Aelea Commodities Logo

Aelea Commodities Limited

ACLD

91-95

per share
Bidding Dates
12-16 Jul
Min. Investment
₹1,09,200.00
Lot Size
1200 shares
Issue Size
₹51 Cr
IPO Timeline
Bidding starts
12 Jul ‘24
Bidding ends
16 Jul ‘24
Allotment finalisation*
18 Jul ‘24
Refund initiation*
19 Jul ‘24
Demat transfer
19 Jul ‘24
Listing
22 Jul ‘24
* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

About Aelea Commodities Limited

Incorporated in 2018, Aelea Commodities Limited has swiftly emerged as a dynamic player in the trading of agricultural products. Initially focusing on commodities like sugar, cashew, pulses, soybean, rice, and wheat flour, the company has solidified its reputation through its exclusive B2B trading channels. With a strategic expansion into cashew processing, Aelea Commodities is now positioned to cater to both B2B and B2C markets, delivering premium cashew products across India and internationally.

Aelea Commodities is actively involved in trading a broad spectrum of agricultural commodities. Their portfolio includes Sugar, Pulses, Soybean, Rice, and Wheat Flour

A significant milestone for the company was the establishment of a cashew processing unit in Gujarat, India. This venture underscores their commitment to providing high-quality cashew products to a diverse clientele. By importing raw cashew nuts (RCN) from African countries like Benin, Tanzania, Burkina Faso, Senegal, and Cote d’Ivoire, Aelea Commodities ensures a steady supply of raw materials to meet the demands of both wholesale clients and individual consumers.

In 2022, Aelea Commodities took a pivotal step by setting up a cashew processing plant in Surat, with an impressive operational capacity of 40 metric tons per day. This strategic initiative not only enhances their operational efficiency but also ensures the delivery of top-notch products to their valued retail customers.

The company’s import operations are conducted through sea routes, leveraging their contracts with multiple international raw cashew nut trading companies based in Singapore, the United Kingdom, UAE, and Africa. These partnerships are established during the harvesting season, ensuring competitive pricing and a reliable supply chain.

As Aelea Commodities prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives:

  1. Setting up new manufacturing units and installing plant & machinery.
  2. Purchasing plant and machinery for the existing manufacturing unit.
  3. General corporate purposes.

IPO analysis

Registrar information
Name
Maashitla Securities Private Limited
Phone number
011-45121795
Email ID
ipo@maashitla.com
Red herring prospectus
View documents submitted by company in filing to understand more details about them.

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