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IPO

IPO Synopsis
Prospect Consumer Products Ltd
Registered Office: 417 Sun Orbit B/h,Rajpath Club Road Bodakdev , Ahmedabad - 380054 , Gujarat , India.
Phone : 91-79-48000696   Fax:
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-23 13-Mar-23 Rs61.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :2000

  Rs 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 Rs61.00  
 
Projects
Repeyment of Unsecured LoansGeneral corporate purposes
Long term working capital requirements
Promoted By
Vimal Mishra
Priyanka Mishra
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd