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Amanaya Ventures Limited IPO (Amanaya Ventures IPO) Detail

February 24, 2023 - February 28, 2023

Amanaya Ventures IPO is a fixed price issue of Rs 2.76 crores. The issue is entirely a fresh issue of 12 lakh shares.

Amanaya Ventures IPO bidding started from February 24, 2023 and ended on February 28, 2023. The allotment for Amanaya Ventures IPO was finalized on Friday, March 3, 2023. The shares got listed on BSE SME on March 9, 2023.

Amanaya Ventures IPO price is ₹23 per share. The minimum lot size for an application is 6000 Shares. The minimum amount of investment required by retail investors is ₹138,000. The minimum lot size investment for HNI is 2 lots (12,000 shares) amounting to ₹276,000.

First Overseas Capital Limited is the book running lead manager of the Amanaya Ventures IPO, while Beetal Financial & Computer Services (P) Limited is the registrar for the issue. The market maker for Amanaya Ventures IPO is Nikunj Stock Brokers.

Refer to Amanaya Ventures IPO RHP for detailed information.

Amanaya Ventures IPO Details

IPO Date February 24, 2023 to February 28, 2023
Listing Date March 9, 2023
Face Value ₹10 per share
Price ₹23 per share
Lot Size 6000 Shares
Total Issue Size1,200,000 shares
(aggregating up to ₹2.76 Cr)
Fresh Issue1,200,000 shares
(aggregating up to ₹2.76 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Market Maker portion60,000 shares
Nikunj Stock Brokers

Amanaya Ventures IPO Reservation

Amanaya Ventures IPO offers 1,200,000 shares. 570,000 (47.50%) to NII, 570,000 (47.50%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered60,000 (5.00%)
Other Shares Offered570,000 (47.50%)
Retail Shares Offered570,000 (47.50%)
Total Shares Offered1,200,000 (100%)

Amanaya Ventures IPO Timeline (Tentative Schedule)

Amanaya Ventures IPO opens on February 24, 2023, and closes on February 28, 2023.

IPO Open Date Friday, February 24, 2023
IPO Close Date Tuesday, February 28, 2023
Basis of Allotment Friday, March 3, 2023
Initiation of Refunds Monday, March 6, 2023
Credit of Shares to Demat Wednesday, March 8, 2023
Listing Date Thursday, March 9, 2023
Cut-off time for UPI mandate confirmation 5 PM on February 28, 2023

Amanaya Ventures IPO Lot Size

Investors can bid for a minimum of 6000 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 6000 ₹138,000
Retail (Max) 1 6000 ₹138,000
HNI (Min) 2 12,000 ₹276,000
Lot Size Calculator

Amanaya Ventures IPO Promoter Holding

MR. Manan Mahajan is the Promoter of the Company.

Share Holding Pre Issue 59.80%
Share Holding Post Issue 37.50%

About Amanaya Ventures Limited

Incorporated in 2009, Amanaya Ventures Limited was formed with the objective of promoting SPOT buying and selling of Gold across India. They are bullion traders, specializing in bars and coins of various sizes and weights of Gold and Silver.

The company offers wholesale delivery of bullion to domestic users like ornament manufacturers, goldsmiths, jewelers, and semi-wholesalers as well as individual customs. The Company is a member of "The Indian Bullion and Jewellers Association Ltd" and "The Federation of Indian Export Organisations".

The company also offers the Aurel Gold Purchase Plan for retail customers in order to enable them to purchase physical gold in smaller quantities. The motive of the company is to provide a transparent, convenient, and cost-effective manner for purchasing gold.

Amanaya Ventures Limited has developed its own brand under the name "Aurel Bullion". The brand provides advantage to the customers for relying on the quality of
the product. All of the gold jewellery offered is hallmarked by BIS except gold jewellery weighing less than two grams which is not required to be hallmarked.

Company Financials

Amanaya Ventures Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
Amount in ₹ Lakhs

Key Performance Indicator

The market capitalization of Amanaya Ventures IPO is Rs 8.6 Cr.

Pre IPO Post IPO
P/E (x) 92

Objects of the Issue (Amanaya Ventures IPO Objectives)

The Net Proceeds from the Issue are proposed to be utilized by the Company for the following objects:

  1. To meet the Working Capital requirements; and
  2. General Corporate Expenses.

Amanaya Ventures IPO Review (Avoid)

[Dilip Davda]  The company is engaged in trading gold and silver bars/coins and its own brand of jewellery. Based on its latest financial performance the issue is priced at a P/E of 92. Thus there is no harm in avoiding this pricey and risky issue. Read detail review...

Amanaya Ventures IPO Subscription Status (Bidding Detail)

The Amanaya Ventures IPO is subscribed 1.75 times on February 28, 2023 6:58:00 PM. The public issue subscribed 2.73 times in the retail category, times in the QIB category, and 0.77 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Amanaya Ventures IPO Prospectus

Amanaya Ventures IPO Rating

Rating:Rated 1.0 stars
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Amanaya Ventures IPO Listing Details

Listing Date March 9, 2023
BSE Script Code 543804
NSE Symbol
Final Issue Price ₹23 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

Check IPO Performance…

Amanaya Ventures Limited Contact Details

Amanaya Ventures Limited
69-70, First Floor,
Deep Complex, Court Road,
Phone: +91 9914997607

Amanaya Ventures IPO Registrar

Beetal Financial & Computer Services (P) Limited

Phone: +91 11 29961281

Amanaya Ventures IPO - Buy or Not

Amanaya Ventures IPO Recommendation Summary

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

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Amanaya Ventures IPO FAQs

Amanaya Ventures IPO is a SME IPO of 1,200,000 equity shares of the face value of ₹10 aggregating up to ₹2.76 Crores. The issue is priced at ₹23 per share. The minimum order quantity is 6000 Shares.

The IPO opens on February 24, 2023, and closes on February 28, 2023.

Beetal Financial & Computer Services (P) Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

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

Steps to apply in Amanaya Ventures 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 'Amanaya Ventures 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 Amanaya Ventures IPO opens on February 24, 2023 and closes on February 28, 2023.

Amanaya Ventures IPO lot size is 6000 Shares, and the minimum amount required is ₹138,000.

You can apply in Amanaya Ventures 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 Amanaya Ventures IPO will be done on Friday, March 3, 2023, and the allotted shares will be credited to your demat account by Wednesday, March 8, 2023. Check the Amanaya Ventures IPO allotment status.

The Amanaya Ventures IPO listing date is on March 9, 2023.
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Amanaya Ventures IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



46. AMIT IND |   Link |  Bookmark |March 29, 2023 11:18:08 PM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
Allotted 5998 shares in one application. Other application status is not showing.
45. Gaurav DD dimer |   Link |  Bookmark |March 23, 2023 3:59:02 PM
IPO Mentor IPO Mentor (1200+ Posts, 400+ Likes)
20% UC with just 1 lot trade.
44. Visamp |   Link |  Bookmark |March 23, 2023 11:31:27 AM
43. IPOmentor |   Link |  Bookmark |March 17, 2023 6:52:17 PM
10 Lots to market maker ko hi bataka diye
42. IPOmentor |   Link |  Bookmark |March 17, 2023 6:47:07 PM
it will also come down below 13/-. 3.92 lakhs se jyada profit to ise forum ke kai members ka hoga
41. SJogi |   Link |  Bookmark |March 16, 2023 11:33:22 PM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
Mast banaya hai retailers ko isne.
40. SME INVESTOR |   Link |  Bookmark |March 14, 2023 1:22:37 PM (300+ Posts)
39. SJogi |   Link |  Bookmark |March 10, 2023 11:23:06 AM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
no sign of buying here.
please avoid this share.
38. PLAZA |   Link |  Bookmark |March 9, 2023 6:35:13 PM
IPO Guru IPO Guru (2000+ Posts, 1200+ Likes)
Money rIsed from sme is used 50 % for issue expenses then why promoter manage price . He will enjoy rest of money for his household expenditure for few years.
37. Seth |   Link |  Bookmark |March 9, 2023 1:56:16 PM
Fraud LM and promoter.
Inko laga Gargi uc pe uc mar ke bahot badh gaya to ye bhi 70+ PE pe chalega.
Reality me dono company overpriced he aur growth to ekdam nil he fir bhi paisa lene aa gaye.

Ese IPO lane vale pe court case hona chaiye , aur jo fase he uske paise unko vapas milne chaiye , IPO system me bahot hi sare loopholes he uska galat use hona kab bandh kar sakegi SEBI!!!
37.1. JAI JAI GARVI GUJARAT |   Link |  Bookmark |March 9, 2023 2:06:10 PM
IPO Mentor IPO Mentor (800+ Posts, 300+ Likes)
Pr lagaye hi kyu esi company me
37.2. Seth |   Link |  Bookmark |March 9, 2023 2:34:16 PM
Are yaar mene kab kaha mene lagaya 😂 jisne lagya kuch paiso ke chakkar me vo bichare fas gaye hoge aur galti promoters ki he bhai unko rokna padega.
Log equity ka matalb nhi samjte , bus aa jate he apni hard earned savings leke "bet" karne , sochte he listing gain leke nikal lege par socho to sahi tum bechoge to lene vala bhi koi unaware poor retailer hi hoga!
Lagane vale ki galti to he hi par promoter and LM to sab jante hue bhi , jan buzkar logo ka paisa lene aate he na ,vo hi sudhar jaye to aage problem hi nahi hogi kisiko.
36. Santosh IPO Investor |   Link |  Bookmark |March 9, 2023 1:18:52 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
disappointed listing. small issue still not managed by LM
35. Arjun Rajkot |   Link |  Bookmark |March 9, 2023 8:56:46 AM
IPO Guru IPO Guru (1000+ Posts, 1900+ Likes)
Hope No one Stuck
34. Hope is life |   Link |  Bookmark |March 9, 2023 8:56:07 AM
IPO Mentor IPO Mentor (900+ Posts, 600+ Likes)
heavy discount listing..

even though issue size is 2-3 cr..

33. Santosh IPO Investor |   Link |  Bookmark |March 8, 2023 4:52:59 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Amanaya ventures listing tomorrow above to issue price
33.1. SJogi |   Link |  Bookmark |March 8, 2023 10:15:18 PM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
you seem very confident brother.
i guess it may list above ipo price as ipo size is very small.
all the best to you.
32. Santosh IPO Investor |   Link |  Bookmark |March 8, 2023 4:52:51 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Amanaya ventures listing tomorrow above to issue price
31. SJogi |   Link |  Bookmark |March 8, 2023 3:00:08 PM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
Very bad ipo
Avoided by HNIs too.
Retailers will be trapped.
31.1. SJogi |   Link |  Bookmark |March 9, 2023 6:58:48 PM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
as i said......
30. Gaurav DD dimer |   Link |  Bookmark |March 8, 2023 9:05:47 AM
IPO Mentor IPO Mentor (1200+ Posts, 400+ Likes)
Trading members of the Exchange are hereby informed that the equity shares of Amanaya Ventures Limited shall be listed and admitted to dealings on the Exchange in due course.

Name of the Co. Amanaya Ventures Limited
Scrip Code. 543804
ISIN No. INE0G1V01016

The date of listing and the details of the securities shall be informed through a separate notice.

For and on behalf of BSE Limited

Rupal Khandelwal
Assistant General Manager
Wednesday, March 8, 2023
29. SJogi |   Link |  Bookmark |March 7, 2023 7:14:22 PM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
Last ipo by this LM gave 50% listing gains but svs ventures ipo was very bad
28. KING VINOD |   Link |  Bookmark |March 6, 2023 10:15:42 PM
IPO Guru IPO Guru (2400+ Posts, 5300+ Likes)
Amanaya Ventures very Small issue, so it maybe easily manageable on listing day.
27. SJogi |   Link |  Bookmark |March 6, 2023 9:46:08 PM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
I dont know what confidence does this company has that it is bringing IPO at PE of 92.
where others companies with PE of 20+ are struggling in sme market.
will stay away from this.
all the best to those who get allotted and i hope for positive listing.