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Prospect Commodities IPO is a book build IPO listing on BSE SME exchange. The company is based in Ahmedabad and caters to Agro - Food Products sector. Interactive Financial Services is the merchant banker of Prospect Commodities IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 25th January 2023.
Prospect Commodities IPO open date is 8th March 2023 and close date is 13th March 2023. IPO Allotment Date is 16th March 2023 and Listing date is 20th March 2023.Prospect Commodities IPO size is Rs 7.48 Cr. crores with IPO price of Rs 61.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Interactive Financial Services Limited is the book-running lead manager of the Prospect Commodities IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Beeline Broking Limited for Prospect Commodities IPO.
Prospect Commodities IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Prospect Commodities IPO, based in Ahmedabad, operates in the Agro - Food Products sector with a focus on Trading of cashew. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Prospect Commodities IPO size is ₹ 7.48 Cr. Crores with fresh issue size of Rs 7.48 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Prospect Commodities IPO is expected to be 16th March 2023, after the finalization of basis of allotment. Investors can check Prospect Commodities IPO allotment status on the registrars website, Bigshare Services Private Limited. Prospect Commodities IPO refund dates are 17th March 2023.
Prospect Commodities IPO is expected to be listed on 20th March 2023.
The upper price band for the Prospect Commodities IPO is set at ₹ 61.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Prospect Commodities IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Prospect Commodities IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 13th March 2023. After submission, funds are blocked until the basis of allotment of Prospect Commodities IPO is finalised.
The merchant banker for Prospect Commodities IPO is Interactive Financial Services Limited . Interactive Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Prospect Commodities IPO RHP for further details.
The registrar for Prospect Commodities IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Prospect Commodities IPO through their official website or helpline.
Prospect Commodities IPO was subscribed 5.31 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 7.48 Cr.
Avg IPO Size (Sector Based)
:
₹ 20.68 Cr.
Sector: Agro - Food Products
SME IPO so far:
32
Merchant Banker:
Interactive Financial
SME IPO by BRLM so far:
47
City:
Ahmedabad
SME IPO so far:
174
Revenue (annualised):
₹ 12.59 cr.
PE
Ratio:
31.44x
Average Sector PE Ratio: 19.17x
Prospect Commodities IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Prospect Commodities Financial Review Page
Merchant Banker(s) of Prospect Commodities IPO: Interactive Financial Services Limited
Prospect Commodities IPO subscription was 5.31 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Prospect Commodities IPO listed at a listing price of 61.00 against the offer price of 61.00.
The current market price of Prospect Commodities is 73.50.
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