Aelea Commodities IPO vs Three M Paper Boards IPO

Comparison between Aelea Commodities IPO and Three M Paper Boards IPO.

IPO Details

Aelea Commodities IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Three M Paper Boards IPO is a SME Bookbuilding proposed to list at BSE SME.

	Aelea Commodities IPO	Three M Paper Boards IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	BSE SME	BSE SME
Lead Managers	Ekadrisht Capital Pvt.Ltd.	Comfort Securities Ltd.
Registrar	Maashitla Securities Pvt.Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	SS Corporate Securities Ltd.	Comfort Securities Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Aelea Commodities IPO is up to ₹48.45 Cr whereas the issue size of the Three M Paper Boards IPO is up to ₹37.83 Cr. The final issue price of Aelea Commodities IPO is ₹95.00 per share and of Three M Paper Boards IPO is ₹69.00 per share.

	Aelea Commodities IPO	Three M Paper Boards IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹91.00 per share	₹67.00 per share
Issue Price (Upper)	₹95.00 per share	₹69.00 per share
Issue Price (Final)	₹95.00 per share	₹69.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1200 shares	2000 shares
Fresh Issue Size	51,00,000 shares	54,82,000 shares
Fresh Issue Size (Amount)	up to ₹48.45 Cr	up to ₹37.83 Cr
OFS Issue Size	0 shares	0 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹0.00 Cr
Issue Size Total	51,00,000 shares	54,82,000 shares
Issue Size Total (Amount)	up to ₹48.45 Cr	up to ₹37.83 Cr

IPO Timetable

Aelea Commodities IPO opens on Jul 12, 2024, while Three M Paper Boards IPO opens on Jul 12, 2024. The closing date of Aelea Commodities IPO and Three M Paper Boards IPO is Jul 16, 2024, and Jul 16, 2024, respectively.

	Aelea Commodities IPO	Three M Paper Boards IPO
Anchor Bid Date	Jul 11, 2024	Jul 11, 2024
Issue Open	Jul 12, 2024	Jul 12, 2024
Issue Close	Jul 16, 2024	Jul 16, 2024
Basis Of Allotment (Tentative)	Jul 18, 2024	Jul 18, 2024
Initiation of Refunds (Tentative)	Jul 19, 2024	Jul 19, 2024
Credit of Share (Tentative)	Jul 19, 2024	Jul 19, 2024
Listing date (Tentative)	Jul 22, 2024	Jul 22, 2024
Anchor Lockin End date 1	Aug 17, 2024	Aug 17, 2024
Anchor Lockin End date 2	Oct 16, 2024	Oct 16, 2024

Financials & KPIs

Aelea Commodities IPO P/E ratio is 11.62, as compared to Three M Paper Boards IPO P/E ratio of 8.19.

Aelea Commodities IPO

Three M Paper Boards IPO

Financials

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 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
Total Income	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

Three M Paper Boards Limited Financial Information (Restated Consolidated)

Three M Paper Boards Limited's revenue decreased by -16.3% and profit after tax (PAT) rose by 71.53% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	19,519.88	18,942.55	18,150.44	14,225.50
Total Income	27,601.56	32,974.92	31,600.49	16,552.14
Profit After Tax	1,134.72	661.53	327.56	172.63
Net Worth	6,110.39	4,725.67	4,064.14	3,736.58
Reserves and Surplus	4,763.85	4,070.65	3,409.12	3,081.56
Total Borrowing	7,264.08	8,182.40	7,802.06	5,353.41
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

86.45

100.00

Promoter Shareholding (Post-Issue)

63.66

70.00

P/E Ratio

11.62

8.19

Market Cap

₹193.03 Cr.

₹132.74 Cr.

ROE

5.92%

18.57%

ROCE

5.72%

19.71%

Debt/Equity

0.85

1.19

EPS

₹8.18

₹8.43

RoNW

5.75%

18.51%

Shares Offered

In the Aelea Commodities IPO Retail Individual Investors (RII) are offered 17,85,600 shares while in Three M Paper Boards IPO retail investors are offered 17,85,600 shares. Qualified Institutional Buyers (QIB) are offered 10,20,000 shares in Aelea Commodities IPO and 10,96,000 shares in Three M Paper Boards IPO.

	Aelea Commodities IPO	Three M Paper Boards IPO
Anchor Investor Reserveration	15,28,800 shares	16,42,000 shares
Market Maker Reserveration	2,68,800 shares	2,90,000 shares
QIB	10,20,000 shares	10,96,000 shares
NII	7,65,600 shares	8,24,000 shares
RII	17,85,600 shares	19,20,000 shares
Employee
Others
Total	51,00,000 shares	54,82,000 shares

Bids Received (Subscription)

Aelea Commodities IPO subscribed 195.83x in total, whereas Three M Paper Boards IPO subscribed 171.33x.

	Aelea Commodities IPO	Three M Paper Boards IPO
QIB (times)	104.22x	79.37x
NII (times)	389.87x	284.67x
Big NII (times)
Small NII (times)
RII (times)	164.95x	175.19x
Employee (times)
Other (times)
Total (times)	195.83x	171.33x

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