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Aelea Commodities Limited IPO (Aelea Commodities IPO) Detail

July 12, 2024 - July 16, 2024

Aelea Commodities IPO is a book built issue of Rs 51.00 crores. The issue is entirely a fresh issue of 53.69 lakh shares.

Aelea Commodities IPO bidding started from July 12, 2024 and ended on July 16, 2024. The allotment for Aelea Commodities IPO was finalized on Thursday, July 18, 2024. The shares got listed on BSE SME on July 22, 2024.

Aelea Commodities IPO price band is set at ₹91 to ₹95 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹114,000. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹228,000.

Ekadrisht Capital Private Limited is the book running lead manager of the Aelea Commodities IPO, while Maashitla Securities Private Limited is the registrar for the issue. The market maker for Aelea Commodities IPO is Ss Corporate Securities.

Refer to Aelea Commodities IPO RHP for detailed information.

Aelea Commodities IPO Details

IPO Date July 12, 2024 to July 16, 2024
Listing Date July 22, 2024
Face Value ₹10 per share
Price Band ₹91 to ₹95 per share
Lot Size 1200 Shares
Total Issue Size5,368,800 shares
(aggregating up to ₹51.00 Cr)
Fresh Issue5,368,800 shares
(aggregating up to ₹51.00 Cr)
Issue Type Book Built Issue IPO
Listing At BSE SME
Share holding pre issue14,950,000
Share holding post issue20,318,800
Market Maker portion268,800 shares
Ss Corporate Securities

Aelea Commodities IPO Reservation

Aelea Commodities IPO offers 5,368,800 shares. 1,020,000 (19.00%) to QIB, 765,600 (14.26%) to NII, 1,785,600 (33.26%) to RII and 1,528,800 (28.48%) to Anchor investors.

Investor Category Shares Offered
Anchor Investor Shares Offered1,528,800 (28.48%)
Market Maker Shares Offered268,800 (5.01%)
QIB Shares Offered1,020,000 (19.00%)
NII (HNI) Shares Offered765,600 (14.26%)
Retail Shares Offered1,785,600 (33.26%)
Total Shares Offered5,368,800 (100%)

Aelea Commodities IPO Anchor Investors Details

Aelea Commodities IPO raises Rs 14.52 crore from anchor investors. Aelea Commodities IPO Anchor bid date is July 11, 2024. Aelea Commodities IPO Anchor Investors list

Bid Date July 11, 2024
Shares Offered 1,528,800
Anchor Portion Size (In Cr.) 14.52
Anchor lock-in period end date for 50% shares (30 Days) August 17, 2024
Anchor lock-in period end date for remaining shares (90 Days) October 16, 2024

Aelea Commodities IPO Timeline (Tentative Schedule)

Aelea Commodities IPO opens on July 12, 2024, and closes on July 16, 2024.

IPO Open Date Friday, July 12, 2024
IPO Close Date Tuesday, July 16, 2024
Basis of Allotment Thursday, July 18, 2024
Initiation of Refunds Friday, July 19, 2024
Credit of Shares to Demat Friday, July 19, 2024
Listing Date Monday, July 22, 2024
Cut-off time for UPI mandate confirmation 5 PM on July 16, 2024

Aelea Commodities IPO Lot Size

Investors can bid for a minimum of 1200 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 1200 ₹114,000
Retail (Max) 1 1200 ₹114,000
HNI (Min) 2 2,400 ₹228,000
Lot Size Calculator

Aelea Commodities IPO Promoter Holding

Hozefa S Jawadwala, Satyanarayan Patro, Ashok Patel, Firoz Gulamhusein Hathiyari, Rashida Hozefa Jawadwala, Sonali Malla, Sumita A Patel, and Farida Firoz Hathiyari are the Promoters of the Company

Share Holding Pre Issue 86.45%
Share Holding Post Issue 63.66%

About Aelea Commodities Limited

Incorporated in 2018, Aelea Commodities Limited is engaged in the trading of agricultural products. The company is mainly involved in processing and trading cashews. The company also trade other goods such as sugar, pulses, soybean, rice, and wheat flour.

The company imports Raw Cashew Nuts (RCN) from various African nations, including Benin, Tanzania, Burkina Faso, Senegal, and Cote d'Ivoire. Additionally, it trades in by-products from sugar mills, such as Bagasse.

The company's clients are based in Rajasthan, Karnataka, Gujrat, Mumbai, etc. globally, most customers are situated in Dubai and Sri Lanka.

The company's processing unit is situated in Surat, Gujarat, and it is setting up another processing unit in Taluka district, Surat, Gujarat.

As of December 31, 2023, the company has 48 permanent employees across various departments.

Aelea Commodities Limited Financial Information (Restated Consolidated)

Aelea Commodities Limited's revenue increased by 31.2% and profit after tax (PAT) rose by 539.22% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 May 202431 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets11,641.2810,653.479,876.857,028.035,041.15
Revenue2,758.4714,450.7711,014.4410,550.8547,595.26
Profit After Tax280.361,222.32191.221,063.111,108.51
Net Worth4,875.324,592.893,383.003,060.891,940.51
Reserves and Surplus3,375.323,092.893,351.003,029.531,932.69
Total Borrowing4,120.364,077.323,327.402,130.761,096.14
Amount in ₹ Lakhs

Key Performance Indicator

The market capitalization of Aelea Commodities IPO is Rs 193.03 Cr.

KPI as of May 31, 2024.

KPI Values
ROE5.92%
ROCE5.72%
Debt/Equity0.85
RoNW5.75%
P/BV2.92
PAT Margin (%)10.17
Pre IPO Post IPO
EPS (Rs) 8.188.28
P/E (x) 11.6211.48
Note:
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 that is available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of May 31, 2024 that is available in RHP.

Objects of the Issue (Aelea Commodities IPO Objectives)

The company proposes to use the Net Proceeds from the Issue to fund the following objects:

  1. Setting up a new manufacturing unit and installing Plant and machinery thereon;
  2. Purchasing Plant and Machinery at an existing manufacturing unit;
  3. General Corporate Purposes.

Aelea Commodities IPO Review (Apply)

[Dilip Davda]  The company after trading in agri commodities now focused on cashew nut processing and yielding its value added by-products that will lift its bottom lines going forward. Based on annualized super earnings for FY25, the issue appears reasonably priced. Investors may park funds for the medium to long term rewards. Read detail review...


Aelea Commodities IPO Subscription Status (Bidding Detail)

The Aelea Commodities IPO is subscribed 195.83 times on July 16, 2024 6:19:07 PM. The public issue subscribed 164.95 times in the retail category, 104.22 times in the QIB category, and 389.87 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB104.22
NII389.87
Retail164.95
Total195.83

Total Application : 35,809 (24.07 times)

Aelea Commodities IPO Prospectus

Aelea Commodities IPO Rating

6
1.7
Rating:Rated 1.7 stars
Vote Here ...

Aelea Commodities IPO Listing Details

Listing Date July 22, 2024
BSE Script Code 544213
NSE Symbol
ISIN INE0T3401029
Final Issue Price ₹95 per share

Pre-Open Session - BSE

Aelea Commodities Limited Contact Details

Aelea Commodities Limited
401 & 402, Saifee Park-2
Dr. Mascarenhas Road,
Mazgaon, Mumbai 400 010
Phone: +91- 22 6634 09891
Email: info@aeleacommodities.com
Website: https://www.aeleacommodities.com/

Aelea Commodities IPO Registrar

Maashitla Securities Private Limited

Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues

Aelea Commodities IPO - Buy or Not

Aelea Commodities IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 1 0 0

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Aelea Commodities IPO FAQs

Aelea Commodities IPO is a SME IPO of 5,368,800 equity shares of the face value of ₹10 aggregating up to ₹51.00 Crores. The issue is priced at ₹91 to ₹95 per share. The minimum order quantity is 1200 Shares.

The IPO opens on July 12, 2024, and closes on July 16, 2024.

Maashitla Securities Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in Aelea Commodities IPO using UPI as a payment gateway. Zerodha customers can apply in Aelea Commodities IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Aelea Commodities IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Aelea Commodities IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Aelea Commodities IPO opens on July 12, 2024 and closes on July 16, 2024.

Aelea Commodities IPO lot size is 1200 Shares, and the minimum amount required is ₹114,000.

You can apply in Aelea Commodities IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Aelea Commodities IPO will be done on Thursday, July 18, 2024, and the allotted shares will be credited to your demat account by Friday, July 19, 2024. Check the Aelea Commodities IPO allotment status.

The Aelea Commodities IPO listing date is on July 22, 2024.
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