Prudent Company IPO: The IPO of Prudent Company goes to open from 10 Could 2022. Prudent Company goes to lift Rs 538.6 crore from the market by means of IPO. Nevertheless, the corporate is bringing its IPO when the market is witnessing big volatility.
Value Band of Prudent Company IPO
The IPO of Prudent Company will open on Could 10 and buyers will be capable of apply until Could 12. The corporate has mounted a worth band of Rs 595 to 630 per share for the IPO. The face worth of the corporate’s share is Rs 5 per share. Buyers can apply for at least 23 shares. 35 % quota of retail buyers has been saved in reserve within the IPO. In line with the IPO worth, the market worth of the corporate involves Rs 2608 crore.
Prudent Company gives totally different expertise platforms for investing in Mutual Funds, Insurance coverage, Fairness. The corporate sells each on-line and offline. The corporate has 23,642 mutual fund distributors. The corporate has bought mutual fund schemes to 13,51,274 retail buyers. The corporate is current in 110 cities in 20 states. The corporate’s income in 2020-21 was Rs 294 crore, on which internet revenue was Rs 45.2 crore.
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