Price band
₹ 91 to 95 per equity share
Opens On: 12 July 2024
Closes On: 16 July 2024
₹ 91 to 95 per equity share
1200 shares and in multiples thereof
| Issue size | 51.00 |
| Price band | ₹ 91 to 95 per equity share |
| Bid lot | 1200 shares and in multiples thereof |
| Issue break-up | QIB - Rs. 9.69 Cr |
| HNI - Rs. 7.27 Cr | |
| RET - Rs. 16.96 Cr | |
| Registrar | Maashitla Securities Pvt. Ltd. |
| Listing at | BSE |
Aelea Commodities Ltd specializes in trading RCN and Cashew Kernels for consumption. The company trades in by-products from sugar mills, such as Bagasse.
Initially on inception, theCompany was engaged in Trading of Sugar, Cashew, Pulses and other Commodities product. Thereafter, they decided to venture into the business of Cashew Processing and setup a processing unit located at Surat- 394 421, Gujarat, India. The processing unit is located in the premises of Gujarat Agro Infrastructure Mega Food Park Near Town of Mota Miya Mangrol, Taluka Mangrol, District Surat, Gujarat, India.
They specialize in the comprehensive processing and trading of cashews, catering to both the B2B and B2C markets. With a focus on delivering high-quality cashew products, our company engages in selling its premium offerings to customers across diverse locations within India and Internationally. Our company engages in importing Raw Cashew Nuts (RCN) from diverse African nations, including Benin, Tanzania, Burkina Faso, Senegal, and Cote d’Ivoire, necessitating substantial quantities and tying up working capital funds.
The company contracts with Multiple International Raw Cashew Nut Trading Companies based out of Singapore, United Kingdom UAE and Africa. The contracts are entered during the harvesting season basis the competitive pricing being offered by the multiple vendors. Entering into annual supply contracts is not an industry practice as the contracts are entered based on the quality of RCN and the competitive prices being offered during purchase. The shipment of import of raw material is done through sea route.
Note: The actual amount will be debited when the shares are allotted to you.
Note: The actual amount will be debited when the shares are allotted to you.
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Once you are a shareholder, you are eligible to receive dividends from the company proportional to the shares you own. You can also sell your stocks for profit on the stock exchange.
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