Fixed Price IPO | ₹3 Cr | Listed at BSE SME | Fri, Feb 24, 2023 - Tue, Feb 28, 2023
Amanaya Ventures IPO is a fixed price issue of ₹2.76 crores. The issue is entirely a fresh issue of 0.12 crore shares of ₹2.76 crore.
Amanaya Ventures IPO bidding started from Feb 24, 2023 and ended on Feb 28, 2023. The allotment for Amanaya Ventures IPO was finalized on Mar 3, 2023. The shares got listed on BSE SME on Mar 9, 2023.
Amanaya Ventures IPO price is ₹23 per share. The lot size for an application is 6,000. The minimum amount of investment required by an individual investor (retail) is ₹1,38,000 (6000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (12,000 shares), amounting to ₹2,76,000.
First Overseas Capital Ltd. is the book running lead manager and Beetal Financial & Computer Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Nikunj Stock Brokers Ltd..
Refer to Amanaya Ventures IPO RHP for detailed Information.
IPO Open
Fri, Feb 24, 2023
IPO Close
Tue, Feb 28, 2023
Issue Price
₹23 per share
Market Cap (Pre-IPO)
₹8.60 Cr
| IPO Date | 24 to 28 Feb, 2023 |
| Listed on | Thu, Mar 9, 2023 |
| Face Value | ₹10 per share |
| Issue Price | ₹23 per share |
| Lot Size | 6,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 12,00,000 shares (agg. up to ₹3 Cr) |
| Reserved for Market Maker | 60,000 shares Nikunj Stock Brokers Ltd. (agg. up to ₹0.1380 Cr) |
| Fresh Issue (Ex Market Maker) | 11,40,000 shares (agg. up to ₹3 Cr) |
| Net Offered to Public | 11,40,000 shares (agg. up to ₹3 Cr) |
| Share Holding Pre Issue | 25,39,000 shares |
| Share Holding Post Issue | 37,39,000 shares |
| BSE Script Code | 543804 |
| ISIN | INE0G1V01016 |
Amanaya Ventures IPO comprises a total issue size of 12,00,000 shares. The net offer to the public is 11,40,000 shares, after excluding 60,000 shares allotted on a firm basis. Of the Net offer 5,70,000 (50.00%) allocated to NII 5,70,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 5,70,000 | 50.00% | 47.50% |
| Retail Shares Offered | 5,70,000 | 50.00% | 47.50% |
| Firm Reservations | |||
| Market Maker Shares Offered | 60,000 | 5.00% | |
| Total Shares Offered | 12,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 6,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹1,38,000 |
| Retail (Max) | 1 | 6,000 | ₹1,38,000 |
| HNI (Min) | 2 | 12,000 | ₹2,76,000 |
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.
| Period Ended | 31 Aug 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 2.57 | 2.04 | 1.87 | 1.92 |
| Total Income | 4.73 | 13.25 | 6.20 | 4.46 |
| Profit After Tax | 0.04 | 0.08 | 0.01 | 0.00 |
| NET Worth | 2.50 | 1.97 | 1.86 | 1.85 |
| Reserves and Surplus | -0.04 | -0.41 | 0.89 | 0.88 |
| Total Borrowing | 0.04 | 0.05 | ||
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet the Working Capital requirements; | 2.50 |
| 2 | General Corporate Expense | 0.26 |
| KPI | |
|---|---|
| Debt/Equity | 0.03 |
| RoNW | 0.15 |
| EBITDA Margin | 0.98% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 0.36 | |
| P/E (x) | 92 | |
| Promoter Holding | 59.80% | 37.50% |
| Market Cap | ₹8.60 Cr. |
The Amanaya Ventures IPO is subscribed 1.75 times on February 28, 2023 6:58:00 PM (Day 3). 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)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 0.77 | 5,70,000 | 4,38,000 |
| Retail | 2.73 | 5,70,000 | 15,54,000 |
| Total | 1.75 | 11,40,000 | 19,92,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue management fees including fees and reimbursements of Market Making fees and payment to other intermediaries such as Legal Advisors to the IPO, Registrars and other out of pocket expenses. | 0.14 |
| 2 | Advertising and marketing expenses | 0.03 |
| 3 | Printing & Stationery, Distribution, Postage | 0.02 |
| 4 | Regulatory and other statutory expenses including Listing Fee | 0.07 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹23.00 |
| Open | ₹20.10 |
| Low | ₹19.10 |
| High | ₹21.00 |
| Last Trade | ₹19.10 |
Beetal Financial & Computer Services Pvt.Ltd.
Lead Manager Reports
Amanaya Ventures IPO is a SME IPO of 12,00,000 equity shares of the face value of ₹10 aggregating up to ₹3 Crores. The issue is priced at ₹23 per share. The minimum order quantity is 6000.
The IPO opens on Fri, Feb 24, 2023, and closes on Tue, Feb 28, 2023.
Beetal Financial & Computer Services Pvt.Ltd. 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
Visit Zerodha IPO Application Process Review for more detail.
The Amanaya Ventures IPO opens on Fri, Feb 24, 2023 and closes on Tue, Feb 28, 2023.
Amanaya Ventures IPO lot size is 6000, and the minimum amount required for application is ₹1,38,000.
You can apply in Amanaya Ventures 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 Amanaya Ventures IPO will be done on Friday, March 3, 2023, and the allotted shares will be credited to your demat account by Wed, Mar 8, 2023. Check the Amanaya Ventures IPO allotment status.
The Amanaya Ventures IPO listing date is on Thu, Mar 9, 2023.
