Prospect Commodities Limited
ListedSMEAgriculture & Food Processing · BSE
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.
Price Band
₹61
Issue Size
₹7.48 Cr
Lot Size
2000 shares
GMP
—
Est. Listing
₹61
at current GMP
Subscribed
5.31x
overall
Open
8 Mar 2023
Close
13 Mar 2023
Allotment
15 Mar 2023
Refund
16 Mar 2023
Demat Credit
17 Mar 2023
Listing
20 Mar 2023
Last updated 12 days ago
Official Registrar Verification
Prospect Commodities Limited Allotment Status
Designated Registrar: Bigshare Services Private Limited
Allotment Date
15 Mar 2023
Basis finalization
Refunds Initiate
16 Mar 2023
Mandate release
Demat Credit
17 Mar 2023
Shares in demat
Listing Debut
20 Mar 2023
Trading begins
How to Check Prospect Commodities Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Bigshare Services Private Limited's allotment portal.
- Select Prospect Commodities Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Prospect Commodities Limited Public Issue & Market Profile
Prospect Commodities Limited is bringing an initial public offering (IPO) in the Agriculture & Food Processing sector with an aggregate issue size of ₹7.48 Crores. The shares are offered at a price band of ₹61 to ₹61 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Public Issue & Allotment Procedure:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Official Allotment Timelines & Registrar Guidance:
Following the close of bidding on 2023-03-13, the basis of allotment is scheduled to be finalized on 2023-03-15. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.