Price/Book(x) 0 0 0 0 0 0 0 0 0 2.71 1.08
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0.2 0
EV/Net Sales(x) 0.15 0.13 0.08 0.1 0.14 0.1 0.11 0.11 0.1 0.38 0.19
EV/Core EBITDA(x) 5.83 5.89 2.83 3.23 4.88 2.75 1.73 2.01 2.05 7.44 6.03
Net Sales Growth(%) 0 16.09 12.14 1.22 6.19 -18.66 -8.91 19.78 40.66 15.19 -1.32
EBIT Growth(%) 0 -2.55 31.01 12.58 0.55 -5.38 29.18 7 41.33 25.64 -59.78
PAT Growth(%) 0 -47.12 394.76 13.04 -14.42 -53.92 159.83 3.74 90.31 18.73 -113.75
EPS Growth(%) 0 -39.16 196.9 13.04 -27.23 -53.93 159.83 3.74 90.31 4.59 -113.75
Debt/Equity(x) 7.11 7 1.79 1.98 2.45 1.64 1.44 1.33 1.47 0.68 0.66
Current Ratio(x) 0.92 0.95 0.93 0.98 1 0.92 1.15 1.16 1.11 1.35 1.28
Quick Ratio(x) 0.45 0.48 0.51 0.56 0.49 0.43 0.52 0.47 0.45 0.62 0.49
Interest Cover(x) 1.32 1.17 2.17 2.38 1.88 1.11 1.82 1.76 2.15 1.96 0.9
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0 0.25 0.62

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -1% 17% 12% 7%
Operating Profit CAGR -38% -1% 9% 10%
PAT CAGR -113% NAN% NAN% NAN%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -20% NA% NA% NA%
ROE Average -2% 11% 12% 13%
ROCE Average 7% 16% 17% 15%

Company Contact Information

Popular Vehicles & Services Ltd.

Kuttukaran Centre Mamangalam Cochin

IPO Lead Manager(s)

Popular Vehicles & Services Ltd.

ICICI Securities Ltd

Nuvama Wealth Management Ltd.

Centrum Capital Limited

Registrar Info

Popular Vehicles & Services 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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