Prudent Corporate IPO

Prudent Corporate IPO
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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We recommend investors check Retail and HNI numbers before investing in IPO. Investors may apply for this IPO with risk. You can also check IPO Allotment Status from this page.

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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)

CategoryDay 1Day 2Day 3
QIB0.000.001.26
NII0.020.190.99
Retail0.721.051.28
Employee0.350.671.22
Total0.360.571.21

Prudent Corporate IPO GMP Live Rates day by day with Kotak rates.

DateGMPKostakSubject 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)

YearIncomeExpensePAT
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 Holding56.78%
Post Issue Share Holding56.78%

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.

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