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PRUDENT CORPORATE ADVISORY SERVICES LTD. IPO: All You Need To Know

PRUDENT CORPORATE ADVISORY SERVICES LTD. IPO was launched on 10-May-22. Here is all you need to know about this IPO.

Prudent Corporate was founded by Mr Sanjay Shah in 2000. Today this Mutual Fund Distribution (MFD) company is on the list of top 10 MFDs in terms of assets under management and commission received. Along with mutual funds services, it provides services related to Insurance, Equities, Bonds, Portfolio Management, Alternative Investment Fund, Fixed Income Products, Properties, and Loan Products.

PRUDENT CORPORATE ADVISORY SERVICES LTD. IPO Details
Issue Opening Date 10-May-22
Issue Closing Date 12-May-22
Issue Type ONLY OFFERS FOR SALE
Issue Size (INR bn) 4.3
Fresh Issue (No.of shares) -
Offer for Sale (No.of shares) 6,808,820
Face Value (INR) 5.00
IPO Price Band (INR) 595 to 630
Market Lot (No.of shares) 23
Min Order Quantity 23
Listing At BSE / NSE
Pricing Method BOOKBUILDING
Year of Incorporation 2003
Industry FINANCIAL SERVICES/INVESTMENTS
Total Issue Size (No.of shares) 6,808,820
Objects Of Issue COMPANY WILL NOT RECEIVE ANY PROCEEDS FROM THE OFFER
Registrar Details LINK INTIME INDIA PVT.LTD.
PRUDENT CORPORATE ADVISORY SERVICES LTD. IPO Timetable
Bid/Offer Launch Date 10-May-22
Bid/Offer Close Date 12-May-22
Basis of Allotment Finalization Date -
Initiation of Refunds -
Credit of Shares to Demat Account -
Listing Date 20-May-22
PRUDENT CORPORATE ADVISORY SERVICES LTD. IPO Shares Offered
Category Shares Offered
QIB 4,217,752
HNI 1,265,326
Retail 2,952,427
Employee 113,835
Others -
Total 6,808,820
PRUDENT CORPORATE ADVISORY SERVICES LTD. IPO Promoter Holding
Pre Issue Share Holding 57%
Post Issue Share Holding 57%
PRUDENT CORPORATE ADVISORY SERVICES LTD. Overall Subscription details (Times subscribed)
Category Subscription Status
QIB 1.57
HNI 0.74
Retail 0.37
Employee 1.01
Others -
Total 1.03
PRUDENT CORPORATE ADVISORY SERVICES LTD. Date wise Subscription
Date QIB HNI Retail Employee Mutual Funds Others Total
Day 1 (10-May-22) - 0.02 0.72 0.35 - - 0.55
Day 2 (11-May-22) - 0.19 1.05 0.67 - - 0.69
Day 3 (12-May-22) 0.16 0.99 1.29 1.23 22.11 - 1.15
PRUDENT CORPORATE ADVISORY SERVICES LTD. Financials
Year Ending 31-Mar-19 31-Mar-20 31-Mar-21
Total Income (Rs m) 2,054.70 1,997.70 2,483.10
Total Expenditure (Rs m) 1,711.20 1,701.60 2,063.70
Net Profit After Tax (Rs m) 257.00 218.50 257.00
Company Address PRUDENT HOUSE, 3,DEVANG PARK SOCIETY,PANJARAPOLE CROSS ROAD, AMBAWADI, AHMEDABAD 380015, GUJARAT
PRUDENT CORPORATE ADVISORY SERVICES LTD. IPO Prospectus
DRHP
RHP

Current & Recent IPOs  |  Upcoming IPOs  |  Performance of IPOs

Data Sourced from:

primedatabase.com is India's first and still the only database dedicated to the primary capital market. Started in 1989, Prime
continues to be the single source of comprehensive information on all capital market offerings.


Have A Question On PRUDENT CORPORATE ADVISORY SERVICES LTD. IPO?

When PRUDENT CORPORATE ADVISORY SERVICES LTD. IPO will open?

Below is the schedule for the same:

PRUDENT CORPORATE ADVISORY SERVICES LTD. IPO

IPO opens on: 10-May-22

IPO closes on: 12-May-22

What is the lot size of PRUDENT CORPORATE ADVISORY SERVICES LTD. IPO?

The lot size of PRUDENT CORPORATE ADVISORY SERVICES LTD. IPO is 23 shares. Investors will need to apply for a minimum order of 23 shares and in multiples thereof.

How to apply for PRUDENT CORPORATE ADVISORY SERVICES LTD. IPO?

An investor can apply in PRUDENT CORPORATE ADVISORY SERVICES LTD. IPO online using either UPI or Application Supported by Blocked Amount (ASBA) as payment method.

While ASBA IPO application is available in the net banking section, UPI IPO application is offered by brokers who don't offer banking services.

When is PRUDENT CORPORATE ADVISORY SERVICES LTD. IPO allotment?

The tentative finalization of basis of allotment for PRUDENT CORPORATE ADVISORY SERVICES LTD. IPO will be done on -, and the allotted shares will be credited to your demat account by -.

When is PRUDENT CORPORATE ADVISORY SERVICES LTD. IPO listing date?

The tentative listing date of PRUDENT CORPORATE ADVISORY SERVICES LTD. IPO is scheduled for 20-May-22.

Where are the PRUDENT CORPORATE ADVISORY SERVICES LTD. shares supposed to be listed?

Shares of PRUDENT CORPORATE ADVISORY SERVICES LTD. are expected to list on BSE / NSE.

What is Face value of PRUDENT CORPORATE ADVISORY SERVICES LTD. IPO?

At present, one share of PRUDENT CORPORATE ADVISORY SERVICES LTD. has a face value of Rs 5.00.

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PLEASE NOTE:
The information in the web site has been compiled from sources we believe to to be reliable, but we do not hold ourselves responsible for its completeness or accuracy. This is not an offer to sell or a solicitation to buy any securities. Investors are advised to read the offer document before making an investment decision.