IPO Trending
PROPSME / BSEListed
Prospect Commodities

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.

₹61 - ₹615.31x sub
Listed Price₹61.00
Listing Gain+0.00%

IPO Schedule & Timeline

Fixed Price IPO
Open08 Mar 2023
Close13 Mar 2023
Allotment15 Mar 2023
Listing20 Mar 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker62,000 shares
5.06%
Nii (hni)5,82,000 shares
47.47%
Retail5,82,000 shares
47.47%

Minimum Application Lots

Retail1 Lot (2,000 shares)
₹1,22,000
HNI2 Lots (4,000 shares)
₹2,44,000

Company Promoters

Vimal MishraPriyanka Mishra

Company Background

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 ...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2022)₹0 Cr
Growth-100.0%
Revenue Trend (₹ in Crores)
0.0322.0644.0966.0Nov 2022Mar 2022
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 20220.00-0.15 1.050.05
Nov 2022839.9852.85977.07363.57

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
15 Mar 2023
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
20 Mar 2023

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Prospect Commodities. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization15 Mar 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date20 Mar 2023Trading commences on exchange

How to Check Prospect Commodities Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Prospect Commodities from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Prospect Commodities IPO

Complete issue overview for Prospect Commodities (PROP) IPO. The issue features an equity share price band of ₹61 per share with a minimum retail lot size of 2000 Shares (minimum application amount of ₹1,22,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions