POPULAR FOUNDATIONS LIMITED

Popular Foundations is open for subscription from Friday, September 13, 2024, and closes on Wednesday, September 18, 2024. The price for this IPO is set at Rs 37 per share. Popular Foundations IPO is offering entirely a fresh issue of 53.70 lakh equity shares worth up to Rs 19.80 crore. The allotment for this new IPO is expected to be finalised on Thursday, September 19, 2024. The listing of this IPO will be done on Monday, September 23, 2024, at BSE SME segment. The minimum lot size set for the retail category is 1 lot, i.e., 3000 shares. For retail investors, the minimum and maximum investment amount required is Rs 111,000. However, for the HNI category, the minimum lot size is 2 lots, i.e., 6000 shares amounting to Rs 222,000. The IPO is managed by Srujan Alpha Capital Advisors LLP, which is the book-running lead manager of this public issue. The company has appointed Bigshare Services Private Limited as the registrar for the issue.