Our Company was originally incorporated as "Prospect Commodities Private Limited" is registered under the provisions of Companies Act, 2013 vide Certificate of Incorporation dated January 06, 2022 bearing Corporate Identification Number U01400GJ2022PTC128482 issued by the Registrar of Companies, Central Registration Centre, our Company has acquired running business of firm "M/s Fortune Exports", registered as a partnership firm under the Partnership Act, 1932 ("Partnership Act"). Subsequently, our Company was converted into a public limited Company pursuant to a special resolution passed by our shareholders at the EGM held on December 29. 2022 and consequently the name of our Company was changed to "Prospect Commodities Limited" and afresh certificate of incorporation was issued by the Registrar of Companies, Ahmedabad dated January 03, 2023. The CIN of the Company is U01400GJ2022PLC128482.

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. 747.86 LACS ("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. 37.82 LACSWILLBE RESERVED FOR SUBSCRIPTION BY MARKETMAKER 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. 710.04 LACS IS HEREIN AFTER REFERRED TO ASTHE "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 OUR COMFANY FOR FURTHER DETAILS. PLEASE REFER TO SECTION TITLED TERMS OF THE ISSUE BEGINNING ON PAGE NO. 142 OFTHE PROSPECTUS.

The Equity Shares of the Company offered through the Prospectus dated February 27, 2023 are proposed to be listed on the SME Platform of BSE Limited ("BSE SME") in terms of Chapter IX of SEBI (ICDR) Regulations, 2018. The trading is proposed to be commenced on or before March 21, 2023*.

*Subject to receipt of listing and trading approval from BSE Limited.

Our Company has received an In-Principle Approval dated February 22,2023 from BSE Limited for using its name in the offer document for listing of our shares on SME Platform of BSE Limited. It is to be distinctly understood that the permission given by BSE Limited should not in anyway be deemed or construed that the content of the Prospectus or the price at which equity shares are offered has been cleared, solicited or approved by BSE, nor does it certifies the correctness, accuracy or completeness of any of the content ofthe Prospectus. For the purpose of the Issue BSE Limited will be the Designated Stock Exchange.

The Issue is being made through the Fixed Price Issue process, the allocation in the Net Issue to the Public category is made as per Regulation 253(2) of the SEBI (ICDR) Regulations,2018 as amended from time to time, wherein (a) minimum 50% of the net issue of shares shall be allocated to retail individual investors and (b) remaining to: (i) individual applicants other than retail individual investors; and (ii) other investors including corporate bodies or institutions, irrespective of number of specified securities applied for Provided that the unsubscribed portion in either of categories specified in clauses (a) or (b) may be allocated to applicants in the other category.

All investors have participated in this offer through Application Supported by Blocked Amount ("ASBA^" ) process including through Unified Payment Interface ("UPT)mode (as applicable) by providing the details of the respective bank accounts / UPI ID as applicable in which the corresponding application amounts were blocked by Self Certified Syndicate Banks (the"SCSBs").

DETAILS OF THE APPLICATION:

The Issue has received 2880 applications (before rejections and bids not banked) for 96,56,000 Equity Shares (Including Market Maker Application of 62,000 Equity Shares) resulting 7.88 times subscription. The details of the applications received in the Issue (before technical rejections but after bids not banked) are as follows:

DETAILS OF VALID APPLICATIONS RECEIVED (BEFORE TECHNICAL REJECT1ON AND AFTER BIDS NOT BANKED)

*Subscription time have been computed on the basis of the issue size as per the Prospectus.

DETAILS OF BIDS NOT BANKED ARE AS FOLLOWS:

DETAILS OF APPLICATIONS REJECTED BY THE REGISTRAR ON TECHNICAL GROUNDS ARE AS FOLLOWS:

DETAILS OF VALID APPLICATIONS RECEIVED (AFTER TECHNICAL REJECTION):

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange BSE Limited on March 15, 2023

A.	Allocation to Market Maker (After Technical Rejections): The Basis of Allotment of the Market Maker, at the issue price of Rs. 61.00 /- per Equity Share, was finalised in consultation with BSE SME. The category was subscribed by 1.00 time. The total number of shares allotted in this category is 62.000 Equity shares in full out of reserved portion of 62,000 Equity Shares.
B.	Allocation to Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs. 61.00/- per Equity Share, was finalized in consultation with BSE SME. The category was subscribed by 3.72 times. Total number of shares allotted in this category is 5,82,000 Equity shares.

No. Of Shares Applied for (Category wise)	No. of Applications Received	% to total	Total No. of Equity Shares applied in Retail Individual Investors category	% to total	Proportionate Shares Available	Allocation per Applicant (Before Rounding Off)	Allocation per Applicant (After Rounding Off)	Ratio of Allottees to the Applicants		Total No. of Equity Shares allotted	Surplus/ (Deficit)
2000	1082	100%	2164000	100%	582000	537.89	2000	181	673	582000	0
Total	1082	100%	2164000	100%	582000			-	-	582000	0

C.

Allocation to Non-Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Non-Retail Individual Investors, at the issue price of Rs. 61.00/- per Equity Share, was finalized in consultation with BSE SME. The category was subscribed by 6.73 times. Total number of shares allotted in this category is 5.82.000 Shares.

No. of Shares Applied for (Category wise)	No. of Applications Received	%   to total	Total No. of Shares applied in each category	% to total	Proportionate Shares Available	Allocation per Applicant		Ratio of Allottees to the Applicants		Total No. of Equity Shares allotted	Surplus/ (Deficit)
						(Before Rounding Off)	(After Rounding Off)
4000	18	29.03	72000	1.84	10695	594.17	2000	5	18	10000	-695
6000	3	4.84	18000	0.46	2674	891.33	2000	1	3	2000	-674
8000	7	11.29	56000	1.43	8318	1188.43	2000	4	7	8000	-318
10000	2	3.23	20000	0.51	2971	1485.50	2000	1	1	4000	1029
12000	3	4.84	36000	0.92	5348	1782.67	2000	1	1	6000	652
18000	1	1.61	18000	0.46	2674	2674.00	2000	1	1	2000	-674
20000	2	3.23	40000	1.02	5942	2971.00	2000	1	1	4000	-1942
		0.00		0.00			2000	1	2	2000	2000
24000	1	1.61	24000	0.61	3565	3565.00	4000	1	1	4000	435
32000	1	1.61	32000	0.82	4753	4753.00	4000	1	1	4000	-753
40000	1	1.61	40000	1.02	5942	5942.00	6000	1	1	6000	58
80000	2	3.23	160000	4.08	23767	11883.51	2000	1	1	24000	233
162000	21	33.87	3402000	86.83	505351	24064.33	24000	1	1	504000	-1351
		0.00		0.00			2000	1	21	2000	2000
Grand Total	62	100.00	3918000	100.00	582000					582000	0

The Board of Directors of the Company at its meeting held on March 15, 2023 has taken on record the Basis of Allotment of Equity Shares, as approved by the Designated Stock Exchange viz. BSE SME and has authorized the online corporate action for the allotment of the Equity Shares in dematerialised form to various successful applicants. The CAN-cum-Refund Orders and allotment advice and/or notices are being dispatched to the address of the applicants as registered with the depositories/as filled in the application form on or before March 20,2023. Further, the instructions to Self-Certified Syndicate Banks being processed on or prior to March 17, 2023 for unblocking fund. In case the same is not received within Four (4) wording days, investors may contact at the address given below. The Equity Shares allocated to successful applicants are being credited to their beneficiary accounts subject to validation of the account details with the depositories concerned. The Company is taking steps to get the Equity Shares admitted for trading on the BSE SME within Six (6) working days from the date of the closure of the Issue. The trading is proposed to be commenced on or before March 21, 2023 subject to receipt of listing and trading approvals from the BSE Limited.

INVESTORS, PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue, Bigshare Services Private Limited at www.bigshareonline.com. All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the first/ sole applicants, serial number of the application form, number of shares applied for and Bank Branch where the application had been lodged and payment details at the address of the Registrar given below:

REGISTRAR TO THE ISSUE

	BIGSHARE SERVICES PRIVATE LIMITED
	Address: Office No. S6-2. 6th Floor. Pinnacle Business Park. Next to Ahura Centre. Mahakai Caves Road. Andheri (East). Mumbai - 400093
	Tel No: +91 22-62638200 • Fax No: +91 22-62638299 • E-Mail: ipo@bigshareonline.com • Website: wvw.bigshareonline.com
	Contact Person: Mr. Aniket Chindarkar • SEBI Registration No: INR000001385

	PROSPECT COMMODITIES LIMITED
	On behalf of the Board of Directors
	Sd/-
	VIMAL MISHRA
Date: March 16, 2023	Managing Director
Place: Ahmedabad	(DIN: 06820041)

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF ETHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF PROSPECT COMMODITIES LIMITED.

Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus.

The Equity Shares have not been and will not be registered under the US Securities Act (the "Securities Act" ) or any state securities law in United States and will not be Issued or sold within the United States or to, for or the account or benefit of "U.S. Persons" (as defined in the Regulations under the Securities Act), except pursuant to an exemption from, or in a transaction not subject to the registration requirements of the Securities Act of 1933.

Close