Popular Vehicles & Services Ltd
NSE: PVSL BSE: 544144
₹97.54
(2.39%)
Sun, 31 May 2026, 06:06 pm
Market Cap6.96B
PE Ratio0
Dividend0
Retail Trade
Specialty Stores
24.5KCompany History
1983
- Our Company was originally incorporated as Popular Vehicles and Services Limited on July 5, 1983
- Our Company received its certificate for commencement of business on July 14, 1983
1984
- Our Company commenced automobile dealership business with setting up their first Maruti Suzuki showroom in Trivandrum, Kerala
1997
- Our Subsidiary, PMMIL commenced its first dealership in Kerala for Tata commercial vehicles
2002
- Our Company commenced the ‘Popular Motors’ dealership in Chennai, Tamil Nadu, for Maruti Suzuki passenger vehicles
2005
- Our Subsidiary, PADL commenced spare parts distribution business in Kerala
2006
- Our Subsidiary, PMMIL commenced the ‘Popular Motors’ dealership in Tamil Nadu for Tata Motors (Commercial) commercial vehicles
2008
- Our step-down Subsidiary, VMPL commenced our ‘Vision Motors’ dealership in Kottayam, Kerala for Honda passenger vehicles
2014
- Our Company was converted to a private limited company pursuant to a special resolution passed by our Shareholders at the EGM held on December 29, 2014
2015
- A fresh certificate of incorporation consequent upon conversion of our Company to a private limited company was issued on March 24, 2015 by the RoC
- Investment by BanyanTree in our Company
2018
- Our Company was converted into a public limited company pursuant to a special resolution passed by our Shareholders at the EGM held on June 11, 2018
- The name of our Company was changed to Popular Vehicles and Services Limited
- A fresh certificate of incorporation consequent upon conversion of our Company to a public limited company was issued on July 10, 2018 by the RoC
2021
- Our Subsidiary, KGPL, entered into a dealership agreement with Piaggio Vehicles Private Limited to operate dealerships for three-wheeler electric vehicles in Ernakulam
- Our Subsidiary, KCPL, entered into a letter of intent with Ather Energy Private Limited to operate the two-wheeler electric vehicles dealership in Trivandrum
2022
- Our Subsidiary KCPL entered into a letter of intent with Ather Energy Private Limited to operate the two-wheeler electric vehicles dealership in Nagercoil, Tamil Nadu
2023
- Our step-down Subsidiary PMPL entered into a slump sale agreement to acquire BharatBenz dealership business in Maharashtra
- Our Company received an in-principle approval for Maruti Suzuki dealership (Arena Channel) at Bangalore, Karnataka