Nuvama Wealth Management Limited acted as the Book Running Lead Manager (BRLM) to Popular Vehicles & Services, a major automotive dealership in India, distributing vehicles from various automobile manufacturers, in its IPO. Fully subscribed despite a 7.7% correction in small-cap stocks. Nuvama secured a 41% share in QIB within a three-bank syndicate and procured the largest LO FII bid.
Advised in the sale of
Popular Vehicles & Services
to