Aelea Commodities was incorporated on November 05, 2018. Initially, the company was engaged in trading sugar, cashews, pulses, and other commodities products. Thereafter, it has ventured into the business of cashew processing.
| Bidding Dates |
|---|
| 12 Jul 2024 - 16 Jul 2024 |
| Subscription |
|---|
| 182.19x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,09,200 | 1 | 1 | 1200 | 5.4 M | ₹91 - ₹95 | 63.66 % | ₹488.6 M - ₹510.0 M | RHP DOC |
Aelea Commodities IPO SUBSCRIPTION STATUS
16 Jul '24Aelea Commodities IPO overall subscription rate was 182.19 times the total available shares
Aelea Commodities IPO retail subscription rate was 164.95 times in the retail segment
Aelea Commodities IPO non-institutional investor subscription rate was 288.82 times in the non-institutional investor category
Aelea Commodities IPO Qualified Institutional Bidder subscription rate was 104.22 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
16 Jul 2024 (Day 3) | 164.95x | 288.82x | 104.22x |
15 Jul 2024 (Day 2) | 43.94x | 31.82x | 0.01x |
12 Jul 2024 (Day 1) | 8.08x | 3.34x | 0x |
Aelea Commodities 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) | Margins |
| 2MFY25 | 28.0 | 275.6 | 0.0 | 0.0 | 13.8% |
| FY24 | 122.2 | 1,423.7 | 65.9 | 78.0 | 13.0% |
| FY23 | 19.1 | 1,089.5 | 50.3 | 141.2 | 4.8% |
| FY22 | 106.3 | 1,027.6 | 48.5 | 195.2 | 8.3% |
Aelea Commodities IPO SUBSCRIPTION STATUS DETAILS
Aelea Commodities had 5.4 M shares on offer
Aelea Commodities IPO offer price was in the range ₹91 - ₹95
Aelea Commodities IPO minimum Investment was ₹109200
Aelea Commodities IPO issue size was ₹ 488.6 M - ₹ 510.0 M
Aelea Commodities had a minimum lot size of 1200 Shares per application
Aelea Commodities NUMBER OF SHARES ON OFFER
Aelea Commodities IPO IMPORTANT DATES
| Issue Open Date | 12 Jul 2024 |
| Issue close Date | 16 Jul 2024 |
| Allotment Date | 18 Jul 2024 |
| Refund Date | 19 Jul 2024 |
| Demat Account Credit Date | 19 Jul 2024 |
| Listing Date | 22 Jul 2024 |
| Listing on Exchange(s) | BSE |
| Aelea Commodities Allotment Status | Exchange |
Aelea Commodities IPO subscription opened on 12 Jul 2024, and closed on 16 Jul 2024
IPO allotment for Aelea Commodities was finalized on Thursday, 18 Jul 2024
IPO listing for Aelea Commodities was on BSE on Monday, 22 Jul 2024
Aelea Commodities IPO LISTING GAINS
| Issue Price (adjusted) | 95.0 |
| Listing Open Price | 165.0 |
| Listing Close Price | 173.3 |
| Listing Gain% | 73.7% |
| Current Gain% | 51.7% |
Aelea Commodities 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 % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Aelea Commodities Ltd. | 144.2 | 293.6 | 13.8 | 0 | 0.8 | 17.5 | 8.5 | 381.8 | 108.7 | 21.3 | 1739.6 | 10.5 | 1739.6 |
| 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 |
Aelea Commodities INFORMATION ON IPO ISSUE
About Aelea Commodities
Aelea Commodities was incorporated on November 05, 2018. Initially, the company was engaged in trading sugar, cashews, pulses, and other commodities products. Thereafter, it has ventured into the business of cashew processing.
Object of the Issue
- Purchase of plant and machinery at existing manufacturing unit
- General corporate purposes
Aelea Commodities - PROMOTERS
| Name |
|---|
| Hozefa S Jawadwala |
| Ashok Patel |
| Satyanarayan Patro |
| Firoz Gulamhusein Hathiyari |
| Rashida Hozefa Jawadwala |
| Sumita A Patel |
| Sonali Malla |
| Farida Firoz Hathiyari |
Aelea Commodities Lead Manager of the Issue
Ekadrisht Capital private Limited
info@ekadrisht.com
Aelea Commodities Registrar to the issue
Maashitla Securities Private Limited
ipo@maashitla.com
Aelea Commodities Strengths
Client relationship
The company has consistently strived to ensure customer satisfaction by actively taking measures. As a result, it has seen a significant increase in repeat orders, fostering strong client relationships that demonstrate the trust placed in it by the customers
Quality service
The stringent systems put forth by the company ensure that all the products reach the customers on stipulated time and there are minimum errors to ensure reduced product rejection
Aelea Commodities Risks
Outstanding litigation
There are certain outstanding litigations against the company, an adverse outcome of which may affect the business, reputation and results of operations
Faces competition
The company faces competition from both domestic as well as multinational corporations and its inability to compete effectively may have a material adverse impact on the business, financial condition, and results of operations.
IPO FAQs
The promoters of the company are Hozefa S Jawadwala, Ashok Patel, Satyanarayan Patro, Firoz Gulamhusein Hathiyari, Rashida Hozefa Jawadwala, Sumita A Patel, Sonali Malla and Farida Firoz Hathiyari.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 91.0 - 95.0.
The IPO application opens on Jul 12, 2024 and closes on Jul 16, 2024.
The minimum lot size for the IPO is 1200. The maximum lot size for the IPO is 1200.
For all category investors, the minimum application amount for this IPO is Rs. 109,200.0, the maximum value for this IPO is Rs 114,000.0.
This IPO will be allotted on Jul 18, 2024.
The refund will be credited to your account on Jul 19, 2024.
The allotted shares will be credited to your demat on Jul 19, 2024.
Aelea Commodities Ltd.’s shares listed on the stock exchanges on Jul 22, 2024.