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Prospect Commodities SME IPO Details 2023

SME IPO Status: Listed [8th Mar 2023 to 13th Mar 2023]

Rated 3/5 by Team InvestorGain
Prospect Commodities SME IPO Detail

Prospect Commodities Limited offers a SME IPO issue size of 1,226,000 equity shares worth Rs 7.48 Cr. The subscription for this SME IPO is opening from 08 Mar 2023 to 10 Mar 2023. The face value of the equity share is Rs 10 per share. The issue price for this SME IPO is fixed at Rs 61 per share along with the lot size of 2000 shares and its multiples.

Stay updated with us to know more about the Prospect Commodities Limited IPO Review including company overview, financial, live subscription, allotment, GMP, and more.

Prospect Commodities SME IPO Details

SME IPO Issue Opening Date: 8th Mar 2023
SME IPO Issue Closing Date: 13th Mar 2023
SME IPO Issue Price: ₹61 Per Share
DRHP: Download DRHP
RHP: Download RHP
IPO Listing At: BSE SME
Retail Quota: 50% of the Net Issue
SME IPO Issue Type: Fixed Price Issue
SME IPO Issue Size: ₹7.48 Cr
Fresh Issue: ₹7.48 Cr
Face Value: ₹10 Per Equity Share
SME IPO Discount: TBD
Promoter Holding Pre IPO: 88.44%
Promoter Holding Post IPO: 61.94%
Allotment Status: Allotment Status
BSE Code: 543814

Prospect Commodities SME IPO Important Dates

Get important updates regarding Prospect Commodities SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.

Prospect Commodities SME IPO dates
SME IPO Activity Date
Basis of Allotment Date* 16th Mar 2023
Refunds Initiation* 17th Mar 2023
Credit of Shares to Demat* 20th Mar 2023
SME IPO Listing Date* 20th Mar 2023

* - Tentative Dates

Prospect Commodities SME IPO Lots

SME IPO Activity Date
Issue Price ₹61
Market Lot: 2000 Shares
1 Lot Amount: ₹122000
Min HNI Lots: 4000 shares (2 lots)

Prospect Commodities IPO GMP**

GMP DateIPO PriceGMPSub2 Sauda RateExpected Listing GainLast Updated
20-03-2023612--₹63 (3.28%)20-Mar-2023 10:07
IPO Live GMP
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**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.

About Company - Prospect Commodities

This company was initiated in the year 2006 under the name of "Prospect Commodities Limited" by the promoter and Managing Director Mr Vimal Mishra. His more than a decade of experience in different fields like sales in charge, project management and working with the logistics company helped him to expand his business in the international market.

From 2015 to 2017, the partnership firm was mainly in trading of pulses viz Mung. In 2017, the partnership firm has started importing Cashew Husk from Vietnam and selling the same to various units of tanning industry in India Only. From 2018 to 2020 the Partnership Firm was in trading of Fruits like Banana, Dragon Fruit, Water Mallon & Musk Mallon etc. & Dry Fruits like Walnuts & Cashew. Dragon Fruit & Walnuts were imported from the Vietnam and were traded in the Pan India Market.

Its product includes Cashews of different grades and packed in 10 KG tin pack. The Grade of the cashew nuts are on the basis of size of the cashew nuts and the colour of the cashew nuts. This Company has following premium grades such as W400, W320, W240, W210 and W180, DW and SW. During the Production, the company also get the Broken cashew nuts, split cashew nuts which are also sold in the market. The products are processed under hygienic condition following the specific food grade standards recommended by the industry.

Prospect Commodities SME IPO Strengths

  • Experienced Promoter
  • Existing client relationship
  • Strategically located manufacturing facilities with modern machines.
  • Quality Service
Incorporation Sector IPO Issue Size Website
NULL NULL ₹7.48 Cr http://www.prospectcommodities.com/

Prospect Commodities SME IPO Objective

The Company proposes to utilize the Net Proceeds from the issue towards the following objects:

  1. Repayment of Unsecured Loans
  2. Long-term working capital requirement
  3. General Corporate Purpose
  4. Meeting Public Issue Expenses.
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Prospect Commodities SME IPO Live Subscription (NSE + BSE)

The table below is live update of SME IPO bidding details from NSE and BSE.

  • Non-Institutional Investors: 582,000 Shares
  • Retail Individual Investor: 582,000 Shares
IPO Bidding Live Updates from BSE + NSE
Day NIIRIITotal
 # of Shares Offered582,000 (50%)582,000 (50%)1,164,000
18th Mar 2023 17:013.92x0.22x2.07x
29th Mar 2023 19:044.17x0.62x2.40x
310th Mar 2023 19:044.65x1.63x3.14x
413th Mar 2023 19:046.85x3.76x5.31x
Prospect Commodities Limited Financial Information (Restated Standalone)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-221.050.00-0.150.85-0.150.05
30-Nov-22977.07839.9852.85293.7052.70363.57
Amount in ? Lakhs

Company Address

Prospect Commodities Limited
417, Sun Orbit B/h. Rajpath Club Road, Bodakdev
Ahemdabad,Gujarat-380054
India
Website: http://www.prospectcommodities.com/
Phone: 079-48000696
Email: [email protected]

Prospect Commodities SME IPO Registrar

Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai - 400 059
Website: https://ipo.bigshareonline.com/IPO_Status.html
Phone: +91-22-6263 8200
Email: [email protected]

Prospect Commodities SME IPO Lead Manager

Prospect Commodities SME IPO Important dates - Issue Open Date, close Date, SME IPO Listing Date. SME IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, SME IPO Listing date. What is the issue open date and close date for Prospect Commodities? Should I apply in Prospect Commodities SME IPO?

Last Updated on 23-Mar-2023 09:00:14

FAQs

Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Prospect Commodities SME IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Prospect Commodities SME IPO with Zerodha.

Alternate approch to apply in Prospect Commodities SME IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.

Prospect Commodities SME IPO Review and Important Updates

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Apply in Prospect Commodities SME IPO online

To subscribe or apply in Prospect Commodities SME IPO, you can use the following methods:

Prospect Commodities SME IPO Applying ModeMethodDetails
Online Application3-in-1 Trading Account

If your broker is 3-in-1 service provider, you can apply in Prospect Commodities SME IPO directly with your brokers website. Example HDFC Securities, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.

Online Application2-in-1 Trading Account

Brokers like Zerodha, TradeSmart Online provides access to applying in Prospect Commodities SME IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.

Online ApplicationASBA

This is one of the most popular mode of applying in Prospect Commodities SME IPO. Most of the Syndicate Banks provide access to apply in Prospect Commodities IPO via ASBA process. You must have your net banking access, DP ID information to apply in Prospect Commodities SME IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.

Offline ApplicationPhysical Form

You can apply in Prospect Commodities SME IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.

Prospect Commodities SME IPO Review and Important Updates

Other relevant question on same topics are:

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Prospect Commodities SME IPO Application is not yet available.

 

Prospect Commodities SME IPO is going to be list on 20-03-2023. NSE Code for Prospect Commodities is . BSE Code for Prospect Commodities is 543814.

Other relevant questions:

When Prospect Commodities SME IPO will be listing? Prospect Commodities SME IPO NSE listing date?Prospect Commodities SME IPO date of listing.Prospect Commodities SME IPO BSE listing date?

 

Prospect Commodities SME IPO Allotment Date is 16-03-2023.

Other relevant questions:

Prospect Commodities SME IPO share allotment date?Prospect Commodities SME IPO allotment date?

 


User Reviews

5. NAVEEN PRABHU Mar 06 2023 01:30:10 AM Reply
Prospect Commodities SME IPO expected listing gain.
4. Arulkumar S Mar 06 2023 01:30:10 AM Reply
Please confirm Prospect Commodities SME IPO GMP (grey market premium) and kostak.
3. Neal Mar 06 2023 01:30:10 AM Reply
Prospect Commodities SME IPO good or bad.
2. Kishan Behl Mar 06 2023 01:30:10 AM Reply
Prospect Commodities SME IPO whether to invest or not.
1. Sanket Mar 06 2023 01:30:10 AM Reply
Prospect Commodities SME IPO - CRISIL Rating, Apply or not?.