TBI Corn Limited IPO Detail
Last Updated on May 31, 2024 TBI Corn Limited IPO Incorporated in 2000, TBI Corn Limited is a manufacturer and exporter of Corn Meal Grits. The Company is ISO 9001:2015
Incorporated in 1983, Popular Vehicles and Services Limited is engaged in the business of automobile dealerships in India.
Popular Vehicles provides complete services throughout the life cycle of vehicle ownership, including sales of new
and preowned vehicles, servicing, spare parts distribution, driving schools, and third-party financial and insurance product sales.
The company’s business can be divided into three segments
The company currently operates through a vast network consisting of 59 showrooms, 126 sales outlets, and booking offices, 31 pre-owned vehicle showrooms and outlets, 134 authorized service centers, 40 retail outlets, and 24 warehouses across 14 districts of Kerala, 8 districts in Karnataka, 12 districts in Tamil Nadu, and 7 districts in Maharashtra. In addition to its showrooms, the sales outlets and booking offices also facilitate its sales, whereas the retail outlets are responsible for selling and distributing spare parts and accessories.
In FY 2023, the company serviced 791,360 vehicles – 5,212 luxury, 163,013 commercial, 1,918 electric two-wheeler, and 857 electric three-wheeler vehicles – through 130 authorized service centers across dealerships.
The company’s PAT increased from ₹324.55 million in Fiscal 2021 to ₹640.74 million in Fiscal 2023.
The company’s total income for Fiscals 2021, 2022, and 2023 was ₹29,192.52 million, ₹34,841.99 million, and ₹48,926.28 million, respectively.
As of July 31, 2023, the company had a total of 10,275 employees.
Popular Vehicles & Services Limited’s revenue increased by 40.42% and profit after tax (PAT) rose by 90.31% between the financial year ending with March 31, 2023 and March 31, 2022.
Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
Assets | 1,941.78 | 1,503.78 | 1,263.29 | 1,118.94 |
Revenue | 2,848.21 | 4,892.63 | 3,484.20 | 2,919.25 |
Profit After Tax | 40.04 | 64.07 | 33.67 | 32.46 |
Net Worth | 384.21 | 343.04 | 279.89 | 246.00 |
Reserves and Surplus | 371.67 | 330.50 | 267.34 | 233.46 |
Total Borrowing | 764.61 | 505.01 | 371.91 | 353.04 |
Amount in ₹ Crore |
The company proposes to utilise the Net Proceeds towards funding the following objects:
Popular Vehicles & Services IPO opens on March 12, 2024, and closes on March 14, 2024.
IPO Open Date | Tuesday, March 12, 2024 |
IPO Close Date | Thursday, March 14, 2024 |
Basis of Allotment | Friday, March 15, 2024 |
Initiation of Refunds | Monday, March 18, 2024 |
Credit of Shares to Demat | Monday, March 18, 2024 |
Listing Date | Tuesday, March 19, 2024 |
Cut-off time for UPI mandate confirmation | 5 PM on March 14, 2024 |
As per our analysis and Based on the information we have, this is the output.
Allah knows best.
If you find this result mistaken or questionable, let us know via email at info (@) halalstock.in
The IPO dashboard offers insights on the Latest Current & Upcoming IPOs in BSE & NSE. It also evaluates IPOs for Shariah compliance, ensuring alignment with Islamic principles for ethical investment choices.
Last Updated on May 31, 2024 TBI Corn Limited IPO Incorporated in 2000, TBI Corn Limited is a manufacturer and exporter of Corn Meal Grits. The Company is ISO 9001:2015
Last Updated on May 31, 2024 Associated Coaters Limited IPO Founded in 2017, Associated Coaters Limited provides services for pre-treatment and powder coating of aluminium extrusions in the architectural and
Last Updated on May 26, 2024 Aimtron Electronics Limited IPO Founded in April 2011, Aimtron Electricals Limited provides products and solutions for electronics system design and manufacturing (“ESDM”) services, with
Copyright © 2023 - Halalstock.in
You can contribute as little as
100, 200, 500 & so…
every bit counts.