Prospect Commodities IPO GMP, Date, Price, Review, Allotment 2023 – IPO Watch
Written by Lucky Wilson | KJMM.COM on March 7, 2023
Prospect Commodities IPO Details: Prospect Commodities IPO date is fixed, The IPO will open on March 8 and will close on March 10, 2023. Prospect Commodities is a BSE SME IPO to raise ₹7.48 crores via IPO. The Prospect Commodities IPO price band is fixed at ₹61 with a market lot of 2000 shares.
Prospect Commodities Limited is one of the well-known brands engaged in the Cashew processing Industry. They are processors, exporters, and suppliers of Natural Cashew Kernel and many types of Flavoured Cashew Kernel. They deal in products with their brand name “DRIFRUTZ“.
Prospect Commodities have 5+ years experience of in the Cashew processing business. They supply a variety of grades of Cashew Kernel to the domestic market and International markets. DRIFRUTZ also deals with by-products of Cashew nuts like Cashew Husk / Cashew husk pellets / Cashew Shells. They are doing cashew trading in B2B Market and sell the Cashews to wholesalers in the state of Gujarat. They are supplying different grades like W180, W210, W240, W320, Split Cashew, Broken Cashew, etc. of cashew Kernel with the brand name DRIFRUTZ.
Objects of the Issue:
- Repayment of Unsecured Loans.
- Long-term working capital requirement.
- General Corporate Purpose.
- Meeting Public Issue Expenses.
Prospect Commodities IPO Review
Prospect Commodities IPO Date & Price Band Details
|IPO Open:||March 8, 2023|
|IPO Close:||March 10, 2023|
|IPO Size:||Approx ₹7.48 Crores, 1,226,000 Equity Shares|
|Face Value:||₹10 Per Equity Share|
|IPO Price Band:||₹61 Per Equity Share|
|IPO Listing on:||BSE SME|
|Retail Quota:||50% of the net offer|
|NII Quota:||50% of the net offer|
|DRHP Draft Prospectus:||Click Here|
|RHP Draft Prospectus:||Click Here|
Prospect Commodities IPO Market Lot
The Prospect Commodities IPO minimum market lot is 2000 shares with a ₹122,000 application amount.
Prospect Commodities IPO Dates
The Prospect Commodities IPO date is March 8 and the IPO close date is March 10. The IPO allotment date is March 15 and the IPO might list on March 20.
|IPO Open Date:||March 8, 2023|
|IPO Close Date:||March 10, 2023|
|Basis of Allotment:||March 15, 2023|
|Refunds:||March 16, 2023|
|Credit to Demat Account:||March 17, 2023|
|IPO Listing Date:||March 20, 2023|
You can check IPO subscription status and IPO allotment status on their respective pages.
Prospect Commodities IPO Form
How to apply Prospect Commodities IPO? You can apply Prospect Commodities IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Prospect Commodities IPO in the Invest section. The other option you can apply Prospect Commodities IPO via IPO forms download via the BSE website. Check out the Prospect Commodities forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
Prospect Commodities Company Financial Report
|₹ in Crores|
Prospect Commodities IPO Valuation – FY2022
Check Prospect Commodities IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
|Earning Per Share (EPS):||₹16.78 per Equity Share|
|Price/Earning P/E Ratio:||NA|
|Return on Net Worth (RoNW):||17.99%|
|Net Asset Value (NAV):||₹12.19 per Equity Share|
- Vimal Mishra
- Priyanka Mishra
Prospect Commodities IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Prospect Commodities IPO Allotment Status
Check Prospect Commodities IPO allotment status on Bigshare website URL. Click Here
Prospect Commodities IPO Lead Managers
- Interactive Financial Services Ltd
Prospect Commodities Limited
417, Sun Orbit B/h. Rajpath Club Road,
Ahmedabad – 380054
Email: [email protected]
Prospect Commodities IPO FAQs
What is Prospect Commodities IPO?
Prospect Commodities IPO is a BSE SME IPO. They are going to raise ₹7.48 Crores via IPO. The issue is priced at ₹61 per equity share. The IPO is to be listed on BSE.
When Prospect Commodities IPO will open?
The IPO is to open on March 8, 2023 for NII, and Retail Investors.
What is Prospect Commodities IPO Investors Portion?
The investors’ portion for NII is 50%, and Retail is 50%.
How to Apply the Prospect Commodities IPO?
You can apply Prospect Commodities IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Prospect Commodities IPO through Zerodha?
How to Apply the Prospect Commodities IPO through Upstox?
How to Apply the Prospect Commodities IPO through Paytm Money?
What is 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 equity share.
What is Prospect Commodities IPO Minimum and Maximum Lot Size?
The IPO bid is 2000 shares with ₹122,000.
What is Prospect Commodities IPO Allotment Date?
Prospect Commodities IPO allotment date is March 15, 2023.
What is Prospect Commodities IPO Listing Date?
Prospect Commodities IPO listing date is March 20, 2023. The IPO to list on BSE SME.
Note: The Prospect Commodities IPO details are announced officially. The IPO grey market premium (Prospect Commodities IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)
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