What is the Prudent Corporate Advisory Services Limited price band and lot size?

Prudent Corporate Advisory Services Limited is priced at ₹595 – ₹630 per share with a lot size of 23 shares, so the minimum application is ₹14,490.

How much was Prudent Corporate Advisory Services Limited subscribed?

Prudent Corporate Advisory Services Limited was subscribed 1.22× in total across both exchanges.

How have IPOs like Prudent Corporate Advisory Services Limited performed?

Of the 37 mainboard issues that listed in 2022 and that MarketPing can price, the median return since issue price is +35.1% and 40.5% trade below their issue price. This is a base rate for the cohort, not a forecast for this issue.

ListedMainboardPRUDENT

Prudent Corporate Advisory Services Limited

Prudent Corporate Advisory Services Limited is a mainboard IPO raising ₹538 Cr at ₹595 – ₹630 a share. It listed on 23 May 2022 and trades at ₹3,415 today, +442.1% against its issue price of ₹630. It was subscribed 1.22× in total.

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₹630

Issue price

₹3,415

Price now

+442.1%

Since issue price

23 May 2022

Listed on

1.22×Subscribed (final) · all exchanges

Just covered — bids slightly exceed the shares on offer

populated partly populated we hold nothing here — the tab says why

How its cohort has done

37 mainboard issues listed in 2022 that we can price today. This is the group this issue belongs to.

+35.1%

Median return since issue price

40.5%

Now trading below their issue price

Neither figure is a forecast for this issue — they describe what happened to comparable issues. Full cohort analytics →

How the book finished

The category split is the number worth reading, not the total.

QIB1.26×

Non-institutional0.99×

Retail1.29×

Demand is spread fairly evenly across investor categories.

See the full split, sub-category by sub-category →

What we hold for this issue

Stated up front on every issue, so a sparse page reads as a fact about the source rather than a broken one.

Category split — who bidQIB, non-institutional and retail, with sub-splits

How demand built over timeFinal figure held, but no series — we were not sampling this issue while it was live

Price-point demand curveLive only — NSE stops serving this once bidding closes

Lead managers and registrar3 banks

Official documents5 documents

Listing-day priceNot published for this issue — the exchanges only began carrying it during 2024

Performance since listingComputed from our own daily closes

Led by Axis Capital Limited — median +35.0% across the 112 of its issues we can price. All lead managers →

What happens when

10 MayBidding opens

12 MayBidding closes

18 MayAllotment

19 MayRefunds

23 MayListing

Track PRUDENT CORP ADV SER LTD

Results, orders, board decisions and every other filing — summarised and sent to your WhatsApp the minute they are out.

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Figures are as published by the exchanges and the issuer’s prospectus. MarketPing publishes facts, comparisons and history only — nothing here is a recommendation to apply to this issue, and we do not publish grey market premium.