Product Note – Prudent Corporate Advisory IPO
| Issue Open | May 10, 2022 |
| Issue Close | May 12, 2022 |
| Price Band | 595 -630 |
| Face Value | Rs. 5 |
| Lot Size | 23 |
IPO Issue Details
| Issue Size | Offer for Sale of up to [] Equity shares |
| QIB | 50% of Net Offer |
| NII | 15% of Net Offer |
| Retail | 35% of Net Offer |
| Listing | BSE & NSE |
| Registrar | LINK Intime |
Subscription Update:
| Category | Subscription (times) |
|---|---|
| QIB | 1.26 |
| NII | 0.99 |
| Retail | 1.29 |
| Employee | 1.23 |
| Total | 1.22 |
Retail Price Chart
| Lot | No of Share | Amt @cutoff |
|---|---|---|
| 1 | 23 | 14,490 |
| 2 | 46 | 28,980 |
| 3 | 69 | 43,470 |
| 4 | 92 | 57,960 |
| 5 | 115 | 72,450 |
| 6 | 138 | 86,940 |
| 7 | 161 | 101,430 |
| 8 | 184 | 115,920 |
| 9 | 207 | 130,410 |
| 10 | 230 | 144,900 |
| 11 | 253 | 159,390 |
| 12 | 276 | 173,880 |
| 13 | 299 | 188,370 |
IPO Overview of Prudent Corporate Advisory
Incorporated in 2003, Prudent Corporate Advisory Services Limited provides retail wealth management services.
The company offers Mutual Fund products, Life and General Insurance solutions, Stock Broking services etc.
