Ticker > IPO > New Listed IPO > Prudent Corporate Advisory Services Ltd.

Prudent Corporate Advisory Services Ltd. IPO

The company offers a technology enabled, comprehensive investment and financial services platform with end-to-end solutions critical for financial products distribution and presence across both online and offline channels.

RHP
View
DRHP
View
Open Date

2022-05-10

Close Date

2022-05-12

IPO Details

Check out the issue details for Prudent Corporate Advisory Services Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 630

Price Band

₹ 595 - 630

Issue Size

538.61 Cr.

Issue Type

Book Built

Open

2022-05-10

Close

2022-05-12

Listingprice

₹ 650

ListingGain

3.17%

Listing Date

2022-05-20

CMP

₹ 1531.55

Current Return

143.10%

News

Prudent Corporate Advisory informs about disclosure14 Feb, 11:55AM Prudent Corporate Advisory Services informs about newspaper advertisement27 Jan, 3:05PM Prudent Corporate - Quaterly Results25 Jan, 1:23PM Prudent Corporate - Quaterly Results25 Jan, 1:23PM Prudent Corporate - Quaterly Results25 Jan, 1:23PM Prudent Corporate Advisory Services informs about conference call 19 Jan, 3:23PM Prudent Corporate Advisory Services informs about newspaper advertisement27 Oct, 5:20PM Prudent Corporate - Quaterly Results26 Oct, 5:40PM Prudent Corporate - Quaterly Results26 Oct, 5:40PM Prudent Corporate - Quaterly Results26 Oct, 5:40PM Prudent Corporate Advisory Services informs about analyst meet19 Oct, 2:21PM Prudent Corporate Advisory Services informs about board meeting 18 Oct, 4:58PM Prudent Corporate Advisory Services informs about closing of trading window26 Sep, 12:13PM Prudent Corporate Advisory Services informs about analyst meet20 Sep, 2:17PM Prudent Corporate Advisory Services informs about transcript of conference call29 Jul, 3:39PM Prudent Corporate Advisory Services informs about investor presentation25 Jul, 4:52PM Prudent Corporate Advisory Services informs about press release25 Jul, 4:31PM Prudent Corporate Advisory Services informs about investor presentation25 Jul, 4:24PM Prudent Corporate - Quaterly Results25 Jul, 3:07PM Prudent Corporate - Quaterly Results25 Jul, 3:07PM

Company Financials

You can get the following financial statements of Prudent Corporate Advisory Services Ltd. as of now.

Exchange

NSE: PRUDENT BSE: 543527

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

Subscription Details

The details about the Prudent Corporate Advisory Services IPO is as:

  • The issue size of the IPO is 538.61 Cr.
  • The price band for Prudent Corporate Advisory Services IPO is Rs 595 - 630.
  • The shares of Prudent Corporate Advisory Services IPO will list on 20th May 2022.
  • The latest tentative GMP of Prudent Corporate Advisory Services IPO is Rs 35.
  • The employees of the company will get a discount of Rs 59 per share.
  • The IPO of Prudent Corporate Advisory Services is subscribed 1.22 Times as of 12th May 2022.

Prudent Corporate Advisory Services IPO Valuation

The approx valuation of Prudent Corporate Advisory Services IPO based on its price band and RHP/DRHP (prospectus) is:

Particulars Value
Upper Price Band Rs 630
Existing Shares (Qty) 4.14 Cr
Market Cap 2608.2 Cr
EPS  Rs 10.96
PE Ratio 57.4x
Industry PE 40.6x

 

Prudent Corporate Advisory Services IPO Issue Size

Prudent Corporate Advisory Services IPO issue size is 538.61 Cr.

Issue Amount
Fresh Issue 0 Cr
Offer For Sale 538.61 Cr

 

Prudent Corporate Advisory Services IPO Market Lot

An Individual can apply for a minimum 1 lot of 23 shares and a maximum of 13 lots of 299 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 23 Rs 14,490
 Maximum 13 299 Rs 1,88,370

 

Prudent Corporate Advisory Services IPO Offer

The IPO of Prudent Corporate Advisory Services is subscribed 1.22 Times as of 12th May 2022. The category-wise shares subscription are as follows:

Category % Offered Subscription
Qualified Institutional Maximum 50% 1.26 Times
Non-Institutional Minimum 15% 0.99 Times
Retail Individual Minimum 35% 1.29 Times
Employee up to Rs 6.5 Cr 1.23 Times
Total   1.22 Times

 

Prudent Corporate Advisory Services IPO Grey Market Premium

As on GMP (Tentative)
10 May 2022 Rs 35
11 May 2022 Rs 25

It is purely for informational purposes and invest in an IPO after thoroughly researching on your own.

 

Allotment Details

Find below the dates for Prudent Corporate Advisory Services IPO:

Schedule Date
Basis of Allotment 18 May 2022
Refunds 19 May 2022
Credit to Demat Account 20 May  2022
IPO Listing Date 20 May 2022

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Other Income 7.18 1.14 7.9 6.61 4.75
Interest 0.1 0.74 0.8 1.97 1.22
Exceptional Items -0.9 0 0 0 0
Profit Before Tax 34.35 29.61 41.94 78.2 99.63
Tax 8.65 7.76 10.74 19.54 25.48
Adjusted EPS (Rs.) 0.62 0.53 0.75 1.42 1.79

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 1.04 1.04 1.04 20.7 20.7
Total Reserves 85.18 106.33 137.31 175.89 245.77
Borrowings 0.15 0.15 0 0 0
Other N/C liabilities 1.07 9.43 10.51 15.61 23.26
Current liabilities 25.81 26.86 50.48 59.28 69.81
Total Liabilities 113.25 143.8 199.33 271.49 359.54
Assets
Net Block 16.11 23.6 22.84 169.2 158.11
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 25.74 27.94 40.15 23.4 104.36
Other N/C Assets 0.24 0 0 0.07 0
Current Assets 69.85 92.02 136.35 78.83 97.07
Total Assets 113.25 143.8 199.33 271.49 359.54
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Other Income 1.67 2.33 3.48 2.57 3.27
Interest Expended 0.4 0.3 0.29 0.32 0.33
Operating Expenses 106.28 107.18 111.04 123.42 134.04
Total Provisions 0 0 0 0 0
Profit Before Tax 27.3 26.46 30.84 31.01 35.64
Tax 7.14 6.62 7.78 7.7 9.03
Net Profit 20.16 19.84 23.06 23.31 26.6
Adjusted EPS (RS) 4.87 4.79 5.57 5.63 6.42

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 58.43 0
Dec 2023 58.43 0
Sep 2023 58.43 0
Jun 2023 58.43 0
Mar 2023 58.44 0
* Figures given above are % of equity capital
X