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Popular Foundations Limited IPO GMP Today, Price Range and Company Details

Popular Foundations Limited IPO offers shares at ₹37, with a ₹0 Grey Market Premium. Available in 3000 share lots, the subscription runs from September 13 to September 18, 2024.
Popular Foundations Limited IPO GMP Today, Price Range and Company Details

Popular Foundations Limited IPO has a ₹0 Grey Market Premium as of September 12, 2024, with a price range at ₹37 per share. Offering lots of 3000 shares, the subscription window is open from September 13 to September 18, 2024.

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The Grey Market Premium (GMP) for Popular Foundations Limited is ₹0 as of September 12, 2024. This assessment coincides with a price at ₹37 per share for the IPO.

Popular Foundations Limited’s financial overview shows rising revenue, from ₹4,866.89 lakhs in March 2023 to ₹5,191 lakhs by March 2024. This growth is supported by substantial increases in profitability and EPS, showcasing strong investor confidence.

The company’s financial health is robust, as evidenced by growing assets and a reduced debt-equity ratio. Equity and liabilities have consistently increased, reflecting expansion potential, while an improvement in RoNW to 15.03% highlights enhanced shareholder value generation.

To get a full IPO review, click here Popular Foundations Limited IPO

Popular Foundations Limited will start accepting subscriptions from September 13, 2024, to September 18, 2024.

Popular Foundations Limited’s price range is at ₹37 per share with a face value of ₹10 each.

Popular Foundations Limited, with over 25 years of experience, specializes in civil construction for non-residential and non-governmental projects. Serving factories, educational institutions, and commercial ventures in Chennai and Tamil Nadu, the company excels in engineering, architecture, and fit-outs. Its strong reputation and client loyalty are reflected in its successful track record and repeat orders in institutional and hospitality sectors.

To apply for the Popular Foundations Limited IPO through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Popular Foundations Limited on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Popular Foundations Limited IPO at Alice Blue in just a few clicks!

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