Prudent Corporate Advisory Services Limited IPO

Prudent Corporate Advisory Services is an Indian retail wealth management services group. It provides investment and financial services platforms for the distribution of financial products via online and offline channels. Prudent provided wealth management services to 13,51,274 unique retail investors through 23,262 MFDs on its business-to-business-to-consumer platform and has branches in 110 locations across 20 Indian states. And is associated with 42 AMCs as a distributor.

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Date10May2022 - 12May2022
Price Range (₹)595 – 630
Minimum Order Quantity23
(D)RHPView

Through its subsidiary, Gennext, it also provides life and general insurance products. Prudent Corporate Advisory Services' entire public offering consists of an offer to sell 85.49 lakh equity shares from selling shareholders. Read more

Check out some recent financials figures of the company:

Financial Year Ended Revenue (₹ Millions) Profit After Tax (₹ Millions) EPS (₹)
March 2019 225.06  21.02 5.08 
March 2020 236.22  27.85 6.73 
March 2021 294.90  45.30 10.94 

How do I apply for the Prudent Corporate Advisory Services Limited IPO?

You can apply for the Prudent Corporate Advisory Services Limited IPO using any supported UPI app by following two steps:

  • Enter your bid on rocket
  • Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account.

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