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March 8, 2023 - March 13, 2023

Prospect Commodities IPO FAQ

Prospect Commodities IPO Date & Price

The Prospect Commodities IPO opens on March 8, 2023 and closes on March 13, 2023.

Prospect Commodities IPO timetable / schedule is as below:
  • Bid/Offer Opens On: March 8, 2023
  • Bid/Offer Closes On: March 13, 2023
  • Finalization of Basis of Allotment: March 16, 2023
  • Initiation of refunds: March 17, 2023
  • Credit of Equity Shares: March 20, 2023
  • Listing Date: March 20, 2023

Prospect Commodities IPO price is set at ₹61 per equity share.

Prospect Commodities IPO will close for subscription at 5 PM on March 13, 2023. But most brokers stop accepting application between 1 PM to 3 PM.

The Prospect Commodities IPO starts on March 8, 2023. The issue ends on March 13, 2023.

Prospect Commodities IPO Issue Size and Subscription Status

The Prospect Commodities IPO size is 1226000 Equity Shares of ₹10 aggregating up to ₹7.48 Cr.

Prospect Commodities Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Prospect Commodities IPO shares through the banks (using ASBA) or through the broker (using UPI).

Prospect Commodities IPO Offer Size

Qualified Institutional Buyers (QIB)0 Shares
Non-Institutional Investors (NII)582,000 Shares
Retail Individual Investor (RII)582,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size1,164,000 Shares

Prospect Commodities IPO IPO Subscription Status

Qualified Institutional Buyers (QIB) times
Non-Institutional Investors (NII)6.85 times times
Retail Individual Investor (RII)3.76 times times
Employee Reservations times
Other Reservations times
Total Issue Size5.31 times times

Click here to check the Prospect Commodities IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Prospect Commodities IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Prospect Commodities IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Prospect Commodities IPO Allotment and Listing

The Prospect Commodities IPO allot status will be available online on March 16, 2023. Check the Prospect Commodities IPO Allotment Status here.

Click here to check Prospect Commodities IPO Allotment Status.

Prospect Commodities IPO listing Date is March 20, 2023. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Prospect Commodities IPO listing date and time is published by the exchange in a circular.

Click here to view the Prospect Commodities IPO Basis of Allotment.

It is hard to say at what price Prospect Commodities IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Prospect Commodities IPO shares will list on March 20, 2023 at BSE SME.

Prospect Commodities IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Prospect Commodities IPO which could help you with questions like Prospect Commodities IPO buy or not? You should also read Prospect Commodities IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Prospect Commodities IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Prospect Commodities IPO performance. The performance reports are available 1 day after listing.