IPO

Aelea Commodities Limited IPO

BSE SME

Listed On: Jul 22, 2024 at ₹ 165.0

₹ 228000 /2400 Shares
*Min Investment

Check Allotment

12 Jul, 2024

Open Date

16 Jul, 2024

Close Date

18 Jul, 2024

Allotment Date

22 Jul, 2024

Listing Date
Aelea Commodities Limited IPO Issue Details
  • Issue Price ₹91-95 per equity share
  • Face Value ₹10 Per Equity Share
  • Total Issue Size 53,68,800 shares(aggregating up to ₹51 crore)
  • Fresh Share 53,68,800 shares(aggregating up to ₹51 crore)
  • Listing at BSE SME
  • List Price 165.0
  • Listing Date 2024-07-22
  • Lead Manager Ekadrisht Capital Private Limited
  • Registrar Maashitla Securities Private Limited
Market Lot Size

Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 1200 ₹1,14,000
Retail(max) 1 1200 ₹1,14,000
NII (min) 2 2,400 ₹2,28,000
Aelea Commodities Limited IPO Reservation

Aelea Commodities Limited IPO offers total 5,368,800 shares. Out of which 1,020,000 (19%) allocated to QIB, 765,600 (14.26%) allocated to NII,1,785,600 (33.26%) allocated to RII, NA (NA%) allocated to employees and 1,528,800 (28.48%) allocated to Anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 1,528,800 (28.48%)
Market Maker Shares Offered 268,800 (5.01%)
QIB Shares Offered 1,020,000 (19%)
NII (HNI) Shares Offered 765,600 (14.26%)
Retail Shares Offered 1,785,600 (33.26%)
Total Shares Offered 5,368,800 (100%)
Aelea Commodities Limited IPO Documents
DRHP
RHP
ANCHOR
Aelea Commodities Limited IPO Details


Aelea Commodities Limited IPO is an SME IPO, priced at ₹91-95 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 53,68,800 equity shares, aggregating up to ₹51 crores..

The IPO bidding window is open from Jul 12, 2024 to Jul 16, 2024. The allotment is expected to be finalized on Jul 18, 2024, and the tentative listing date is Jul 22, 2024.

The minimum lot size for Retail investors is 1200 shares, with a minimum investment of ₹1,14,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,28,000.

Ekadrisht Capital Private Limited is acting as the lead manager to the issue. The registrar of the IPO is Maashitla Securities Private Limited, and Ss Corporate Securities Limited will act as the market maker for this issue.

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Aelea Commodities Limited IPO Subscription Analysis And Details
Retail
164.95x
Total
195.83x
As on QIB / NII Retail Total
Shares Offered / Reserved / 1,785,600 3,571,200
Day 1 12-07-24 06:00 PM
/ x 8.08 x 5.01 x
Day 2 15-07-24 06:00 PM
/ x 43.94 x 31.11 x
Day 3 16-07-24 06:00 PM
/ x 164.95 x 195.83 x
Aelea Commodities Limited Valuations
EPS Pre IPO ₹1.28/-
EPS Post IPO ₹5.8/-
P/E Pre IPO 74.27
P/E Post IPO 16.37
ROE 5.92%
ROCE 5.72%
Debt/Equity 0.85
RoNW 5.75%
PAT Margin 10.17
Price to Book Value 2.92
Aelea Commodities Limited Company Financials
In Lakhs
In Lakh
31-Mar-24 31-Mar-23 31-Mar-22
Assets 10,653.47 9,876.85 7,028.03
Revenue 14,450.77 11,014.44 10,550.85
Profit After Tax 1,222.32 191.22 1,063.11
Net Worth 4,592.89 3,383.00 3,060.89
Reserves & Surplus 3,092.89 3,351.00 3,029.53
Total Borrowing 4,077.32 3,327.40 2,130.76
About Aelea Commodities Limited Company

Aelea Commodities Limited was incorporated in 2018 and is an agricultural products trading company. The company mainly deals with processing and trading cashews. Other goods that the company trade include sugar, pulses, soybean, rice, and wheat flour.

The company imports Raw Cashew Nuts (RCN) from different African countries including Benin, Tanzania, Burkina Faso, Senegal, and Cote d'Ivoire. In addition, it trades in by-products from sugar mills, Bagasse.

The company's clients are located in Rajasthan, Karnataka, Gujrat, Mumbai, etc. worldwide, but most of the customers are in Dubai and Sri Lanka.

The company's processing unit is located in Surat, Gujarat, and it is establishing another processing unit in Taluka district, Surat, Gujarat.

Till December 31, 2023, the company has 48 permanent employees in different departments.

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Aelea Commodities Limited - Promoter(s)

Hozefa S Jawadwala, Satyanarayan Patro, Ashok Patel, Firoz Gulamhusein Hathiyari, Rashida Hozefa Jawadwala, Sonali Malla, Sumita A Patel, and Farida Firoz Hathiyar

Pre Issue Share Holding : 86.45%

Post Issue Share Holding : 63.66%

Aelea Commodities Limited IPO - Issue Objectives
1

Setting up a new manufacturing unit and installing Plant and machinery thereon

2

Purchasing Plant and Machinery at an existing manufacturing unit

3

General Corporate Purposes.

Aelea Commodities Limited IPO - Peers Comparison
Company Name EPS (Basic) EPS (Diluted) NAV (per share) (Rs) P/E (x) RoNW (%) P/BV Ratio Financial statements
Aelea Commodities Limited 0.2 N/A 11.02 74.27 1.78 N/A Standalone
Krishival Food Limited 4.57 N/A 54.68 49.89 7.99 4.17 Standalone
Prospect Commodities Ltd 4.22 N/A 30.85 41.46 13.68 5.67 Standalone

Notes:

  1. The P/E Ratio has been computed based on their respective closing market price on the date of RHP as divided by the Basic EPS as on March 31, 2024.
  2. Return on Net Worth (%) = Profit for the period/ year / Net Worth at the end of the period/year.
  3. Net Asset Value per Equity Share (in ₹) = Net Worth at the end of the period/year / Weighted number of equity shares outstanding at the end of the period/year.
Contact Details

Aelea Commodities Limited

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

+91- 22 6634 09891

info@aeleacommodities.com

https://www.aeleacommodities.com/

Registrar Contact Details

Maashitla Securities Private Limited

+91-11-45121795-96

ipo@maashitla.com

https://maashitla.com/allotment-status/public-issues