Popular Foundations Ltd. IPO: Key Details

Popular Foundations Limited, with over 25 years of experience, specializes in Engineering and Construction Activities, providing comprehensive end-to-end solutions in the construction sector. The company is dedicated to building practices catering to various verticals such as factories, educational institutions, commercial, and residential projects. However, it strategically directs its focus towards non-residential and non-governmental projects in the realm of civil construction in and around Chennai.

Popular Foundations Ltd. IPO Details

IPO Date	September 13, 2024 to September 19, 2024
Listing Date	September 24 2024
Face Value	₹10 per share
Price Band	₹37 per share
Lot Size	3000 Shares
Total Issue Size	5370000 Shares
Issue Type	Fixed Price
Listing At	BSE
Share holding pre issue	12500000
Share holding post issue	-

Popular Foundations Ltd. IPO Promoter Holding

The promoter of the company is Ananthanarayanan Sankaralingam Venkatesh, Vinita Venkatesh,

Share Holding Pre Issue	83.29%
Share Holding Post Issue

Popular Foundations Ltd. IPO Objectives

1. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company;2. Funding the working capital requirements of our Company; and3. General corporate purposes.

Popular Foundations Ltd. IPO Prospectus

Popular Foundations Ltd. DRHP

Popular Foundations Ltd. Lead Managers

Srujan Alpha Capital Advisiors LLP

Popular Foundations Ltd. IPO Contact Information

Soniya Sharma
Phone: +91 9414987318
Email: info@grouppopular.com

Popular Foundations Ltd. IPO Registrar

Name: Bigshare Services Pvt Ltd
Phone: +91-022-62638200
Email: Investor@bigshareonline.com

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