Rudra Shares and Stock Brokers LTD.

IPO SYNOPSIS

Popular Vehicles & Services Ltd
Registered Office:
Kuttukaran Centre,Mamangalam Cochin,
Ernakulam - 682025,
Kerala, India.
Email :  cs@popularv.com
Initial public offer of 20,393,828 equity shares of face value of (Rs) 2 each ("Equity Shares") of Popular Vehicles and Services Limited ("Company") for cash at a price of (Rs) 295 per equity share (including a share premium of (Rs) 293 per equity share) ("Offer Price") aggregating to (Rs) 601.55 crores comprising a fresh issue of 8,476,753 equity shares aggregating to (Rs) 250.00 crores by the company ("Fresh Issue") and an offer for sale of 11,917,075 equity shares aggregating to (Rs) 351.55 crores by Banyantree Growth Capital ii, llc (the "Selling Shareholder") and such equity shares offered by the selling shareholder ("Offer for Sale", and together with the fresh issue, the "Offer"). The offer included a reservation of 37,453 equity shares*, aggregating up to (Rs) 1.00 crores (constituting 0.05% of the post-offer paid-up equity share capital*), for subscription by eligible employees ("Employee Reservation Portion"). Pursuant to finalization of basis allotment 22,950 equity shares allotted to eligible employees under the employess reservation portion. The company, in consultation with the brlms, offred a discount of 9.49% of the offer price 9Equivalent to (Rs) 28 per equity share) to eligible employees bidding in the employee reservation portion ("Employee Discont"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer constituted 28.64% and 28.61 respectively, of the post-offred paid-up equity share capital of the company. Anchor investor offer Price is (Rs) 295 per equity share of face value of (Rs) 2 each. Offer Price: (Rs) 295^ per equity share of the face value of (Rs) 2 each. The offer price is 147.50 times the face value of the equity shares. ^A discount of (Rs) 28 per equity share was offered to eligible employees bidding in the employee reservation portion
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
12-Mar-24
14-Mar-24
295.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 50   Further Multiples of : 50
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
228.99
Centrum Capital Ltd
Project Financed through Current Offer
601.55
 
Post Issue Equity Share Capital
14.24
 
Issue Price
295.00
 
Projects
Repayment and/or pre-payment in full or part of certain borrowings availed by the company and certain of its subsidiaries namely VMPL, PAWL,PMMIL,KGPL,KCPL and PMPL
General corporate purposes
Promoted By
John K Poul
Francis K Paul
Naveen Philip
Listing At
BSE
NSE
Registrar to the Issue
No Data Available!!!
ATTENTION INVESTORS : Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors.    ||     Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day........issued in the interest of investors.   ||    KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
Attention Investors

1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020

2. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on
your email id and/or mobile number to create pledge.

3. Pay 20% upfront margin of the transaction value to trade in cash market segment.

4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191
dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.

5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.

(Issued in the interest of Investors.)

Important Message

This is to inform that, many instances were reported by general public where fraudsters are cheating general public by misusing our brand name RUDRA SHARES.
The fraudsters are luring the general public to transfer them money by falsely committing attractive brokerage / investment schemes of share market and/or Mutual Funds
and/or personal loan facilities. Though as for as possible, we initiate legal actions against the fraudsters, we request you to not fall prey to such fraudsters. You can check
about our products and services by visiting our website www.rudrashares.com. You can also write to us at compliance@rudrashares.com, to know more about products and services.

SEBI REGN. (STOCK BROKER) - NSE-CM/FO/CD / BSE-CM/FO/CD / MCX / NCDEX - INZ000004937
SEBI REGN. (DP)IN-DP-558-2021
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