Prudent Corporate Advisory Services IPO details (10 – 12 May), (Price ₹595 to ₹630)
Listing date and Listing Price of Prudent Corporate Advisory Services IPO:
- Prudent Corporate Advisory Services IPO listed on BSE and NSE exchanges on – Click Here
- Listing Price of Prudent Corporate Advisory Services IPO on NSE – Click Here
- Listing Price of Prudent Corporate Advisory Services IPO on BSE – Click Here
Grey Market premium (GMP) price of Prudent Corporate Advisory Services IPO :
Grey Market premium (GMP) price of Prudent Corporate Advisory Services IPO is ₹__. Grey Market premium (GMP) of Prudent Corporate Advisory Services IPO means, unofficially if someone buys or sells his application at a fixed rate irrespective of listing price. Check latest GMP of all IPOs.
Prudent Corporate Advisory Services IPO Allotment link status on Link Intime:
- Check the allotment status of Prudent Corporate Advisory Services IPO on the below link given by Link Intime.
- Prudent Corporate Advisory Services IPO Allotment Link – https://linkintime.co.in/MIPO/Ipoallotment.html
Prudent Corporate Advisory Services IPO Allotment link status on Link Intime can be checked by Application No or DP Client ID or PAN.
Prudent Corporate Advisory Services IPO subscription status details:
| QIB (Qualified Institl. Bidders) | NIB (Non-institutional Investor) | RII (Retail Individual Investor) | Employee category | Total No. of times applied | |
| No. of shares offered | |||||
| Day 1 | |||||
| Day 2 | |||||
| Day 3 |
Prudent Corporate Advisory Services IPO highlights:
| Prudent Corporate Advisory Services IPO bid Opens on | 10 May 2022 |
| Prudent Corporate Advisory Services IPO bid Closes on | 12 May 2022 |
| Post issue Modification Period | 13 May 2022 (10.00 A.M. to 11.00 A.M.) |
| Cut-off time for UPI Mandate Confirmation | 13 May 2022 (upto 12:00 PM) |
| Issue type | 100% Book Building |
| Prudent Corporate Advisory Services IPO issue size | ₹ 538.61 Cr |
| Face value of each equity share | Rs. 5 |
| Prudent Corporate Advisory Services IPO Price band | Rs 595 to Rs 630 per share |
| Prudent Corporate Advisory Services IPO market lot | 23 equity shares and multiples of 23 |
| Prudent Corporate Advisory Services IPO minimum order quantity | 23 equity shares |
| Pre IPO equity share of promoters of Prudent Corporate Advisory Services | __ % |
| Post IPO paid-up equity share of promoters of Prudent Corporate Advisory Services | __ % |
| QIB portion reservation in Prudent Corporate Advisory Services IPO | 50 % |
| NIB portion reservation in Prudent Corporate Advisory Services IPO | 15 % |
| Retail portion reservation in Prudent Corporate Advisory Services IPO | 35 % |
| Retail individual bidder can apply in Prudent Corporate Advisory Services IPO | up to 2 lakh (200,000) |
| Retail individual discount in Prudent Corporate Advisory Services IPO | NA |
| Employees can apply in Prudent Corporate Advisory Services IPO | up to 5 lakh (500,000) |
| Employees Reservation in Prudent Corporate Advisory Services IPO | NA |
| Employees Discount in Prudent Corporate Advisory Services IPO | Rs. 59 per equity share |
| Listing of Prudent Corporate Advisory Services at Exchanges | NSE, BSE |
| Fund raised from Anchor Investors in Pre-IPO of Prudent Corporate Advisory Services | NA |
| Registrar of Prudent Corporate Advisory Services IPO issue | Link Intime India Private Limited |
Prudent Corporate Advisory Services IPO important dates regarding bidding, allotment, listing, refund etc. :
The probable dates regarding bidding, allotment, listing, refund of Prudent Corporate Advisory Services IPO are mentioned below.
| Prudent Corporate Advisory Services IPO opens on | 10.05.2022 |
| Prudent Corporate Advisory Services IPO Closes on | 12.05.2022 |
| Allotment basis date of Prudent Corporate Advisory Services IPO | 18.05.2022 |
| Money refund date of Prudent Corporate Advisory Services IPO | 19.05.2022 |
| Shares of Prudent Corporate Advisory Services in Demat Account | 20.05.2022 |
| Prudent Corporate Advisory Services IPO listing date on NSE, BSE | 23.05.2022 |
How much shares of Prudent Corporate Advisory Services IPO are being offered?
| Type of Issue (Fresh / OFS) | No. of Equity shares offered | Amount of Equity shares |
| Total Issue size | ₹ 538.61 Crore | |
| Fresh Issue size | – | ₹ 0 Crore |
| Offer for Sale (OFS) | – | ₹ 538.61 Crore |
| Employee Reservation | – | – |
IPO Red Herring Prospectus (RHP) of Prudent Corporate Advisory Services:
Click here for IPO RHP of Prudent Corporate Advisory Services on SEBI website.
Objectives of the Prudent Corporate Advisory Services IPO Issue: (Source – RHP)
OFS – Offer for Sale only.
Business of Prudent Corporate Advisory Services: (Source – RHP)
We are an independent retail wealth management services group in India and are amongst the top mutual fund distributors in terms of average assets under management (“AAUM”) and commission received (Source: CRISIL Report). We offer a technology enabled, comprehensive investment and financial services platform with end-to-end solutions critical for financial products distribution and presence across both online and offline channels. We grew faster among national distributors (amongst the top 10 mutual fund distributors) in terms of commission and AAUM with a CAGR of 34.4% and 32.5% respectively for the five year period ending Fiscal 2021 (Source: CRISIL Report). We believe we have become an important interface between asset management companies (“AMCs”) and mutual fund distributors or independent financial advisors (“MFDs”) (and by extension, retail investors who avail services from such MFDs), over the last two decades. We are an independent platform with no single AMC contributing more than 15% of our AUM as of December 31, 2021.
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