Aelea Commodities IPO bidding started from July 12, 2024 and ended on July 16, 2024. The allotment for the Aelea Commodities IPO is expected to be finalized on Thursday, July 18, 2024. Aelea Commodities IPO will list on BSE SME with tentative listing date fixed as Monday, July 22, 2024.
IPO Size: 5,368,800 shares (51.00 Cr) Fresh Issue: 51 shares (0.00 Cr) Subscription Dates: July 12, 2024 to July 16, 2024 Expected Allotment: Thursday, July 18, 2024 Listing Date (Tentative): July 22, 2024 Price Band: ₹91 to ₹95 per share Retail Investors: ₹.114,000 (1200 shares) Small HNI : ₹.228,000(2 lots, 2400 shares) Big HNI : ₹.1,026,000(9 lots, 10800 shares)
| IPO Date | July 12, 2024 to July 16, 2024 |
| Listing Date | July 22, 2024 |
| Face Value | ₹10 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 5,368,800 shares (aggregating up to ₹51.00 Cr) |
| Fresh Issue | 51 (aggregating up to ₹0.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 14,950,000 |
| Share holding post issue | 20,318,800 |
| Market Maker Portion | 268,800 Shares |
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | 1,529,034 (28.48%) |
| QIB Shares Offered | 1,020,072 (19%) |
| NII (HNI) Shares Offered | 765,591 (14.26%) |
| Retail Shares Offered | 1,785,663 (33.26%) |
| Others | 268,977 (5.01%) |
| Total Shares Offered | 5,368,800 (100%) |
| Investor Category | Shares Offered *** | Shares Bid for | Total Amount (Rs Cr.)* | Subscription (times) |
|---|---|---|---|---|
| Anchor Investors | 1,529,034 | |||
| Qualified Institutions | 1,020,072 | |||
| Non-Institutional Buyers | 765,591 | |||
| Retail Investors | 1,785,663 | |||
| Others | 268,977 | |||
| Total | 4,603,746 | 0 | 0.00 | 0.00 |
Aelea Commodities Limited IPO raises ₹ 14.52 crore from anchor investors. Aelea Commodities Limited IPO Anchor bid date is July 11, 2024. Aelea Commodities Limited IPO Anchor Investors list
| Bid Date | July 11, 2024 |
| Shares Offered | 1528800 |
| Anchor Portion Size (In Cr.) | 14.52 |
| Anchor lock-in period end date for 50% shares (30 Days) | August 17, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | October 16, 2024 |
Aelea Commodities Limited IPO opens on July 12, 2024 and closes on July 16, 2024.
| IPO Open Date | Friday, July 12, 2024 |
| IPO Close Date | Tuesday, July 16, 2024 |
| Basis of Allotment* | Thursday, July 18, 2024 |
| Initiation of Refunds* | Friday, July 19, 2024 |
| Credit of Shares to Demat* | Friday, July 19, 2024 |
| Listing Date* | Monday, July 22, 2024 |
| Cut-off time for UPI mandate confirmation | 05:00 pm, July 16, 2024 |
Investors can bid for a minimum of 1200 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹ 114,000 |
| Retail (Max) | 1 | 1200 | ₹ 114,000 |
| HNI (Min) | 2 | 2400 | ₹ 228,000 |
The promoters of the company are Hozefa S Jawadwala, Satyanarayan Patro, Ashok Patel, Firoz Gulamhusein Hathiyari, Rashida Hozefa Jawadwala, Sonali Malla, Sumita A Patel, and Farida Firoz Hathiyari
| Share Holding Pre Issue | 86.45% |
| Share Holding Post Issue | 63.66% |
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.
The company proposes to use the Net Proceeds from the Issue to fund the following objects:
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/
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
| Listing Date | July 22, 2024 |
| Final Issue Price | ₹ 95 per share |
| Price Details | NSE | BSE |
|---|---|---|
| Final Issue Price | ₹ 95 | ₹ 95 |
Aelea Commodities Limited IPO is a main-board FPO of 5,368,800 equity shares of the face value of ₹ 10 aggregating up to ₹ 5368800 Crores. The issue is priced at ₹91 to ₹95 per share. The minimum order quantity is 1200 Shares.
The Aelea Commodities Limited IPO opens on July 12, 2024 and closes on July 16, 2024.
Retail Investors: ₹.114,000 (1200 shares) Small HNI : ₹.228,000(2 lots, 2400 shares) Big HNI : ₹.1,026,000(9 lots, 10800 shares)
The finalization of Basis of Allotment for Aelea Commodities Limited IPO will be done on Thursday, July 18, 2024, and the allotted shares will be credited to your demat account by Friday, July 19, 2024. Check the Aelea Commodities Limited IPO allotment status.