Aelea Commodities Limited IPO
BSE SMEListed On: Jul 22, 2024 at ₹ 165.0
₹ 228000 /2400 Shares
*Min Investment
12 Jul, 2024
Open Date16 Jul, 2024
Close Date18 Jul, 2024
Allotment Date22 Jul, 2024
Listing DateAelea 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 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.
Aelea Commodities Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,020,000 / 765,600* | 1,785,600 | 3,571,200 |
Day 1 12-07-24 06:00 PM | 0.00 / 4.51 x | 8.08 x | 5.01 x |
Day 2 15-07-24 06:00 PM | 0.01 / 42.64 x | 43.94 x | 31.11 x |
Day 3 16-07-24 06:00 PM | 104.22 / 389.87 x | 164.95 x | 195.83 x |
Aelea Commodities Limited Valuations
Aelea Commodities Limited Company Financials
| 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.
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
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 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:
- 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.
- Return on Net Worth (%) = Profit for the period/ year / Net Worth at the end of the period/year.
- 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
Registrar Contact Details
Maashitla Securities Private Limited
+91-11-45121795-96
Aelea Commodities Limited IPO - FAQs
Ans. Aelea Commodities Limited IPO is a SME IPO. The issue is priced at ₹91-95 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Jul 12, 2024, and closes on Jul 16, 2024. Maashitla Securities Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Aelea Commodities Limited IPO opens on Jul 12, 2024 and closes on Jul 16, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Aelea Commodities Limited IPO is 5,368,800 shares(aggregating up to ₹51.00 Cr).
Ans. The Aelea Commodities Limited IPO price band is set between ₹91-95 per equity share.
Ans. To apply for Aelea Commodities Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Aelea Commodities Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Aelea Commodities Limited IPO is Jul 18, 2024.
Ans. The Aelea Commodities Limited IPO will be listed on Jul 22, 2024.
Ans. Follow the steps to check the Aelea Commodities Limited IPO allotment status online.
