aelea commodities ipo

Aelea Commodities IPO

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Aelea Commodities IPO Details

  • Open Date 12-Jul-24
  • Close Date 16-Jul-24
  • Lot Size 1200
  • IPO Size ₹ 51.00 Cr
  • IPO Price Range ₹ 91 to ₹ 95
  • Min Investment ₹ 114,000
  • Listing Exchange BSE SME
  • Basis of Allotment 18-Jul-24
  • Refunds 19-Jul-24
  • Credit to Demat Account 19-Jul-24
  • Listing Date 22-Jul-24

Aelea Commodities IPO Subscription Status

Date QIB NII Retail TOTAL
12-Jul-2024 0.00 4.51 8.08 5.01
15-Jul-2024 0.01 42.64 43.94 31.11
16-Jul-2024 104.22 389.87 164.95 195.83

Aelea Commodities IPO Synopsis

Last Updated: 16th July 2024, 18:02 PM by 5paisa

Aelea Commodities IPO is set to open on 12 July 2024 and will close on 16 July 2024. The company  is primarily focused on the processing and marketing of cashews.

The IPO includes a fresh issue of 53,68,800 shares aggregating up to ₹51.00 Cr. The price range is ₹91-₹95 per share and the lot size is 1200 shares. 

The allotment is scheduled to be finalized on 18 July 2024. It will go public on BSE SME, with a tentative listing date of 22 July 2024.

Ekadrisht Capital Private Limited is the book-running lead manager, while  Maashitla Securities Private Limited is the registrar. 

Objectives Of Aelea Commodities IPO

1. Setting up a new manufacturing unit and installing plants and machinery.
2. Purchasing Plant and Machinery at an existing manufacturing unit.
3. General Corporate Purposes.

Aelea Commodities IPO Size

Types Size (₹Cr)
Total IPO size 51.00
Offer for sale -
Fresh issue 51.00

Aelea Commodities IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1200 ₹114000
Retail (Max) 1 1200 ₹114000
S-HNI (Min) 2 2400 ₹228000

Aelea Commodities IPO Reservation

Investors Category Subscription (times) Shares Offered Shares bid for Total Amount (Cr.)
QIB 104.22 10,20,000 10,63,03,200 1,009.88
NII (HNI) 389.87 7,65,600 29,84,88,000 2,835.64
Retail 164.95 17,85,600 29,45,42,400 2,798.15
Total 195.83 35,71,200 69,93,33,600 6,643.67

Aelea Commodities IPO Anchor Allocation

Anchor Bid Date 11 July, 2024
Total no. of shares offered 1,528,800
Portion Size for Anchor Investors 14.52 Cr.
Lock in Period for 50% shares (30 days) 17 August, 2024
Lock in Period for rest of shares (90 days) 16 October, 2024

About Aelea Commodities

Aelea Commodities was established in 2018 and is primarily focused on the processing and marketing of cashews. The company specializes in the trade of agricultural products. In addition, the corporation sells a wide range of other products, such as sugar, wheat, rice, soybean, and pulse flour.

The firm imports Raw Cashew Nuts (RCN) from Senegal, Côte d'Ivoire, Burkina Faso, Tanzania, Benin, and numerous other African countries. It also deals in bagasse and other by-products from sugar mills.

There are customers of Aelea Commodities all over the world, including in Rajasthan, Karnataka, Gujarat, Mumbai, and Dubai and Sri Lanka. The company's processing facility is located in Surat, Gujarat, and a second facility is in the process of being built in the Taluka region of the same city.

As of December 31, 2023, 48 permanent employees worked for the firm in a variety of departments.


Peer Comparison

Krishival Food Limited
Prospect Commodities Limited

For More Information
Webstory on Aelea Commodities IPO

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY23 FY22 FY21
Revenue from operations 110.14 105.51 475.95
EBITDA 2.97 9.75 13.44
PAT 1.91 10.63 11.09
Particulars (in Rs. Crores) FY23 FY22 FY21
Total Assets 98.77 70.28 50.41
Share Capital 0.05 0.05 0.05
Total Borrowings 33.27 21.31 10.96
Particulars (in Rs. Crores) FY23 FY22 FY21
Net cash generated from / (used in) operating activities 4.33 5.55 -13.57
Net cash from / (used in) investing activities -8.17 -13.93 -11.17
Net cash flow from / (used in) financing activities 5.01 8.72 4.51
Net increase (decrease) in cash and cash equivalents 1.18 0.34 -20.23


Aelea Commodities IPO Key Points

  • Strengths

    1. Engages in trading a variety of agricultural products.
    2. Imports Raw Cashew Nuts from multiple African countries, ensuring a steady supply.
    3. Operates a processing unit in Surat, Gujarat.
    4. A new unit is being established in Taluka district, Surat.
    5. Has a customer base in both domestic markets and international markets.
     

  • Risks

    1. Relies heavily on importing Raw Cashew Nuts from African countries.
    2. Faces competition from other agricultural product traders.
    3. Susceptible to fluctuations in the agricultural market.
    4. Subject to agricultural and trade regulations in different countries.
     

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Aelea Commodities IPO FAQs

When does the Aelea Commodities IPO opens and closes?

Aelea Commodities IPO opens from 12th July to 16th July 2024.
 

What is the size of Aelea Commodities IPO?

The size of Aelea Commodities IPO is ₹51.00 Cr.
 

What is the price band of the Aelea Commodities IPO?

The price band of Aelea Commodities IPO is fixed at ₹91 to ₹95 per share
 

How to apply for the Aelea Commodities IPO?

To apply for Aelea Commodities IPO, follow the steps given below:

●    Login to your 5paisa account and select the issue in the current IPO section    
●    Enter the number of lots and the price at which you wish to apply for the Aelea Commodities IPO. 
●    Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.    

You will receive a mandate notification to block funds in your UPI app.
 

What is the minimum lot size and investment required for the Aelea Commodities IPO?

The minimum lot size of Aelea Commodities IPO is 1200 shares and the investment required is ₹1,14,000.
 

What is the allotment date of the Aelea Commodities IPO?

The share allotment date of Aelea Commodities IPO is 18th July 2024
 

What is the Aelea Commodities IPO listing date?

The Aelea Commodities IPO will be listed on 22nd July 2024.
 

Who are the book runners for the Aelea Commodities IPO?

Ekadrisht Capital Private Limited is the book-running lead manager for Aelea Commodities IPO.
 

What is the objective of the Aelea Commodities IPO?

Aelea Commodities plans to utilize the raised capital from the IPO to:

Setting up a new manufacturing unit and installing plants and machinery.
Purchasing Plant and Machinery at an existing manufacturing unit.
General Corporate Purposes.
 

Contact Details of Aelea Commodities IPO

Contact Information

Aelea Commodities Limited

401 & 402, Saifee Park-2
Dr. Mascarenhas Road,
Mazgaon, Mumbai 400 010

Phone: +91- 22 6634 09891
Email: info@aeleacommodities.com
Website: https://www.aeleacommodities.com/

Aelea Commodities IPO Register

Maashitla Securities Private Limited

Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues

Aelea Commodities IPO Lead Manager

Ekadrisht Capital Private Limited

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