Prospect Commodities Limited

Offer PeriodMar 08, 2023 – Mar 13, 2023

BSE - SMEListed

Listed Price

₹61.00

+0.00%

Price Band₹61 - ₹61

Lot Size2,000 Shares

Allotment DateMar 15, 2023

Listing DateMar 20, 2023

Subscription5.31 Times

Issue Size₹7.48 Cr

Check Allotment

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IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹0
(0.00%)

Premium (ELP)

Prospect Commodities Limited's completed its IPO journey with a successful listing on BSE on Mar 20, 2023. The public offering mobilized 12,26,000 Shares in total capital, comprising 12,26,000 Shares in fresh equity.

The offering was conducted within the price band of ₹61 to ₹61, with minimum application lots of 2000 shares. Investor participation during the Mar 08, 2023 to Mar 13, 2023 subscription window determined the final allocation pattern.

The basis of allotment was announced on Mar 15, 2023, finalizing share distribution to successful applicants. The listing represents a significant corporate development, providing the company with enhanced visibility and access to public capital markets.

Prospect Commodities IPO Details

IPO Date

Mar 08, 2023 to Mar 13, 2023

Allotment Date

Mar 15, 2023

List Date

Mar 20, 2023

Lot Size

2,000 share

Issue Price

₹61 - ₹61

Issue Size

12,26,000 (aggregating up to 7.48 Cr)

Fresh Issue

12,26,000 (aggregating up to 7.48 Cr)

Offer For Sale

Listing At

BSE

Share Holding Pre-Issue

28,64,500

Share Holding Post-Issue

40,90,500

Market Marker Portion

62,000

Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

Category	Lot(s)	Qty	Amount

Category	Lot(s)	Qty	Amount
Retail (Min)	1	2000	1,22,000
HNI	2	4000	2,44,000

IPO Reservation

Shares12,26,000

Market Maker

5.06%(62,000)

NII (HNI)

47.47%(5,82,000)

RETAIL

47.47%(5,82,000)

Total

100.00%(12,26,000)

Prospect Commodities IPO Key Performance Indicators

KPI

KPI
No data

Company Financials (In Lakhs)

Period Ended	Mar 2022	Nov 2022

Period Ended	Mar 2022	Nov 2022
Assets	1.05	977.07
Revenue	0.00	839.98
Net Worth	0.85	293.70
profit After Tax	-0.15	52.85
Reserves And Surpluse	-0.15	52.70
Total Borrowing	0.05	363.57

Prospect Commodities IPO About Company

Incorporated in 2022, Prospect Commodities Limited is primarily engaged in the international trade of agro products, focusing mainly on cashew trading in the B2B market. Earlier operating as a partnership firm under the name “M/s Fortune Exports,” the company was later incorporated under its current name. Led by its Promoter and Managing Director, Mr. Vimal Mishra, who brings over a decade of experience across various sectors, the company has built a strong presence in Gujarat’s wholesale cashew market. Prospect Commodities sources Raw Cashew Nuts (RCN) from local Gujarat vendors, who import from countries like Kolam, Tuticorin, and Mangalore, and sells premium cashew grades such as W400, W320, W240, W210, and W180 in 10 kg tins. Each batch undergoes multiple processing stages including cleaning, boiling, de-shelling, drying, peeling, grading, and packaging to ensure top-quality products for its clients.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

✅Prospect Commodities IPO Strength Factors

⚠️Prospect Commodities IPO Risk Factors

🏦Prospect Commodities IPO Lead Manager(s)

Interactive Financial Services Limited

👤Prospect Commodities IPO Promoter(s)

Vimal Mishra
Priyanka Mishra

🏢Prospect Commodities IPO Company Details

Prospect Commodities Limited

Email:info@prospectcommodities.com

Phone:079-48000696

Website:http://www.prospectcommodities.com/

address:417, Sun Orbit B/h. Rajpath Club Road, Bodakdev, Ahmedabad - 380054

📋Prospect Commodities IPO Registrar

Bigshare Services Private Limited

Name:Bigshare Services Private Limited

Phone:+91-22-6263 8200

Email:ipo@bigshareonline.com

Website:https://www.bigshareonline.com/

❓Prospect Commodities IPO FAQs

Prospect Commodities IPO is a main-board IPO of 12,26,000 equity shares of the face value of ₹10 per share aggregating up to ₹0.00 crore shares. The issue is priced at ₹61 - ₹61 per share. The minimum order quantity is .The IPO opens on Mar 08, 2023, and closes on Mar 13, 2023. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE.

Zerodha customers can apply online in Prospect Commodities IPO using UPI as a payment gateway. Zerodha customers can apply in Prospect Commodities IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Prospect Commodities IPO through Zerodha (1) Visit the Zerodha website and login to Console. (2) Go to Portfolio and click the IPOs link. (3) Go to the 'Prospect Commodities IPO' row and click the 'Bid' button. (4) Enter your UPI ID, Quantity, and Price. (5) Submit IPO application form. (6) Visit the UPI App (net banking or BHIM) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.

The Prospect Commodities IPO opens on Mar 08, 2023 and closes on Mar 13, 2023.

You can apply in Prospect Commodities IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Prospect Commodities IPO will be done on Mar 15, 2023, and the allotted shares will be credited to your demat account by Mar 15, 2023

Prospect Commodities IPO's listing date is Mar 20, 2023.

Prospect Commodities Limited

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹0(0.00%)

Premium (ELP)

₹0
(0.00%)