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Amanaya Ventures Limited IPO (Amanaya Ventures IPO) Detail

Feb 24, 2023 - Feb 28, 2023

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.

Objects of the Issue

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 Details

IPO Date Feb 24, 2023 to Feb 28, 2023
Listing Date Mar 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

Amanaya Ventures IPO Reservation

NII (HNI) Shares Offered570,000 (50% of the Net Issue)
Retail Shares Offered570,000 (50% of the Net Issue)
Market Maker portion60,000 shares (NIKUNJ STOCK BROKERS LIMITED)
Total Shares Offered1,140,000

KPIs

KPI Values
P/E (x)71.88
Market Cap (₹ Cr.)8.6

Amanaya Ventures IPO Tentative Timetable

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

Event Tentative Date
Opening Date Feb 24, 2023
Closing Date Feb 28, 2023
Basis of Allotment Mar 3, 2023
Initiation of Refunds Mar 6, 2023
Credit of Shares to Demat Mar 8, 2023
Listing Date Mar 9, 2023
UPI Mandate Confirmation Cut-Off Time 5.00 PM on the issue closing day

Amanaya Ventures IPO Lot Size

The Amanaya Ventures IPO lot size is 6000 shares.

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.

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

Company Financials

Amanaya Ventures Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-20191.52445.850.13184.9188.13
31-Mar-21187.05620.161.12186.0289.25
31-Mar-22203.621,325.167.63196.75-41.254.93
31-Aug-22256.79473.003.92249.96-3.944.15
Amount in ₹ Lakhs

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 Feb 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)
Other0.77
Retail2.73
Total1.75

Amanaya Ventures IPO Prospectus

Amanaya Ventures IPO Rating

7
1.0
Rating:Rated 1.0 stars
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Amanaya Ventures IPO Listing Details

Listing Date Mar 9, 2023
BSE Script Code 543804
NSE Symbol
ISIN INE0G1V01016
IPO Price ₹23 per share

Listing Day Trading Information

Price Details
IPO Price
Open
Low
High
Last Trade
BSE SME
₹23.00
₹20.10
₹19.10
₹21.00
₹19.10

Check IPO Performance…

Company Contact Information

Amanaya Ventures Limited
69-70, First Floor,
Deep Complex, Court Road,
Amritsar-143001
Phone: +91 9914997607
Email: info@amanaya.in
Website: https://www.amanaya.in/

Amanaya Ventures IPO Registrar

Beetal Financial & Computer Services (P) Limited

Phone: +91 11 29961281
Email: beetal@beetalfinancial.com
Website: http://www.beetalfinancial.com

Amanaya Ventures IPO Analysis

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 Feb 24, 2023, and closes on Feb 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 Feb 24, 2023 and closes on Feb 28, 2023.

Amanaya Ventures IPO lot size is 6000 Shares and the minimum order quantity is .

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 Mar 3, 2023, and the allotted shares will be credited to your demat account by Mar 8, 2023. Check the Amanaya Ventures IPO allotment status.

The Amanaya Ventures IPO listing date is on Mar 9, 2023.
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