The Company was incorporated on June 4, 2003, as `Prudent Corporate Advisory Services Limited', 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 `Prudent Fund Manager'
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 million
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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