Prudent Corporate IPO GMP is what everyone is talking about. The Prudent Corporate IPO was launched yesterday on 10th May 2022 and it is willing to collect a total of ₹538 Cr for a total of 8,549,340 shares. The Prudent Corporate IPO GMP is rumoured to be ₹35 per share which is ₹5 higher than the expected grey market premium price. According to the company, the IPO will expire on 12th May 2022 and if you have invested in this IPO then you must be keen to know the Prudent Corporate IPO GMP price. Below, we have shared complete information about this IPO including the grey market premium.
Prudent Corporate IPO GMP
Prudent Corporate Advisory Service Limited or PCASL is one of the most popular companies which is associated with wealth management services. The company is associated with various services of wealth management in India. The company claims to be India’s no 1 mutual fund advisory service provider.
The company has won many awards for their work. However, the question lies: Is the Prudent Corporate IPO worth it? Well, the question will be answered in this post. The company has a very strong network of Mutual fund distributors across the county and it is financially highly stable, so investors are looking for the Prudent Corporate IPO GMP. Some investors want to hold for long, while some are here for the listing gains only.
|Prudent Corporate IPO Date||10th May 2022 to 12th May 2022|
|Prudent Corporate IPO Lot Size||23 Shares per lot|
|Prudent Corporate IPO GMP||₹35|
|Prudent IPO per share price||₹595 to ₹630|
|Prudent Corporate IPO List Date||23 May 2022|
|Prudent Corporate IPO Issue Size||8,549,340 shares|
If you look at the performance of the company, then you won’t find any issues. The company has great products which are classified into various categories. Moreover, the company has good exposure in the industry. Not just that, but the Prudent Corporate IPO looks strong because of the company’s portfolio.
The company will have some part of its IPO for the retail investors, whereas the rest of the part will belong to the company’s shareholders. The company IPO was listed on the Stock market for the first time on 10th May 2022. According to the company, it will be closed on 12th May 2022. But what is more exciting is the Prudent Corporate IPO GMP which is currently running up and it is touching around ₹35 which can be good news for the company as well as listing gainers.
Prudent Corporate Grey Market Premium Today
Prudent Corporate is one of the biggest in its own sector. Whether it be mutual funds, general or life insurance solutions, or stockbroking services, you will find Prudent Corporate everywhere in the financial sector. Not just that, but the company is also growing in the gold accumulation, asset allocation, and trading industry.
The Prudent Corporate IPO was first listed in the market yesterday on 10th May 2022 and it will conclude from the listing on May 12, 2022. The company has been selling financial goods and services to clients for more than 20 years now. It was established in 2000 and it has been 2 decades since the company is working in this sector.
According to Prudent Corporate Advisory Services Ltd, they have reported a total of ₹295 Cr revenue in the year 2021. Moreover, they reported a total of ₹236 Cr revenue in the year 2022. When it comes to the numbers, then the company is doing really good.
As far as the Prudent Corporate IPO GMP is concerned, it is set as high as ₹35 as of Wednesday, 11th May. However, when it comes to the first day of IPO which is the 10th of May then the Prudent Corporate IPO GMP was ₹30. This basically means that the Prudent Corporate IPO GMP is going up.
When it comes to the Prudent Corporate IPO share listing price, then it is set to ₹630 as per the market. However, when it comes to the Prudent Corporate IPO GMP, then the per-share price will be ₹665. This means that the Prudent Corporate IPO GMP is ₹35. According to the experts, the listing gains will be good for the Prudent Corporate IPO investors.
According to the experts, the Prudent Corporate IPO GMP is looking moderate as of now. However, we may get to see some bigger numbers on the next day which is on 12th May 2022. The Prudent Corporate IPO will close on 12th May. The share will list in the market on 23rd May 2022.
However, as per the experts, the investors should not look at the Prudent Corporate IPO GMP. Instead, they should focus on the financials of Prudent Corporate Advisory Services Ltd. The GMP is the unofficial data, so new investors should mainly focus on the balance sheet rather than the Prudent Corporate IPO GMP.
So, there is everything about the Prudent Corporate IPO GMP. We hope you have got all the related information you need about the Prudent Corporate IPO GMP and you will appreciate our approach. If you have any recommendations or suggestions, then leave them in the comments area below.