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Prospect Commodities Limited IPO

Prospect Commodities Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
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Lot Size:
Subscription:
Listed Price: ₹ 61.00 (+0.00%)

Prospect Commodities Limited's completed its IPO journey with a successful listing on BSE on 20-03-2023. 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 08-03-2023 to 13-03-2023 subscription window determined the final allocation pattern.

The basis of allotment was announced on 15-03-2023, 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
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.

IPO Reservation
Prospect Commodities IPO Key Performance Indicator
Company Financials ( In Lakhs )

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

NA


Prospect Commodities IPO Risk Factors

NA


Prospect Commodities IPO Lead Manager(s)

  • Interactive Financial Services Limited

Prospect Commodities IPO Promoter(s)

  1. Vimal Mishra
  2. Priyanka Mishra

Prospect Commodities IPO Company Details

Prospect Commodities Limited
Phone:
address:

Prospect Commodities IPO Registrar

Bigshare Services Private Limited
Name:
Phone:

Prospect Commodities IPO FAQs