Aelea Commodities IPO share allotment expected on July 18: Steps to check status on BSE, Maashitla Securities

Aelea Commodities IPO allotment status is expected to be finalised on Thursday, July 18, after the BSE SME IPO closed with a strong subscription. The subscription window for the public issue closed on July 16.

The BSE SME issue was subscribed 182.19 times across categories. Investors placed bids for over 69.96 crore shares against 38.4 lakh shares on offer. The demand for the public issue was driven by the non-institutional investors (NII) category, as the portion was booked 288.82 times.

The BSE SME issue was booked 164.95 times in the retail category. Aelea Commodities IPO was subscribed 104.22 times in the qualified institutional buyers (QIBs) category.

Investors are now eagerly waiting for the share allotment status of the IPO to be finalised. Shares of the company are likely to be listed on the BSE SME platform on Monday, July 22.

Investors can check the IPO share allotment status on the BSE website and registrar Maashitla Securities Private Limited’s websites.

Steps to check Aelea Commodities share allotment on the BSE website

• Visit the BSE website and choose 'Status of Issue Application'.
• Alternatively you can use this this link to go directly to the check allotment page: https://www.bseindia.com/investors/appli_check.aspx
• Select the equity option
• Choose Aelea Commodities from the dropdown menu
• Enter your PAN details or application number and submit to check the details

Steps to check Aelea Commodities IPO share allotment status on registrar's website:

Here's how to check Aelea Commodities IPO allotment status on the website of registrar Maashitla Securities Pvt Ltd.

• Go to Maashitla Securities’ official website using this link - https://maashitla.com/
• Navigate to the 'Allotment Status' section of the home page.
• Select 'Check Application Status' tab
• Choose ‘Aelea Commodities’ from the company name dropdown list
• Type in your PAN/Application Number/Demat Account Number.
• Press the 'Submit' button.
• Your IPO allotment status will appear on the screen.

Aelea Commodities IPO objective

Aelea Commodities plans to use the money raised via the public issue for setting up a new manufacturing unit, and installing plant and machinery. A portion of the proceeds of the public issue will also be used for general corporate purposes.

About Aelea Commodities

Aelea Commodities, incorporated in 2018, operates as a trader of agricultural products. The company’s core business involves processing and trading of cashews. The company is also engaged in the trade of other goods such as sugar, pulses, soybean, rice, and wheat flour. Aelea Commodities’ processing unit is located in Surat, Gujarat.