214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9804.70 Crs.  Total funds raised in 2,025.00

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

Popular Vehicles & Services Limited IPO Peer Comparison

Popular Vehicles & Services IPO is a MainBoard IPO coming on BSE,NSE with an IPO size of 601.55 Cr. .
This IPO falls under the Automobile sector, which has seen 18 IPOs to date. Key sector metrics such as average PE ratio, IPO size, EBITDA margin, and PAT margin are compared below with the figures from the Popular Vehicles & Services IPO.

Popular Vehicles & Services
IPO Details


IPO Industry -
Automobile

IPOs So Far: 18

Issue Size (IPO)

₹ 601.55 Cr.

Total Fund Raised

₹ 48,016.63 Cr.

Average Issue Size

₹ 2,667.59 Cr.

PE Ratio (IPO)

26.22 x

Average PE Ratio

19.97 x

EBITDA Margin (IPO)

13.94 %

Average EBITDA Margin

12.31 %

PAT Margin (IPO)

8.23 %

Average PAT Margin

3.7 %

Popular Vehicles & Services
IPO Details

IPO Industry

Automobile

IPOs So Far 18


IPO Fund Raised

₹ 601.55 Cr.

Total Fund Raised

₹ 48,016.63 Cr.

Average Fund Raised

₹ 2,667.59 Cr.

IPO PE Ratio

26.22 x

IPO EBITDA

13.94 %

IPO PAT

8.23 %

Average PE Ratio

19.97 x

Average EBIDTA

12.31 %

Average PAT

3.7 %

Peer Comparison of Popular Vehicles IPO in This Sector

You can do performance analysis for Popular Vehicles IPO with Listed IPOs in the Automobile sector and review their IPO performance based on Merchant banker, Listing price, IPO Valuation and other metrics.

Select Listed IPO for Comparison:
Basis
Popular Vehicles IPO
vs
vs
vs

IPO Date
19th Mar 2024


IPO Size
₹ 601.55 Cr.

Total Assets
₹ 1,941.77 Cr.

Revenue
₹ 1,352.38 Cr.

PAT
₹ 111.30 Cr.

PAT Margin
8.23 %

Leverage Ratio
2.21 x

PE Multiple
26.22 x

EV/EBITDA
15.19 x

Notes:
1) All the above data is at the time of IPO
2) Revenue and Pat is taken on annualised basis

IPO Performance Report of Automobile Sector

This IPO report captures the post-listing performance of IPOs in the Automobile sector, featuring key metrics like offer price, listing gain, and CMP to help investors assess return potential and sector sentiment.

NAME OFFER PRICE LISTING PRICE LISTING GAIN CMP CMP %
Ather Energy IPO
Financial Report >>
₹ 321.00 ₹ 326.05 1.57% ₹ 639 99%
Hyundai Motor IPO
Financial Report >>
₹ 1,960.00 ₹ 1,820.40 -7.12% ₹ 2,474 26%
Kross Limited IPO
Financial Report >>
₹ 240.00 ₹ 259.50 8.13% ₹ 191 -21%
Ola Electric IPO
Financial Report >>
₹ 76.00 ₹ 91.18 19.97% ₹ 51 -33%
Popular Vehicles IPO
Financial Report >>
₹ 295.00 ₹ 276.25 -6.36% ₹ 148 -50%
Happy Forgings IPO
Financial Report >>
₹ 850.00 ₹ 1,029.80 21.15% ₹ 945 11%
ASK Automotive IPO
Financial Report >>
₹ 282.00 ₹ 310.20 10.00% ₹ 499 77%
Landmark Cars IPO
Financial Report >>
₹ 506.00 ₹ 460.05 -9.08% ₹ 596 18%
Rolex Rings IPO
Financial Report >>
₹ 900.00 ₹ 1,166.55 1166.55% ₹ 1,311 46%
Sona BLW IPO
Financial Report >>
₹ 291.00 ₹ 362.85 362.85% ₹ 405 39%
Craftsman Automation IPO
Financial Report >>
₹ 1,490.00 ₹ 1,433.00 1433.00% ₹ 6,634 345%
Sanghvi Forging IPO
Financial Report >>
₹ 85.00 ₹ 111.75 31.47% [●] 0.00%
Commercial Engineers IPO
Financial Report >>
₹ 127.00 ₹ 112.25 112.25% ₹ 337 165%
Porwal Auto IPO
Financial Report >>
₹ 75.00 ₹ 79.65 79.65% ₹ 59 -21%
Hilton Metal IPO
Financial Report >>
₹ 70.00 ₹ 67.60 -3.43% ₹ 44 -38%
Autoline Industries IPO
Financial Report >>
₹ 225.00 ₹ 257.95 257.95% ₹ 72 -68%
Lumax Auto IPO
Financial Report >>
₹ 75.00 ₹ 110.60 47.47% ₹ 1,234 8126%
Fiem Industries IPO
Financial Report >>
₹ 137.00 ₹ 121.75 121.75% ₹ 1,907 1292%

Sector wise IPO Performance Report Available >>

Popular Vehicles & Services IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

FAQs of Popular Vehicles IPO

Who are the peers of Popular Vehicles & Services IPO

The peers of Popular Vehicles & Services , include other listed companies operating in the (Automobile) segment.
See the complete list of current IPO

What is Peer Comparison in IPO Analysis?

Peer Comparison is the method of evaluating an entity by comparing its performance, size of business form other entities operating in same industry or sector. It involves financial analysis by comparing key financial metrics like Profitability, Net worth, Market Capitalization and Leverage IPO Performance tracker

Why Peer Comparison is important for IPO Review?

Peer comparison helps to identify companies in the same sector with a similar business. It helps to compare the financial performance and valuation against its listed peers. An investor or an analyst can decide whether the IPO price is justified when compared to its peers. An investor can make informed decision whether to apply to IPO or not on basis of peer comparison. Know the process of DRHP and Peer companies Information required to be disclosed in DRHP.

As of now 18 IPOs are listed in this sector indicating strong growth in this sector. Choosing the best IPO depends on factors like, financial performance, valuation, market trends and future growth plans. IPO Review and performance.

What is a good PE ratio for an Automobile company?

A good PE Ratio for Automobile sector depends on various factors like, performance of the company, market conditions, company valuation and IPO Size. PE Ratio varies from sector to sector and company to company. Know the average PE Multiple in each sector.

How many companies are listed in the Automobile sector?

Currently 18 companies are listed under Automobile sector. Based on the latest data from the Stock Exchanges. Choose the Best Merchant Banker from the Merchant Banker List

Is Popular Vehicles & Services IPO good in comparison with its competitors?

Performance of companies depends on various factors like, profits, future plans, Market share, PE Ratio etc. By assessing these factors investor can make better investment decisions.Popular Vehicles & Services Peer comparison provides IPO analysis of companies listed in this sector, on the basis of different Key performance indicators (KPI)like, Listing Gain of peers, current market price, PE Ratio and IPO Size.

Which are the Upcoming IPO in the Automobile sector?

Upcoming IPO refers to companies which have filed their DRHP with the Stock exchange and are awaiting approval from NSE or BSE 3 companies have filed their DRHP for IPO under Automobile sector. .New IPO 2025-2026 and Upcoming IPO

How to calculate the PE multiple based on your sector?

PE Multiple is a metrics that is widely used for IPO Valuation. Merchant bankers in coordination with the company decides the PE Multiple.The PE Multiple depends on various factors and it should be analyzed in coordination with other financial metrics. Know the PE ratio of your company with PE Calculator provided by IPOplatform

Explore Other DRHPs

Ather Energy Limited

  Automobile

  Bangalore


Hyundai Motor India Limited

  Automobile

  Chennai


Kross Limited

  Automobile - Forging and Casting

  Jamshedpur


Ola Electric Mobility Limited

  Automobile

  Bangalore


Popular Vehicles & Services Limited

  Automobile

  Ernakulam


Read more details of this IPO

Peer Companies Of This Sector

FAQs

Popular Vehicles & Services operates in Automobile and Automobile Dealership And Servicing Segment. The Issue is listed on BSE,NSE in Mar, 2024. Popular Vehicles & Services IPO size was 601.55 with Issue price of 295.00 .

Merchant Banker(s) of Popular Vehicles & Services IPO: ICICI Securities Limited , Nuvama Wealth Management Limited

Popular Vehicles & Services IPO subscription was 1.25 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Popular Vehicles & Services IPO listed at a listing price of 276.25 against the offer price of 295.00.

The current market price of Popular Vehicles & Services is 148.18.

Services

IPO Advisory
IPO Advisory
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IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

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