Aelea Commodities IPO booked over 182 times on last day of bidding: Check allotment status and listing date

Aelea Commodities IPO closed with a huge subscription on the final day of bidding on Tuesday, July 16, as the BSE SME issue was booked over 182 times.

The initial public offering of Aelea Commodities Limited received bids for over 69.94 crore shares against 38.4 lakh shares on offer, leading to an overall subscription of 182.16 times.

The public issue received bids for more than 10.63 crore shares against 10.2 lakh shares in the Qualified Institutional Buyers (QIBs) category. Aelea Commodities IPO was booked 104.22 times in the QIBs segment.

Non-Institutional Investors (NIIs) placed bids for over 29.87 crore shares compared to 10.34 lakh shares reserved for the category, leading to 288.82 times subscription in the category.

Aelea Commodities IPO was booked 164.95 times in the retail category with applications for 29.45 crore shares against 17.85 lakh shares set aside for the segment.

Aelea Commodities IPO price band and lot size

Aelea Commodities IPO price band was fixed at ₹91 to ₹95 per share. The book-building issue, valued at ₹51 crore, consisted of an entirely fresh issue of 53.69 lakh shares.

The minimum lot size for retail investors in Aelea Commodities IPO was fixed at 1,200 shares, which aggregated to an investment of ₹1,14,000.

Aelea Commodities IPO allotment status and listing date

Aelea Commodities IPO subscription opened on July 12 and closed on July 16. The IPO share allotment status is expected to be finalised on July 18. The successful bidders will receive the IPO shares in their Demat accounts on July 19 and refunds will be initiated for non-allottees the same day.

Shares of the BSE SME issue are likely to be listed on July 22.

About Aelea Commodities

Aelea Commodities Ltd was incorporated in 2018. The company is engaged in the trading of agricultural products. The company trades goods such as cashew nuts, sugar, pulses, soybean, rice and wheat flour. The company has both international and domestic clients. The company’s global clients are located in Dubai and Sri Lanka. The company employed 48 people, as of December 31, 2023.