Prudent Corporate Advisory Services IPO subscription is to open on 10 May and will close on 12 May 2022, Prudent Corporate Advisory Services is an independent retail wealth management services group in India and are amongst the top mutual fund distributors. Check the Prudent Corporate Advisory Services Subscription Status & Allotment Status.
- About Prudent Corporate Advisory Services
- Important Details – Prudent Corporate Advisory Services
- Objects of the Issue
- Prudent Corporate Advisory Services Limited Financials:
- Prudent Corporate Advisory Services IPO Price – Details
- Prudent Corporate IPO DRHP & RHP
- Prudent Corporate IPO Lot Size
- Prudent Corporate IPO Lead Managers
- Prudent Corporate IPO Registrar
- Prudent Corporate IPO Allotment Date, Listing Date and other Important Dates
- Company Peers – Comparison of Accounting Ratios
- Company Corporate Office
- Company Registered Office
- Company Promoters
- Prudent Corporate IPO – FAQS
About Prudent Corporate Advisory Services
Prudent Corporate Advisory Services is an independent retail wealth management services group in India and are amongst the top mutual fund distributors in terms of average assets under management (“AAUM”) and commission received. Prudent Corporate Advisory Services offers a technology enabled, comprehensive investment and financial services platform with end-to-end solutions critical for financial products distribution and presence across both online and offline channels. The company grew faster among national distributors (amongst the top 10 mutual fund distributors) in terms of commission and AAUM with a CAGR of 34.4% and 32.5% respectively for the five year period ending Fiscal 2021
Important Details – Prudent Corporate Advisory Services
June 4, 2003 – The company was incorporated as ‘Prudent Corporate Advisory Services Limited’, a public limited company
Objects of the Issue
- to carry out the Offer for Sale; and
- achieve the benefits of listing the Equity Shares on the Stock Exchanges
Also Read:
- Prudent Corporate Advisory Services IPO GMP
- Prudent Corporate Advisory Services IPO Subscription Status
- Prudent Corporate Advisory Services IPO Allotment Status
- Prudent Corporate Advisory Services IPO Listing Date
Prudent Corporate Advisory Services Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in millions) | |||
|---|---|---|---|---|
| 30-Dec-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 3,873.40 | 2,849.30 | 1,960.75 | 1,932.15 |
| Total income | 3,279.98 | 2,948.96 | 2,362.20 | 2,250.58 |
| Total Expenses | 2,503.06 | 2,343.72 | 1,987.86 | 1,944.87 |
| Profit After Tax | 576.28 | 452.97 | 278.53 | 210.19 |
Prudent Corporate Advisory Services IPO Price – Details
| Description | Details |
|---|---|
| Public Issue | Initial Public Issue of upto 8,549,340 Equity Shares of ₹ 5 (aggregating up to ₹ 538.61 Cr) |
| Issue Open Date | 10-May-22 |
| Issue Close Date | 12-May-22 |
| Issue Type | Book Building |
| IPO Price Band | ₹ 595 – ₹ 630 |
| Face Value | ₹ 5 |
| Market Lot | 23 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 23 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | NSE, BSE |
| NSE Symbol | PRUDENT |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Prudent Corporate IPO DRHP & RHP
Prudent Corporate Advisory Services IPO DRHP
Prudent Corporate Advisory Services IPO RHP
Prudent Corporate IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 23 | ₹ 14,490 |
| Maximum | 13 | 299 | ₹ 1,88,370 |
Prudent Corporate IPO Lead Managers
- ICICI Securities Limited
- Axis Capital Limited
- Equirus Capital Private Limited
Prudent Corporate IPO Registrar
Prudent Corporate IPO Allotment Date, Listing Date and other Important Dates
| Details | Important Dates |
|---|---|
| Bid / Offer Opens on | 10-May-22 |
| Bid / Offer Closes on | 12-May-22 |
| Finalisation of Basis of Allotment | 18-May-22 |
| Initiation of refunds | 19-May-22 |
| Credit of the Equity Shares | 20-May-22 |
| Listing Date | 23-May-22 |
Company Peers – Comparison of Accounting Ratios
| Name of Company | Face Value | EPS (Basic) (₹) | Total Income (₹ in million) | NAV, as on March 31, 2021 (₹ per share) |
| Prudent Corporate Advisory Services Limited | 5 | 10.96 | 2,948.96 | 38.13 |
| IIFL Wealth Management Ltd | 2 | 42.24 | 16,590.20 | 321.77 |
| ICICI Securities Ltd | 5 | 33.14 | 25,861.70 | 56.55 |
| Central Depository Services (India) Limited | 10 | 19.17 | 4,006.33 | 88.04 |
| Computer Age Management Services Limited | 10 | 42.08 | 7,352.55 | 105.73 |
| HDFC Asset Management Company Limited | 5 | 62.28 | 22,017.40 | 224.28 |
| Nippon Life India Asset Management Ltd | 10 | 11.04 | 14,193.40 | 50.29 |
| UTI Asset Management Company Ltd | 10 | 38.97 | 11,986.30 | 255.31 |
Company Corporate Office
3rd Floor, HUB Town Solaris,
Telli Gally Junction,
NS Marg, Andheri East,
Mumbai 400069,
Maharashtra
www.prudentcorporate.com
Company Registered Office
Prudent House,
3 Devang Park Society,
Panjarapole Cross Road,
Ambawadi,
Ahmedabad 380 015,
Gujarat
Company Promoters
- Sanjay Shah
Prudent Corporate IPO – FAQS
What is the Prudent Corporate IPO Price?
The Prudent Corporate IPO price band is ₹ 595 – ₹ 630 per share
When Prudent Corporate Advisory Services IPO will open?
The Prudent Corporate Advisory Services IPO opens on May 10, 2022 and closes on May 12, 2022
What is the lot size of Prudent Corporate Advisory Services IPO?
The Prudent Corporate Advisory Services IPO lot size is 23 Equity Shares and the minimum order quantity is 23 Equity Shares
Who is the Registrar for Prudent Corporate Advisory Services IPO?
The Registrar for Prudent Corporate Advisory Services IPO is Link Intime India Private Limited
How to apply in Prudent Corporate Advisory Services IPO through UPI?
Check the step by step process here – Click here
How to apply for Prudent Corporate Advisory Services IPO through Zerodha?
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