Aelea Commodities Limited (BSE SME)
Jul 12, 2024 - Jul 16, 2024
| Price | ₹91 - ₹95 |
| Premium | ₹77 |
|---|---|
| Lot size | 1200 |
| Allotment | Jul 18, 2024 |
| Listing | Jul 22, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1200 | 114000 | 1488 |
| HNI | 2 | 2400 | 228000 | 638 |
Last updated on 16 Jul 2024 05:26:58 PM
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 1020000 | 106303200 | 104.22 |
| HNIs | 765600 | 298756800 | 390.23 |
| Retail | 1785600 | 294542400 | 164.95 |
| Total | 3571200 | 699602400 | 195.9 |
| Total Applications: 264442 | |||
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹49.77 | @8% ₹56.88 | @9% ₹63.99 | @10% ₹71.1 | @11% ₹78.21 | @12% ₹85.32 |
Aelea Commodities IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 33.26% | 1785600 |
| NII (HNI) | 14.26% | 765600 |
| QIB | 19.00% | 1020000 |
| Anchor | 28.48% | 1528800 |
| Market Maker | 5.01% | 268800 |
| Total | 100.00% | 5368800 |
Aelea Commodities IPO Details
| Issue Size | 5,368,800 shares (aggregating up to ₹51.00 Cr) |
| Fresh Issue | 5,368,800 shares (aggregating up to ₹51.00 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 Ss Corporate Securities |
Key Performance Indicator
| KPI | May-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 5.92% | 30.75% | 5.98% |
| ROCE | 5.72% | 31.94% | 11.34% |
| D/E | 0.85 | 0.89 | 0.99 |
| RONW | 5.75% | 26.61% | 5.70% |
| EPS (basic & diluted) | 1.87 | 8.15 | 1.27 |
| P/E (Pre IPO) | 11.62 | ||
| P/E (Post IPO) | 11.48 |
Company Financials
Aelea Commodities Limited Financial Information (Restated Consolidated)
Aelea Commodities Limited's revenue increased by 31.2% and profit after tax (PAT) rose by 539.22% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period | May 24 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| Assets | 11,641.28 | 10,653.47 | 9,876.85 | 7,028.03 | 5,041.15 |
| Revenue | 2,758.47 | 14,450.77 | 11,014.44 | 10,550.85 | 47,595.26 |
| Profit | 280.36 | 1,222.32 | 191.22 | 1,063.11 | 1,108.51 |
| Net Worth | 4,875.32 | 4,592.89 | 3,383.00 | 3,060.89 | 1,940.51 |
| Reserves | 3,375.32 | 3,092.89 | 3,351.00 | 3,029.53 | 1,932.69 |
| Borrowing | 4,120.36 | 4,077.32 | 3,327.40 | 2,130.76 | 1,096.14 |
| Amount in ₹ Lakhs | |||||
About Company
Aelea Commodities Limited, incorporated in 2018, is a dynamic player in the agricultural trading sector, primarily focusing on the processing and trading of cashews. The company also deals in sugar, pulses, soybean, rice, and wheat flour. It imports Raw Cashew Nuts (RCN) from several African nations, including Benin, Tanzania, Burkina Faso, Senegal, and Côte d'Ivoire. Additionally, Aelea Commodities trades in sugar mill by-products such as Bagasse. The company's clientele spans across Rajasthan, Karnataka, Gujarat, and Mumbai, with significant international customers located in Dubai and Sri Lanka. The processing unit is based in Surat, Gujarat, with a new unit being established in Taluka district, Surat. As of December 31, 2023, the company employs 48 permanent staff across various departments.
Strength Factors
Experienced Promoter and Management Team: Aelea Commodities Limited benefits from a knowledgeable and skilled leadership team, driving strategic growth and operational excellence.
Existing Client Relationship: The company maintains strong, long-standing relationships with clients across India and internationally, ensuring a steady demand for its products.
Quality Service: Aelea Commodities is committed to providing high-quality products and services, enhancing customer satisfaction and trust.
Risk Factor
Outstanding Litigation: Ongoing legal issues could negatively impact Aelea Commodities Limited's business, reputation, and operational results if outcomes are unfavorable.
Industry Reliance: Dependence on specific industries for a significant portion of sales could adversely affect the company's business if those industries face downturns.
Financial Discrepancies: Noticed discrepancies and non-compliances in financial reporting and statutory filings pose a risk of regulatory penalties and affect financial stability.
Aelea Commodities IPO Lead Manager(s)
- Ekadrisht Capital Private Limited
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues