Amanaya Ventures Limited was formed with the objective of promoting SPOT buying and selling of Gold across India. They are 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. The Company 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 Limited has developed its own brand under the name “Aurel Bullion“. The brand provides advantage to the customers for relying on the quality of the product. All of the gold Jewellery offered is hallmarked by BIS except gold Jewellery weighing less than two grams which is not required to be hallmarked.
Amanaya Ventures IPO – Details
| IPO Opening Date | 24 February 2023 |
| IPO Closing Date | 28 February 2023 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 12,00,000 Shares Worth ₹2.76 Crore Fresh Issue: 12,00,000 Shares Worth ₹2.76 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹23 |
| Market Lot | 6000 Shares |
| Min Order1 | 6000 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Beetal Financial & Computer Services (P) Limited |
| Retail Shares Offered | 50% |
| NII (HNI) Shares Offered | 50% |
Amanaya Ventures IPO – Date Schedule
| IPO Open Date | 24 February 2023 |
| IPO Close Date | 28 February 2023 |
| Basis of Allotment | 03 March 2023 |
| Initiation of Refunds | 06 March 2023 |
| Credit of Shares to Demat Account | 08 March 2023 |
| IPO Listing Date | 09 March 2023 |
Amanaya Ventures IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 6000 | 1,38,000 |
| Maximum | 1 | 6000 | 1,38,000 |
Competitive Strengths
- Use of the established Brand Name.
- Experience Management.
- Technology based solution.
- Well established and cordial relationship with their supplier.
- Quality assurance.
Company Promoters
- MR. Manan Mahajan
Object Of The Issue
- To meet the Working Capital requirements.
- To meet the expenses of the Issue.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax |
|---|---|---|---|
| 31 March 2020 | 4.45 | 4.45 | 0.0012 |
| 31 March 2021 | 6.20 | 6.18 | 0.01 |
| 31 March 2022 | 13.25 | 13.15 | 0.07 |
| 31 August 2022 | 4.73 | 4.68 | 0.03 |
Amanaya Ventures IPO Promoter Holding
| Pre Issue Share Holding | 59.80% |
| Post Issue Share Holding | 37.50% |
Amanaya Ventures IPO Prospectus
Company Contact Information
| Amanaya Ventures Limited 69-70, First Floor, Deep Complex, Court Road, Amritsar-143001 Phone: +91 9914997607 Email: info@amanaya.in Website: https://www.amanaya.in/ |
Amanaya Ventures IPO Registrar
| Beetal Financial & Computer Services (P) Limited Phone: +91 11 29961281 Email: beetal@beetalfinancial.com Website: http://www.beetalfinancial.com |
Amanaya Ventures IPO Lead Manager(s)
| 1. First Overseas Capital Limited |
Amanaya Ventures IPO FAQs
| What is Amanaya Ventures IPO? Amanaya Ventures IPO is a SME IPO. The issue is priced at ₹23 per equity share. The IPO is to be listed on BSE SME. |
| When Amanaya Ventures IPO will open? The IPO is to open on 24 February 2023 for NII and Retail Investors. |
| What is Amanaya Ventures IPO Investors Portion? The investors portion for NII-50%, and Retail-50%. |
| How to Amanaya Ventures IPO? You can apply Amanaya Ventures 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 Amanaya Ventures IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Amanaya Ventures”. 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 Amanaya Ventures IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Amanaya Ventures”. 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 Edelweiss. |
| What is Amanaya Ventures IPO Size? Amanaya Ventures IPO size is ₹2.76 crores. |
| What is Amanaya Ventures IPO Price Band? Amanaya Ventures IPO Price Band is ₹23. |
| What is Amanaya Ventures IPO Minimum and Maximum Lot Size? The minimum bid is 6000 Shares with ₹1,38,000 amount while the maximum bid is 6000 shares with ₹1,38,000. |
| What is the Amanaya Ventures IPO Allotment Date? Amanaya Ventures IPO allotment date is 03 March 2023. |
| What is the Amanaya Ventures IPO Listing Date? Amanaya Ventures IPO listing date is 09 March 2023. The IPO is to list on BSE SME. |
