31 Mar 2022
Assets49.29
Total Income26.30
Profit After Tax0.48
NET Worth13.84
Reserves and Surplus12.84
Total Borrowing18.35
At a glance
Updated 2026-08-24Popular Foundations is a SME IPO with an issue size of ₹19.87 crore, proposed for listing on BSE SME. The offer opens on 13th Sep 2024 and closes on 19th Sep 2024. The issue structure includes a fresh issue of ₹18.87 crore.
Issue details
Listing atBSE SME
Issue typeFixed Price Issue
Issue size₹19.87 Cr
Fresh issue₹18.87 Cr
Face value₹10
Price band—–—
Allotment20th Sep 2024
Listing24th Sep 2024
Grey market
GMP page ↗Latest GMP₹0.00
GMP / upper priceNO DATA
Est. listing₹37.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens13th Sep 2024
Closes19th Sep 2024
Allotment20th Sep 2024
Refund23rd Sep 2024
Demat23rd Sep 2024
Listing24th Sep 2024
Subscription demand
Full bidding ↗Total9.21×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 3000 | — |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company; | ₹4.94 Cr |
| Funding the working capital requirements of the Company; and | ₹11.86 Cr |
| General corporate purposes | ₹1.08 Cr |
Financials
Full financials ↗31 Mar 2023
Assets48.65
Total Income48.67
Profit After Tax1.20
NET Worth14.84
Reserves and Surplus13.84
Total Borrowing17.54
31 Mar 2024
Assets63.55
Total Income51.91
Profit After Tax3.48
NET Worth23.13
Reserves and Surplus8.12
Total Borrowing15.78
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 23.17% |
| ROCE | 22.77% |
| RoNW | 15.03% |
| PAT Margin | 6.70% |
| Price to Book Value | 2.3 |
Valuation & shareholding
Pre-IPO EPS2.32
Post-IPO EPS1.71
Pre-IPO P/E15.97
Post-IPO P/E21.68
Promoter holding pre83.36%
Promoter holding post61.39%
Market cap₹75.40 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Issue Management fees including Merchant Banking fees, Underwriting fees and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses | ₹1.72 Cr |
| Advertising and Marketing Expenses | ₹0.20 Cr |
| Fees payable to the stock exchange(s) | ₹0.04 Cr |
| Printing & Stationery, Distribution, Postage, etc. | ₹0.03 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Srujan Alpha Capital Advisors...
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.