Popular Vehicles and Services IPO Fully Subscribed: Bidding Closed on 15 March 2024

Popular Vehicles and Services IPO Fully Subscribed

The IPO attracted strong institutional support, with QIBs subscribing 1.97 times the allotted quota.

IPO Details

Kerala-based Popular Vehicles aims to raise Rs 601.55 crore, offering shares at Rs 280-295 per share.

Upcoming IPO

Allotment and Trading

The basis of allotment is already finalized by March 15. Shares will be credited to Demat accounts by March 18. Trading begins on BSE and NSE from March 19.

No trading premium was observed in the grey market amid recent market volatility. Consult certified experts for investment decisions.

Market Insights

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