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Aelea Commodities Limited IPO

Aelea Commodities Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
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Listed Price: ₹ 165.00 (+73.68%)

Following its successful public offering, Aelea Commodities Limited's made its market debut on 22-07-2024 and is now actively traded on the BSEplatform. The IPO mobilized 53,68,800 Shares in total capital, including 53,68,800 Shares in primary equity infusion.

The offering was structured with a price band of ₹91 to ₹95 and minimum investment lots of 1200 shares. Investor participation during the subscription window from 12-07-2024 to 16-07-2024 demonstrated market confidence in the company's prospects.

The allotment process concluded on 18-07-2024, allocating shares to successful bidders. The listing represents the culmination of the IPO process, transitioning the company to publicly traded status with enhanced transparency and governance standards.

Aelea Commodities IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Aelea Commodities IPO Key Performance Indicator
Company Financials ( In Lakhs )

Aelea Commodities IPO About Company

Aelea Commodities Limited, founded in 2018, is a growing company in the agricultural trading business, mainly specializing in cashew processing and trading. They also trade products like sugar, pulses, soybean, rice, and wheat flour. The company imports Raw Cashew Nuts (RCN) from African countries such as Benin, Tanzania, Burkina Faso, Senegal, and Côte d'Ivoire. Additionally, they deal in sugar mill by-products like Bagasse. Their customers are spread across Rajasthan, Karnataka, Gujarat, and Mumbai, with international clients in Dubai and Sri Lanka. The company’s processing unit is located in Surat, Gujarat, and a new unit is under development in Taluka district, Surat. As of December 31, 2023, Aelea Commodities has 48 permanent employees working across different departments.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Aelea Commodities IPO Strength Factors

  1. Experienced Leadership Team: Aelea Commodities Limited is led by an experienced and skilled team, guiding the company's growth and smooth operations.
  2. Strong Client Relationships: The company has built lasting partnerships with clients in India and worldwide, ensuring consistent demand for its products.
  3. Quality Products and Services: Aelea Commodities focuses on delivering top-quality products and services, earning customer trust and satisfaction.

Aelea Commodities IPO Risk Factors

  1. Legal Troubles: Aelea Commodities Limited is dealing with ongoing legal cases, which could hurt its business, reputation, and profits if the decisions don't go in their favor.
  2. Industry Dependency: The company relies heavily on certain industries for most of its sales, so if those industries slow down, it could impact their business.
  3. Financial Issues: There have been some mistakes and missing details in the company's financial reports and legal filings, which could lead to fines and affect their financial health.

Aelea Commodities IPO Promoter(s)

  1. Hozefa S Jawadwala
  2. Satyanarayan Patro
  3. Ashok Patel
  4. Firoz Gulamhusein Hathiyari
  5. Rashida Hozefa Jawadwala
  6. Sonali Malla
  7. Sumita A Patel
  8. Farida Firoz Hathiyar



Aelea Commodities IPO Company Details

Aelea Commodities Limited
Phone:
address:

Aelea Commodities IPO Registrar

Maashitla Securities Private Limited
Name:
Phone:

Aelea Commodities IPO FAQs