Aelea Commodities - AstroIPO

Aelea Commodities IPO


July 11, 2024 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

Aelea Commodities Ltd., a trading company in the commodities sector, is launching its Initial Public Offering (IPO) from July 12 to July 16, 2024. The company aims to raise between Rs. 34.94 crore and Rs. 36.48 crore through this book-building issue.

The IPO price band is set at Rs. 91 to Rs. 95 per share, with a face value of Rs. 10. Aelea Commodities is offering 38.40 lakh shares, and the minimum application size is 1200 shares. The maximum retail subscription allowed is Rs. 5,00,000.

After the IPO closes, Aelea Commodities’ shares are slated to list on the Bombay Stock Exchange (BSE) on July 22, 2024.

This offering gives a chance to add a commodities trading company to one’s holdings. As India’s economy grows and global trade expands, companies like Aelea Commodities could benefit from increased trading volumes and market opportunities.

Aelea Commodities IPO Details

IPO Size 51.00
Price Range ₹91 - ₹95
Retail Quota 35%
QIB Quota 50%
NII Quota 15%
Employee Discount --
Listing at BSE
Minimum Quantity 1200
Investment (cut-off price) ₹114,000
Pre IPO Promotor Holding 86.45%
Post IPO Promotor Holding 63.66%
DHRP Draft Click Here
RHP Draft Click Here
Anchor Investors List Click Here

Aelea Commodities IPO Timelines

12/07/2024
Start Date
16/07/2024
End Date
18/07/2024
Allotment Date View Status
19/07/2024
Refund Initiation
19/07/2024
Credit of Shares to Demat Ac
22/07/2024
Listing Date

Aelea Commodities IPO Lot Size

Application Lot Size Shares Amount
Retail Minimum 1 1200 ₹114,000
Retail Maximum 1 1200 ₹114,000
S-HNI Minimum 2 2400 ₹228,000

Aelea Commodities IPO Subscription Status

QIB NII Retail EMP Total
104.22 x 390.23 x 164.95 x -- 195.90 x

IPO Performance on Listing Day

Opening Price Closing Price Day High Day Low
₹165 ₹173.25 ₹173.25 ₹156.75

Aelea Commodities IPO Company Financials

Year Total Income Total Expense PAT
FY 2021 ₹475.95 ₹462.51 ₹11.09
FY 2022 ₹105.51 ₹95.76 ₹10.63
FY 2023 ₹110.14 ₹107.17 ₹1.91
FY 2024 ₹144.51 ₹129.95 ₹12.22

About Company

Aelea Commodities Limited, established on November 5, 2018, began its journey with a primary focus on trading agricultural products. Initially dealing in commodities like sugar, cashews, pulses, and more, the company later expanded into cashew processing. Located in Surat, Gujarat, India, within the Gujarat Agro Infrastructure Mega Food Park, its processing unit specialises in delivering high-quality cashew products to both domestic and international markets.

Operating across Business-to-Business (B2B) and Business-to-Customer (B2C) segments, Aelea Commodities caters to diverse market needs. The company not only processes cashews but also trades in commodities such as sugar, pulses, soybean, rice, and wheat flour, primarily through its B2B channel. This dual-strategy optimises operational efficiency and ensures top-notch service delivery to business partners and retail customers alike.

Aelea Commodities’ international footprint includes a subsidiary, Supreme Commodities DMCC, based in Dubai, underscoring its global reach. The company imports Raw Cashew Nuts (RCN) from several African nations and specialises in trading RCN and cashew kernels, supplemented by by-products from sugar mills like Bagasse.

Financially, Aelea Commodities has shown robust growth, with substantial revenue from operations, demonstrating its market traction both domestically and globally. The company’s strategic initiatives include expanding its cashew processing capacity and venturing into value-added products like Cashew Nut Shell Liquid (CNSL). This diversification aims not only to enhance production efficiency but also to capitalise on emerging market opportunities in industries such as automotive and pharmaceuticals.

With a commitment to quality, sustainability, and customer satisfaction, Aelea Commodities Limited is poised to strengthen its leadership in the cashew processing industry while exploring new avenues for growth and innovation.

Incorporation Date Sector Managing Director
2018 Trading Hozefa S Jawadwala

Know Before Investing

Aelea Commodities IPO Strengths

  • Engages in trading a variety of agricultural products.
  • Imports Raw Cashew Nuts from multiple African countries, ensuring a steady supply.
  • Operates a processing unit in Surat, Gujarat.
  • A new unit is being established in Taluka district, Surat.
  • Has a customer base in both domestic markets and international markets.

Aelea Commodities IPO Risks

  • Relies heavily on importing Raw Cashew Nuts from African countries.
  • Faces competition from other agricultural product traders.
  • Susceptible to fluctuations in the agricultural market.
  • Subject to agricultural and trade regulations in different countries.

Swot Analysis for Aelea Commodities IPO

Strengths

Weaknesses

Opportunities

Threats

Company Details

Aelea Commodities Limited

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

Phone: +91- 22 6634 09891

Email: [email protected]

Website: https://www.aeleacommodities.com/

IPO Registar Details

Maashitla Securities Private Limited

Phone: +91-11-45121795-96

Email: [email protected]

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

FAQs

The key objectives of Aelea Commodities Ltd IPO are:

  • Setting up a new manufacturing unit and installing plants and machinery.
  • Purchasing Plant and Machinery at an existing manufacturing unit.
  • General Corporate Purposes.

Ekadrisht Capital Pvt Ltd. is the book-running lead managers for the Aelea Commodities Ltd IPO.

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