Prospect Commodities IPO Details: Prospect Commodities IPO Date is certain, the IPO open on March 8th and will close on March 10, 2023. Prospect Commodities is a BSE SME IPO to raise ₹7.48 crores about IPO. Prospect Commodities IPO price range is fixed at €61 with a market lot 2000 shares.
Prospect Commodities Limited is one of the well known brands in cashew processing industry. They are processors, exporters and suppliers of natural cashews and many types of flavored cashews. They deal in products with their brand name “DRIFRUTZ“.
Prospect Commodities has more than 5 years experience in cashew processing. They supply a variety of varieties of cashew nuts to the domestic market and international markets. DRIFRUTZ also trades in cashew nut by-products such as cashew shells / cashew shell pellets / cashew shells. They trade cashews in the B2B market and sell the cashews to wholesalers in the state of Gujarat. They supply different qualities like W180, W210, W240, W320, Split Cashew, Broken Cashew etc. of cashew nuts with the brand name DRIFRUTZ.
Objects of the output:
- Repayment of unsecured loans.
- Long-term working capital needs.
- General corporate purpose.
- Coverage of public spending.
Prospect Commodities IPO Review
| Date | GMP | Kostak | Subject to |
| 7th March | €- | €- | €- |
Prospect Commodities IPO date and price range details
| IPO open: | March 8, 2023 |
| Close IPO: | March 10, 2023 |
| IPO size: | Approx ₹7.48 crores, 1,226,000 shares |
| face value: | €10 Per equity share |
| IPO price range: | €61 Per equity share |
| Stock exchange listing on: | BSE SMEs |
| Retail Quota: | 50% of net supply |
| NII rate: | 50% of net supply |
| DRHP prospectus draft: | Click here |
| RHP prospectus draft: | Click here |
Prospect Commodities IPO Market Lot
The minimum market lot for the Prospect Commodities IPO is 2,000 shares with an application amount of ₹122,000.
| Application | batch size | shares | Crowd |
| retail minimum | 1 | 2000 | £122,000 |
| retail maximum | 1 | 2000 | £122,000 |
| S-HNI minimum | 2 | 4000 | £244,000 |
Prospect Commodities IPO dates
The IPO date of Prospect Commodities is March 8th and the closing date of the IPO is March 10th. The IPO grant date is March 15 and the IPO could be listed on March 20.
| IPO opening date: | March 8, 2023 |
| IPO Closing Date: | March 10, 2023 |
| Allocation basis: | March 15, 2023 |
| Refunds: | March 16, 2023 |
| Credit to Demat account: | March 17, 2023 |
| Date of listing: | March 20, 2023 |
You can check the IPO subscription status and IPO allotment status on the respective pages.
Prospect Commodities IPO Form
How do I apply for the Prospect Commodities IPO? You can apply for Prospect Commodities IPO through ASBA in your bank account. Just go to the online bank login and apply through your bank account by selecting “Prospect Commodities” IPO in the “Invest” section. The other option, you can apply for Prospect Commodities IPO through IPO forms that you can download through BSE website. Check out the Prospect Commodities forms – click Download BSE IPO Forms, fill them out and submit them to your bank or broker.
Financial Report of Prospect Commodities Company
| ₹ in crores | |||
| Year | revenue | Expense | BEAT |
| 2020 | €- | €- | €- |
| 2021 | €- | €- | €- |
| 2022 | ₹0.00 | ₹0.00 | ₹0.00 |
| 2023 8M | ₹8.40 | €7.66 | €0.53 |
IPO Valuation of Prospect Commodities – FY2022
Check Prospect Commodities IPO valuation details such as earnings per share (EPS), price-to-earnings multiples, net yield (RoNW) and net asset value (NAV).
| Earnings per share (EPS): | £16.78 per common share |
| Price-Earnings-P/E: | THE |
| Return on Net Worth (RoNW): | 17.99% |
| Net Asset Value (NAV): | ₹12.19 per common share |
peer group
- Vimal Mishra
- Priyanka Mishra
Prospect Commodities IPO Registrar
Bigshare Services Pvt Ltd
Telephone: +91-22-6263 8200
E-mail: [email protected]
Website: http://www.bigshareonline.com
IPO allotment status of potential commodities
Check Prospect Commodities IPO allotment status on Bigshare website URL. Click here
Prospect Commodities IPO Lead Manager
- Interactive Financial Services Ltd
company address
Prospect Commodities Limited
417, Sonnenbahn B/h. Rajpath Club Road,
Bodakdev,
Ahmedabad-380054
Telephone: 079-48000696
E-mail: [email protected]
Website: http://www.prospectcommodities.com/
Prospect Commodities IPO FAQ
What is the prospectus commodities IPO?
The Prospect Commodities IPO is a BSE IPO for SMEs. They will raise ₹7.48 crores through the IPO. The issue costs ₹61 per share. The IPO is to be listed on the BSE.
When will Prospect Commodities IPO open?
The IPO is scheduled to open on March 8, 2023 for NII and retail investors.
What is the Prospect Commodities IPO Investor Share?
The investor share is 50% for NII and 50% for Retail.
How to Apply Prospect Commodities IPO?
You can apply for Prospect Commodities IPO via ASBA online through your bank account. You can also apply for ASBA online through UPI through your stockbroker. You can also apply through your stockbroker by filling out the offline form.
How to Apply Prospect Commodities IPO via Zerodha?
Log in to the console on the Zerodha website or application. Go to Portfolio and click IPO. You will see the IPO name “Prospect Commodities”. Click on the bid button. Enter your UPI ID, quantity and price. Submit the IPO application form. Now go to your UPI app on Net Banking or BHIM app to approve the mandate. Open a Demat account with Zerodha.
How to Apply Prospect Commodities IPO via Upstox?
Login to the Upstox application with your credentials. Select the IPO. You will see the IPO name “Prospect Commodities”. Click on the bid button. Confirm your application. Now go to your UPI app on Net Banking or BHIM app to approve the mandate. Open a demat account with Upstox.
How to Apply Prospect Commodities IPO via Paytm Money?
Log in to the Paytm Money application with your credentials. Select the IPO. You will see the IPO name “Prospect Commodities”. Click on the bid button. Confirm your application. Now go to your UPI app on Net Banking or BHIM app to approve the mandate. Open a Demat account with Paytm Money.
What is the Prospect Commodities IPO size?
Prospect Commodities IPO size is ₹7.48 crores.
What is Prospect Commodities IPO price band?
Prospect Commodities IPO price band is ₹61 per share.
What is the minimum and maximum lot size for prospectus commodities IPO?
The IPO offering includes 2000 shares at ₹122,000.
What is the Prospect Commodities IPO grant date?
The grant date for the Prospect Commodities IPO is March 15, 2023.
What is the Prospect Commodities IPO listing date?
Prospect Commodities’ IPO listing date is March 20, 2023. The IPO is scheduled to be listed on BSE SME. Note: Prospect Commodities IPO details will be officially announced. The IPO gray market premium (Prospect Commodities IPO Premium) will be updated on the respective page. Visit our IPO gray market page for daily updates.)
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