Prudent Corporate Advisory Services Limited
10 May 2022 – 12 May 2022
LISTED
Offer Price
₹595–630
Bid lot
23
Min Application
₹14,490
Issue Size
₹539 Cr
Key dates
Open date
10 May 2022
Done
Close date
12 May 2022
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
20 May 2022
Today
Issue reservation
₹539 CrQIB 50%Retail 35%5%
QIB
42.8 L sh · ₹269.50 Cr
Retail
29.9 L sh · ₹188.65 Cr
Employee
4.3 L sh · ₹26.95 Cr
BRLM: Equirus Capital Private Limited · ICICI Securities Limited · Axis Capital Limited
Lot ladder — how much to bid
1 lot = 23 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
23 sh · ₹14,490
Max · 13 lots
299 sh · ₹1,88,370
S-HNI · ₹2 L to ₹10 L14–69 lots
Min · 14 lots
322 sh · ₹2,02,860
Max · 69 lots
1,587 sh · ₹9,99,810
B-HNI · Above ₹10 L70+ lots
Min · 70 lots
1,610 sh · ₹10,14,300
Entry point
₹10,14,300 onward
Issue details
Lead managersEquirus Capital Private Limited, ICICI Securities Limited, Axis Capital Limited
Face value₹10
Listing onNSE
RegistrarLink Intime India Private Limited
Live subscription
1.27×
0×1×2×3×+
Fully subscribed
Book₹485.10 Cr
Subscribed₹616.08 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 42,77,778₹269.50 Cr | 53,90,000₹339.57 Cr | 1.26× |
| HNI | 12,83,333₹80.85 Cr | 12,70,500₹80.04 Cr | 0.99× |
| Retail | 29,94,445₹188.65 Cr | 38,62,834₹243.36 Cr | 1.29× |
| Employee | 4,27,778₹26.95 Cr | 5,26,167₹33.15 Cr | 1.23× |
| Total | 77,00,001₹485.10 Cr | 97,79,001₹616.08 Cr | 1.27× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 339.57 |
| HNI | 80.04 |
| Retail | 243.36 |
| Employee | 33.15 |
| Total | 616.08 |
Amounts at the upper band (₹630). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Prudent Corporate Advisory Services Limited IPO?
One lot of 23 shares — ₹14,490 at the upper price band of ₹630.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2022-05-20 on NSE.