Prudent Corporate Advisory IPO GMP, Kostak Rates, Subject to Sauda

Prudent Corporate
Advisory IPO Details
Prudent Corporate
Advisory IPO Review
Allotment Status

Keep updated with latest Prudent Corporate Advisory IPO GMP (Grey Market Premium), kostak rates, and subject to sauda rates. Prudent Corporate Advisory IPO GMP for today is INR10 per share against the issue price of INR595 – 630 per share. This implies Venus Pipes IPO expected listing price is INR640 per share based on the current GMP.

The company is one of the largest independent retail wealth management services groups (excluding banks and brokers) in India and is amongst the top mutual fund distributors in terms of average assets under management (“AAUM”) and commission received.

Prudent Corporate Advisory IPO GMP Daily Trend

DatePrudent Corporate
Advisory IPO GMP
KostakSubject to Sauda
19 May 2022
18 May 2022INR10INR200INR300
17 May 2022 INR10INR200INR300
16 May 2022 INR10INR200INR300
14 May 2022 INR10INR200INR300
13 May 2022 INR10INR200INR300
12 May 2022INR20INR300INR400
11 May 2022INR20INR300INR400
10 May 2022INR30INR300INR400
9 May 2022 INR30INR300INR400
7 May 2022 INR30INR300INR400
6 May 2022INR40INR300
5 May 2022 INR350

This page provides day-wise GMP movement which is helpful in deriving tentative listing price and profit/loss of the IPO. The historical premiums mentioned in the above table serve an important purpose and have a close linkage with subscription levels, especially in the QIB and HNI categories. It is typically observed that recovery in premiums is difficult after a sharp correction.

IPO Central also provides grey premium of all active, recent and forthcoming IPOs at a single place. Head to our IPO discussion page which provides a snapshot of IPO premiums.

It should be noted that IPO grey market is unregulated and is highly volatile and thus, it should not be used as the only criterion for an investment decision in an IPO. Investors need to look into other parameters including financial performance and valuations before deciding whether to invest in Prudent Corporate Advisory IPO or not.

Prudent Corporate Advisory IPO Details

Subscription Dates10 – 12 May 2022
Price BandINR595 – 630 per share
Fresh issueNil
Offer For Sale8,549,340 shares (INR508.69 – 538.61 crore)
Total IPO size8,549,340 shares (INR508.69 – 538.61 crore)
Minimum bid (lot size)23 shares
Minimum investment amountINR14,490
Maximum bid (lot size)299 shares (13 lots)
Maximum investment amount INR188,370
Face Value INR5 per share
Retail Allocation35%
Listing OnNSE, BSE

Prudent Corporate Advisory IPO Documents & News

Prudent Corporate Advisory IPO Timetable

This table provides important information about Prudent Corporate Advisory IPO. The dates are updated once the company files Red Herring Prospectus (RHP).

IPO Opening Date10 May 2022
IPO Closing Date12 May 2022
Finalisation of Basis of Allotment18 May 2022
Initiation of refunds19 May 2022
Transfer of shares to demat accounts20 May 2022
Listing Date23 May 2022
Opening Price on NSEComing soon
Closing Price on NSEComing soon

What is Prudent Corporate Advisory IPO GMP today?

Prudent Corporate Advisory IPO GMP today is INR10 per share.

What is Prudent Corporate Advisory IPO kostak rate today?

Prudent Corporate Advisory IPO kostak rate today is INR200 per application.

What is Prudent Corporate Advisory Subject to Sauda rate today?

Prudent Corporate Advisory Subject to Sauda rate today is INR300 per application.

What is the expected listing price and return of Prudent Corporate Advisory IPO?

Prudent Corporate Advisory IPO expected return is 1.62% based on the current GMP and expected listing price is INR640 per share.

Disclaimer: No content published anywhere on this website should be treated as investment advice or as an offer to buy or sell securities. All the content offered on the website is for educational and informational purposes only. Please contact your investment adviser before making an investment. Any reader taking decisions based on any information published here does so entirely at own risk.


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