Aelea Commodities IPO Details: The Aelea Commodities IPO date is fixed. The IPO will open on July 12 and close on July 16. Aelea Commodities is a BSE SME IPO aiming to raise ₹[.] crores. The price band is set at ₹[.] with a market lot of [.] shares.
Aelea Commodities is a versatile enterprise deeply involved in the processing and trading of cashews and a variety of other commodities, including sugar, pulses, soybean, rice, and wheat flour. Their business operates on two models: Business to Business (B2B) and Business to Customer (B2C).
In the cashew sector, Aelea Commodities serves both B2B and B2C segments, catering to wholesale clients and individual consumers alike. For other commodities like sugar, pulses, soybean, rice, and wheat flour, their operations are exclusively B2B. This strategic approach ensures efficient operations and high-quality service for business partners while providing top-notch products to retail customers.
Additionally, Aelea Commodities not only meets domestic market demands but also extends its reach to international customers. With a commitment to excellence in processing and a customer-centric approach, the company aims to become a prominent player in the cashew industry, ensuring client satisfaction with superior products and services.
The company imports Raw Cashew Nuts (RCN) from various African nations, including Benin, Tanzania, Burkina Faso, Senegal, and Côte d’Ivoire, requiring substantial quantities and significant working capital. They specialize in trading RCN and Cashew Kernels for consumption and also trade by-products from sugar mills, such as Bagasse.
Objects of the Issue:
Setting up a new manufacturing unit and installing plant and machinery.
Purchasing plant and machinery for an existing manufacturing unit.
General corporate purposes.
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Aelea Commodities IPO Review:
To be updated soon.
Aelea Commodities IPO Date & Price Band Details
IPO Open: | July 12, 2024 |
IPO Close: | July 16, 2024 |
IPO Size: | Approx ₹[.] Crores, 5,500,000 Equity Shares |
Fresh Issue: | Approx ₹[.] Crores, 5,500,000 Equity Shares |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹[.] Per Equity Share |
IPO Listing on: | BSE SME |
Retail Quota: | 35% of the net offer |
QIB Quota: | 50% of the net offer |
NII Quota: | 15% of the net offer |
Aelea Commodities IPO Market Lot
The minimum market lot for the Aelea Commodities is [.] shares, with an application amount of ₹[.].
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | – | ₹- |
Retail Maximum | 1 | – | ₹- |
S-HNI Minimum | 2 | – | ₹- |
Aelea Commodities IPO Dates
The IPO of Aelea Commodities will open on July 12 and close on July 16. The allotment date is set for July 18, and the IPO is expected to list on July 22.
IPO Open Date: | July 12, 2024 |
IPO Close Date: | July 16, 2024 |
Basis of Allotment: | July 18, 2024 |
Refunds: | July 19, 2024 |
Credit to Demat Account: | July 19, 2024 |
IPO Listing Date: | July 22, 2024 |
Aelea Commodities Company Financials
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2021 | ₹ 475.95 | ₹ 462.51 | ₹ 11.09 |
2022 | ₹ 105.51 | ₹ 95.76 | ₹ 10.63 |
2023 | ₹ 110.14 | ₹ 107.17 | ₹ 1.91 |
Dec-23 | ₹ 97.74 | ₹ 86.82 | ₹ 8.84 |
Aelea Commodities IPO Valuation
Review the IPO of Aelea Commodities valuation details, including Earning Per Share (EPS), Price/Earnings (P/E) Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV).
Earning Per Share (EPS): | ₹1.27 per Equity Share |
Price/Earning P/E Ratio: | NA |
Return on Net Worth (RoNW): | 5.70% |
Net Asset Value (NAV): | ₹22.38 per Equity Share |
Peer Group
Krishival Food Limited (Formerly known as Empyrean Cashews Limited)
Prospect Commodities Limited
Company Promoters
Hozefa S. Jawadwala
Satyanarayan Patro
Ashok Patel
Firoz Gulamhusein Hathiyari
Rashida Hozefa Jawadwala
Sonali Malla
Sumita A. Patel
Farida Firoz Hathiyari
Aelea Commodities IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/
Aelea Commodities IPO Allotment Status
Check the Aelea Commodities IPO allotment status on the Maashitla Securities website. Click Here
Aelea Commodities IPO Lead Managers (Merchant Bankers)
Ekadrisht Capital Private Limited
Company Address
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 FAQs
What is Aelea Commodities IPO?
Aelea Commodities is an NSE SME IPO aiming to raise ₹[.] crores. The issue is priced at ₹[.] per equity share and will be listed on the BSE.
When will Aelea Commodities IPO open?
The IPO will open on July 12, 2024, for QIB, NII, and Retail Investors.
What is the Investors’ Portion in Aelea Commodities IPO?
The investors’ portion is 50% for QIB, 15% for NII, and 35% for Retail.
How to Apply for the Aelea Commodities IPO?
You can apply via ASBA online through your bank account or via UPI through your stock brokers. Offline applications can also be made through your stock brokers.
How to Apply for the Aelea Commodities IPO through Zerodha?
Log in to Console on the Zerodha website or app. Go to Portfolio and click on IPO. Select “Aelea Commodities” and click on Bid. Enter your UPI ID, quantity, and price, and submit the application. Approve the mandate on your UPI app.
How to Apply for the Aelea Commodities IPO through Upstox?
Log in to the Upstox app. Select the IPO and choose “Aelea Commodities.” Click on Bid and confirm your application. Approve the mandate on your UPI app.
How to Apply for the Aelea Commodities IPO through Paytm Money?
Log in to the Paytm Money app. Select the IPO and choose “Aelea Commodities.” Click on Bid and confirm your application. Approve the mandate on your UPI app.
What is the Size of Aelea Commodities IPO?
The IPO size is ₹[.] crores.
What is the Aelea Commodities IPO Price Band?
The price band is ₹[.] per equity share.
What is the Minimum and Maximum Lot Size for Aelea Commodities IPO?
The minimum bid is [.] shares with an application amount of ₹[.].
What is the Allotment Date for Aelea Commodities IPO?
The allotment date is July 18, 2024.
What is the Listing Date for Aelea Commodities IPO?
The listing date is July 22, 2024, and it will be listed on the BSE SME.