Established in 2022, Prospect Commodities Limited is mainly involved in international trade of “agricultural products”. This entity was recently incorporated as a company, but previously the business was managed and controlled through a partnership company named “M/s Fortune Exports”.
The company’s promoter and managing director, Vimal Mishra, has more than 10 years of experience in various fields to guide the growth of the company in the right direction.
Prospect Commodities Limited trades cashews on the B2B market. This company sells cashew nuts to wholesalers in Gujarat. Cashew nuts are packed in 10kg cans. The company buys his RCN (raw cashew nuts) from vendors themselves in Gujarat who import his RCN from other countries and Kolam, Tuticorin and Mangalore.
Prospect’s products include different grades of cashews mainly marketed in Gujarat. These cashew grades are based on the size and color of the cashew nuts. The company has the following premium grade cashews offering W400, W320, W240, W210 and W180.
The cashew nut itself is a premium dried fruit and requires multiple processing steps to be sold as a finished product. Nuts go through a series of processes before reaching the final customer’s doorstep. Prospect Commodities Limited performs the following processes:
- cleaning
- boiling and cooling
- De Schering
- drying
- moisture and peeling
- Sorting
date | GMP | Kostak | follow the souda | |
March 6, 2023 | ¥- | ¥- | ¥- |
Prospect Commodities SME IPO date and price range.
IPO Open: | March 8, 2023 |
IPO Close: | March 10, 2023 |
IPO size: | ¥7.48 Chlores |
Price range: | INR 61 per share |
Listed: | BSE SME |
Retail part: | 50% of net issue amount |
capital: | 1,226,000 shares |
Face value: | INR 10 per share |
Outlook Commodities SME IPO Market Lot
of Prospect Commodities IPO lot size is 2000 sharesIndividual investors can subscribe up to 1 lot (2000 shares or Rs 122,000).
share: Minimum 2000 shares
Minimum amount: ¥122,000
Maximum amount: ¥122,000
Prospect Commodity SME IPO Allocation and Listing:
- Allocation Criteria: March 15th, 2023
- Refund: March 16, 2023
- Deposit to Demat account: March 17, 2023
- list: March 20, 2023
Prospect Commodity SME IPO Form
You can apply for the Prospect Commodities IPO online using UPI or ASBA as your payment method. You can apply for ASBA IPO through net banking in your bank account. UPI IPO applications are offered by brokers who do not offer banking services.
Prospect Commodities SME Company Financial Report
period ends | Total assets | gross income | Profit after tax |
March 31, 22 | 1.05 | 0.00 | -0.15 |
September 31, 22 | 977.07 | 839.98 | 52.85 |
Prospect Commodities SME IPO Valuations – FY2023
Earnings Per Share (EPS): | ¥–per share |
Price/Revenue P/E Ratio: | NAMore |
Return on Net Worth (RoNW): | –% |
Net Asset Value (NAV): | ¥–per share |
peer group
company promoter
Prospect Commodities SME IPO Registrar
Bigshare Services Pvt Ltd
phone: +91-22-6263 8200
e-mail: [email protected]
website: https://www.bigshareonline.com/
company address
Prospect Commodities Limited
417, Sun Orbit B/h. Rajpat Club Road,
Bodakdev,
Ahmedabad – 380054
phone: 079-48000696
e-mail: [email protected]
website: http://www.prospectcommodities.com/
quick link:
Prospect Commodity IPO DRHP
Prospect Commodity IPO RHP
About Prospect Commodities SME IPO
Prospect Commodities IPO opens on March 8, 2023 and closes on March 10, 2023The Prospect Commodities IPO auction dates are March 8, 2023 from 10:00 am to March 10, 2023 at 5:00 pm. The cut-off time for UPI mandate confirmation is 5:00 p.m. on the issue cut-off date.
read also
Prospect products Allocation status of SMEs
Prospect Commodities SME IPO Listing Date Prospect Commodities SME IPO Subscription (Live)
Purpose of the problem:
- Loans for opening new stores.
- For repayment of short-term borrowings.
- To meet working capital requirements.
- General corporate purpose.
- To cover issuance costs
Prospect Commodities SME IPO FAQ
QIB, NII, and Prospect Commodity SME IPO Open Dates for Retail?
Prospect Commodities SME IPO set to open on March 8, 2023
How big is the Prospect Commodity SME IPO?
The size of the Prospect Commodities IPO is around ₹7.48 Crores.
Outlook Commodities SME IPO price range?
Prospect Commodities SME IPO price range is INR 61 per share
Outlook Commodities SME IPO Minimum Lot Size?
The minimum bid is 2000 shares and the minimum lot size is INR 122,000.
What is the Prospect Commodities SME IPO Allocation Date?
Prospect Commodities SME IPO allocation date is March 15, 2023
What is the expected product listing date?
Listing date for Prospect Commodities SME IPO is March 20, 2023. The IPO will be listed on the BSE SME.