Prudent Corporate IPO subscription status is to start on May 10, 2022, Tuesday. Prudent Corporate is a mainline IPO. The IPO is been subscribed by QIB, NII, and Retail investors. They are going to raise ₹538 crores via IPO which comprises an offer for sale of up to 8,549,340 equity shares. The IPO price band is fixed at ₹595 to ₹630 with a market lot of 23 shares. 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. The company reported revenues of ₹295 in 2021 against revenues of ₹236 in 2020. The company’s financial report looks strong and profit is also growing YOY. Please check the Prudent Corporate IPO subscription status details over here. There is a Discount of ₹59 for the Employee Quota.
IPOWatch View: We recommend investors may apply for an IPO with a long-term view. Investors should also look at the Retail and HNI numbers before investing. You can check the Prudent Corporate IPO allotment status here.
Prudent Corporate IPO Subscription Status (Live Update – Day 3)
IPO Subscribed Till Now – 5:00 PM
| 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 | 1.29 |
| Employee | 0.35 | 0.67 | 1.23 |
| Total | 0.36 | 0.57 | 1.22 |
Prudent Corporate IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Prudent Corporate IPO Subscription Dates
| Price Band Announcement: | May 04, 2022 |
| Anchor Investors Allotment: | May 09, 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 20, 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 IPO Subscription Status FAQs:
Follow IPO Watch for the upcoming IPO list and their reviews, also keep following us on Twitter, Facebook, and Instagram. For our latest videos, subscribe to our YouTube channel.
