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Prospect Commodities Ltd. IPO

BSE SME Fixed Price IPO Fresh Capital Closed
GMP +₹0 +0% Est. Listing ₹61
Issue Price
₹61
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹61
GMP based
Lot Size
2,000
shares / lot
Min Amount
₹122,000
1 lot · 2,000 shares
Opens
08 Mar
Closed
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
08 Mar 2023
Wed Completed
Done
Close Date
13 Mar 2023
Mon Completed
Done
Allotment
16 Mar 2023
Thu Completed
Done
Refund
17 Mar 2023
Fri Completed
Done
Demat Credit
20 Mar 2023
Mon Completed
Done
Listing Date
20 Mar 2023
Mon Completed
UPI Deadline: 13 Mar 2023
Issue Details
Pricing & Size
Issue Price
₹61 Face ₹10
Lot Size
2,000 shares
Min Investment
₹122,000
Total Issue Size
12,26,000 shares (aggregating up to ₹7.48 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
62,000 (5.06%)
QIB Portion
-
NII / HNI
5,82,000 (47.47%)
Retail
5,82,000 (47.47%)
Employee
-
Net Offer to Public
11,64,000 shares (aggregating up to ₹7.10 Cr)
Shareholding Pattern
Pre-Issue Shareholding
28,64,500 shares
Post-Issue Shareholding
40,90,500 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 2,000 ₹1,22,000
HNI / NII 2 4,000 ₹2,44,000
Objects of Issue
3 objectives
1
Repayment of Unsecured Loans
0.50 Cr
2
Long-term working capital requirement
0.40 Cr
3
General Corporate Purpose,
1.60 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Interactive Financial Services Ltd
Market Maker
Beeline Broking Ltd
IPO Timeline
Open
08 Mar
✓ Done
Close
13 Mar
✓ Done
Allotment
16 Mar
✓ Done
Listing
20 Mar
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
info@prospectcommodities.com
Phone
079-48000696
Address
417, Sun Orbit B/h. Rajpath Club Road, Bodakdev, Ahmedabad - 380054 Ahmedabad, Gujarat
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹61
Est. Listing
₹61
Lot Size
2,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
GMP Updates
No GMP updates recorded yet. Every time the GMP changes, the date and time are saved here automatically.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB — — — —
NII / HNI (Total) — 5,82,000 (47.47%) — —
Retail Investors — 5,82,000 (47.47%) — —
Market Maker * 1× 62,000 (5.06%) 62,000 (5.06%) ₹3.78 Cr
Total ** — 12,26,000 (100.00%) — —
* Based on ₹61.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
5,82,000 (47.47%)
Retail
5,82,000 (47.47%)
Market Maker
62,000 (5.06%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Day-wise Subscription
Day-wise subscription (Day 1, Day 2 ...) will appear here once the IPO is open and bidding numbers are recorded.
Financial Summary
Amount in ₹ Lakhs
Metric30-Nov-2231-Mar-22
Revenue839.980.00
PAT52.85-0.15
EBITDA——
Net Worth293.700.85
Total Assets977.071.05
Reserves52.70-0.15
Borrowings363.570.05
Key Financial Ratios
31.44
Pre P/E
P/E Pre-Issue
About Prospect Commodities Ltd.

Incorporated in 2022, Prospect Commodities Limited is majorly into the international trade of "Agro Products". The entity was recently incorporated as a company, earlier the operations were managed and controlled through the partnership firm under the name "M/s Fortune Exports".

The Promoter and Managing Director of the company, Mr. Vimal Mishra has experience of over a decade in different fields which harnesses the company's growth in the right direction.

Prospect Commodities Limited is in the business of trading cashew in the B2B Market. The entity sells the Cashews to wholesalers in the state of Gujarat. The cashews are packed in a tin of 10 KG. The Company buys RCN (Raw Cashew Nut) from Gujarat vendors itself, who are importing RCN from other countries and also from Kolam, Tuticorin, and Mangalore.

The products of Prospect include various grades of Cashews largely sold in Gujarat. These cashew grades are based on the size and color of the cashew nuts. The company has the following premium grades of Cashew to offer W400, W320, W240, W210, and W180.

Cashew Nuts themselves are premium dry fruit and require multiple processing stages to be sold as a finished product. Before reaching the doorstep of the end customer, the nuts undergo a series of processes. Prospect Commodities Limited undertakes the following processes:

  1. Cleaning
  2. Boiling and Cooling
  3. De Shelling
  4. Drying
  5. Moisture and Peeling
  6. Sorting
  7. Drying
  8. Grading
  9. Manual Sorting and Grading
  10. Drying before Dispatch
  11. Packing and Dispatch
Frequently Asked Questions
What is the issue price of Prospect Commodities Ltd. IPO?
The issue price of Prospect Commodities Ltd. IPO is ₹61 per share, face value ₹10.
What is the lot size?
Minimum lot size is 2,000 shares, requiring ₹122,000.
What are the IPO dates?
Opens 08 Mar 2023, closes 13 Mar 2023.
When is the listing date?
Tentative listing: 20 Mar 2023 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹61 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Prospect Commodities Ltd. IPO · Expected 16 Mar 2023

Check on Registrar
Post-IPO Timeline
Allotment Date
16 Mar 2023
Refund Initiation
17 Mar 2023
Demat Credit
20 Mar 2023
Listing Date
20 Mar 2023
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹61
Face ₹10
Lot Size
2,000
shares / lot
Min Amount
₹122,000
1 lot
Est. Listing
₹61
GMP +₹0
Key Dates
Open
08 Mar Done
Close
13 Mar Done
Listing
20 Mar Done
Registrar
Bigshare Services Pvt.Ltd
A
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