Prudent Corporate IPO Date, Review, Price, Allotment, Analysis Details

Written by on May 3, 2022

Prudent Corporate IPO date is fixed, The Prudent Corporate IPO is to open on May 10, 2022 and will close on May 12, 2022Prudent Corporate IPO to raise ₹[.] crores via IPO that comprises fresh issue of ₹[.] crores and offer for sale up to 8,281,340 equity shares of ₹5 each. The retail quota is 35% with QIB 50% and HNI 15%.

Prudent Corporate Advisory Services Ltd is a Leading Diversified Financial Services Group distributing a wide range of financial products and services over 2 decades. The company was started in 2000 and become one of India’s fastest-growing financial services groups. They offer financial services and products such as Mutual Funds, Insurance, Equities, Bonds, PMS-AIF, Fixed Income Products, Properties, and Loan Products. They offer their services to Individuals, Corporates, HNIs, and UHNIs matching their investment aspirations and risk appetite. They have a team of 980+ highly skilled professionals & 17400+ well-trained & qualified channel partners. They have a presence across India through our 105 branches in over 20 states with our strong digital presence. You can check Prudent Corporate IPO subscription status and Prudent Corporate IPO allotment status on their respective pages.

Prudent Corporate IPO Important Details:

  • One of India’s fastest-growing financial services groups.
  • One of the largest independent retail wealth management services groups in India.
  • In 2021, they distributed over 86000 policies, across life and non-life insurance segments.
  • They have 105 branches in over 20 states with our strong digital presence.
  • Prudent Corporate has 980+ highly skilled professionals & 17400+ well-trained & qualified channel partners.
  • They offer digital wealth management solutions through FundzBazar, PrudentConnect, Policyworld, WiseBasket, Prubazar, and CreditBasket.
  • OFS Details: Wagner Ltd, an entity of TA Associates, will sell 82,81,340 equity shares and Shirish Patel, whole-time director, and chief executive officer of Prudent, will sell up to 2,68,000 equity shares.
Prudent Corporate IPO Date, Review, Price, Allotment, Analysis Details

Prudent Corporate IPO Review

Brokerage Firm IPO Reviews

Prudent Corporate IPO Date & Price Band

 IPO Open:  May 10, 2022
 IPO Close:  May 12, 2022
 IPO Size:  Approx ₹[.] Crores
 Fresh Issue:  Approx ₹[.] Crores
 Offer for Sale:  Approx [.] Crores
 Face Value:  ₹5 Per Equity Share
 Price Band:  ₹[.] to ₹[.] Per Equity Share
 Listing on:  BSE & NSE
 Retail Quota:  35%
 QIB Quota:  50%
 NII Quota:  15%
 Discount:  N/A
 DRHP Draft Prospectus:  Click Here
 RHP Draft Prospectus:  Click Here

Prudent Corporate IPO Lot Size

The Prudent Corporate IPO minimum market lot is – shares with ₹- application amount. The retail investors can apply up-to – lots, – shares with ₹- application amount.

 Minimum Lot Size:  Minimum – Shares for 1 lot
 Minimum Amount:  ₹- for 1 lot
 Maximum Lot Size:  Maximum – Shares for – lot
 Maximum Amount:  ₹- for – lot

Prudent Corporate IPO Allotment & Listing Dates

The Prudent Corporate IPO date is May 10, 2022 and the IPO close date is May 12, 2022. The IPO allotment date is May 18, 2022 and the IPO may list on May 23, 2022.

 Price Band Announcement:  May 2022
 Anchor Investors Allotment:  May 2022
 IPO Open Date:  May 10, 2022
 IPO Close Date:  May 12, 2022
 Basis of Allotment:  May 18, 2022
 Refunds:  May 19, 2022
 Credit to Demat Account:  May 20, 2022
 IPO Listing Date:  May 23, 2022

Prudent Corporate IPO Form

How to apply the Prudent Corporate IPO? You can apply Prudent Corporate IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Prudent Corporate IPO in the Invest section. The other option you can apply Prudent Corporate IPO via IPO forms download via NSE and BSE. Check out the Prudent Corporate forms – click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.

Prudent Corporate Company Financial Report

  ₹ in Crores
Revenue Expense PAT
2019 ₹225 ₹194 ₹21.02
2020 ₹236 ₹199 ₹27.85
2021 ₹295 ₹234 ₹45.30
2022 6M
₹- ₹- ₹-

Company Promoters

Prudent Corporate IPO Valuation – FY2021

Check Campus Activewear IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

 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

Peer Group

  • IIFL Wealth Management Ltd
  • ICICI Securities Ltd
  • Central Depository Services (India) Limited
  • Computer Age Management Services Limited
  • HDFC Asset Management Company Limited
  • Nippon Life India Asset Management Ltd
  • UTI Asset Management Company Ltd

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

Check Prudent Corporate IPO allotment status on Linkintime website allotment URL. Click Here

Prudent Corporate IPO Lead Managers

  • ICICI Securities Limited
  • Axis Capital Limited
  • Equirus Capital Private Limited

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 IPO FAQs

What is Prudent Corporate IPO?

Prudent Corporate IPO is a main-board IPO. They are going to raise ₹[.] Crores via IPO. The issue price band is ₹[.] to ₹[.] per equity share. The IPO is to be listed on BSE & NSE.

When Prudent Corporate IPO will open?

The IPO is to open on May 10, 2022 for QIB, NII, and Retail Investors.

What is Prudent Corporate IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Prudent Corporate IPO?

You can apply Prudent Corporate IPO via ASBA online via your bank account. You can also apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Prudent Corporate IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Prudent Corporate”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Prudent Corporate IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Prudent Corporate”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – mandate. Open Demat Account with Upstox.

How to Apply the Prudent Corporate IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Prudent Corporate”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Prudent Corporate IPO Size?

Prudent Corporate IPO size is ₹[.] crores.

What is Prudent Corporate IPO Price Band?

Prudent Corporate IPO Price Band is ₹[.] to ₹[.] per equity share.

What is Prudent Corporate IPO Minimum and Maximum Lot Size?

The minimum bid is [.] shares with ₹[.] amount while maximum bid is [.] shares with ₹[.].

What is Prudent Corporate IPO Allotment Date?

Prudent Corporate IPO allotment date is May 18, 2022.

What is Prudent Corporate IPO Listing Date?

Prudent Corporate IPO listing date is May 23, 2022. The IPO to list on BSE and NSE.

Note: The Prudent Corporate IPO details are announced officially. The IPO grey market premium (Prudent Corporate IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)



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