Prudent Corporate Advisory Services Limited

Prudent Corporate Advisory Services Limited

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₹14,490(23 Shares)

Minimum Investment

IPO Dates

May 10, 2022 – May 12, 2022

Price Band

₹595–630 per equity share

Lot Size

23

Listing

May 20, 2022

Listing At

BSE, NSE

May 10, 2022Open DateCompleted
May 12, 2022Close DateCompleted
TBAAllotment DateUpcoming
May 20, 2022Listing DateCompleted

Prudent Corporate Advisory Services Limited Live Subscription Details

All IPOs
QIB1.26x
Retail1.29x
Employee1.23x
NIIs
0.99x

Overall Subscription

Total Bids Received

1.22x

Prudent Corporate Advisory Services Limited IPO Issue Details

Issue Price
595-630 Per Equity Share
Face Value
₹5 Per Equity Share
Listing At
BSE, NSE
Listing Date
May 20, 2022

Company Information

Incorporated in 2003, Prudent Corporate Advisory Services Limited provides retail wealth management services. The company offers Mutual Fund products, Life and General Insurance solutions, Stock Broki...

Valuations

RoNW

28.73%

Financial Information (₹ in Crores)

MetricFY 21FY 21FY 20FY 19
Total Assets387.34284.93196.07193.21
Total Revenue327.99294.89236.22225.05
Profit After Tax57.6245.2927.8521.01
Net Worth

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1The company will not receive any proceeds from the Offer and all such proceeds will go to the Selling Shareholders.

Prudent Corporate Advisory Services Limited – Promoter(s)

Sanjay Shah

Contact Details

Prudent Corporate Advisory Services Limited IPO Documents

Frequently Asked Questions — Prudent Corporate Advisory Services Limited IPO

The Prudent Corporate Advisory Services Limited IPO price band is set at ₹595.00 to ₹630.00 per equity share.

The lot size for Prudent Corporate Advisory Services Limited IPO is 23 shares per lot. The minimum investment amount is approximately ₹14,490.

The Prudent Corporate Advisory Services Limited IPO opens on May 10, 2022 and closes on May 12, 2022.

Prudent Corporate Advisory Services Limited IPO is expected to be listed on May 20, 2022 on BSE, NSE.

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