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Prudent Corporate Advisory Services Limited IPO Subscription Status

📅Offer Date: 10 May 2022 – 12 May 2022

Minimum investment
₹14,49023 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total1.22x
QIB1.26x
NII0.99x
Retail1.29x

Prudent Corporate Advisory Services Limited IPO was subscribed 1.22x in total when bidding closed on 12 May 2022, with 1.26x in the QIB category, 0.99x in NII, 1.29x in retail. The issue ran from 10 May 2022 to 12 May 2022 at a price band of ₹595.00–₹630.00 per share.

QIB1.26xNII0.99xRetail1.29xTotal1.22x1×

Times subscribed by category against the 1× line.

2
≈ 1 in 2 retail allotment
moderate allotment chance

Based on retail subscription (1.29x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
QIBs16,87,10121,25,7471.26x
NIIs12,65,32612,52,6730.99x
Retail29,52,42738,08,6311.29x
Employee1,13,8351,40,0171.23x
Total60,18,68973,42,8011.22x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
QIBs106.29133.921.26x
NIIs79.7278.920.99x
Retail186.00239.941.29x
Employee7.178.821.23x
Total379.18461.611.22x

Values derived from share count × issue price (₹630.00)

What this means for allotment & listing

Because Prudent Corporate Advisory Services Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

BSE, NSE listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Prudent Corporate Advisory Services Limited IPO subscription FAQs