Aelea Commodities IPO will open for subscription from 12 July 2024. The company aims for an issue size of ₹51 Cr through this IPO.
Company Overview
| Full name | Aelea Commodities Limited |
| Sector | Trading |
| Industry | Trading |
| Company Website | https://www.aeleacommodities.com/ |
About Company
Founded in 2018, Aelea Commodities has become a key player in the agricultural trading sector. At the outset, the company focused on trading sugar, cashews, pulses, and various other commodities. Their processing facility is strategically situated within the Gujarat Agro Infrastructure Mega Food Park, near the town of Mota Miya Mangrol in Surat.
Aelea Commodities specializes in the comprehensive processing and trading of cashews, serving both B2B and B2C markets with a commitment to high-quality products. Additionally, Aelea Commodities operates a subsidiary, Supreme Commodities DMCC, based in Dubai. The company imports Raw Cashew Nuts (RCN) from various African countries, including Benin and Tanzania. Aelea Commodities supplies its products both domestically and globally. In India, the majority of its customers are located in Rajasthan, Karnataka, Gujarat, and Mumbai. Internationally, most of its customers are based in Dubai and Sri Lanka. As of 31 May 2024, the company has a total of 48 permanent employees across various departments.
The Objectives of the Issue
- Setting up a new manufacturing unit and installing Plant and machinery thereon;
- Purchasing Plant and Machinery at an existing manufacturing unit;
- General Corporate Purposes.
Aelea Commodities IPO Timetable
| IPO Opening date | 12 July 2024 |
| IPO Closing | 16 July 2024 |
| Basis of Allotment | 18 July 2024 |
| Initiation Refund | 19 July 2024 |
| Credit to Demat Account | 19 July 2024 |
| Listing Date | 22 July 2024 |
Aelea Commodities IPO details
| Issue type | Book Built Issue IPO |
| IPO issue size | ₹51 Cr – 5,368,800 shares |
| Fresh Issue | ₹51 Cr – 5,368,800 shares |
| Offer for sale | Nil |
| Face value | ₹10 per share |
| Price Band | ₹91 to ₹95 per share |
| Lot size | 1200 Shares |
| Market Maker portion | 268,800 shares |
| Shareholding pre-issue | 14,950,000 |
| Shareholding post-issue | 20,318,800 |
| Listing Exchange | BSE SME |
Aelea Commodities Offer Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹114,000 |
| Retail (Max) | 1 | 1200 | ₹114,000 |
| HNI (Min) | 2 | 2,400 | ₹228,000 |
Aelea Commodities Offer Documents
Aelea Commodities Offer Reservation Details
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | 1,528,800 (28.48%) |
| Market Maker Shares Offered | 268,800 (5.01%) |
| QIB Shares Offered | 1,020,000 (19.00%) |
| NII (HNI) Shares Offered | 765,600 (14.26%) |
| Retail Shares Offered | 1,785,600 (33.26%) |
| Total Shares Offered | 5,368,800 (100%) |
Aelea Commodities Financial Performance
| FY 2022 | FY 2023 | FY 2024 | 2M FY 2025 | |
| Revenue | 102.76 | 108.95 | 142.37 | 27.56 |
| Expenses | 95.76 | 107.17 | 129.95 | 24.63 |
| Net income | 10.63 | 1.91 | 12.22 | 2.80 |
Aelea Commodities Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 7.09 | 1.27 | 8.15 |
| PE ratio | – | – | 11.17 – 11.66 |
| RONW (%) | 35.03 | 5.70 | 26.61 |
| NAV | 20.32 | 22.38 | 30.62 |
| ROCE (%) | 28.91 | 11.34 | 31.94 |
| EBITDA (%) | 8.33 | 4.78 | 12.97 |
| Debt/Equity | 0.70 | 0.99 | 0.89 |
Company Promoters
- Hozefa S Jawadwala
- Satyanarayan Patro
- Ashok Patel
- Firoz Gulamhusein Hathiyari
- Rashida Hozefa Jawadwala
- Sonali Malla
- Sumita A Patel
- Farida Firoz Hathiyari
Promoter Holding
| Pre Issue Share Holding | 86.45% |
| Post Issue Share Holding | 63.66% |
Aelea Commodities IPO GMP Update
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 20 July 2024 | 75 | – | 70,000 |
| 19 July 2024 | 75 | – | 70,000 |
| 18 July 2024 | 72 | – | 68,000 |
| 17 July 2024 | 65 | – | 62,000 |
| 16 July 2024 | 50 | – | 51,000 |
| 15 July 2024 | 58 | – | 62,500 |
| 12 July 2024 | 30 | – | 35,000 |
Aelea Commodities IPO Subscription Update
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 10,20,000 | 7,65,600 | 17,85,600 | 35,71,200 |
| 16 Jul 2024 | 104.22 | 390.23 | 164.89 | 195.87 |
| 15 Jul 2024 | 0.01 | 43.00 | 43.94 | 31.19 |
| 12 Jul 2024 | 0.00 | 4.51 | 8.08 | 5.01 |
Aelea Commodities IPO Allotment Status
Aelea Commodities IPO allotment status is now available on the Maashitla Securities website. Click on Maashitla Securities IPO weblink to get allotment status.
Aelea Commodities IPO Listing Details
| Listing Date | 22 July 2024 |
| BSE Scrip Code | 544213 |
| NSE Symbol | – |
| ISIN | INE0T3401029 |
| Final Issue Price | ₹95 per share |
Aelea Commodities IPO Listing Day Update
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Aelea Commodities IPO Lead Manager(s)
EKADRISHT CAPITAL PRIVATE LIMITED
1102, Summitt Business Bay, Chakala, Andheri Kurla Road,
Andheri East Chakala MIDC, Mumbai, 400 093, Maharashtra
Phone: +91 89286 31037
Email: info@ekadrisht.com
Website: www.ekadrisht.com
Aelea Commodities Registrar
MAASHITLA SECURITIES PRIVATE LIMITED
451, Krishna Apra Business Square,
Netaji Subhash Place, Pitampura, Delhi – 110034
Phone: 011-45121795
Email: ipo@maashitla.com
Website: www.maashitla.com
Aelea Commodities Contact Details
AELEA COMMODITIES LIMITED
Office No.7, 2nd Floor, Ahfajo House,
Plot No. 778 & 779, 22 Rustom Shidwa Marg,
Gunbow Street, Fort, Mumbai 400 001, Maharashtra
Phone: +91- 22 6634 09891
E-mail: info@aeleacommodities.com
Website: www.aeleacommodities.com
Aelea Commodities IPO FAQs
What is the Aelea Commodities offer size?
Aelea Commodities offer size is ₹ 48.86 – 51.0 crores.
What is the Aelea Commodities offer price band?
Aelea Commodities public offer price is INR 91 – 95 per share.
What is the lot size of the Aelea Commodities IPO?
Aelea Commodities offer a lot size is 1,200 shares.
What is Aelea Commodities Offer GMP today?
Aelea Commodities IPO GMP today is ₹ 75 per share.
What is the Aelea Commodities kostak rate today?
Aelea Commodities kostak rate today is ₹ NA per application.
What is Aelea Commodities Subject to the Sauda rate today?
Aelea Commodities is Subject to the Sauda rate today is ₹ 70,000 per application.
Final thoughts
Aelea Commodities IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. Study the company well and subscribe if you feel good about it. I hope this post will give you enough details to research the company fundamentally. learn well and make wise decisions.
Happy Investing
