Prudent Corporate IPO
Prudent Corporate IPO: Prudent Corporate started in 2000, Prudent is one of India’s fastest-growing financial services groups. The company has a team of 980+ highly skilled professionals and 17400+ well-trained & qualified channel partners. The company is present across India through its 105 branches in over 20 states with our strong digital presence.
The company has built a nationwide network, servicing 16,356 PIN codes, 1,067 employees strength, 35.05 lakhs live folios and 15.25 lakhs live SIPs as of December 31, 2021. Prudent Corporate Advisory Services provides investment and financial services through online and offline channels.
Prudent Corporate Services: They offer financial services and products such as Bonds, Fixed Income Products, Mutual Funds, Equities, Gold Accumulation plans, Insurance, PMS-AIF, Stock Broking services, loans Products, and Properties. The company delivers its services to HNIs, Corporates, Individuals, and UHNIs matching their investment aspirations and risk appetite.
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Prudent Corporate IPO
Prudent Corporate IPO: Prudent Corporate is launching its Initial Public Offering (IPO) opening on 10 May and closing on 12 May 2022. This IPO of Approx 8,549,340 Equity Shares of the company with a face value of Rs. 5 each with a price band of ₹595 to ₹630 Per Share to raise Approx ₹538 Crores from the primary offering.
Prudent Corporate IPO Subscription Status (Live Update – Day 3)
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 1.26 |
| NII | 0.02 | 0.19 | 0.99 |
| Retail | 0.72 | 1.05 | 1.28 |
| Employee | 0.35 | 0.67 | 1.22 |
| Total | 0.36 | 0.57 | 1.21 |
Prudent Corporate IPO GMP Live Rates day by day with Kotak rates.
| Date | GMP | Kostak | Subject to |
| 12 May | ₹30 | ₹250 | ₹500 |
| 11 May | ₹25 | ₹250 | ₹500 |
| 10 May | ₹35 | ₹250 | ₹500 |
| 09 May | ₹30 | ₹250 | ₹500 |
| 07 May | ₹30 | ₹[.] | ₹500 |
| 06 May | ₹35 | ₹[.] | ₹500 |
| 05 May | ₹35 | ₹[.] | ₹[.] |
| 04 May | ₹[.] | ₹[.] | ₹[.] |
| 03 May | ₹[.] | ₹[.] | ₹[.] |
Prudent Corporate IPO Date & Price Band
You can find all the details as well as the price band of this IPO on this page. This IPO will open on 10 May 2022 and close on 12 May 2022.
| IPO Open: | 10 May 2022 |
| IPO Close: | 12 May 2022 |
| IPO Size: | Approx ₹538 Crores |
| Fresh Issue: | Approx ₹- Crores |
| Offer for Sale: | Approx 8,549,340 Equity Shares |
| Face Value: | ₹5 Per Equity Share |
| Price Band: | ₹595 to ₹630 Per Equity Share |
| Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Discount: | ₹59 Per Equity Share |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Prudent Corporate IPO Allotment, Listing & Important Dates
In this table, you will get a clear idea of When an IPO will open & close? allotment date and all important dates related to this IPO.
| Price Band Announcement: | 04 May 2022 |
| Anchor Investors Allotment: | 09 May 2022 |
| IPO Open Date: | 10 May 2022 |
| IPO Close Date: | 12 May 2022 |
| Basis of Allotment: | 18 May 2022 |
| Refunds: | 19 May 2022 |
| Credit to Demat Account: | 20 May 2022 |
| IPO Listing Date: | 23 May 2022 |
Prudent Corporate IPO Lot Size / Market Lot
| Minimum Lot Size: | Minimum 23 Shares for 1 lot |
| Minimum Amount: | ₹14,490 for 1 lot |
| Maximum Lot Size: | Maximum 299 Shares for 13 lot |
| Maximum Amount: | ₹188,370 for 13 lot |
Prudent Corporate Company Details & Financials
Here you will find detailed company analytics as well as financial reports. How well the company has performed in the last few years.
Prudent Corporate Company Address
Prudent Corporate Advisory Services Limited
Prudent House, 3 Devang Park Society
Panjarapole Cross Road, Ambawadi
Ahmedabad 380 015, Gujarat
Tel: +91 79 4020 9600
Contact Person: Dhavalkumar Ghetia
Company Secretary and Compliance Officer
E-mail: [email protected]
Website: www.prudentcorporate.com
Prudent Corporate Company Financial Reports ( ₹ in Crores)
| Year | Income | Expense | PAT |
| 2019 | ₹225 | ₹194 | ₹21.02 |
| 2020 | ₹236 | ₹199 | ₹27.85 |
| 2021 | ₹295 | ₹234 | ₹45.30 |
| 2022 6M | ₹- | ₹- | ₹- |
Prudent Corporate IPO Promoter Holding
| Pre Issue Share Holding | 56.78% |
| Post Issue Share Holding | 56.78% |
Prudent Corporate IPO Valuation – FY2021
| Earning Per Share (EPS): | ₹10.96 per Equity Share |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 28.73% |
| Net Asset Value (NAV): | ₹38.13 per Equity Share |
Prudent Corporate Company Promoter
- Sanjay Shah
Prudent Corporate IPO Registrar
Link Intime India Private Limited
C 101, 247 Park
L.B.S. Marg, Vikhroli (West),
Mumbai 400 083, Maharashtra
Tel: +91 22 4918 6200
E-mail: [email protected]
Investor grievance e-mail:
[email protected]
Website: www.linkintime.co.in
Prudent Corporate IPO Allotment Status
You can check the IPO Allotment Status Very Easily. Click Here and you can check the status from the N/A website.