The issue is entirely a fresh issue of 55 lakh shares. Aelea Commodities IPO is a book built issue of 55 lakh shares.
Aelea Commodities IPO price bands are yet to be announced.
Aelea Commodities IPO dates are yet to be announced.
Ekadrisht Capital Private Limited is the book running lead manager of the Aelea Commodities IPO, while Maashitla Securities Private Limited is the registrar for the issue.
Refer to Aelea Commodities IPO DRHP for detailed information.
About Aelea Commodities Limited
Incorporated in 2018, Aelea Commodities Limited is engaged in the trading of agricultural products. The company is mainly involved in processing and trading cashews. The company also trade other goods such as sugar, pulses, soybean, rice, and wheat flour.
The company imports Raw Cashew Nuts (RCN) from various African nations, including Benin, Tanzania, Burkina Faso, Senegal, and Cote d’Ivoire. Additionally, it trades in by-products from sugar mills, such as Bagasse.
The company’s clients are based in Rajasthan, Karnataka, Gujrat, Mumbai, etc. globally, most customers are situated in Dubai and Sri Lanka.
The company’s processing unit is situated in Surat, Gujarat, and it is setting up another processing unit in Taluka district, Surat, Gujarat.
As of December 31, 2023, the company has 48 permanent employees across various departments.
Aelea Commodities IPO Details
| IPO Date | to |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | [.] to [.] per share |
| Lot Size | |
| Total Issue Size | 5,500,000 shares(aggregating up to ₹[.] Cr) |
| Fresh Issue | 5,500,000 shares(aggregating up to ₹[.] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 14,950,000 |
| Share holding post issue | 20,450,000 |
Aelea Commodities IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
Aelea Commodities IPO Promoter Holding
Hozefa S Jawadwala, Satyanarayan Patro, Ashok Patel, Firoz Gulamhusein Hathiyari, Rashida Hozefa Jawadwala, Sonali Malla, Sumita A Patel, and Farida Firoz Hathiyari are the Promoters of the Company| Share Holding Pre Issue | 86.45% |
| Share Holding Post Issue |
Aelea Commodities Limited Financial Information (Restated Consolidated)
Aelea Commodities Limited's revenue increased by 4.39% and profit after tax (PAT) dropped by -82.01% between the financial year ending with March 31, 2023 and March 31, 2022.| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 11,017.11 | 9,876.85 | 7,028.03 | 5,041.15 |
| Revenue | 9,773.45 | 11,014.44 | 10,550.85 | 47,595.26 |
| Profit After Tax | 884.35 | 191.22 | 1,063.11 | 1,108.51 |
| Net Worth | 4,290.32 | 3,383.00 | 3,060.89 | 1,940.51 |
| Reserves and Surplus | 4,258.80 | 3,351.00 | 3,029.53 | 1,932.69 |
| Total Borrowing | 4,323.58 | 3,327.40 | 2,130.76 | 1,096.14 |
Objects of the Issue (Aelea Commodities IPO Objectives)
The company proposes to use the Net Proceeds from the Issue to fund the following objects:
- Setting up a new manufacturing unit and installing Plant and machinery thereon;
- Purchasing Plant and Machinery at an existing manufacturing unit;
- General Corporate Purposes.
Aelea Commodities Limited Contact Details
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/ Read More-Effwa Infra & Research Limited IPO(Effwa Infra and Research IPO) Detail
