Prospect Commodities Limited IPO

Apply 0
Avoid 0

i. Prospect Commodities is in the business of trading of cashew in to B2B Market. The Company is selling the Cashew to the wholesalers in the state of Gujarat only. Currently, the Company is not able to cater the demand of Gujarat State, hence it has not ventured to supply or develop market out of Gujarat. The cashews are packed in tin of 10 KG.

ii. The Company had instead of importing the RCN (Raw Cashew Nut) from other countries, which require to import in larger quantity and blocking of the Working Capital Fund, started buying the RCN from Gujarat who are importing from other countries and also from Kolam, Tuticorin and Manglore.

iii. Their product includes Cashews of different grades and packed in 10 KG tin pack. The Grade of the cashew nuts are on the basis of size of the cashew nuts and colour of the cashew nuts. The Company has following premium grades such as W400, W320, W240, W210 and W180, DW and SW. During the Production the company also get the Broken cashew nuts, split cashew nuts which are also sold in the market. The products are processed under hygienic condition following the specific food grade standards recommended by the industry.

iv. The cashew husk which is after processing RCN is also by product and the same is also sold to Tannery Industries by the Company. Company also sells Cashew Nut shell which is the basic raw material to produce CNSL Oil which is useful in many industries like Paint / Oil / Laminates etc.


1. Cleaning:
2. Boiling and Cooling:
3. De shelling:
4. Drying:
5. Moisture and Peeling:
6. Sorting:
7. Drying:
8. Grading:
9. Manual Sorting and Grading:
10. Drying before Dispatch:
11. Packing and Dispatch

Competitive Strengths

i. Existing client relationship
ii. Strategically located manufacturing facilities with modern machines
iii. Quality Service


Objects of the Prospect Commodities Limited IPO:

The Company proposes to utilize the Net Proceeds from the issue towards the following objects: i. Repayment of Unsecured Loans ii. Long-term working capital requirement iii. General Corporate Purpose iv. Meeting Public Issue Expenses.

Prospect Commodities Limited IPO Details:

Open Date: Mar 08 2023
Close Date: Mar 10 2023
Total Shares: 1,226,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Fixed Price Issue IPO
Issue Size: 7.48 Cr.
Lot Size: 2000 Shares
Issue Price: ₹ 61 Per Equity Share
Listing At: BSE SME
Listing Date: Mar 20 2023

Promoters And Management:

Vimal Mishra aged 37 years, is Promoter and Managing Director of the Company. He has completed Bachelor of Commerce from Gujarat University in the year 2006. He is a driving force behind the Company. He has over all more than 17 years of experience in different field like sales in charge, project manager and working with the logistic company. He is Expertise in Negotiations, handling Operations, team building, Administration & Finance Sectors. He handles the overall affairs of the Company. Priyanka Mishra aged 39 years, is the Promoter, Chairman & Non Executive Director of the company. She has Completed Post Graduate Diploma in Business Administration, specialized in Finance management from Symbiosis Center for Distance Learning, Pune in the year 2009. She has overall more than 10 years of experience in the handling the Administration work, monitoring the Marketing and Financing team and motivates them to achieve the target industry in which the company is presently engaged. Currently she is looking after Admin / HR Activities of the company along with Financial controller. Riddhi Vasita aged 38 years, is Non-Executive Director of the Company. She had studied Bachelor of Arts from the Christ Church College, Kanpur. She has overall 23 years of experience in the Finance and loan department. She has been associated with the Company since December 23, 2022.

Financials of Prospect Commodities Limited IPO:

Particulars ( In Lakhs ) 8MFY23
Revenue from Operations 839
Total Revenue 839
Cost of Materials Consumed 164
Purchase of traded goods 475
Employee Benefits Expense 20
Other Expenses 54
Depreciation & Amortisation 31
Finance Cost 18
OPM (%) 14.82%
PBT 74
Taxes 21
PAT 52
NPM (%) 6.29%
No.of Shares 40
EPS 1.29
P/E 47.21

Lead Manager of Prospect Commodities Limited IPO:

  1. Interactive Financial Services

Registrar of Prospect Commodities Limited IPO:

  1. Bigshare Services Private Limited

Company Address:

Prospect Commodities Limited 417, Sun Orbit B/h. Rajpath Club Road, Bodakdev, Ahmedabad - 380054 Phone: 079-48000696 Email: Website

Discussion on Prospect Commodities Limited IPO:

1 Comment

Leave a Reply