IPO Synopsis

Prospect Consumer Products Ltd
Registered Office: 417 Sun Orbit B/h,Rajpath Club Road Bodakdev,Ahmedabad-380054, Gujarat
Tel. No: 91-79-48000696
Fax No:
Email: info@prospectcommodities.com
Website: www.prospectcommodities.com
Initial public issue of 12,26,000 equity shares of face value of Rs. 10/- each of Prospect Commodities Limited ("PCL" or the "Company" or the "Issuer") for cash at a price of Rs. 61/- per equity share including a share premium of Rs. 51/- per equity share (the "Issue Price") aggregating to Rs. 7.48 crores ("The Issue"), of which 62,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 61/- per equity share including a share premium of Rs. 51/- per equity share aggregating to Rs. 0.38 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 11,64,000 equity shares of face value of Rs. 10/- each at a price of Rs. 61/- per equity share aggregating to Rs. 7.10 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 29.97% and 28.46% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is 6.1 times of the face value. Minimum application of 2000 equity shares and in multiples of 2000 equity shares thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
08-Mar-2023 13-Mar-2023 ₹61.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 2000 Further Multiples of :2000
(₹ Cr) Lead Managers to the Issue
Project Cost 6.50 Interactive Financial Services Ltd
Project Financed through Current Offer 7.48
Post Issue Equity Share Capital 4.09
Issue Price 61.00
Projects
Repeyment of Unsecured Loans
Long term working capital requirements
General corporate purposes
Promoted By
Vimal Mishra
Priyanka Mishra
Listing At
BSE - SME
Registrar To The Issue