The Company was incorporated on June 4, 2003, as ÂPrudent Corporate Advisory Services LimitedÂ, a public limited company under the Companies Act, 1956, pursuant to a certificate of incorporation issued by the RoC. The Company commenced its operations pursuant to a certificate for commencement of business dated June 20, 2003, issued by the RoC.
Major events and milestones of the Company :
2000
- Started offering financial services in the name ÂPrudent Fund ManagerÂ
2003
- Incorporation of the Company
- Obtained ARN to provide Mutual Fund Distribution services
2006
- Launched Partner Network
2010
- Launched Property Advisory /Distribution services
2016
- Obtained SEBI RIA license to provide Investment Advisory services
- Obtained the PFRDA Point of Presence license for NPS Distribution
- Launched Fundzbazar platform (www.fundzbazar.com)
2017
- Launched NPS on Fundzbazar
- Obtained RERA Real Estate Agent License in Gujarat
- Obtained RERA Real Estate Agent License in Maharashtra
- Launched Online paperless empanelment for Mutual Fund Distributors
- Crossed an AUM of Rs. 100,000 million
2018
- Launched Fundzbot on Fundzbazar
2019
- Launched Prudent Private Wealth
- Launched fixed income investment options (bond investing) on Fundzbazar
- Crossed an AUM of Rs. 200,000 million
2020
- Launched Creditbasket (www.creditbasket.com)
- Obtained registration from SEBI to act as a stock broker under the SEBI Stock Brokers Regulations
2021
- Launched stock broking on Fundzbazar
- Launched LakshMe - A CSR intiative (www.lakshme.com)
- Obtained RERA Real Estate Agent License in Karnataka
- Crossed an AUM of Rs. 300,000 millionÂ
2022
- Prudent Corporate Advisory Services IPO subscribed 36%.Offer received bids for 21.85 lakh shares as against 60.18 lakh shares on offer.
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