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Aelea Commodities, founded in 2018, focuses on trading agricultural products, especially cashews. The company also deals in sugar, pulses, soybeans, rice and wheat flour.
Aelea imports raw cashew nuts from several African countries. They also trade in by products from sugar mills, like bagasse.
Their clients are located in Rajasthan, Karnataka, Gujarat and Mumbai with international customers mainly in Dubai and Sri Lanka.
Aelea Commodities IPO Overview
Aelea Commodities IPO is launching its IPO plan to raise ₹51 crores. The issue is a completely fresh issue. Subscription for Aelea Commodities IPO opens on 12 July 2024 and closes on 16 July 2024. Allotment of shares is expected to be finalized on 18 July 2024 and the shares are set to be listed on BSE SME on July 22, 2024. Price range for the IPO is set between ₹91 and ₹95 per share. Currently, the company’s promoter holds 86.45% stake which will be reduced post issue to 63.66. Registrar for the Aelea Commodities IPO is Maashitla Securities Private Limited.
Aelea Commodities IPO GMP
Aelea Commodities IPO SME IPO’s latest GMP is ₹35 as of 11 July 2024. Given the upper price band of ₹95, the estimated listing price is ₹130 (cap price + today’s GMP). This suggests an expected gain of 36.84% per share.
Stay tuned with Trade Target for daily updates on Aelea Commodities GMP and the expected listing price.
- Date: 15 – July – 2024
- Aelea Commodities GMP:₹65 (68.42%)
- Date: 14 – July – 2024
- Aelea Commodities GMP: ₹65 (68.42%)
- Date: 13 – July – 2024
- Aelea Commodities GMP: ₹72 (75.79%)
- Date: 12 – July – 2024
- Aelea Commodities GMP: ₹66 (69.47%)
- Date: 11 – July – 2024
- Aelea Commodities GMP: ₹45 (47.37%)
- Date: 10 – July – 2024
- Aelea Commodities GMP: ₹20 (21.05%)
How can one apply for Aelea Commodities IPO?
Sahaj Solar’s IPO requires investors to bid for a minimum of 1200 shares. Here’s a summary of the minimum and maximum shares that retail investors and HNIs can purchase along with the investment amounts.
| Application | Lots | Shares | Amount |
|---|---|---|---|
|
Retail (Min) |
1 |
1200 |
₹114,000
|
|
Retail (Max) |
1 |
1200 |
₹114,000
|
|
S-HNI (Min) |
2 |
2400 |
₹228,000
|
Aelea Commodities IPO Financial
Aelea Commodities IPO has shown positive financial growth over the past 3years. Check the summary of Aelea Commodities IPO’s financial performance for the periods ending on March 31 of each year.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
|
Assets in (₹ Lakhs) |
10,653.47
|
9,876.85
|
7,028.03
|
|
Revenue (₹ Lakhs) |
14,450.77
|
11,014.44
|
10,550.85
|
|
PAT (₹ Lakhs)
|
1,222.32
|
191.22
|
1,063.11
|
|
Total Borrowing (₹ Lakhs)
|
4,077.32
|
3,327.40
|
2,130.76
|
Aelea Commodities IPO Quota allocation
- QIB Investor: 50% of the net issue
- Retail Investor: 35% of the net issue
- NII (HNI) Investor: 15% of the net issue
Expected Listing Date for Aelea Commodities IPO
- Subscription Period: 12 July to 16 July
- Basis of Allotment Finalization: 18 July 2024
- Initiation of Refunds: 19 July 2024
- Demat Credits: 19 July 2024
- Listing Date: 22 July 2024
- Listing on: BSE SME
