March 12, 2024 - March 14, 2024

Popular Vehicles & Services IPO Review & Recommendations

BP Equities (BP Wealth), Canara Bank Securities Ltd, Dilip Davda and Ventura Securities Limited have given "Apply" recommendation to Popular Vehicles & Services IPO. Sushil Finance Ltd and Swastika Investmart Ltd have given "May Apply" recommendation to Popular Vehicles & Services IPO. Capital Market has "Neutral" view about the IPO.

Popular Vehicles & Services IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	4	2	1	0	0
%	57.14	28.57	14.29	0.00	0.00

Popular Vehicles & Services IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
BP Equities (BP Wealth)	Apply
Canara Bank Securities Ltd	Apply
Capital Market	Neutral
Dilip Davda	Apply
Sushil Finance Ltd	May Apply
Swastika Investmart Ltd	May Apply
Ventura Securities Limited	Apply

Popular Vehicles & Services IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for Popular Vehicles & Services IPO is 42. Their analysis recommends Avoid, however active risk seekers can try for the IPO.

Reviewer	Rating Score	Rating
Capital Market	42	Avoid, however active risk seekers can try

Popular Vehicles & Services IPO Review by Dilip Davda (Apply)

[Dilip Davda] Though the company has presence in four states, it has over 400 touch points and that makes it the leader in the segment with a partnership with a front running Indian player Maruti. The company will continue to shift its product mix to improve its bottom lines. Based on FY24 annualized earnings, though the issue appears fully priced, it is worth considering for the medium to long term rewards. Read detail review...

Popular Vehicles & Services IPO Peer Comparison

Popular Vehicles & Services Limited peer comparison with similar listed entities. (As on March 31, 2023)

Company Name	EPS (Basic)	EPS (Diluted)	NAV (per share) (Rs)	P/E (x)	RoNW (%)	Financial statements
Popular Vehicles & Services Limited	10.22	10.22	54.69		18.68	Consolidated
Landmark Cars Limited	22.56	21.74	118.55	34.84	18.04	Consolidated

Notes:

Financial information for Popular Vehicles & Services Limited is derived from the Restated Financial Statements as at and for the financial year ended March 31, 2023.
All the financial information for listed industry peer mentioned above is on a consolidated basis and is sourced from the annual audited financial results of the company for the year ended March 31, 2023.

Notes for Listed Peers:

Basic EPS and Diluted EPS refer to the Basic EPS and Diluted EPS sourced from the financial statements of the respective company.
P/E Ratio has been computed based on the closing market price of equity shares on BSE on September 25, 2023 divided by the Diluted EPS provided.
Return on Net worth is computed as profit for the year divided by Total Net worth, as at March 31, 2023.

Popular Vehicles & Services IPO Review by Members

Popular Vehicles & Services IPO Reviews, analysis and views by popular members. Read Popular Vehicles & Services Limited IPO reviews by retail investors to find recommended ipo to buy.

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Popular Vehicles & Services IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	0	0	0	1
%	0.00	0.00	0.00	100.00

Member	Review
Dhanvantri	Avoid As hundreds cases pending against company no competition with LandMark Cars Dbt Equity higher AVOID March 10, 2024 5:39:44 PM

Member

Review

Dhanvantri

Avoid

As hundreds cases pending against company no competition with LandMark Cars Dbt Equity higher AVOID

March 10, 2024 5:39:44 PM

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