How to check Prudent Corporate IPO allotment status?
When the allotment process is complete, you can check the status of your application on the Upstox app.
Here’s a step-by-step guide on how to check Prudent Corporate IPO allotment status:
Prudent Corporate Advisory Services Limited
In the 2000s, the dot-com bubble had sent the stock markets tumbling and the Ketan Parekh scam had scarred investors. Amid such volatile times, retail wealth management company Prudent Corporate Advisory was born out of chartered accountant Sanjay Shah’s passion for the stock markets. After staying put through the initial period of stock market volatility, this Ahmedabad-based company has steadily grown over the last 21 years. As of December 2021, its assets under management (AUM) from mutual fund distribution stood at ₹48,411 crore. It caters to more than 13.5 lakh clients across India.
Now, this company is all set to launch its public issue. Prudent Corporate IPO will be open for subscription between 10 May and 12 May.
Here are the key details about the Prudent Corporate Advisory Service IPO.
Risks & Threats
About Prudent Corporate IPO details
| Prudent Corporate IPO dates
The Prudent Corporate IPO launch date has been announced. It might be noted that the Prudent Corporate IPO opening date is 10 May 2022. It will be open for subscription for three days. So, the Prudent Corporate IPO closing date is 12 May 2022. And the Prudent Corporate IPO listing date is 23 May 2022.
| Prudent Corporate IPO price band
The Prudent Corporate IPO price band is ₹595-630 per share.
The Prudent Corporate IPO listing price will be determined on 23 May 2022. The listing price is the price at which the shares of a company make their debut on the stock exchanges.
| Prudent Corporate IPO lot size
The Prudent Corporate IPO Details have been declared. The Prudent Corporate IPO lot size is 23 shares. Meanwhile, the Prudent Corporate IPO issue size is ₹538 crore.
Apply for the Prudent Corporate IPO
You can apply on Upstox for the Prudent Corporate IPO.
Here’s a step-by-step guide on how to apply for the Prudent Corporate IPO.
Open demat account with Upstox to apply for the Prudent Corporate IPO
To apply for the Prudent Corporate IPO, it is necessary to open a demat account. If you are wondering how to open a demat account, then you can either visit the Upstox website or download the app.
To open a demat account with Upstox, you can visit this page and enter the basic details to begin the process of signing up. When directed, you need to upload scanned copies of your PAN, Aadhar card, cancelled cheque, and bank statement. You then need to complete e-verification with the help of an OTP sent to your registered mobile number. With this, your demat account will be created with Upstox. Easy, isn’t it?
Upstox – trading app to apply for the Prudent Corporate IPO
Applying for IPOs with Upstox is extremely easy. The user-friendly interface and top-notch security make Upstox one of the leading trading apps in India.
You can apply for the Prudent Corporate IPO on Upstox, provided you have a demat account. As mentioned in the previous section, you can simply follow the steps to open a demat account with Upstox. The biggest advantage is that when you apply for an IPO using your Upstox account, the brokerage charges are zero.
In fact, courtesy its robust features and minimal charges, Upstox is among the most preferred trading apps. Lakhs of Indians trust Upstox as it is a reliable trading platform that makes IPO applications easy.
You can pre-apply for the Prudent Corporate IPO from 9 May 2022. Once the IPO goes live, you will receive a UPI mandate. Accept this to block the IPO application amount and successfully place your bid.
The Prudent Corporate IPO launch date is 10 May 2022. The Prudent Corporate IPO will be open for subscription till 12 May 2022.
The Prudent Corporate IPO lot size is 23 shares and the minimum investment required is ₹13,685.
The Prudent Corporate IPO price band is ₹595-₹630 per share.
The size of the Prudent Corporate IPO is ₹538 crore.
You can place up to three bids for an application.
No, the bids have to be placed at one go. If you want to add an additional bid, then you would have to delete your application and re-apply.
Shares of Prudent Corporate will list on BSE and NSE.
The Prudent Corporate listing date is 23 May 2022.