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Aelea Commodities IPO
Price Band
₹91.0–95.0
Issue Size
₹51.0 Cr
Lot Size
1,200 shares
Min Investment
₹114,000
GMP
+₹77.0 (81.05%)
Issue Price
₹95.0
Subject to Sauda
₹70200
Paid only if allotted
Aelea Commodities IPO AI Summary
- Aelea Commodities IPO is listed on BSE SME in the Other Agricultural Products sector.
- Price band: ₹91.0–₹95.0 per share, lot size 1,200 shares (min. investment ₹114,000).
- Subscription window: 12 Jul–16 Jul 2024, listing on 22 Jul 2024.
- Current GMP is +₹77.0 (81.05%), an estimated listing price of ₹172 — unofficial and can change daily.
Aelea Commodities Limited is an agricultural trading company focusing on cashew processing and other agricultural products. With a recent IPO priced at ₹95.0, the company is seeking funds for expansion and has shown varied financial performance in recent years.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Aelea Commodities IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 16 Jul 2024 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Aelea Commodities IPO Grey Market Premium (GMP) Today
GMP
+₹77.0
GMP %
+81.05%
Est. Listing
₹172.0
Updated: 25 Jul 2026 14:05
About the Company
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.
Company Financials (₹ Cr)
As of 2024-05-31
| 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 |
Key Ratios
EPS
₹8.18
NAV
₹32.50
ROE
5.92%
ROCE
5.72%
RoNW
5.75%
P/B Value
2.92
P/E Ratio
11.62
Market Cap
₹193.03 Cr
PAT Margin
10.17%
Debt/Equity
0.85
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic |
|---|---|---|---|---|
| Prospect Commodities Ltd | 30.85 | 13.68% | 41.46 | 4.22 |
| Krishival Food Limited | 54.68 | 7.99% | 49.89 | 4.57 |
| Aelea Commodities Limited This IPO | 11.02 | 1.78% | 74.27 | 0.2 |
Promoters
Hozefa S Jawadwala, Satyanarayan Patro, Ashok Patel, Firoz Gulamhusein Hathiyari, Rashida Hozefa Jawadwala, Sonali Malla, Sumita A Patel and Farida Firoz Hathiyari
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # 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
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹475.95 Cr in the period ending 31 Mar 2021, decreasing to ₹105.51 Cr by 31 Mar 2022, and further declining to ₹110.14 Cr by 31 Mar 2023. In the most recent period, total income was ₹144.51 Cr as of 31 Mar 2024, followed by ₹27.58 Cr as of 31 May 2024, though this is a 9-month figure, not a full year, so isn't directly comparable.
Profit Trend
Profit After Tax was ₹11.09 Cr in the period ending 31 Mar 2021, then decreased to ₹10.63 Cr by 31 Mar 2022. It further fell to ₹1.91 Cr as of 31 Mar 2023, before rising to ₹12.22 Cr by 31 Mar 2024, and finally reaching ₹2.80 Cr as of 31 May 2024, though this is a 9-month figure, not a full year, so isn't directly comparable.
Valuation
At the issue price of ₹95.0, Aelea Commodities has an implied P/E of 74.27 based on its EPS of ₹0.2. This is significantly higher than its peers, which have P/E ratios ranging from 41.46 to 49.89.
Grey Market Premium, Explained
The Grey Market Premium (GMP) indicates the expected listing price of an IPO based on unofficial trading. A positive GMP suggests that the IPO may list at a higher price than the issue price, while a negative GMP indicates potential listing losses.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against the company's growth potential, market conditions, and financial health. It's important to consider the company's fundamentals and market position before making a decision.
Who May Want to Wait
Investors who prefer stable and established companies with consistent earnings may want to avoid this IPO, as it operates in a volatile sector and has shown fluctuating financial performance.
IPO Timeline, Explained
The IPO opens for subscription from July 12, 2024, to July 16, 2024. Allotment of shares will be done on July 18, 2024, and the shares are expected to be listed on July 22, 2024.
Listing Gains — The Risk
Listing gains can be unpredictable and depend on market sentiment, demand for the stock, and overall market conditions. Investors should be aware that while some IPOs may experience significant gains on listing day, others may not perform as expected.
This evaluation is generated from Aelea Commodities's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Aelea Commodities IPO GMP today?
Aelea Commodities IPO GMP today is +₹77.0 (81.05%), indicating an estimated listing price of ₹172. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Aelea Commodities IPO?
The price band of Aelea Commodities IPO is ₹91.0–₹95.0 per share.
When does Aelea Commodities IPO open and close?
Aelea Commodities IPO opens on 12 July 2024 and closes on 16 July 2024.
When does Aelea Commodities IPO list on the stock exchange?
Aelea Commodities IPO listed on 22 July 2024 at ₹172.0.
What is the lot size for Aelea Commodities IPO?
The lot size for Aelea Commodities IPO is 1200 shares, requiring a minimum investment of ₹114,000.
What is the lot size for the Aelea Commodities IPO?
The lot size for the Aelea Commodities IPO is 1200 shares.
What is the minimum investment required for this IPO?
The minimum investment required is ₹114,000.
What is the price band for the Aelea Commodities IPO?
The price band for the IPO is ₹91.0 to ₹95.0.
When does the Aelea Commodities IPO open and close?
The IPO opens on July 12, 2024, and closes on July 16, 2024.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing price of an IPO based on unofficial trading.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
12 Jul 2024
Close
16 Jul 2024
Allotment
18 Jul 2024
Listing
22 Jul 2024
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