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MarketCircularsDaily Updates
May 07, 2022
140

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 On Tuesday 10-May-22
Bid/Offer Closes On Thursday 12-May-22
Price Band Rs. 595 - Rs. 630 per equity share
Lot Size 23 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 Allotment 18-May-22
Initiation of Refunds 19-May-22
Credit of Shares to Demat Acct 20-May-22
IPO Shares Listing Date 23-May-22
UPI mandate expiry date 24-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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