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Popular Vehicles & Services’ arm receives LoIs for setting up Ather facilities in Bangalore

09 Aug 2025 Evaluate

Popular Vehicles & Services’ 100% subsidiary--Kuttukaran Cars has received two Letters of Intent (LoIs) for setting up Ather facilities in Bangalore. This expansion signifies the company’s entry into a new state with Ather. Karnataka will be the fourth state in this growing network. The facilities will be spread across two locations--one dedicated to an Experience Centre, and the other accommodating the Experience Centre, Service Centre, and warehouse. 

The service centre will feature 5 bays, with the capacity to service around 550 vehicles per month. Operations are expected to commence by the second week of September this year. The total investment for setting up these facilities is estimated at around Rs 1.2 crore.

Popular Vehicles & Services is engaged in the business of automobile dealerships in India. It provides complete services throughout the life cycle of vehicle ownership, including sales of new and preowned vehicles, servicing, spare parts distribution, driving schools, and third-party financial and insurance product sales.


Popular Vehicles Share Price

99.98 -0.63 (-0.63%)
15-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Popular Vehicles 99.98
Competent Auto 377.70
Landmark Cars 442.00
CarTrade Tech 1785.40
Resourceful Auto. 42.60
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