Aelea Commodities Limited
Bookbuilding IPO · BSE
- Price band
- ₹91 - ₹95
- Lot size
- 1,200 shares
- Issue amount
- ₹51 cr
- Total subscription
- 195.9×
- Opens
- 12 Jul 2024
- Closes
- 16 Jul 2024
- Allotment
- 18 Jul 2024
- Listing
- 22 Jul 2024
Offer at a glance
Issue overview
- Issue size
- 53,68,800 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,09,200
- Fresh issue
- ₹51 cr
- Offer for sale
- ₹0 cr
- Registrar
- Maashitla Securities Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,14,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,49,50,000
- Shares after issue
- 2,03,18,800
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,200 | ₹1,14,000 |
| HNI | 2 | 2,400 | ₹2,28,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 9.69 | 1,009.88 |
| RETAIL | 16.96 | 2,798.15 |
| NIB | 7.27 | 2,838.19 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | May-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 1.87 | 8.15 | 1.27 |
| ROE | 5.92 | 30.75 | 5.98 |
| ROCE | 5.72 | 31.94 | 11.34 |
| RONW | 5.75 | 26.61 | 5.7 |
| PRE IPO(PE) | 11.62 | 0 | 0 |
| POST IPO(PE) | 11.48 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
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.
Strengths
- Experienced Leadership Team: Aelea Commodities Limited is led by an experienced and skilled team, guiding the company's growth and smooth operations.
- Strong Client Relationships: The company has built lasting partnerships with clients in India and worldwide, ensuring consistent demand for its products.
- Quality Products and Services: Aelea Commodities focuses on delivering top-quality products and services, earning customer trust and satisfaction.
Risk factors
- 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.
- 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.
- 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.
Promoters
Hozefa S Jawadwala
Satyanarayan Patro
Ashok Patel
Firoz Gulamhusein Hathiyari
Rashida Hozefa Jawadwala
Sonali Malla
Sumita A Patel
Farida Firoz Hathiyar
Registrar & documents
Lead manager
Ekadrisht Capital Private Limited
Registrar & contacts
Maashitla Securities Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
401 & 402, Saifee Park-2, Dr. Mascarenhas Road, Mazgaon, Mumbai 400 010
+91- 22 6634 09891
[email protected]Company website ↗Understanding ACLD IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.