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Prospect Commodities Ltd.

Prospect Commodities Ltd.

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹61
₹61
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹61
Based on GMP
Min. Investment
₹122,000
1 lot × 2000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
08 Mar 2023
Close Date
13 Mar 2023
Allotment
16 Mar 2023
Listing Date
20 Mar 2023
Exchange
BSE SME
Price Band
₹61
Listing Price
See chart
Allotment Status
Price Band
₹61
Per share
Face Value
₹10 per share
 
Lot Size
2,000 Shares
per lot
Issue Size
12,26,000 shares (aggregating up to ₹7.48 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹122,000
1 lot
Pre-IPO Holding
28,64,500 shares
Promoters
Post-IPO Holding
40,90,500 shares
Promoters
P/E (Pre)
31.44x
 
UPI Deadline
2023-03-13
Mandate
Anchor AllotmentTue, 07 Mar 2023
Basis of AllotmentThu, 16 Mar 2023
Refund InitiationFri, 17 Mar 2023
Demat CreditMon, 20 Mar 2023
Listing DayMon, 20 Mar 2023
UPI Mandate Deadline2023-03-13
Sale TypeFresh Capital
Net Offer to Public11,64,000 shares (aggregating up to ₹7.10 Cr)
Market Maker Quota62,000 shares (aggregating up to ₹0.3782 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Prospect Commodities Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 13 Mar 2023.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
62,000
₹0.38
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
1,226,000
100% ₹7.48
IPO Shares Offered
Prospect Commodities Ltd. IPO total issue size: ₹7.48 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 62,000 ₹0.38
5.06%
Total 1,226,000 ₹7.48
100.00%
* Based on upper price band ₹61 per share
Lot Size & Investment
Lot Size
2,000
Shares per Lot
Issue Price
₹61.00
Upper Band
Min Investment
₹122,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)24,000₹244,000
Retail (Max — 13 Lots)1326,000₹1,586,000
S-HNI (Min — 14 Lots)1428,000₹1,708,000
B-HNI (Min — 68 Lots)68136,000₹8,296,000
* Issue Price ₹61 × Lot Size 2,000 shares
IPO Schedule
Anchor
07 Mar 2023
✓ Done
IPO Open
08 Mar 2023
✓ Done
IPO Close
13 Mar 2023
✓ Done
Allotment
16 Mar 2023
✓ Done
Refunds
17 Mar 2023
✓ Done
Demat Credit
20 Mar 2023
✓ Done
Listing Day
20 Mar 2023
✓ Done
Prospect Commodities Ltd. — Live Price LIVE
₹61.00
INR · BSE
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Issue ₹61.00 Live Price
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:CleaningBoiling and CoolingDe ShellingDryingMoisture and PeelingSortingDryingGradingManual Sorting and GradingDrying before DispatchPacking and Dispatch
Objects of the Issue
1
Repayment of Unsecured Loans
2
Long-term working capital requirement
3
General Corporate Purpose,
Prospect Commodities Ltd. Financials (Amount in ₹ Lakhs)
Revenue from Operations
N/A
FY 2022-23
N/A
31-Mar-22
₹840.0
30-Nov-22
Profit After Tax (PAT)
N/A
FY 2022-23
-₹0.2
31-Mar-22
₹52.9
30-Nov-22
Particulars30-Nov-2231-Mar-22FY 2022-23
Revenue from Operations 839.98 0.00 N/A
EBITDA N/A N/A N/A
Profit After Tax (PAT) 52.85 -0.15 N/A
Net Worth 293.70 0.85 N/A
Total Assets 977.07 1.05 N/A
Reserves & Surplus 52.70 -0.15 N/A
Borrowings 363.57 0.05 N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered12,26,000 (100.00%)
Net Offer to Public11,64,000 shares (aggregating up to ₹7.10 Cr)
Reserved for Market Maker62,000 shares (aggregating up to ₹0.3782 Cr)
Pre-Issue Promoter Holding28,64,500 shares
Post-Issue Promoter Holding40,90,500 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Interactive Financial Services Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Prospect Commodities Ltd. IPO subscribed?

Prospect Commodities Ltd. IPO is subscribed 1.00 times by Mar 13, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Prospect Commodities Ltd. IPO retail subscription status?

The Prospect Commodities Ltd. IPO retail category is subscribed 1.00 times as of 13 Mar 2023. The retail portion is oversubscribed.

How to subscribe Prospect Commodities Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 08 Mar 2023 and closes 13 Mar 2023. Min investment: ₹122,000 (1 lot = 2,000 shares). UPI mandate: 2023-03-13.

How many times Prospect Commodities Ltd. IPO subscribed?

The Prospect Commodities Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Prospect Commodities Ltd. IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 16 Mar 2023. Refunds: on 17 Mar 2023.

When Prospect Commodities Ltd. IPO will be listed?

The Prospect Commodities Ltd. IPO listing date is 20 Mar 2023, Monday. Listed on: BSE SME. Issue price: ₹61. Estimated listing: ₹61. GMP: NIL.

When Prospect Commodities Ltd. IPO close?

The Prospect Commodities Ltd. IPO closes on 13 Mar 2023, Monday. UPI mandate: 2023-03-13. Allotment: 16 Mar 2023. Listing: 20 Mar 2023.