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Popular Vehicles & Services IPO opens today; Here is all you need to know about Rs 601 cr IPO

Popular Vehicles & Services IPO opens today; Here is all you need to know about Rs 601 cr IPO
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Popular Vehicles Secures ₹180 Crore from Anchor Investors

HDFC Mutual Fund emerged as the largest investor in the IPO, acquiring equity shares worth ₹74 Crore through the anchor book.

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Popular Vehicles IPO: Check issue size, price band, GMP and other details

The Popular Vehicles IPO opens today after raising Rs 180 crore from anchor investors on Monday. The IPO is made through the book building process, with allocations for qualified institutional buyers, retail investors, and non-institutional investors. The company saw revenue growth and profit after tax (PAT). ICICI Securities, Nuwama Wealth, and Centrum Capital are the book-running lead managers.

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Popular Vehicles IPO opens for subscription Should you bid for Rs 602-crore offer?

Popular Vehicles IPO opens for subscription Should you bid for Rs 602-crore offer?
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Popular Vehicles and Services IPO: Check subscription on Day 1, GMP and other details

The initial public offer (IPO) of Popular Vehicles was subscribed 18% so far on Tuesday, the first day of the bidding process. The issue received bids for 25 lakh shares as against 1.44 crore shares on offer.

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