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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.
| 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 Size | 5,368,800 shares (aggregating up to ₹51.00 Cr) |
| Fresh Issue | 5,368,800 shares (aggregating up to ₹51.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 14,950,000 |
| Share holding post issue | 20,318,800 |
| Market Maker portion | 268,800 shares Ss Corporate Securities |
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 Offered | 1,528,800 (28.48%) |
| Market Maker Shares Offered | 268,800 (5.01%) |
| QIB Shares Offered | 1,020,000 (19.00%) |
| NII (HNI) Shares Offered | 765,600 (14.26%) |
| Retail Shares Offered | 1,785,600 (33.26%) |
| Total Shares Offered | 5,368,800 (100%) |
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 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 |
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 | |||
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% |
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'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 Ended | 31 May 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 11,641.28 | 10,653.47 | 9,876.85 | 7,028.03 | 5,041.15 |
| Revenue | 2,758.47 | 14,450.77 | 11,014.44 | 10,550.85 | 47,595.26 |
| Profit After Tax | 280.36 | 1,222.32 | 191.22 | 1,063.11 | 1,108.51 |
| Net Worth | 4,875.32 | 4,592.89 | 3,383.00 | 3,060.89 | 1,940.51 |
| Reserves and Surplus | 3,375.32 | 3,092.89 | 3,351.00 | 3,029.53 | 1,932.69 |
| Total Borrowing | 4,120.36 | 4,077.32 | 3,327.40 | 2,130.76 | 1,096.14 |
| Amount in ₹ Lakhs | |||||
The market capitalization of Aelea Commodities IPO is Rs 193.03 Cr.
KPI as of May 31, 2024.
| KPI | Values |
|---|---|
| ROE | 5.92% |
| ROCE | 5.72% |
| Debt/Equity | 0.85 |
| RoNW | 5.75% |
| P/BV | 2.92 |
| PAT Margin (%) | 10.17 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 8.18 | 8.28 |
| P/E (x) | 11.62 | 11.48 |
The company proposes to use the Net Proceeds from the Issue to fund the following objects:
[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...
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)
| Category | Subscription (times) |
|---|---|
| QIB | 104.22 |
| NII | 389.87 |
| Retail | 164.95 |
| Total | 195.83 |
Total Application : 35,809 (24.07 times)
| Listing Date | July 22, 2024 |
| BSE Script Code | 544213 |
| NSE Symbol | |
| ISIN | INE0T3401029 |
| Final Issue Price | ₹95 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹95.00 |
| ₹165.00 |
| ₹156.75 |
| ₹173.25 |
| ₹173.25 |
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/
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
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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
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.
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