Popular Vehicles & Services Ltd Company background
Founded in: 1983
Managing director: Naveen Philip
Popular Vehicles Services Limited was originally incorporated as Popular Vehicles and Services Limited on July 5, 1983 at Kochi, Kerala, as a Public Limited Company. The Company converted to a Private Limited Company pursuant to a special resolution of Shareholders at the Extraordinary General Meeting (EGM) held on December 29, 2014 and the name changed to Popular Vehicles and Services Private Limited vide a fresh Certificate of Incorporation issued on March 24, 2015 by the RoC, Kerala at Ernakulam. Thereafter, the Company was subsequently got converted into a Public Limited and its name was changed to Popular Vehicles and Services Limited vide Certificate of incorporation consequent upon conversion issued on July 10, 2018 by the RoC. The Company is engaged in the business of sale and service of automobiles, spare parts and accessories, finance and insurance products. Headquartered in Kochi, India, the Company has operations in Kerala and Tamil Nadu. It is a leading diversified automotive dealership in India in terms of revenue, with a presence across the automotive retail value chain. It operate passenger vehicle dealerships of Maruti Suzuki India Limited, Honda Cars India Limited and Jaguar Land Rover India Limited and the commercial vehicle dealership of Tata Motors Limited. It classified business into four key segments, namely passenger cars, luxury vehicles and commercial vehicles. In 1984, Company started automobile dealership business and established their first Maruti Suzuki showroom in Trivandrum, Kerala the Popular Motors dealership in Chennai, Tamil Nadu, for Maruti Suzuki passenger vehicles in 2002 and later on in 2015, the business in spare parts distribution. In 2016, the dealership with Bharat Benz, for cars manufactured under the brand Bharat Benz, was operational by Subsidiary, Kuttukaran Cars Private Limited (KCPL), formerly known as Prabal Motors Private Limited, which got demerged into Prabal Motors Private Limited, pursuant to a Scheme of Arrangement made by the High Court of Judicature at Ernakulam, dated March 31, 2016. The Appointed date for the Scheme was April 1, 2016. Pursuant to this Scheme, all the business undertakings of KCPL in relation to the dealership with Bharat Benz were transferred to and vested in Prabal Motors.As of March 31, 2021, Company operated through a network of 59 showrooms, 99 sales outlets and booking offices, 83 authorised service centres, 29 retail outlets, and 25 warehouses in Kerala, Chennai and Tamil Nadu. The JLR dealership, through luxury segment, was functional under Marqland brand through 3 showrooms and 3 service centres in Karnataka in March, 2021. The Company thereafter, got into the business of electric vehicle in 2021. The Company is planning to come out with an initial public offer by raising capital of Rs 150 crore Equity Shares through fresh issue and issuing 4,266,666 Equity Shares through Offer for Sale.
What is the current share price of Popular Vehicles & Services Ltd today on both NSE and BSE?
Popular Vehicles & Services Ltd shares are currently priced at 235.15 on NSE and 235.1 on BSE as of 4/25/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.
How has Popular Vehicles & Services Ltd [PVSL] shares performed in the past ?
The past 1-year return of Popular Vehicles & Services Ltd [PVSL] share was 0. The Popular Vehicles & Services Ltd [PVSL] share hit a 1-year low of Rs. 233.05 and a 1-year high of Rs. 296.55.
What is the market cap of Popular Vehicles & Services Ltd [PVSL] ?
The market cap of Popular Vehicles & Services Ltd is Rs. 1674.23 Cr. as of 4/25/2024 12:00:00 AM.
What is the current P/E ratio of Popular Vehicles & Services Ltd [PVSL] share price ?
The PE ratios of Popular Vehicles & Services Ltd is 75.59 as of 4/25/2024 12:00:00 AM.
What is the current PB ratio of Popular Vehicles & Services Ltd [PVSL] share price ?
The PB ratios of Popular Vehicles & Services Ltd is 3.46 as of 4/25/2024 12:00:00 AM
What is the Mutual Fund shareholding in Popular Vehicles & Services Ltd?
The Mutual Fund Shareholding was 9.49% at the end of 4/25/2024 12:00:00 AM.
How can I buy Popular Vehicles & Services Ltd shares?
You can easily buy Popular Vehicles & Services Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.