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Open
12 Jul 2024
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Close
16 Jul 2024
3
Allotment
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Listing
Mon, Jul 22, 2024
Price Band
₹91 to ₹95
Issue Size
53,68,800 shares (agg. up to ₹51 Cr)
Lot Size
1,200 Shares
Listing Date
Mon, Jul 22, 2024
Latest GMP
₹77
Est. Gain
81.05%
✦ AI Insight
GMP Trend
22-07-2024₹77Est. ₹172+81.05%
21-07-2024₹77Est. ₹172+81.05%
20-07-2024₹77Est. ₹172+81.05%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 140.84x |
Restated Financials (₹ Cr.)
| Period Ended | 31 May 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|---|
| Assets | 116.41 | 106.53 | 98.77 | 70.28 | 50.41 |
| Total Income | 27.58 | 144.51 | 110.14 | 105.51 | 475.95 |
| Profit After Tax | 2.80 | 12.22 | 1.91 | 10.63 | 11.09 |
| NET Worth | 48.75 | 45.93 | 33.83 | 30.61 | 19.41 |
| Reserves and Surplus | 33.75 | 30.93 | 33.51 | 30.30 | 19.33 |
| Total Borrowing | 41.20 | 40.77 | 33.27 | 21.31 | 10.96 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| TBI Corn Ltd. | SME | ₹44.94 Cr | ₹94 | 18.33 | ₹207.90 | +121.17% | ₹61.85 (-0.32%) |
| TGIF Agribusiness Ltd. | SME | ₹6.39 Cr | ₹93 | 13.58 | ₹142.50 | +53.23% | ₹102.00 (+6.25%) |
| Vishwas Agri Seeds Ltd. | SME | ₹25.80 Cr | ₹86 | 5.06 | ₹83.60 | -2.79% | ₹48.00 (-4.48%) |
| Harshdeep Hortico Ltd. | SME | ₹19.09 Cr | ₹45 | 0 | ₹66.50 | +47.78% | ₹81.55 (+0.55%) |
| Sameera Agro & Infra Ltd. | SME | ₹62.64 Cr | ₹180 | 15.11 | ₹171.00 | -5.00% | ₹5.05 (-1.94%) |
| Sheetal Universal Ltd. | SME | ₹23.80 Cr | ₹70 | 27.34 | ₹75.40 | +7.71% | ₹293.75 (-0.76%) |
| City Crops Agro Ltd. | SME | ₹15.00 Cr | ₹25 | 22.03 | ₹25.42 | +1.68% | ₹26.73 (+4.99%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of new manufacturing unit and Installation of Plant & Machinery thereon | 25.53 |
| 2 | Purchase of Plant and Machinery at existing manufacturing unit | 5.92 |
| 3 | General Corporate Purposes | 12.74 |
About Aelea Commodities IPO
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.+ Read More
Contact Details
Aelea Commodities Ltd. Address401 & 402, Saifee Park-2Dr.Mascarenhas RoadMazgaonMumbai, Maharashtra, 400010+91- 22 6634 09891info@aeleacommodities.comVisit Website