Prudent Corporate Advisory IPO GMP – Check Latest IPO Grey Market Premium
Last Updated Date: Jul 12, 2022Prudent Corporate Advisory Services is about to release its IPO on May 10, 2022. However, the issue is closing on May 12, 2022 and is currently having an active grey market.
The Prudent Corporate Advisory IPO GMP is running at a stable rate as per the current situation.
In other words, the GMP or the Grey Market Premium is the premium amount, at which the IPO shares are traded before getting listed in the stock market.
However, the QIB and the HNI numbers are the key indicators of GMP in the case of Prudent Corporate Advisory Services IPO. The company is intended to raise around Rs 538.61 crore by the released issue.
Prudent Corporate Advisory IPO GMP Rates, Kotak rates & SS
In short, this particular table represents everything related to the IPO event from its opening and closing date.
Along with the face value of the issue, you can check this table related to know the IPO GMP, Kostak, Subject to Sauda and more.
Date | GMP (in INR) | Kostak (in INR) | Subject to Sauda (in INR) |
20th May 2022 | (Rs.5) | Rs.250 | Rs.500 |
19th May 2022 | Rs.20 | Rs.250 | Rs.500 |
18th May 2022 | Rs.20 | Rs.250 | Rs.500 |
17th May 2022 | Rs.20 | Rs.250 | Rs.500 |
16th May 2022 | Rs.15 | Rs.250 | Rs.500 |
13th May 2022 | NA | Rs.250 | Rs.500 |
12th May 2022 | Rs.30 | Rs.250 | Rs.500 |
11th May 2022 | Rs.25 | Rs.250 | Rs.500 |
10th May 2022 | Rs.35 | Rs.250 | Rs.500 |
9th May 2022 | Rs.30 | Rs.250 | Rs.500 |
7th May 2022 | Rs.30 | NA | Rs.500 |
6th May 2022 | Rs.35 | NA | Rs.500 |
5th May 2022 | Rs.25 | NA | NA |
4th May 2022 | Rs.35 | NA | NA |
3rd May 2022 | Rs.30 | NA | NA |
Check out Related IPO Links:
Review Prudent Corporate Advisory IPO |
Prudent Corporate Advisory IPO Allotment |
LIVE Subscription – Prudent Corporate Advisory IPO |
Open Free Demat Account Now!
Prudent Corporate Advisory Services IPO Date / Timetable
Here, you will find the important dates and events of this IPO. Check the allotment status, visit us again once the subscription date is over.
IPO Open Date | May 10, 2022 |
IPO Close Date | May 12, 2022 |
Basis of Allotment Date | May 18, 2022 |
Initiation of Refunds | May 19, 2022 |
Credit of Shares to Demat Account | May 20, 2022 |
IPO Listing Date | May 23, 2022 |
Prudent Corporate Advisory Services IPO – Financial Performance
The below-given table will give you an overall idea of the company’s financial performance. Check their net profit and loss statement about Prudent Corporate Advisory Services IPO.
Amount (in INR & Million) | ||||
31-Dec-21 | Mar-21 | 31-Mar-20 | 31-Mar-19 | |
Assets | 3,873.40 | 2,849.30 | 1,960.75 | 1,932.15 |
Revenue | 3,279.98 | 2,948.96 | 2,362.20 | 2,250.58 |
Expense | 2,503.06 | 2,343.72 | 1,987.86 | 1,944.87 |
Profit After Tax | 576.28 | 452.97 | 278.53 | 210.19 |
Earnings per Equity Share (in Million)
Earnings per Equity Share (in Million) | ||||
31-Dec-21 | Mar-21 | 31-Mar-20 | 31-Mar-19 | |
Basic & Diluted | 13.94 | 10.96 | 6.74 | 5.08 |
FAQs Related to Prudent Corporate Advisory Services IPO GMP
Check out FAQs on Prudent Corporate Advisory Services IPO Grey Market Premium here –
What is the current Prudent Corporate Advisory Services IPO GMP Price?
As of today, the Prudent Corporate Advisory Services IPO GMP is Rs.20.
What is the current Prudent Corporate Advisory Services IPO Kostak Rate?
The Kostak rate is Rs 250 for Prudent Corporate Advisory Services IPO.
What is today’s Prudent Corporate Advisory Services IPO Subject to Sauda Rate?
As of today, the Prudent Corporate Advisory Services IPO Subject to Sauda is Rs.500.
Where to Check Prudent Corporate Advisory Services IPO Allotment & Listing?
However, if you don’t want to miss out on the issue’s allotment status and the listing, you can refer to this LINK given here: IPO Allotment Status
What is Kostak Price?
To apply for an IPO, there is an application price or application charges that come along and is known as Kostak price. Actually, it is the premium amount at which IPO applications are being traded in the grey market.
Is GREY market buy or sell shares illegal?
Grey Market is basically trading that takes place before the stock of a company gets enlisted on the stock exchange.
It takes place before the IPO release and the prices may change at any time. Hence, it is unofficial trading and hence, not “illegal”.
Disclaimer:
The Prudent Corporate Advisory Services IPO GMP which is mentioned in the table here is only valid for a specific date as mentioned in the header section. The Kostak is the premium that one gets by selling her/his IPO application to someone else before listing the issue. He or she can sell it in an off-market transaction. However, we aren’t buying/selling IPO forms on the IPO Grey market.
It is also requested that please do not subscribe for an IPO by just seeing the premium price. The reason being, the premium price varies and can change anytime before listing. Please subscribe only after considering the fundamentals of the companies.