Aelea Commodities Limited is engaged in the trading of agricultural products. The company is mainly involved in processing and trading cashews. The company also trade other goods such as sugar, pulses, soybean, rice, and wheat flour.
The company imports Raw Cashew Nuts (RCN) from various African nations, including Benin, Tanzania, Burkina Faso, Senegal, and Cote d’Ivoire. Additionally, it trades in by-products from sugar mills, such as Bagasse.
The company’s clients are based in Rajasthan, Karnataka, Gujrat, Mumbai, etc. globally, most customers are situated in Dubai and Sri Lanka.
The company’s processing unit is situated in Surat, Gujarat, and it is setting up another processing unit in Taluka district, Surat, Gujarat.
As of December 31, 2023, the company has 48 permanent employees across various departments.
Aelea Commodities IPO – Details
| IPO Opening Date | 12 July 2024 |
| IPO Closing Date | 16 July 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 53,68,800 Shares Worth ₹51.00 Crore Fresh Issue: 53,68,800 Shares Worth ₹51.00 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹91 – ₹95 per share |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Maashitla Securities Private Limited |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Aelea Commodities IPO – Date Schedule
| IPO Open Date | 12 July 2024 |
| IPO Close Date | 16 July 2024 |
| Credit of Shares to Demat Account | 18 July 2024 |
| Initiation of Refund | 19 July 2024 |
| Credit of Shares to Demat Account | 19 July 2024 |
| IPO Listing Date | 22 July 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 16, 2024 |
Aelea Commodities IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,14,000 |
| Retail (Max) | 1 | 1200 | ₹1,14,000 |
| HNI (Min) | 2 | 2400 | ₹2,28,000 |
Competitive Strengths
- Experienced Promoters and Management Team;
- Existing Client Relationship;
- Quality Service; and
- Well established systems and procedures.
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 475.95 | 462.51 | 11.08 | 10.96 |
| 31 March 2022 | 105.50 | 95.76 | 10.63 | 21.30 |
| 31 March 2023 | 110.14 | 107.17 | 1.91 | 33.27 |
| 31 March 2024 | 144.50 | 129.95 | 12.22 | 40.77 |
| 31 May 2024 | 27.58 | 24.63 | 2.80 | 41.20 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 5.92% |
| ROCE | 5.72% |
| Debt/Equity | 0.85 |
| RoNW | 5.75% |
| P/BV | 2.92 |
| PAT Margin (%) | 10.17 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 8.18 | 8.28 |
| P/E (x) | 11.62 | 11.48 |
Object 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 Promoter Holding
| Pre Issue Share Holding | 86.45% |
| Post Issue Share Holding | 63.66% |
Aelea Commodities IPO Prospectus
Company 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 Registrar
| 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(s)
| 1. Ekadrisht Capital Private Limited |
Aelea Commodities IPO FAQs
| What is Aelea Commodities IPO? Aelea Commodities IPO is a SME IPO. The issue is priced at ₹91 to ₹95 per equity share. The IPO is to be listed on BSE SME. |
| When Aelea Commodities IPO will open? The IPO is to open on 12 July 2024 for QIB, NII, and Retail Investors. |
| What is Aelea Commodities IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the Aelea Commodities IPO? You can apply Aelea Commodities IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Aelea Commodities IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Aelea Commodities”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Aelea Commodities IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Aelea Commodities“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Aelea Commodities IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Aelea Commodities”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Aelea Commodities IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Aelea Commodities”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Aelea Commodities IPO Size? Aelea Commodities IPO size is ₹51.00 Crore. |
| What is Aelea Commodities IPO Price Band? Aelea Commodities IPO Price Band is ₹91 to ₹95. |
| What is Aelea Commodities IPO Minimum and Maximum Lot Size for retail? The minimum bid is 1200 Shares with ₹1,14,000 amount while the maximum bid is 1200 Shares with ₹1,14,000. |
| What is the Aelea Commodities IPO Allotment Date? Aelea Commodities IPO allotment date is 18 July 2024. |
| What is the Aelea Commodities IPO Listing Date? Aelea Commodities IPO listing date is 22 July 2024. The IPO is to be listed on BSE SME. |
