Amanaya Ventures IPO

Amanaya Ventures IPO will open for subscription from 24 February 2023. the company aims for an issue size of ₹2.76 Cr through this IPO.

About Company

Amanaya Ventures was formed with the objective of promoting SPOT buying and selling of Gold across India. It is 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. It 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 has developed its own brand under the name ‘Aurel Bullion’. The brand provides the advantage to the customers for relying on the quality of the product. All of the gold jewelry offered is hallmarked by BIS except gold jewelry weighing less than two grams which is not required to be hallmarked.

Basic details about the company

Full nameAmanaya Ventures Limited
Company Website

The objective of the Issue

  • To meet the Working Capital requirements; and
  • General Corporate Expenses.

IPO Timetable

IPO Opening date24 February 2023
IPO Closing28 February 2023
Basis of Allotment03 March 2023
Initiation Refund06 March 2023
Credit to Demat Account08 March 2023
Listing Date09 March 2023

IPO details

Issue typeFixed Price Issue IPO
IPO issue size₹2.76 Cr – 1,200,000 shares
Fresh Issue₹2.76 Cr – 1,200,000 shares
Offer for saleNil
Face value₹10 per share
Offer Price₹23 per share
Lot size6000 Shares
Retail Allocation50% of the Net Issue
Listing ExchangeBSE SME

IPO Lot Size

Retail (Min)16000₹138,000
Retail (Max)16000₹138,000
HNI (Min)212,000₹276,000

Reservation Details

NII (HNI) Shares Offered50% of the Net Issue
Retail Shares Offered50% of the Net Issue

Financial Performance

 FY 2020FY 2021FY 20225M FY 2023
Net income0.131.127.633.92
(Amount in ₹ Lakhs)

Valuations & Margins


FY 2020FY 2021FY 2022
PE ratio63.89
RONW (%)4.280.450.15
ROCE (%)
EBITDA (%)0.540.610.98

Company Promoters

  • MR. Manan Mahajan 

Promoter Holding

Pre Issue Share Holding59.80%
Post Issue Share Holding37.50%

Lead Manager(s)

  • First Overseas Capital Limited

IPO Registrar

Beetal House, 3rd Floor
99, Madangir, Behind Local Shopping Centre
Near Dada Harsukh Das Mandir
New Delhi – 110062
Phone: +911129961281

Contact Details

69-70, First Floor, Deep Complex, Court Road,
Amritsar-143001, Punjab, India
Phone: +91 9914997607

Allotment Status

Amanaya Ventures IPO allotment status is now available on Link Beetal FInancial’s website. Click on Beetal Financial IPO weblink to get allotment status.

Final thoughts

Amanaya Ventures IPO is going to hit Dalal street soon. applying for an IPO is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.

Happy Investing

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