Aelea Commodities Ltd

Aelea Commodities IPO

Aelea Commodities Ltd

₹1,09,200 /1200 sharesMinimum investment

IPO details

Minimum investment
₹1,09,200
Price range
₹91 - ₹95
Lot size
1,200
Issue size
51 Cr
Face value
10
IPO document

Subscription rate

Data will be available soon

Schedule

12 Jul 2024
IPO open date
16 Jul 2024
IPO close date
18 Jul 2024
Allotment date
18 Jul 2024
Funds unblock or debit
22 Jul 2024
Tentative listing date

About

Aelea Commodities is an agricultural products trading company. It started by trading in sugar, cashews, pulses, and other commodities. Over time, the company shifted to cashew processing. Its operational framework is structured around two business models: business-to-business (B2B) and business-to-customer (B2C). Aelea Commodities is operating in both B2B and B2C markets for cashews. However, its trade in other agricultural products, including sugar, pulses, soybeans, rice, and wheat flour, is handled solely through the B2B channel. The company sources raw cashew nuts (RCN) from several African countries, such as Benin, Tanzania, Burkina Faso, Senegal, and Cote d'Ivoire. Aelea Commodities distributes its products both in India and internationally. ;
Founded in
2018
Parent organisation
Aelea Commodities Ltd

Aelea Commodities Financials

Revenue
Total Assets
Profit
All values are in ₹ Cr
475103109202120222023

Strengths & Risks

Strengths
Risks
The company is expanding the capacity of its current cashew processing facilities.
According to the company, it employs industry-standard machinery, which increases productivity and reduces downtime.
The company has implemented systems to ensure that all products are delivered to customers in time and with minimal shortcomings.
The company gets repeat orders, which indicates Aelea Commodities’ ability to maintain client relationships.
Aelea Commodities has a domestic customer base in Rajasthan, Karnataka, Gujarat, and Mumbai. Internationally, the company has a customer presence in Dubai and Sri Lanka.
Aelea Commodities has certain outstanding litigation against it. Any adverse outcome to it could adversely affect its business.
The processing of raw cashew nuts involves a number of stages and during this process the cashew nuts may break, resulting in a reduction in its sale price.
As of December 31, 2023, the top 10 customers accounted for 44.17% of the total revenue. If one or more of these clients were to cease their dealings or terminate their contracts, it could impact Aelea Commodities’ financial condition.
Aelea Commodities’ manufacturing activity is concentrated in Surat, Gujarat. Any disruption to this arrangement could adversely affect the company's business.
The company has a total indebtedness of Rs 43.23 crore. Any inability to service or repay this debt could be detrimental to the company’s business prospects.

Application details

For Aelea Commodities IPO, eligible investors can apply as Regular.

Apply asPrice bandApply rangeLot size
Regular₹91 - ₹95₹2 - ₹5 Lakhs1200
High Networth Individual₹91 - ₹95₹2 - ₹5 Lakhs1200

Frequently Asked Questions