The enthusiasm among companies to raise money from the primary markets has been unrelenting. Two more companies have filed preliminary papers with the market regulator Securities and Exchange Board of India (SEBI). MedPlus Health Services files Rs 1,639 cr IPO papers while Prudent Corporate Advisory Services also files IPO papers. More details here

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IPO WATCH – Ixigo, VLCC Health Care file draft papers with SEBI – fund raising, objectives, promotes – Some Key Details Here

Prudent Corporate Advisory Services is an independent retail wealth management services group (excluding banks) in India and is in the business of mutual fund distribution.

As on May 2021, the company provided wealth management services to 7.73 lakh retail investors through 17,583 mutual fund distributors on its B2B2C platform and is spread across branches in 105 locations in 20 states.