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Prudent Corporate Advisory Services IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 538.61 Cr. The company is based in Ahmedabad and caters to Banking And Finance sector. Axis Capital , Equirus Capital , ICICI Securities are the merchant bankers of Prudent Corporate Advisory Services IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 12th August 2021.
Prudent Corporate Advisory Services IPO open date is 10th May 2022 and close date is 12th May 2022. IPO Allotment Date is 18th May 2022 and Listing date is 20th May 2022.
IPO
Size:
₹ 538.61 Cr.
Avg IPO Size (Sector Based)
: ₹
1,777.43 cr.
Sector: Banking And Finance
IPO so far:
79
Merchant Banker:
Axis Capital
IPO by BRLM so far:
161
City:
Ahmedabad
IPO so far:
31
Revenue (annualised):
₹
437.33
cr. 
PE
Ratio:
33.94x
Average Sector PE Ratio: 20.56x
Prudent Corporate Advisory Services IPO size is ₹ 538.61 Cr. with IPO price of ₹ 630.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Axis Capital Limited is the book-running lead manager of the Prudent Corporate Advisory Services IPO. Link Intime India Private Limited is the Registrar for Prudent Corporate Advisory Services IPO.
Prudent Corporate Advisory Services IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Prudent Corporate Advisory Services IPO, based in Ahmedabad, operates in the Banking And Finance sector with a focus on business of retail wealth management services. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Prudent Corporate Advisory Services IPO size is ₹ 538.61 Cr. with fresh issue size of ₹ 538.61 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Prudent Corporate Advisory Services IPO is expected to be 18th May 2022, after the finalization of basis of allotment. Investors can check Prudent Corporate Advisory Services IPO allotment status on the registrars website, Link Intime India Private Limited . Prudent Corporate Advisory Services IPO refund dates are 19th May 2022.
Prudent Corporate Advisory Services IPO is expected to be listed on 20th May 2022.
The upper price band for the Prudent Corporate Advisory Services IPO is set at ₹ 630.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Prudent Corporate Advisory Services IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Prudent Corporate Advisory Services IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 12th May 2022. After submission, funds are blocked until the basis of allotment of Prudent Corporate Advisory Services IPO is finalised.
The merchant banker for Prudent Corporate Advisory Services IPO is Axis Capital Limited , Equirus Capital Private Limited , ICICI Securities Limited . Axis Capital Limited , Equirus Capital Private Limited , ICICI Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Prudent Corporate Advisory Services IPO RHP for further details.
The registrar for Prudent Corporate Advisory Services IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Prudent Corporate Advisory Services IPO through their official website or helpline.
Prudent Corporate Advisory Services IPO was subscribed 1.22 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 538.61 Cr.
Avg IPO Size (Sector Based)
:
₹ 1,777.43 Cr.
Sector: Banking And Finance
IPO so far:
79
Merchant Banker:
Axis Capital
IPO by BRLM so far:
161
City:
Ahmedabad
IPO so far:
31
Revenue (annualised):
₹ 428.29 cr.
PE
Ratio:
33.94x
Average Sector PE Ratio: 20.56x
Prudent Corporate Advisory Services IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Prudent Corporate Advisory Services Financial Review Page
Merchant Banker(s) of Prudent Corporate Advisory Services IPO: Axis Capital Limited , Equirus Capital Private Limited , ICICI Securities Limited
Prudent Corporate Advisory Services IPO subscription was 1.22 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Prudent Corporate Advisory Services IPO listed at a listing price of 562.70 against the offer price of 630.00.
The current market price of Prudent Corporate Advisory Services is 2855.10.
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