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
Live Grey Market Premium
Prospect Commodities Limited GMP Today
Last updated: 19 Oct 2026
Current Premium
₹00.0%
Issue Price (Upper)
₹61
Band: ₹61
Estimated Listing Price
₹61
Upper price + GMP
Lot Size
2000 shares
Min investment ₹1,22,000
Estimated Profit / Lot
₹0
2000 × ₹0
Prospect Commodities Limited GMP Historical Trend
GMP History
Grey Market Premium trend
—
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | — | 0.0% | ₹61 |
| 30 Oct 2026 | — | 0.0% | ₹61 |
| 29 Oct 2026 | — | 0.0% | ₹61 |
GMP is unofficial market data. Not a guarantee of listing performance.
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 & Pricing Context:
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.
Basis of Allotment & Listing Timeline:
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 is Prospect Commodities Limited IPO GMP today?
The latest grey market premium for Prospect Commodities Limited IPO is ₹0, which indicates an expected listing price of ₹61.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.