Prudent Corporate IPO Subscription Status & Subscription Numbers

Prudent Corporate IPO (Initial Public Offering) will open for subscription on 10 May 2022. Prudent Corporate IPO will close for subscription on 12 May 2022 which is Thursday. The GMP is not started yet and all eyes will be on QIB and HNI numbers as they will be the key point for the GMP. The company is to raise Rs.538.61 crore via IPO.

Prudent Corporate Advisory Services Limited provides retail wealth management services. The company offers Mutual Fund products, Life and General Insurance solutions, Stock Broking services, SIP with Insurance, Gold Accumulation Plan, Asset Allocation, and Trading platforms. The price band of the IPO is ₹595 to ₹630. The Prudent Corporate IPO to list on NSE and BSE. Check out Prudent Corporate grey market premium, Kostak rates, and Subject to Sauda rates as of today.

    Prudent Corporate IPO Subscription Status & Subscription Numbers

    Prudent Corporate IPO Subscription Numbers (Day 1)

    Prudent Corporate Advisory Services IPO subscribed 0.36 times. The public issue subscribed 0.72 times in the retail category, 0.00 times in QIB, and 0.02 times in the NII category by May 10, 2022.

    Category Day 1 Day 2 Day 3
    QIB 0.00 x x
    NII 0.02 x x
    RII 0.72 x x
    EMP 0.35 x x
    OTH 0.00 x x
    Total 0.36 x x

    Prudent Corporate IPO Date & Price Band:

    IPO Opening Date May 10, 2022
    IPO Closing Date May 12, 2022
    Delhivery IPO Face Value ₹5 per share
    Delhivery IPO Price ₹595 to ₹630 per share
    Delhivery IPO Lot Size 23 Shares
    Issue Size 8,549,340 shares of ₹5
    (aggregating up to ₹538.61 Cr)
    Offer For Sale 8,549,340 shares of ₹5
    (aggregating up to ₹538.61 Cr)
    Employee Discount ₹59 Per Share
    Issue Type Book Built Issue IPO
    Listing At BSE, NSE
    QIB Shares Offered Not less than 50% of the Net Offer
    Retail Shares Offered Not more than 35% of the Net Offer
    NII (HNI) Shares Offered Not more than 15% of the Net Offer
    Company Promoters Sanjay Shah is the company's promoter.

    Prudent Corporate IPO Tentative Timetable

    Prudent Corporate IPO opens on May 10, 2022, and closes on May 12, 2022. The Prudent Corporate IPO bid date is from May 10, 2022, 10.00 A.M. to May 12, 2022, 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 12 P.M. on the next day of issue closing day.

    IPO Open Date May 10, 2022
    IPO Close Date May 12, 2022
    Basis of Allotment Date May 18, 2022
    Initiation of RefundsMay 19, 2022
    Credit of Shares to Demat Account May 20, 2022
    IPO Listing Date May 23, 2022

    Prudent Corporate IPO Market Lot:

    The Prudent Corporate IPO lot size is 23 shares. A retail-individual investor can apply for up to 13 lots ( 299 shares or ₹188,370).

    Application Lots Shares Amount
    Minimum 1 23 ₹14,490
    Maximum 13 299 ₹188,370

    Prudent Corporate IPO Subscription FAQs:

    When Prudent Corporate IPO Subscription will start?
    The Prudent Corporate IPO subscription starts on May 10, 2022, for QIB, NII, and Retail Investors.

    How much is Prudent Corporate IPO subscribed?
    The Prudent Corporate IPO subscribed 0.36 times on day 1.

    What is the Prudent Corporate IPO retail subscription status?
    The Prudent Corporate retail subscription is 0.35 on day 1.

    How to subscribe to Prudent Corporate IPO?
    You can go with ASBA and Non-ASBA options for subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

    How do I check live Prudent Corporate IPO Subscription Numbers?
    One can visit our portal for live subscription numbers which we are updating hourly basis or check the numbers on NSE and BSE websites.