Issue Price
₹ 91-₹ 95
per equity share
Issue Size
38.4 lakhs
equity share
Face Value
₹
per equity share
Market Lot
1200
equity share
Please note
Listing at BSE
AELEA COMMODITIES LIMITED
Important Dates
IPO Open Date
12 Jul 2024
IPO Close Date
16 Jul 2024
Allotment Date
18 Jul 2024
Initiation of Refunds
19 Jul 2024
Credit of Shares to Demat Account
19 Jul 2024
IPO Listing Date
22 Jul 2024
UPI Mandate Expiry Date
16 Jul 2024
IPO Details
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.
Seize the deal, apply for IPO today!
Apply for IPOAbout AELEA COMMODITIES LIMITED
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.
Parent Organisation
-
Founded
2018
Managing Director
Hozefa S Jawadwala
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.
How to apply for IPO
- Login to your Bigul account and select the issue in the current IPO section
- Enter the number of lots and price at which you wish to apply for
- Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
- You will receive a mandate notification to block funds in your UPI app
- Approve the mandate request on your UPI and funds will be blocked
Open Demat Account in 5 Minutes
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PAN Card | Aadhaar Card | Bank Account Number
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