IPO Price History
Closed
Popular Vehicles and Services Limited logo

Popular Vehicles and Services Limited IPO

Mainboard IPOListedPVSLNSE
Current Market Price (CMP)
₹91.24(-69.07%)
Current Price (CMP)
₹91.24(-69.07%)

Live Market Quote

Listing Price & Gain
₹289.20(-1.97%)

Day 1 Exchange Open

IPO Issue Price
₹295

Band: ₹280 - ₹295

Total Subscription
1.23x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
12 Mar 2024
IPO Bidding Closes
14 Mar 2024
Allotment & Refunds
Completed
Exchange Listing Day
19 Mar 2024

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 1.23x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)1.97x
Non-Institutional Investors (NII / HNI)0.66x
Retail Individual Investors (RII)1.05x
Employees Reservation7.59x
Total Subscription1.23x
Updated as on 14-Mar-2024 19:00:00

Listing Day & Return Performance

Listing Day Gain-1.97%
₹295 (Issue) → ₹289.20 (List)
Per share profit: ₹-5.80
Holding Return (Till Date)-69.07%
₹295 (Issue) → ₹91.24 (CMP)
Net gain per share: ₹-203.76
Post-Listing Performance (Listing Day → Today):-68.45%

About Popular Vehicles and Services Limited IPO

Popular Vehicles and Services Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 12 Mar 2024 and concluded on 14 Mar 2024, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹280 - ₹295.

During the bidding window, Popular Vehicles and Services Limited recorded an overall subscription of 1.23 times. Institutional investors (QIB) subscribed 1.97x, non-institutional high-net-worth investors (NII) subscribed 0.66x, and retail individual investors (RII) bid 1.05x their reserved quota, alongside employee participation of 7.59x.

The equity shares of Popular Vehicles and Services Limited officially debuted on the stock exchanges on 19 Mar 2024 at an opening listing price of ₹289.20, delivering a listing day return of -1.97% (discount) over the final issue price. As per the latest market data, the stock trades at ₹91.24, representing an overall decline of -69.07% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Popular Vehicles and Services Limited IPO?
The issue price of Popular Vehicles and Services Limited IPO was fixed at ₹295 per equity share. The indicative bidding price band was ₹280 - ₹295.
What were the open, close, and listing dates for Popular Vehicles and Services Limited IPO?
Popular Vehicles and Services Limited IPO opened on 12 Mar 2024, closed on 14 Mar 2024, listed on 19 Mar 2024.
How much was Popular Vehicles and Services Limited IPO subscribed?
The IPO received an overall subscription of 1.23 times. Category-wise, QIBs subscribed 1.97x, NIIs subscribed 0.66x, and Retail investors subscribed 1.05x.
What was the listing price and listing gain of Popular Vehicles and Services Limited IPO?
Popular Vehicles and Services Limited IPO listed on the stock exchange at ₹289.20, delivering a listing discount of 1.97% compared to the IPO issue price of ₹295.
Is Popular Vehicles and Services Limited IPO a Mainboard or SME IPO?
Popular Vehicles and Services Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Popular Vehicles and Services Limited IPO since its IPO?
At the latest market quote of ₹91.24, Popular Vehicles and Services Limited IPO has generated an all-time return of -69.07% since its initial public offering.

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