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Popular Vehicles & Services Ltd

NSE: PVSL BSE: 544144

93.65

(-1.17%)

Thu, 19 Mar 2026, 08:23 am

Company 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

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800