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Aelea Commodities IPO is a book build issue of ₹51.00 crores. The issue is entirely a fresh issue of 0.54 crore shares of ₹51.00 crore.
Aelea Commodities IPO bidding started from Jul 12, 2024 and ended on Jul 16, 2024. The allotment for Aelea Commodities IPO was finalized on Jul 18, 2024. The shares got listed on BSE SME on Jul 22, 2024.
Aelea Commodities IPO price band is set at ₹95.00 per share . The lot size for an application is 1,200. The minimum amount of investment required by an retail is ₹1,09,200 (1200 shares). The minimum lot size investment for HNI is 2 lots (2,400 shares), amounting to ₹2,28,000.
Ekadrisht Capital Pvt.Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The market maker of the company is SS Corporate Securities Ltd..
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 |
| Issue Price Band | ₹91 to ₹95 per share |
| Issue Price Final | ₹95 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 53,68,800 shares (aggregating up to ₹51.00 Cr) |
| Reserved for Market Maker | 2,68,800 shares SS Corporate Securities Ltd. (aggregating up to ₹2.55 Cr) |
| Net Offered to Public | 51,00,000 shares (aggregating up to ₹48.45 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,49,50,000 shares |
| Share Holding Post Issue | 2,03,18,800 shares |
Aelea Commodities IPO offers total 53,68,800 shares. Out of which 25,48,800 (47.47%) allocated to QIB, 10,20,000 (19.00%) allocated to QIB, 7,65,600 (14.26%) allocated to NII, 17,85,600 (33.26%) allocated to RII and 15,28,800 (28.48%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,68,800 (5.01%) |
| QIB Shares Offered | 25,48,800 (47.47%) |
| − Anchor Investor Shares Offered | 15,28,800 (28.48%) |
| − QIB (Ex. Anchor) Shares Offered | 10,20,000 (19.00%) |
| NII (HNI) Shares Offered | 7,65,600 (14.26%) |
| Retail Shares Offered | 17,85,600 (33.26%) |
| Total Shares Offered | 53,68,800 (100.00%) |
Aelea Commodities IPO raises ₹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 | 15,28,800 |
| 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 | Fri, Jul 12, 2024 |
| IPO Close Date | Tue, Jul 16, 2024 |
| Tentative Allotment | Thu, Jul 18, 2024 |
| Initiation of Refunds | Fri, Jul 19, 2024 |
| Credit of Shares to Demat | Fri, Jul 19, 2024 |
| Tentative Listing Date | Mon, Jul 22, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Jul 16, 2024 |
Investors can bid for a minimum of 1,200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹1,14,000 |
| Retail (Max) | 1 | 1,200 | ₹1,14,000 |
| HNI (Min) | 2 | 2,400 | ₹2,28,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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 |
| 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 | |||||
The market capitalization of Aelea Commodities IPO is ₹193.03 Cr.
KPI as of Fri, May 31, 2024.
| KPI | Values |
|---|---|
| ROE | 5.92% |
| ROCE | 5.72% |
| Debt/Equity | 0.85 |
| RoNW | 5.75% |
| PAT Margin | 10.17% |
| Price to Book Value | 2.92 |
| 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...
| Listing Date | July 22, 2024 |
| BSE Script Code | 544213 |
| NSE Symbol | |
| ISIN | INE0T3401029 |
| Final Issue Price | ₹95 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹95.00 |
| Open | ₹165.00 |
| Low | ₹156.75 |
| High | ₹173.25 |
| Last Trade | ₹173.25 |
Aelea Commodities Ltd.
401 & 402, Saifee Park-2
Dr. Mascarenhas Road,
Mazgaon, Mumbai 400 010
Mumbai, Maharashtra
Phone: +91- 22 6634 09891
Email: info@aeleacommodities.com
Website: https://www.aeleacommodities.com/
Maashitla Securities Pvt.Ltd.
Phone: +91-11-45121795-96
Email: investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
Aelea Commodities IPO is a SME IPO of 53,68,800 equity shares of the face value of ₹10 aggregating up to ₹51.00 Crores. The issue is priced at ₹95 per share. The minimum order quantity is 1200.
The IPO opens on July 12, 2024, and closes on July 16, 2024.
Maashitla Securities Pvt.Ltd. 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, and the minimum amount required for application is ₹1,14,000.
You can apply in Aelea Commodities IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, 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.
The Aelea Commodities IPO listing date is on Monday, July 22, 2024.
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