Prudent Corporate Advisory Services Ltd - Prospectus Synopsis

Prudent Corporate Advisory Services Ltd pdf Icon RHP

Registered Office : Prudent House 3 Panjarapole , Cross Road Ambawadi , Ahmedabad - 380015 , Gujarat , India.

Phone : 91-79-40209600  Fax :

Email :cs@prudentcorporate.com    Website : www.prudentcorporate.com

Initial public offer of 8,549,340# equity shares of face value of Rs. 5 each (the Equity Shares) of Prudent Corporate Advisory Services Limited (The Company) for cash at a price of Rs. 630 per equity share (including a share premium of Rs. 625 per equity share) aggregating to Rs. 537.94 crores# (the Offer), comprising an offer for sale of 8,281,340# equity shares aggregating to Rs. 521.07 crores# by Wagner Limited (Wagner) and 268,000# equity shares aggregating to Rs. 16.86 crores# by Shirish Patel (together with Wagner, the Selling Shareholders). This offer included a reservation of 113,835# equity shares aggregating to Rs. 6.50 crores# (constituting up to 0.27% of the post-offer paid-up equity share capital of the company) for purchase by eligible employees (the Employee Reservation Portion). The offer less the employee reservation portion is hereinafter referred to as the Net Offer:. The offer and the net offer constitutes at least 20.65% and 20.37% of the post-offer paid-up equity share capital, respectively. # subject to finalization of the basis of allotment. The face value of the equity shares is Rs. 5 each. The offer price is 126 times the face value of the equity shares. Price Band:Rs. 630 per equity share of face value of Rs. 5 each. Bids can be made for a minimum of 23 equity shares and in multiples of 23 equity shares thereafter.

IssueMoney Payable On
Opens OnCloses OnApplicationAllotment
5/10/2022 12:00:00 AM 5/12/2022 12:00:00 AM Rs 630 - 0Rs 0 - 0
Minimum Application for shares in Nos : 23 Further Multiples of : 23
 Rs CrLead Managers to the Issue
Project Cost 0 Axis Capital Ltd
Project Financed through Current Offer 537.94  
Post Issue Equity Share Capital 0  
Issue PriceRs. 630 
Projects
Listing of Shares on the Stock Exchanges
Promoted ByListing AtRegistrar to the Issue
Sanjay Shah
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