IPO Alert: Prudent Corporate Advisory Services Ltd.

Prudent Corporate Advisory Services is an independent retail wealth management services group and is amongst the top mutual fund distributors in terms of average assets under management and commission received. They have become an important interface between asset management companies and mutual fund distributors or independent financial advisors.

Bid/Offer Opens OnTuesday 10-May-22
Bid/Offer Closes OnThursday 12-May-22
Price BandRs. 595 - Rs. 630 per equity share
Lot Size23 Shares

How to apply via Web Platform

The below table has important dates with respect to the IPO allotment and listing.

Finalization of Basis of Allotment18-May-22
Initiation of Refunds19-May-22
Credit of Shares to Demat Acct20-May-22
IPO Shares Listing Date23-May-22
UPI mandate expiry date24-May-22

How to Check Allotment Status

In case you have not been allotted for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

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