Check out Prudent Corporate IPO GMP aka IPO Grey Market Premium, Kostak rates, and Subject to Sauda rates as of today. Prudent Corporate IPO GMP started, let's wait for it to settle down. Stay tuned for the latest IPO GMP numbers of Prudent Corporate IPO.
Prudent Corporate IPO is to hit the market on May 10, 2022. The company is to raise ₹538 crores via IPO which comprises a fresh issue of ₹[.] crores and an offer for sale up to ₹538 crores from promoters. 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 company offers digital wealth management (DWM) solutions through platforms, namely, FundzBazar, PrudentConnect, Policyworld, WiseBasket, and CreditBasket. The IPO price band is fixed at ₹595 to ₹630 Per Equity Share. The Prudent Corporate IPO to list on NSE and BSE.
Read Also: Prudent Corporate IPO Details
Prudent Corporate IPO GMP Rates Today
- The Prudent Corporate IPO grey market premium is ₹35.
Prudent Corporate IPO Kostak Rates Today
- The Prudent Corporate IPO Kostak Rate is ₹250.
Prudent Corporate IPO Subject to Sauda Rate Today
- The Prudent Corporate IPO subject to Sauda rates is ₹500.
Prudent Corporate IPO Expected Return
- The Prudent Corporate IPO expected return is 0%.
Prudent Corporate IPO GMP Rates day by day with Kostak rates & Subject To Sauda
| Date | GMP (in INR) | Kostak (in INR) | Subject to Sauda |
|---|---|---|---|
| 10 May | ₹35 | ₹250 | ₹500 |
| 09 May | ₹30 | ₹250 | ₹500 |
| 08 May | ₹30 | ₹0 | ₹500 |
| 07 May | ₹30 | ₹0 | ₹500 |
| 06 May | ₹35 | ₹0 | ₹500 |
| 05 May | ₹35 | ₹0 | ₹0 |
| 04 May | ₹0 | ₹0 | ₹0 |
| 03 May | ₹0 | ₹0 | ₹0 |
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 Refunds | May 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 Company Financial:
| Particulars | For the year/period ended (₹ in million) | |||
|---|---|---|---|---|
| 31-Dec-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 3,873.40 | 2,849.30 | 1,960.75 | 1,932.15 |
| Total Revenue | 3,279.98 | 2,948.96 | 2,362.20 | 2,250.58 |
| Profit After Tax | 576.28 | 452.97 | 278.53 | 210.19 |
Disclaimer:
- IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.- We are not buying and selling IPO forms on IPO Grey Market.- Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.- Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamental of the companies
Prudent Corporate IPO GMP aka Grey Market Premium FAQs
1. What is the Grey Market Premium (GMP) price of Prudent Corporate IPO?
The Grey Market Premium of Prudent Corporate IPO is approx. in between ₹35 at the moment.
2. What is the Subject to Sauda price for Prudent Corporate IPO?
The Subject to Sauda price for Prudent Corporate IPO is approx. ₹500.
3. How much will be listing gain be in Prudent Corporate IPO?
Prudent Corporate IPO listing gain will be approx. 0% (update on a daily basis)
4. What is the Kostak price of Prudent Corporate IPO?
The Kostak price of Prudent Corporate IPO is approx ₹250.
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