Aelea Commodities SME IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Aelea Commodities IPO. Explore Aelea Commodities IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Aelea Commodities Limited, incorporated on November 5, 2018, specializes in the processing and trading of agricultural products, with a primary focus on cashews. Based in Surat, Gujarat, the company has expanded its operations to include a cashew processing unit and actively engages in both B2B and B2C markets. In addition to cashews, Aelea Commodities trades a diverse range of commodities such as sugar, pulses, soybean, rice, and wheat flour. The company has a subsidiary, Supreme Commodities DMCC, located in Dubai, enhancing its international presence.
Key Points:
- Business Segments:
- Cashew Processing and Trading:
- Specializes in processing and trading cashews for both B2B and B2C markets.
- Operates a cashew processing plant in Surat with a capacity of 40 metric tons per day.
- Imports Raw Cashew Nuts (RCN) from African nations like Benin, Tanzania, Burkina Faso, Senegal, and Cote d’Ivoire.
- Plans to expand processing capacity to 140 metric tons per day and venture into Cashew Nut Shell Liquid (CNSL) production.
- Products include plain cashews and roasted & salted cashews.
- Trading of Other Commodities:
- Engages in trading sugar, pulses, soybean, rice, and wheat flour, primarily through B2B channels.
- Includes trading of by-products from sugar mills, such as bagasse.
- Cashew Processing and Trading:
- Product Offerings:
- Cashew Products:
- Plain Cashew.
- Roasted & Salted Cashew.
- Other Commodities:
- Sugar.
- Pulses (e.g., soybean, rice, wheat flour).
- Cashew Products:
- Strategic Approach and Expansion:
- Combines B2B and B2C models for cashew products, optimizing operations for efficiency and quality service.
- Focuses on both domestic and international markets, with significant customers in Rajasthan, Karnataka, Gujarat, Mumbai, Dubai, and Sri Lanka.
- Exploring the production of Bio Charcoal from residual Cashew Nut Shell Mass post-CNSL extraction, with potential for processing into Activated Carbon.
- Distribution Channels:
- Direct sales to wholesalers.
- B2C sales through prominent online platforms such as Amazon and Flipkart.
Objects of the Issue
- Setting up of new manufacturing unit and Installation of Plant & Machinery
- Purchase of Plant and Machinery at existing manufacturing unit
- General Corporate Purposes.
IPO Details
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| Fields | Details |
|---|---|
| IPO Dates | 12 Jul - 16 Jul 2024 |
| IPO Price Band | ₹ 91 - 95 per share |
| Fresh Issue | 53,68,800 shares |
| Offer For Sale | NIL |
| Total IPO Size | Approx ₹ 51 crore |
| Face Value | ₹ 10 |
| Listing On | BSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 12 Jul 2024 |
| IPO Closing Date | 16 Jul 2024 |
| Basis Of Allotment | 18 Jul 2024 |
| Refunds | 19 Jul 2024 |
| Demat Transfer | 19 Jul 2024 |
| IPO Listing Date | 22 Jul 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | May 2024 |
|---|---|---|---|---|
| Total Income | 105.51 | 110.14 | 144.51 | 27.58 |
| Total Expenses | 95.76 | 107.17 | 129.95 | 24.63 |
| Net Profit/Loss | 10.63 | 1.91 | 12.22 | 2.80 |
| NPM (*) | 10.35 | 1.76 | 8.59 | 10.17 |
| Total Assets | 70.28 | 98.77 | 106.53 | 116.41 |
| Total Liabilities | 39.85 | 65.20 | 60.61 | 67.66 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | May 2024 |
|---|---|---|---|---|
| EPS | 7.09 | 1.27 | 8.15 | 1.87 |
| ROE (%) | 42.76 | 5.98 | 30.75 | 5.92 |
| ROCE (%) | 28.91 | 11.34 | 31.94 | 5.72 |
| D/E Ratio | 0.70 | 0.99 | 0.89 | 0.85 |
| Current Ratio | 1.30 | 1.27 | 1.51 | 1.48 |
| EBITDA MARGIN (%) | 8.33 | 4.78 | 12.97 | 13.81 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Aelea Commodities Limited | 119.89 | 21.02 | 4.52 | 29.09 | 15.54 |
| Krishival Food Limited (Formerly Known as Empyrean Cashews Limited) | 70.03 | 49.89 | 4.57 | 7.99 | 54.68 |
| Prospect Commodities Limited | 12.69 | 41.46 | 4.22 | 13.68 | 30.85 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 104.22 |
| Non-Institutional Investor (NII/HNI) | 389.87 |
| Retail Individual Investor (RII) | 164.95 |
| Total | 195.83 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795
Email: ipo@maashitla.com
Website: www.maashitla.com
Company Promoters
- Hozefa S Jawadwala
- Satyanarayan Patro
- Ashok Patel
- Firoz Gulamhusein Hathiyari
- Rashida Hozefa Jawadwala
- Sonali Malla
- Sumita A Patel
- Farida Firoz Hathiyari
Lead Managers
- EKADRISHT CAPITAL PRIVATE LIMITED
Company Address
Aelea Commodities LIMITED
401 & 402, Saifee Park-2, Dr. Mascarenhas Road, Mazgaon, Mumbai 400 010, Maharashtra, India.
Phone: +91- 22 6634 09891
Email: info@aeleacommodities.com
Website: www.aeleacommodities.com
FAQs
- What is the issue size of the Aelea Commodities SME IPO?The Aelea Commodities SME IPO has an issue size of Approx ₹ 51 crore. This includes a fresh issue of 53,68,800 shares and an offer for sale (OFS) of NIL.
- What is the price band of the Aelea Commodities IPO?The price band for the Aelea Commodities IPO is ₹ 91 - 95 per share.
- What are the bidding dates for the Aelea Commodities IPO?The Aelea Commodities IPO will open for bidding on 12 Jul 2024 and close on 16 Jul 2024.
- What is the allotment date for the Aelea Commodities IPO?The allotment date for the Aelea Commodities IPO is 18 Jul 2024.
- What is the listing date for the Aelea Commodities IPO?The listing date for the Aelea Commodities IPO is 22 Jul 2024.
- What is the Aelea Commodities IPO grey market premium?The grey market premium (GMP) for the Aelea Commodities IPO is currently at ₹77, with an expected listing gain of approximately 81.05%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.