Exchanges
BSE, NSE
Industry
Financial Products Distributor
Issue
Book building

Prudent Corporate Advisory Services IPO

₹561.75

−10.83% on listing

Listing-day close · NSE · 20 May 2022 · issue price ₹630

Prudent Corporate Advisory Services’ ₹428 crore IPO was priced at ₹630 a share. It listed on the NSE on 20 May 2022 and closed its first day at ₹561.75, down 10.83% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹428 Cr
Fresh issue
—
Offer for sale
₹428 Cr
Lot size
23 shares
Minimum investment
₹14,490
Face value
₹5
Registrar
MUFG Intime India

Subscription

Prudent Corporate Advisory Services IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—1.03×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹2,609 Cr
ROCE
28.73%
EBITDA margin
21.61%
PAT margin
15.40%
Promoter holding
56.78% → 56.78%

From the offer documents.

Listing

Listing date
20 May 2022
Issue price
₹630
Open
₹650.00
High
₹650.00
Low
₹541.00
Close
₹561.75

Listing day on the NSE. The close was −10.83% on the issue price.

PRUDENT share price today

FAQs

When did the Prudent Corporate Advisory Services IPO open and close?

It opened on 10 May 2022 and closed on 12 May 2022.

What was the Prudent Corporate Advisory Services IPO price?

The price band was ₹595–630 a share. The final issue price was ₹630.

What is the lot size and minimum investment?

One lot is 23 shares, ₹14,490 at ₹630 a share. Retail investors apply in whole lots.

How much did Prudent Corporate Advisory Services raise?

₹428 crore: ₹428 crore offered by existing shareholders.

How many times was the Prudent Corporate Advisory Services IPO subscribed?

1.03 times overall.

How did Prudent Corporate Advisory Services list?

It listed on the NSE on 20 May 2022 at ₹650.00 and closed the day at ₹561.75, down 10.83% on the ₹630 issue price.

Who is the registrar of the Prudent Corporate Advisory Services IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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