Aelea Commodities IPO Details, Date, Allotment, Review

Aelea Commodities Limited IPO is open for subscription on July 12, 2024, and closes on July 16, 2024. The allotment for the IPO is expected on July 18, 2024. Aelea Commodities IPO will be listed on BSE SME with a listing date fixed as July 22, 2024.

The Aelea Commodities IPO is a book-built issue totalling Rs 51 crores. This offering consists solely of 53.69 lakh newly issued shares.

Source from Aelea Commodities IPO DRHP

Aelea Commodities IPO Details, Date, Allotment, Review

Aelea Commodities IPO Details

Open DateJuly 12, 2024
Close DateJuly 16, 2024
Listing DateJuly 18, 2024
IPO SizeA total of Rs 51 crores and 53.69 lakh shares
Fresh Issue55,00,000 Equity Shares
Face Value₹10 per share
IPO Price Band₹91 to ₹95 per share
IPO Listing onBSE SME
Lot Size1200 Shares
OFSN.A
Share Offered to Retail35%
Share Offered to QBI50%
Share Offered to HNI15%

Prizor Viztech IPO Date

  • IPO Open Date: July 12, 2024
  • IPO Close Date: July 16, 2024
  • Allotment: July 18, 2024
  • Refunds: July 19, 2024
  • Shares Credit to Demat: July 19, 2024
  • Listing Date: July 22, 2024

Lot Size

Application TypeLotsSharesAmount (₹)
Retail (Min)11200₹114,000
Retail (Max)11200₹114,000
HNI (Min)22400₹228,000

Anchor Investors Details

Aelea Commodities IPO successfully raised Rs 14.52 crore from anchor investors who participated in the bidding on July 11, 2024. The anchor investors have agreed to a lock-in period where 50% of their allocated shares will be restricted until August 17, 2024, and the remaining shares will be locked until October 16, 2024.

Aelea Commodities IPO GMP (Grey Market Premium)

If you want to know Aelea Commodities IPO GMP (Grey Market Premium) then please visit our IPO GMP section and get daily updates on grey market premium. We update here all IPOs GMP.

Aelea Commodities IPO Subscription Status

Aelea Commodities IPO subscription starts on July 12, 2024, To get live IPO subscription status data go to our IPO Subscription section and see any ongoing IPO Subscription Status.

Aelea Commodities IPO Allotment Status

To check Aelea Commodities IPO allotment status go to the IPO registrar website ”Maashitla Securities Private Limited” or go to IPO Allotment>>.
You can find here any IPO allotment status. Following some stapes.

  1. Go to the Link given above.
  2. Select the IPO Name
  3. Enter your PAN/ DP ID/ Application No
  4. Submit details and get the allotment status.

Know About Company

Established in 2018, Aelea Commodities Limited specializes in trading agricultural products, primarily focusing on cashew nuts. The company also deals in a variety of other goods such as sugar, pulses, soybeans, rice, and wheat flour.

Aelea Commodities sources Raw Cashew Nuts (RCN) from countries across Africa, including Benin, Tanzania, Burkina Faso, Senegal, and Cote d’Ivoire. Additionally, it trades by-products from sugar mills, like Bagasse.

The company’s clientele spans Rajasthan, Karnataka, Gujarat and Mumbai, with significant international customers based in Dubai and Sri Lanka.

Located in Surat, Gujarat, Aelea Commodities operates its main processing unit and is in the process of setting up another facility in the Taluka district of Surat, Gujarat. This expansion aims to enhance their processing capabilities and meet growing market demands.

Objects of the Issue

  1. Purchase of Plant and Machinery at existing manufacturing unit;
  2. General Corporate Purposes.

Promoters of Aelea Commodities Limited

Aelea Commodities Limited is promoted by Hozefa S Jawadwala, Satyanarayan Patro, Ashok Patel, Firoz Gulamhusein Hathiyari, Rashida Hozefa Jawadwala, Sonali Malla, Sumita A Patel, and Farida Firoz Hathiyari.

Before the IPO, the promoters collectively hold 86.45% of the company’s shares. Following the issue of shares through the IPO, their collective holding will reduce to 63.66%. This indicates the portion of ownership retained by the promoters after offering shares to the public.

Financial Performance of Aelea Commodities Limited

Period Ended31 May 202431 Mar 202331 Mar 202231 Mar 2021
Assets (₹ Lakhs)11,641.289,876.857,028.035,041.15
Revenue (₹ Lakhs)2,758.4711,014.4410,550.8547,595.26
Profit After Tax (₹ Lakhs)280.36191.221,063.111,108.51
Net Worth (₹ Lakhs)4,875.323,383.003,060.891,940.51
Reserves and Surplus (₹ Lakhs)3,375.323,351.003,029.531,932.69
Total Borrowing (₹ Lakhs)4,120.363,327.402,130.761,096.14

KPI Of Aelea Commodities Limited

Key Financial PerformanceAs of December 31, 2023For the year ended March 31, 2023
Revenue from Operations (₹ Lakhs)9,691.4410,894.74
EBITDA (₹ Lakhs)1,465.39520.66
EBITDA Margin (%)15.12%4.78%
PAT (₹ Lakhs)884.35191.22
PAT Margin (%)9.13%1.76%
Return on Equity (%)23.21%5.98%
Return on Capital Employed (%)25.37%11.34%
Debt-Equity Ratio (times)1.010.99
Net Fixed Asset Turnover Ratio (times)2.813.43
Current Ratio (times)1.441.27

EPS and P/E ratios Pre IPO and Post IPO

Pre IPOPost IPO
EPS (Rs)8.188.28
P/E (x)11.6211.48

Peer Group

  • Krishival Food Limited
  • Prospect Commodities Limited

Aelea Commodities Limited IPO Registrar

MAASHITLA SECURITIES PRIVATE LIMITED
451, Krishna Apra Business Square, Netaji Subhash Place,
Pitampura, Delhi 110 034, India.
Telephone: 011 4512 1795
Email: ipo@maashitla.com
Investor Grievance e-mail: investor.ipo@maashitla.com
Website: www.maashitla.com

Aelea Commodities Limited IPO Lead Manager

EKADRISHT CAPITAL PRIVATE LIMITED
1102, Summitt Business Bay, Chakala, Andheri Kurla Road, Andheri East,
Chakala MIDC, Mumbai, 400 093, Maharashtra, India.
Tel. No.: +91 89286 31037 | Email: info@ekadrisht.com
Investor Grievance Email: grievances@ekadrisht.com
Website: www.ekadrisht.com

Aelea Commodities Limited Contact

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 Limited IPO Application Form PDF

To download the Aelea Commodities Limited IPO application form Check out the Application Form Download ASBA IPO Forms PDF.

Aelea Commodities Limited IPO Review

Update Soon

FAQs – Aelea Commodities Limited IPO

When does the Aelea Commodities Limited IPO open and close for subscription?

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

What is the listing date for Aelea Commodities IPO?

Aelea Commodities IPO is expected to be listed on BSE SME on July 22, 2024.

What are the objects of the Aelea Commodities IPO?

The proceeds from the Aelea Commodities IPO will be utilized for the purchase of plant and machinery at the existing manufacturing unit and for general corporate purposes.

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