IPO Premiums
IPO calendar
PCPROPListed

Prospect Commodities Limited

Fixed Price IPO · BSE

Price band
₹61 - ₹61
Lot size
2,000 shares
Issue amount
₹7.48 cr
Total subscription
5.31×
Current priceUnavailable
Listing price ₹61
Watch live price ↗
Opens
8 Mar 2023
Closes
13 Mar 2023
Allotment
15 Mar 2023
Listing
20 Mar 2023

Offer at a glance

Issue overview

Issue size
12,26,000 shares
Face value
₹10 per share
Minimum investment
₹1,22,000
Fresh issue
₹7.48 cr
Offer for sale
₹0 cr
Registrar
Bigshare Services Private Limited
Listing exchange
BSE
Maximum investment
₹1,22,000
Issue type
Fixed Price IPO
Shares before issue
28,64,500
Shares after issue
40,90,500

Lot sizes

CategoryLotsSharesAmount
RETAIL12,000₹1,22,000
HNI24,000₹2,44,000

Share reservation

Market Maker5.06%
NII (HNI)47.47%
RETAIL47.47%

Subscription & GMP

Subscription by category

Total subscribed5.31×

Subscription figures are awaiting publication.

GMP history

00.5125 Mar: ₹012 Nov: ₹0
25 Mar₹012 Nov

Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
-50005001,000Nov 2022 · Revenue: 839.98Nov 2022 · Profit after tax: 52.85Nov 2022Mar 2022 · Revenue: 0Mar 2022 · Profit after tax: -0.15Mar 2022
RevenueProfit after tax

Company information

Company profile

Incorporated in 2022, Prospect Commodities Limited is primarily engaged in the international trade of agro products, focusing mainly on cashew trading in the B2B market. Earlier operating as a partnership firm under the name “M/s Fortune Exports,” the company was later incorporated under its current name. Led by its Promoter and Managing Director, Mr. Vimal Mishra, who brings over a decade of experience across various sectors, the company has built a strong presence in Gujarat’s wholesale cashew market. Prospect Commodities sources Raw Cashew Nuts (RCN) from local Gujarat vendors, who import from countries like Kolam, Tuticorin, and Mangalore, and sells premium cashew grades such as W400, W320, W240, W210, and W180 in 10 kg tins. Each batch undergoes multiple processing stages including cleaning, boiling, de-shelling, drying, peeling, grading, and packaging to ensure top-quality products for its clients.

Promoters

Vimal Mishra

Priyanka Mishra

Registrar & documents

Lead manager

Interactive Financial Services Limited

Registered office

417, Sun Orbit B/h. Rajpath Club Road, Bodakdev, Ahmedabad - 380054

079-48000696

[email protected]Company website ↗

Understanding PROP IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.