Aelea Commodities IPO: Diving into the Details of Aelea IPO

• Aelea Commodities IPO is a book-built issue of 51 crores.
• This upcoming IPO bidding opens on July 12 and closes on July 16, 2024.
• Aelea Commodities SME IPO price band Rs 91 to Rs 95 per share.
• Minimum investment required Rs 1,14,000.

Aelea Commodities IPO is open for subscription starting Thursday, July 12, 2024, and closing on Monday, July 16, 2024. This upcoming IPO's price band is Rs 91 to 95 per share. The minimum lot size set for the retail category is 1200 shares. 

Meanwhile, the minimum lot size for the HNI category is 2 lots consisting of 2400 shares. The minimum investment required for retail category investors is Rs 1,14,000 ( 95 x 1200 shares). However, for the HNI category, the minimum investment amount required is Rs 2,28,000 (95 x 2400 shares). 

Aelea Commodities IPO is a book-built issue of Rs 51.00  crores. This upcoming IPO is entirely a fresh issue of 53.69 lakh equity shares. The allotment for this new IPO is expected to be finalised on Thursday, July 18, 2024. 

Aelea Commodities IPO will be listed on BSE SME on Monday, July 22, 2024. Ekadrisht Capital Private Limited is the book-running lead manager, and Maashitla Securities Private Limited is the registrar.

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Aelea Commodities IPO: About Company

Aelea Commodities incorporated in 2018, engaged in the business of trading of agricultural products. Aelea is mainly involved in processing and trading cashews. The company also trades other goods such as sugar, pulses, soybean, rice, and wheat flour. 

Aelea Commodities imports Raw Cashew Nuts 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 processing unit is situated in Surat, Gujarat, and it is setting up another processing unit in Taluka district, Surat, Gujarat. Aelea’s clients are based in Rajasthan, Karnataka, Gujrat, Mumbai, etc. globally, most customers are situated in Dubai and Sri Lanka. As per latest record available the company has 48 permanent employees across various departments.

Aelea Commodities IPO: Objectives

The funds will be allocated for setting up the new manufacturing unit and installing Plant and Machinery. Also, the company will use the amount to purchase new plants and machinery. Additionally, for general corporate purposes. 

Aelea Commodities IPO: Financial Metrics (Amt in Rs Lakhs)

Aelea Commodities posted revenue of Rs 9,773.45 lakhs and net profit of Rs 884.35 lakhs for the period ending on 31 Dec 2023. The company’s revenue increased by 4.39% and PAT dropped by -82.01% between the financial year ending with 31 Mar 2023 and 31 Mar 2022.

Other Important Details of Aelea Commodities IPO

Time-Table of Aelea Commodities IPO

Lot Size of Aelea Commodities IPO

IPO Reservation of Aelea Commodities Limited

Aelea Commodities Limited - EPS and P/E Ratio Post IPO

Promoters of Aelea Commodities Limited and Their Holdings

The promoters of Aelea Commodities company are Hozefa S Jawadwala, Satyanarayan Patro, Ashok Patel, Firoz Gulamhusein Hathiyari, Rashida Hozefa Jawadwala, Sonali Malla, Sumita A Patel, and Farida Firoz Hathiyari.

Lead Manager(s) of Aelea Commodities IPO

The lead manager for Aelea Commodities IPO is Ekadrisht Capital Private Limited.

How do you apply for the Aelea Commodities IPO?

Wait for the public issue to open for subscription, then click here to apply for the Aelea Commodities Limited IPO with Bigul.

How do you check the allotment status of Aelea Commodities's IPO?

Maashitla Securities Private Limited is the registrar for the Aelea Commodities IPO. To check your allotment status, please click here.

FAQs

1. What are the details of the Aelea Commodities IPO?

Aelea Commodities IPO is a book-built issue of Rs 51.00  crores. This upcoming IPO is entirely a fresh issue of 53.69 lakh equity shares. The allotment for this new IPO is expected to be finalised on Thursday, July 18, 2024.

2. Who are the lead managers for the Aelea Commodities IPO?

Ekadrisht Capital Private Limited is appointed as the book running lead manager for the IPO.

3. What is the role of Maashitla Securities in this IPO?

Maashitla Securities Private Limited is the registrar for Aelea Commodities Limited, handling the IPO's administrative aspects.

4. How can I apply for the Aelea Commodities IPO?

The public subscription of this new IPO will open on July 12, 2024. Click here to initiate the application process.

5. How will the net proceeds from the IPO be utilised?

The funds will be allocated for setting up the new manufacturing unit and installing Plant and Machinery. Also, the company will use the amount to purchase new plants and machinery. Additionally, for general corporate purposes. 

6. How can I check the allotment status of the IPO?

Investors who applied can check the allotment status of the Aelea Commodities Limited IPO by visiting here. For further updates follow Bigul. 

7. What is the financial performance of Aelea Commodities?

Aelea Commodities posted revenue of Rs 9,773.45 lakhs and net profit of Rs 884.35 lakhs for the period ending on 31 Dec 2023. The company’s revenue increased by 4.39% and PAT dropped by -82.01% between the financial year ending with 31 Mar 2023 and 31 Mar 2022.

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