Prospect Commodities Limited IPO
Prospect Commodities Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹61 per share. The stock debuted at ₹61 with a flat listing performance. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,22,000.
Prospect Commodities Limited IPO
- IPO Dates
- Mar 8, 2023 – Mar 13, 2023
- Price band
- ₹61 per equity share
- Minimum Investment
- ₹1,22,000
- Issue size
- 1,226,000 shares of ₹10(aggregating up to ₹7.48 Cr)
- Lot size
- 2000
- Allotment Date
- Mar 16, 2023
- Listing
- Mar 20, 2023
- Listing At
- BSE SME
IPO timeline
-
Mar 8, 2023
Open Date
Completed
-
Mar 13, 2023
Close Date
Completed
-
Mar 16, 2023
Allotment Date
Completed
-
Mar 20, 2023
Listing Date
Completed
Prospect Commodities Limited IPO Essentials
Prospect Commodities Limited IPO Details
Prospect Commodities Limited IPO is priced at ₹61 per share with a total issue size of 1,226,000 shares of ₹10(aggregating up to ₹7.48 Cr). The IPO has a lot size of 2000 shares and is listed on BSE SME.
- Issue price
- ₹61 per equity share
- Lot size
- 2000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 1,226,000 shares of ₹10(aggregating up to ₹7.48 Cr)
- Listing at
- BSE SME
- List price
- 61.0
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Interactive Financial Services Ltd
Prospect Commodities Limited IPO Analytics
Prospect Commodities Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Prospect Commodities Limited IPO Subscription Status
Prospect Commodities Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 582,000 | 582,000 | 1,164,000 |
|
Day 1
08-03-23 06:00 PM
|
(3.92) x | 0.22 x | 2.07 x |
|
Day 2
09-03-23 06:00 PM
|
(4.17) x | 0.62 x | 2.39 x |
|
Day 3
10-03-23 06:00 PM
|
(4.65) x | 1.63 x | 3.13 x |
|
Day 4
13-03-23 06:00 PM
|
(6.85) x | 3.76 x | 5.31 x |
Prospect Commodities Limited Valuations
Earnings
- EPS (Post IPO)
- ₹16.78/-
Returns
- RoNW
- 17.99%
Prospect Commodities Limited Financials( In Lakhs)
| 30-Nov-22 | 31-Mar-22 | |
|---|---|---|
| Assets | 977.07 | 1.05 |
| Revenue | 839.98 | 0.00 |
| Profit After Tax | 52.85 | -0.15 |
Prospect Commodities Limited Company & Offer Insights
About Prospect Commodities Limited
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 Promoter(s)
Vimal Mishra, Priyanka Mishra are the company's promoters of Prospect Commodities Limited.
Prospect Commodities Limited IPO Issue Objectives
- •
- Repayment of Unsecured Loans
- •
- Long-term working capital requirement
- •
- General Corporate Purpose
- •
- Meeting Public Issue Expenses.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Prospect Commodities Limited IPO is a Fixed Priced IPO worth ₹1,226,000 shares of ₹10(aggregating up to ₹7.48 Cr). The issue price is ₹61 per share (fixed price). The IPO opens on Mar 8, 2023 and closes on Mar 13, 2023. It will be listed on BSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The issue price of Prospect Commodities Limited IPO is ₹61 per share (fixed price).
The lot size of Prospect Commodities Limited IPO is 2000 shares.
The minimum investment for Prospect Commodities Limited IPO is approximately ₹1,22,000 based on the issue price .
Prospect Commodities Limited IPO opens on Mar 8, 2023 and closes on Mar 13, 2023.
The allotment date of Prospect Commodities Limited IPO is Mar 16, 2023.
Prospect Commodities Limited IPO is expected to be listed on Mar 20, 2023, on BSE SME Platform.
Prospect Commodities Limited IPO valuation snapshot: P/E N/A, EPS ₹16.78/-, P/B N/A, RoNW 17.99%, and market cap N/A.
To apply for Prospect Commodities Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Prospect Commodities Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Prospect Commodities Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Prospect Commodities Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Prospect Commodities Limited IPO allotment status on IPO Ji for quick and easy access.