| Issue Date | 10 May 2022 - 12 May 2022 |
| Issue Size | ₹538.61 Cr |
| Issue Price | ₹595-630 |
| Market Lot | 23 Shares |
| Shares on Offer | 8,549,340 |
| Registrar | Link Intime |
| GMP | ₹22-25 |
| Kostak | ₹350 |
| Subject to Sauda | ₹450 |
| Listing Date | 23 May 2022 |
| Listing Price | N/A |
| Listing Gain% | N/A |
Started in 2000, today Prudent is one of India's fastest growing financial services Group. We commenced operations at the turn of millennium, with mutual fund distribution. We sensed the potential and under penetration of mutual funds, which laid the foundation of Prudent Group. Since then we have expanded to offer financial services and products such as Mutual Funds, Insurance, Equities, Bonds, PMS-AIF, Fixed Income Products, Properties and Loan Products.
They deliver comprehensive and bespoke financial services to Individuals, Corporate, HNIs and UHNIs matching their investment aspirations and risk appetite through our team of 980+ highly skilled professionals & 17400+ well trained & qualified channel partners. Over a period of time, our market dominance has earned us not only trust and confidence but many accolades. We are present across India through our 105 branches over 20 states with our strong digital presence.
Sanjay Shah is the company promoter.
| Particulars | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 |
|---|---|---|---|
| Total Assets (In ₹ Millions) | 2,849.30 | 1,960.75 | 1,932.15 |
| Total Revenue (In ₹ Millions) | 2,948.96 | 2,362.20 | 2,250.58 |
| Profit After Tax (PAT) (In ₹ Millions) | 452.97 | 278.53 | 210.19 |
| Date | GMP | Kostak | Subject to Sauda |
|---|---|---|---|
| 13 May 2022 | ₹22-25 | ₹350 | ₹450 |
| Strength |
|---|
| Weakness |
|---|
| Date & Time | QIB | NII | RII | Total |
|---|---|---|---|---|
| Day 1 - 10 May 2022 | 0.00 | 0.02 | 0.72 | 0.36 |
| Day 2 - 11 May 2022 | 0.00 | 0.19 | 1.05 | 0.57 |
| Day 3 - 12 May 2022 | 1.26 | 0.99 | 1.29 | 1.22 |
Please click the link below to check the IPO allotment status.
IPO Allotment StatusPrudent Corporate Advisory Services Limited IPO will open on 10 May 2022 and close on 12 May 2022.
Prudent Corporate Advisory Services Limited IPO will list on 23 May 2022.
The offer price of Prudent Corporate Advisory Services Limited IPO is ₹595-630.
The lot size of Prudent Corporate Advisory Services Limited IPO is 23.
The Grey Market Premium (GMP) price of Prudent Corporate Advisory Services Limited IPO is ₹22-25.
The Kostak price of Prudent Corporate Advisory Services Limited IPO is ₹350.
The Subject to Sauda price for Prudent Corporate Advisory Services Limited IPO is ₹450.
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