Prudent Corporate Advisory IPO Subscription Details

Bookbuilding IPO | ₹428 Cr | Listed at BSE, NSE | Tue, May 10, 2022 - Thu, May 12, 2022

Basis of Allotment - Prudent Corporate Advisory IPO

Category QIB NII Retail Employees Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)16,87,10125,30,65142,17,7524,21,7758,43,55112,65,32629,52,4271,13,83585,49,340
Allotment price (Rs.)630630630630630630630571629
No.of applications11243521312633939,55060240,526
No.of shares applied21,20,60027,77,82548,98,42579,1438,59,3499,38,49211,05,2421,15,25370,57,412
Amount collected (Rs.cr.)133.60 175.00 308.60 4.99 54.14 59.12 69.63 6.58 443.92
No.of times subscribed1.261.101.570.191.020.740.371.011.03
No.of shares allotted21,20,60025,30,65146,51,25179,1438,59,3499,38,49211,05,2421,13,83568,08,820
Amount (Rs.cr.)133.60 159.43 293.03 4.99 54.14 59.12 69.63 6.50 428.28
No.of allottees11243521312633939,55060240,526

IPO Shares Offered

Prudent Corporate Advisory IPO is a public issue of 0.85 Cr equity shares. The issue offers 0.30 Cr shares to retail investors, 0.42 Cr shares to qualified institutional buyers, and 0.13 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 42,17,752265.72 49.33%
    Anchor 25,30,651 159.43 29.60%
    QIB (Ex Anchor) 16,87,101 106.29 19.73%
NII 12,65,32679.72 14.80%
    bNII (> ₹10L)8,43,55153.14 9.87%
    sNII (< ₹10L)4,21,77526.57 4.93%
Retail29,52,427186.00 34.53%
Employee1,13,8357.17 1.33%
Total85,49,340538.61 100%

Prudent Corporate Advisory IPO Anchor Investor Allocation

A total of 25,30,651 shares at a price of Rs 630 per share will be allotted to the anchor investors.

Anchor investors bid opening dateMay 09, 2022
Anchor investor price₹630.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days12,65,326
No. of shares locked-in for 90 days12,65,326
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 DSP SMALL CAP FUND DSP MUTUAL FUND 2,77,771 17.50 10.98 4.08
2 AXIS LARGE & MID CAP FUND AXIS MUTUAL FUND 2,14,268 13.50 8.47 3.15
3 HDFC MULTI CAP FUND HDFC MUTUAL FUND 2,14,268 13.50 8.47 3.15
4 NIPPON INDIA GROWTH MID CAP FUND NIPPON INDIA MUTUAL FUND 2,14,268 13.50 8.47 3.15
5 HSBC SMALL CAP FUND HSBC MUTUAL FUND 1,37,771 8.68 5.44 2.02
6 QUANT SMALL CAP FUND QUANT MUTUAL FUND 1,37,771 8.68 5.44 2.02
7 MOTILAL OSWAL MIDCAP FUND MOTILAL OSWAL MUTUAL FUND 1,37,771 8.68 5.44 2.02
8 CANARA ROBECO SMALL CAP FUND CANARA ROBECO MUTUAL FUND 96,512 6.08 3.81 1.42
9 CANARA ROBECO CONSERVATIVE HYBRID FUND CANARA ROBECO MUTUAL FUND 41,259 2.60 1.63 0.61
10 UTI SMALL CAP FUND UTI MUTUAL FUND 81,042 5.11 3.20 1.19
11 UTI BANKING & FINANCIAL SERVICES FUND UTI MUTUAL FUND 56,729 3.57 2.24 0.83
12 ADITYA BIRLA SUN LIFE SMALL CAP FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 68,886 4.34 2.72 1.01
13 ADITYA BIRLA SUN LIFE BANKING & FINANCIAL SERVICES FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 68,885 4.34 2.72 1.01
14 HSBC FLEXI CAP FUND HSBC MUTUAL FUND 61,354 3.87 2.42 0.90
15 HSBC SMALL CAP FUND HSBC MUTUAL FUND 47,545 3.00 1.88 0.70
16 HSBC TAX SAVER EQUITY FUND HSBC MUTUAL FUND 28,872 1.82 1.14 0.42
17 KOTAK AGGRESSIVE HYBRID FUND KOTAK MAHINDRA MUTUAL FUND 42,872 2.70 1.69 0.63
18 KOTAK CONTRA FUND KOTAK MAHINDRA MUTUAL FUND 42,849 2.70 1.69 0.63
19 KOTAK ELSS TAX SAVER FUND KOTAK MAHINDRA MUTUAL FUND 42,849 2.70 1.69 0.63
20 KOTAK DEBT HYBRID FUND KOTAK MAHINDRA MUTUAL FUND 42,849 2.70 1.69 0.63
21 KOTAK PIONEER FUND KOTAK MAHINDRA MUTUAL FUND 42,849 2.70 1.69 0.63
22 INDIA ACORN FUND LTD. INDIA ACORN 2,14,268 13.50 8.47 3.15
23 KUBER INDIA FUND KUBER INDIA 1,37,770 8.68 5.44 2.02
24 SOCIETE GENERALE SOCIETE GENERAL 79,373 5.00 3.14 1.17
25,30,651159.4310037.17

IPO Subscription FAQs

The Prudent Corporate Advisory IPO is subscribed 1.2178 times by May 12, 2022 17:00.

Prudent Corporate Advisory IPO Subscription

Investor Category Subscription (times)
Qualified Institutional1.2575
Non Institutional0.9931
Retail Individual1.2911
Employee Reservations1.225
Total Subscription1.2178

Retail category of Prudent Corporate Advisory IPO subscribed 1.2911 times as of date May 12, 2022 17:00. The public issue closes on Thu, May 12, 2022 for bidding.

An investor can apply in Prudent Corporate Advisory IPO online via bank (using ASBA) or the broker (using UPI). The Prudent Corporate Advisory IPO shares are offered online only.

The Prudent Corporate Advisory IPO is subscribed 1.2178 times by May 12, 2022 17:00.

The Prudent Corporate Advisory IPO allotment status is expected on or around Wednesday, May 18, 2022. Visit Prudent Corporate Advisory IPO allotment status to check.

The Prudent Corporate Advisory IPO listing date is May 20, 2022. The equity share of Prudent Corporate Advisory IPO will list on BSE, NSE.

Visit Prudent Corporate Advisory IPO subscription status page for real-time bidding information about Prudent Corporate Advisory IPO.

Prudent Corporate Advisory IPO Timetable

IPO opens OnTuesday, May 10, 2022
IPO Closes OnThursday, May 12, 2022
Finalisation of Basis of AllotmentWednesday, May 18, 2022
Initiation of RefundsThursday, May 19, 2022
Credit of Shares to Demat AccountFriday, May 20, 2022
IPO Listing DateFriday, May 20, 2022
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