:::LALKAR GROUP::::

Prudent Corporate Advisory Services Ltd

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.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
10-May-22	12-May-22	630.00-0.00	0.00-0.00

Minimum Application for shares in Nos : 23 Further Multiples of : 23

	(Rs)	Lead Managers to the Issue
Project Cost	0.00	Axis Capital Ltd
Project Financed through Current Offer	537.94
Post Issue Equity Share Capital	20.70
Issue Price	630.00

Projects

Listing of Shares on the Stock Exchanges

Promoted By

Sanjay Shah

Listing At

BSE

NSE

Registrar to the Issue

No Data Available