Aelea Commodities Limited
listed
₹1.09LMin. investment
Aelea Commodities Limited IPO Details
Issue size
₹51Cr
IPO type
SME
Price range
₹91.00 – ₹95.00
Listing date
22 Jul 2024
Lot size
1200 shares
RHP/DRHP
Read
Price range₹91.00 – ₹95.00
IPO type
SME
Lot size1200 shares
Issue size₹51Cr
RHP/DRHP
Read
Aelea Commodities Limited Timeline
- Bid start12 Jul 2024
- Bid end16 Jul 2024
- Allotment14 Jul 2024
- Release of funds19 Jul 2024
- Demat transfer18 Jul 2024
- Listing22 Jul 2024
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:
- Setting up new manufacturing units and installing plant & machinery.
- Purchasing plant and machinery for the existing manufacturing unit.
- General corporate purposes.
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Aelea Commodities Limited Contact Details
Company NameAelea Commodities Limited
How to apply for Aelea Commodities Limited?
- Step 1
Log in to your Upstox account to access IPO investments. Next, select the current IPO section.
- Step 2
Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3
Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4
Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.