Incorporated in 2022, Prospect Commodities Limited is majorly into the international trade of “Agro Products”. The entity was recently incorporated as a company, earlier the operations were managed and controlled through the partnership firm under the name “M/s Fortune Exports”.
The Promoter and Managing Director of the company, Mr. Vimal Mishra has experience of over a decade in different fields which harnesses the company’s growth in the right direction.
Prospect Commodities Limited is in the business of trading cashew in the B2B Market. The entity sells the Cashews to wholesalers in the state of Gujarat. The cashews are packed in a tin of 10 KG. The Company buys RCN (Raw Cashew Nut) from Gujarat vendors itself, who are importing RCN from other countries and also from Kolam, Tuticorin, and Mangalore.
The products of Prospect include various grades of Cashews largely sold in Gujarat. These cashew grades are based on the size and color of the cashew nuts. The company has the following premium grades of Cashew to offer W400, W320, W240, W210, and W180.
Cashew Nuts themselves are premium dry fruit and require multiple processing stages to be sold as a finished product. Before reaching the doorstep of the end customer, the nuts undergo a series of processes. Prospect Commodities Limited undertakes the following processes:
- Cleaning
- Boiling and Cooling
- De Shelling
- Drying
- Moisture and Peeling
- Sorting
- Drying
Prospect Commodities SME IPO Subscription Status Live
Last Data Updated on 13th March 2023, 07:00 PM (Refresh Page)
| Category | Day 1 | Day 2 | Day 3 | Day 4 |
| QIB | – | – | – | – |
| NII | 3.92 | 4.17 | 4.65 | 6.85 |
| Retail | 0.22 | 0.62 | 1.63 | 3.76 |
| Total | 2.07 | 2.40 | 3.14 | 5.31 |
Prospect Commodities SME IPO Dates & Price Band :
| IPO Open: | Mar 8, 2023 |
| IPO Close: | Mar 13, 2023 |
| IPO Size: | Approx ₹7.48 Crores |
| Price Band: | ₹61 per share |
| Listing on: | BSE SME |
| Retail Portion: | Not less than 35% of the Net Issue |
| Equity: | 1,226,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
Prospect Commodities SME IPO Market Lot:
- Shares: 1,226,000 Shares
- Minimum Amount: ₹122,000
- Maximum Amount: ₹122,000
Prospect Commodities SME IPO Allotment & Listing:
- Basis of Allotment: Mar 16, 2023
- Refunds: Mar 17, 2023
- Credit to Demat accounts: Mar 20, 2023
- Listing: Mar 21, 2023
Prospect Commodities SME IPO Grey Market Premium
Prospect Commodities SME IPO Allotment Status
Prospect Commodities SME IPO Listing Date