Aelea Commodities Limited
ListedSMETrading & Commodities · BSE
Aelea Commodities Limited, founded in 2018, is a growing company in the agricultural trading business, mainly specializing in cashew processing and trading. They also trade products like sugar, pulses, soybean, rice, and wheat flour. The company imports Raw Cashew Nuts (RCN) from African countries such as Benin, Tanzania, Burkina Faso, Senegal, and Côte d'Ivoire. Additionally, they deal in sugar mill by-products like Bagasse. Their customers are spread across Rajasthan, Karnataka, Gujarat, and Mumbai, with international clients in Dubai and Sri Lanka. The company’s processing unit is located in Surat, Gujarat, and a new unit is under development in Taluka district, Surat. As of December 31, 2023, Aelea Commodities has 48 permanent employees working across different departments.
Price Band
₹91 – ₹95
Issue Size
₹51.00 Cr
Lot Size
1200 shares
GMP
₹77
+81.0%
Est. Listing
₹172
at current GMP
Subscribed
195.90x
overall
Open
12 Jul 2024
Close
16 Jul 2024
Allotment
18 Jul 2024
Refund
19 Jul 2024
Demat Credit
20 Jul 2024
Listing
22 Jul 2024
Last updated 12 days ago
Official Registrar Verification
Aelea Commodities Limited Allotment Status
Designated Registrar: Maashitla Securities Private Limited
Allotment Date
18 Jul 2024
Basis finalization
Refunds Initiate
19 Jul 2024
Mandate release
Demat Credit
20 Jul 2024
Shares in demat
Listing Debut
22 Jul 2024
Trading begins
How to Check Aelea Commodities Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Maashitla Securities Private Limited's allotment portal.
- Select Aelea Commodities Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Aelea Commodities Limited Public Issue & Market Profile
Aelea Commodities Limited is bringing an initial public offering (IPO) in the Trading & Commodities sector with an aggregate issue size of ₹51 Crores. The shares are offered at a price band of ₹91 to ₹95 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Public Issue & Allotment Procedure:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Official Allotment Timelines & Registrar Guidance:
Following the close of bidding on 2024-07-16, the basis of allotment is scheduled to be finalized on 2024-07-18. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Maashitla Securities Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.