Aelea Commodities IPO
IPO Details
- Open Date
12 Jul 2024
- Close Date
16 Jul 2024
- IPO Price Range
₹ 91 to ₹ 95
- IPO Size
₹ 51.00 Cr
- Listing Exchange
BSE SME
- Listing Date
22 Jul 2024
IPO Timeline
Aelea Commodities IPO Subscription Status
Date | QIB | NII | Retail | TOTAL |
---|---|---|---|---|
12-Jul-2024 | 0.00 | 4.51 | 8.08 | 5.01 |
15-Jul-2024 | 0.01 | 42.64 | 43.94 | 31.11 |
Last Updated: 16 July 2024 6:33 PM by 5Paisa
Last Updated: 15th July 2024, 05:40 PM by 5paisa
Aelea Commodities IPO is set to open on 12 July 2024 and will close on 16 July 2024. The company is primarily focused on the processing and marketing of cashews.
The IPO includes a fresh issue of 53,68,800 shares aggregating up to ₹51.00 Cr. The price range is ₹91-₹95 per share and the lot size is 1200 shares.
The allotment is scheduled to be finalized on 18 July 2024. It will go public on BSE SME, with a tentative listing date of 22 July 2024.
Ekadrisht Capital Private Limited is the book-running lead manager, while Maashitla Securities Private Limited is the registrar.
Objectives Of Aelea Commodities IPO
1. Setting up a new manufacturing unit and installing plants and machinery.
2. Purchasing Plant and Machinery at an existing manufacturing unit.
3. General Corporate Purposes.
Aelea Commodities IPO Size
Types | Size (₹Cr) |
---|---|
Total IPO size | 51.00 |
Offer for sale | - |
Fresh issue | 51.00 |
Aelea Commodities IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 1200 | ₹114000 |
Retail (Max) | 1 | 1200 | ₹114000 |
S-HNI (Min) | 2 | 2400 | ₹228000 |
Aelea Commodities IPO Reservation
Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.) |
---|---|---|---|---|
QIB | 0.01 | 10,20,000 | 9,600 | 0.09 |
NII (HNI) | 42.64 | 7,65,600 | 3,26,48,400 | 310.16 |
Retail | 43.94 | 17,85,600 | 7,84,56,000 | 745.33 |
Total | 31.11 | 35,71,200 | 11,11,14,000 | 1,055.58 |
Aelea Commodities IPO Anchor Allocation
Anchor Bid Date | 11 July, 2024 |
Total no. of shares offered | 1,528,800 |
Portion Size for Anchor Investors | 14.52 Cr. |
Lock in Period for 50% shares (30 days) | 17 August, 2024 |
Lock in Period for rest of shares (90 days) | 16 October, 2024 |
Aelea Commodities was established in 2018 and is primarily focused on the processing and marketing of cashews. The company specializes in the trade of agricultural products. In addition, the corporation sells a wide range of other products, such as sugar, wheat, rice, soybean, and pulse flour.
The firm imports Raw Cashew Nuts (RCN) from Senegal, Côte d'Ivoire, Burkina Faso, Tanzania, Benin, and numerous other African countries. It also deals in bagasse and other by-products from sugar mills.
There are customers of Aelea Commodities all over the world, including in Rajasthan, Karnataka, Gujarat, Mumbai, and Dubai and Sri Lanka. The company's processing facility is located in Surat, Gujarat, and a second facility is in the process of being built in the Taluka region of the same city.
As of December 31, 2023, 48 permanent employees worked for the firm in a variety of departments.
Peer Comparison
Krishival Food Limited
Prospect Commodities Limited
For More Information
Webstory on Aelea Commodities IPO
Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
---|---|---|---|
Revenue from operations | 110.14 | 105.51 | 475.95 |
EBITDA | 2.97 | 9.75 | 13.44 |
PAT | 1.91 | 10.63 | 11.09 |
Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
---|---|---|---|
Total Assets | 98.77 | 70.28 | 50.41 |
Share Capital | 0.05 | 0.05 | 0.05 |
Total Borrowings | 33.27 | 21.31 | 10.96 |
Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
---|---|---|---|
Net cash generated from / (used in) operating activities | 4.33 | 5.55 | -13.57 |
Net cash from / (used in) investing activities | -8.17 | -13.93 | -11.17 |
Net cash flow from / (used in) financing activities | 5.01 | 8.72 | 4.51 |
Net increase (decrease) in cash and cash equivalents | 1.18 | 0.34 | -20.23 |
Strengths
1. Engages in trading a variety of agricultural products.
2. Imports Raw Cashew Nuts from multiple African countries, ensuring a steady supply.
3. Operates a processing unit in Surat, Gujarat.
4. A new unit is being established in Taluka district, Surat.
5. Has a customer base in both domestic markets and international markets.
Risks
1. Relies heavily on importing Raw Cashew Nuts from African countries.
2. Faces competition from other agricultural product traders.
3. Susceptible to fluctuations in the agricultural market.
4. Subject to agricultural and trade regulations in different countries.
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FAQs
Aelea Commodities IPO opens from 12th July to 16th July 2024.
The size of Aelea Commodities IPO is ₹51.00 Cr.
The price band of Aelea Commodities IPO is fixed at ₹91 to ₹95 per share
To apply for Aelea Commodities IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Aelea Commodities IPO.
● 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.
The minimum lot size of Aelea Commodities IPO is 1200 shares and the investment required is ₹1,14,000.
The share allotment date of Aelea Commodities IPO is 18th July 2024
The Aelea Commodities IPO will be listed on 22nd July 2024.
Ekadrisht Capital Private Limited is the book-running lead manager for Aelea Commodities IPO.
Aelea Commodities plans to utilize the raised capital from the IPO to:
Setting up a new manufacturing unit and installing plants and machinery.
Purchasing Plant and Machinery at an existing manufacturing unit.
General Corporate Purposes.
Contact Information
Aelea Commodities
Aelea Commodities Limited
401 & 402, Saifee Park-2
Dr. Mascarenhas Road,
Mazgaon, Mumbai 400 010
Phone: +91- 22 6634 09891
Email: info@aeleacommodities.com
Website: https://www.aeleacommodities.com/
Aelea Commodities IPO Register
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
Aelea Commodities IPO Lead Manager
Ekadrisht Capital Private Limited
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