Prospect Commodities IPO Allotment Status Online

The Prospect Commodities IPO allotment status will be available on Mar 16, 2023, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Prospect Commodities IPO allotment status online:

• Visit the Prospect Commodities IPO allotment status page.
• Click on the green Prospect Commodities IPO Allotment Status.
• Enter either PAN number, Application Number or DP Client ID of the demat account to check the Prospect Commodities IPO allotment status.
• Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

• PAN No.: AHMLK1898J
• Application No.: RL041213805307
• Name: Mr. Rajveer Singh
• Shares Applied: 40
• Shares Allotted: 40

The expected listing price of Prospect Commodities IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The Prospect Commodities IPO grey market premium gives some hint but the actual listing price is difficult to guess.

Prospect Commodities IPO allotment status is expected on Mar 16, 2023. Click the green button Prospect Commodities IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Prospect Commodities IPO oversubscribed in the retail category, the Prospect Commodities IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The Prospect Commodities IPO shares will get listed on Monday, March 20, 2023. The equity share of Prospect Commodities Limited will list on BSE SME.

The reason you didn't get the Prospect Commodities IPO could be:

• IPO become oversubscribed and allotment process is completed through a lottery
• The IPO application got rejected due to mismatch/incomplete information
• The issue price is higher than the bid price. (Always apply on cut-off price).