Popular Foundations IPO Allotment Status Online: Popular Foundations IPO is Open on 13 September 2024 and Close on 19 September 2024. Popular Foundations IPO to Raise 5,370,000 shares (Approx ₹19.87 Cr) via IPO. The Fresh Issue is 5,370,000 shares (Approx ₹19.87 Cr).
- The Retail Quota is 50%
- QIB is -%
- NII is 50%
Popular Foundations IPO Basis of Allotment Status on 20 September 2024. Popular Foundations IPO Refund Date is 23 September 2024 and Popular Foundations IPO Credit to Demat on 23 September 2024.
Also Read: Popular Foundations IPO GMP, Review, Price, Date & IPO Details
Popular Foundations Allotment Link Online
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Moneymintidea | IPO Allotment Status Link |
About –
Popular Foundations with over 25 years of experience, specializes in Engineering and Construction Activities, providing comprehensive end-to-end solutions in the construction sector. The company is dedicated to building practices catering to various verticals such as factories, educational institutions, commercial, and residential projects. However, it strategically directs its focus towards non-residential and non-governmenta projects in the realm of civil construction in and around Chennai.
Equipped with expertise in Engineering, Architecture, and interior and exterior fit-outs, Popular Foundations has gained recognition among numerous educational institutions, industries, and commercial establishments in Tamilnadu. The company has successfully undertaken projects in Pondicherry, Tanjore, Bangalore, Trichy, Madurai, Vizhuppuram, Coimbatore besides Chennai.
Its reputation is built on continued customer patronage, goodwill, and a commitment to delivering high-quality construction solutions. Popular Foundations employs a meticulous approach to securing projects, primarily relying on tenders as a key sourcing method. Tenders are floated through Architects/PMC, prompting interested bidders to submit their proposals. Rigorous scrutiny follows, leading to the selection of the successful bidder.
The company’s brand image and extensive experience play pivotal roles in its success. Notably, Popular Foundations excels in obtaining contracts within the institutional and hospitality sectors, showcasing a robust track record of quality and reliability. The company’s ability to secure repeat orders from institutional clients underscores its significant strength in client retention and project acquisition.