Amanaya Ventures was incorporated on February 27, 2009. The company has developed Aurel Bullion, an app available in Play Store, which provides a digital platform to buy and sell 24k gold and silver bars at the lowest possible price in an easy, simple and transparent manner.
| Bidding Dates |
|---|
| 24 Feb 2023 - 28 Feb 2023 |
| Subscription |
|---|
| 1.75x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,38,000 | 1 | 1 | 6000 | 1.2 M | ₹23 | 67.91 % | ₹27.6 M | RHP DOC |
Amanaya Ventures IPO SUBSCRIPTION STATUS
28 Feb '23Amanaya Ventures IPO overall subscription rate was 1.75 times the total available shares
Amanaya Ventures IPO retail subscription rate was 2.73 times in the retail segment
Amanaya Ventures IPO non-institutional investor subscription rate was 0.77 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
28 Feb 2023 (Day 3) | 2.73x | 0.77x | - |
27 Feb 2023 (Day 2) | 1.15x | 0.26x | - |
24 Feb 2023 (Day 1) | 0.24x | 0.11x | - |
Amanaya Ventures FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) |
| 5MFY23 | 0.4 | 47.3 | -9.0 | -9.1 |
| FY22 | 0.8 | 132.5 | 3.9 | 2.9 |
| FY21 | 0.1 | 61.9 | -0.7 | -0.8 |
| FY20 | 0.0 | 44.3 | -5.0 | -5.2 |
Amanaya Ventures IPO SUBSCRIPTION STATUS DETAILS
Amanaya Ventures had 1.2 M shares on offer
Amanaya Ventures IPO offer price was ₹23
Amanaya Ventures IPO minimum Investment was ₹138000
Amanaya Ventures IPO issue size was ₹ 27.6 M
Amanaya Ventures had a minimum lot size of 6000 Shares per application
Amanaya Ventures NUMBER OF SHARES ON OFFER
Amanaya Ventures IPO IMPORTANT DATES
| Issue Open Date | 24 Feb 2023 |
| Issue close Date | 28 Feb 2023 |
| Allotment Date | 03 Mar 2023 |
| Refund Date | 06 Mar 2023 |
| Demat Account Credit Date | 08 Mar 2023 |
| Listing Date | 09 Mar 2023 |
| Listing on Exchange(s) | BSE |
| Amanaya Ventures Allotment Status | Exchange |
Amanaya Ventures IPO subscription opened on 24 Feb 2023, and closed on 28 Feb 2023
IPO allotment for Amanaya Ventures was finalized on Friday, 03 Mar 2023
IPO listing for Amanaya Ventures was on BSE on Thursday, 09 Mar 2023
Amanaya Ventures IPO LISTING GAINS
| Issue Price (adjusted) | 23.0 |
| Listing Open Price | 20.1 |
| Listing Close Price | 19.1 |
| Listing Gain% | -12.6% |
| Current Gain% | -26.2% |
Amanaya Ventures Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Amanaya Ventures Ltd. | 17 | 6.3 | 29.9 | -1.1 | 0.1 | 3.8 | 3.8 | 84.8 | 114.4 | 0.2 | -27.2 | 0.6 | -27.2 |
| Adani Enterprises Ltd. | 3020 | 408730.2 | 54.9 | 3.3 | 3.7 | 11.5 | 3.6 | 102943.2 | 2.6 | 9339.5 | 31.6 | 55 | 16.7 |
| Redington Ltd. | 354.8 | 27741.3 | 16.3 | 4 | 0.2 | 14.7 | 4.4 | 119347.4 | 19.9 | 1490.2 | -7.1 | 21.8 | 4.1 |
| Lloyds Enterprises Ltd. | 83.5 | 12611.6 | 44.5 | 0.1 | 7.2 | 6.8 | 3.9 | 2183.7 | 39 | 283.4 | 396.5 | 1.9 | 396.5 |
| Swan Corp Ltd. | 308 | 9656 | 35.2 | -0.6 | 2.2 | 3.6 | 2 | 5143.5 | -25.3 | 274.1 | -63.7 | 8.7 | -63.7 |
| MMTC Ltd. | 64 | 9597 | 24.8 | 0.1 | 2814.4 | 18.3 | 13.8 | 180.6 | -31.3 | 387.4 | 347.2 | 2.6 | 347.2 |
Amanaya Ventures INFORMATION ON IPO ISSUE
About Amanaya Ventures
Amanaya Ventures was incorporated on February 27, 2009. The company has developed Aurel Bullion, an app available in Play Store, which provides a digital platform to buy and sell 24k gold and silver bars at the lowest possible price in an easy, simple and transparent manner.
Object of the Issue
- To meet the working capital requirements
- General corporate expenses
Amanaya Ventures - PROMOTERS
| Name |
|---|
| Manan Mahajan |
Amanaya Ventures Lead Manager of the Issue
First Overseas Capital Limited
rushabh@focl.in
Amanaya Ventures Registrar to the issue
Beetal Financial & Computer Services Private Limited
beetal@beetalfinancial.com
Amanaya Ventures Strengths
Brand name
Over the years, Aurel Bullion has established itself as a renowned brand in Amritsar and the adjoining areas
Quality assurance
The company deals in products which are of international standards in terms of purity
Technology-based solution
The company has developed a mobile technology-based trading solution under the name of Aurel Bullion, which has the potential to scale up business
Amanaya Ventures Risks
Certain litigation and claims
The company, directors and promoter are parties to certain litigations and claims. Any adverse decision in such proceedings may harm the business, results of operations and financial condition
Negative cash flow
The company has had negative cash flow during certain fiscal years. Sustained negative cash flow could adversely impact the business
Faces competition
The company faces competition in the business from organised and unorganised players
IPO FAQs
The promoter of the company is Manan Mahajan.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 23.0 - 23.0.
The IPO application opens on Feb 24, 2023 and closes on Feb 28, 2023.
The minimum lot size for the IPO is 6000. The maximum lot size for the IPO is 6000.
For all category investors, the minimum application amount for this IPO is Rs. 138,000.0, the maximum value for this IPO is Rs 138,000.0.
This IPO will be allotted on Mar 03, 2023.
The refund will be credited to your account on Mar 06, 2023.
The allotted shares will be credited to your demat on Mar 08, 2023.
Amanaya Ventures Ltd.’s shares listed on the stock exchanges on Mar 09, 2023.