Aelea Commodities Limited (Erstwhile Known As Aelea Commodities Pvt. Ltd.), is engaged in Business of Agro Commodities viz. processing of Raw Cashew Nuts and Trading of Sugar, Rice, Wheat Flour, Pulses, Beans, Vegetables Etc.

Aelea Commodities IPO, a Book Built issue amounting to ₹51.00 crores, consisting entirely a Fresh Issue of 53.68 lakh Shares. The subscription period for the Aelea Commodities IPO opens on July 12, 2024, and closes on July 16, 2024. The allotment is expected to be finalized on or about Thursday, July 18, 2024, and the shares will be listed on the BSE SME with a tentative listing date set on or about Monday, July 22, 2024.

The Share price band of Aelea Commodities IPO is set at ₹91 to ₹95 equity per share, with a minimum lot size of 1,600 shares. Retail investors are required to invest a minimum of ₹152,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (3,200 shares), amounting to ₹304,000.

EKADRISHT CAPITAL PRIVATE LIMITED is the book-running lead manager, Maashitla Securities Private Limited is the registrar for the Issue. S S CORPORATE SECURITIES LIMITED is the sole market maker for the Aelea Commodities IPO.

Aelea Commodities Limited IPO GMP Today
The Grey Market Premium of Aelea Commodities Limited IPO is expected in the range of ₹20 to ₹30 based on the financial performance and subscription status of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Aelea Commodities Limited IPO Live Subscription Status Today
As of 02:30 PM on 12 July 2024, the Aelea Commodities Limited IPO live subscription status shows that Aelea Commodities Limited IPO fully subscribed on Day 1 itself. Check the Aelea Commodities Limited IPO Live Subscription Status Today at BSE.


Aelea Commodities Limited IPO Allotment Status
Aelea Commodities IPO allotment date is 18 July, 2024, Wednesday. Aelea Commodities IPO Allotment will be out on 18th July 2024 and will be live on Registrar Website from the allotment date. Check Aelea Commodities Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Aelea Commodities Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Aelea Commodities Limited IPO
Aelea Commodities Issue Proceeds from the Fresh Issue will be utilized towards the following objects :
1. ₹2553.33 Lakhs is required for Setting up of new manufacturing unit and Installation of Plant & Machinery;
2. ₹591.66 Lakhs is required for the Purchase of Plant and Machinery at existing manufacturing unit;
2. General Corporate Purposes.

Refer to Aelea Commodities Limited RHP for more details about the Company.

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About Aelea Commodities Limited

Aelea Commodities Limited (Erstwhile Known As Aelea Commodities Pvt. Ltd.), is deeply entrenched in the processing and trading of cashews, while also actively engaged in the trading of a diverse range of commodities such as Sugar, Pulses, Soybean, Rice, Wheat Flour, and more. In the realm of cashews, we have successfully established a presence in both B2B and B2C segments, allowing them to cater to the nuanced requirements of both wholesale clients and individual consumers. On the other hand, their trade in products like Sugar, Pulses, Soybean, Rice, Wheat Flour, etc., is exclusively conducted through our B2B channel. 

The 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. They specialize in trading RCN and Cashew Kernels for consumption. Additionally, it trades in by-products from sugar mills, such as Bagasse.

They are supplying our products domestically as well as globally. 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. 

From its inception, the Company has been actively engaged in the cashew business, initially employing manual processing methods. Subsequently, in the financial year 2022, the Company undertook a significant corporate initiative by establishing a cashew processing plant in Surat with a robust operational capacity of 40 metric tons per day. Concurrently, the Company attained a commendable financial performance, achieving a net profit of ₹94.04 lakhs in the aforementioned financial year. This financial accomplishment underscores the Company's diversification and expansion
efforts.
In the upcoming period, the company is poised to transform Cashew Nut Shell Liquid (CNSL) into Cardanol (distilled CNSL) and Residol. Building upon extensive research and development efforts, the company stands prepared to meet the rising global demand for sustainable and green fuels by offering CNSL-derived products. Additionally, the company is well-positioned to initiate a project for the production of high-calorific-value Bio Charcoal from the residual Cashew Nut Shell Mass post-CNSL extraction. This Bio Charcoal holds potential for further processing into Activated Carbon, aligning with the company's commitment to innovation and environmental sustainability.

INDIAN CASHEW INDUSTRY
India is among the largest cashew-producing countries in the world. The cashew industry has large economic significance as it employs more than 10 lakh people on farms and factories in rural areas. The cultivation of cashews in India covers a total of 0.7 million hectares of land, and the country produces over 0.8 million tonnes (MT) annually. Between 2019-20 and 2021-22, India's cashew nut production grew from 0.70 million tonnes (MT) to 0.77 million tonnes (MT). In India, cashew cultivation is spread along the coastal regions of the peninsula. Cashew is mainly grown in states like Maharashtra, Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Goa, Orissa, West Bengal, and some parts of the North-Eastern region. According to data published by the National Horticulture Board (NHB), Maharashtra stands first in annual cashew nut production during 2021-22 at 0.20 million tonnes (MT), growing from 0.19 million tonnes cashew nut produced in 2020-21.

Besides the vast scale of cashew production, India is also known for pioneering cashew processing and exporting cashew kernels across the globe. The cashew processing industry was earlier concentrated in Kollam (Kerala), Mangalore (Karnataka), Goa, and Vettapalam (Andhra Pradesh), but now it is spread across many states of India. Over the years, India has emerged as the global processing hub for the cashew industry.

CASHEW KERNELS
Cashew kernels are obtained through processing (roasting / steaming, shelling and peeling) of raw cashewnuts. Cashew Kernels, for commercial purposes, are graded based on their colour, shape and size. The grade details are given under the heading - Commercial Information. Cashew kernels are also available as roasted, salted, flavoured and coated with spices, honey, etc. Value added products like cashew powder, cashew butter, cashew drink, etc. are also available in the market.
Standard specifications for Indian cashew kernels for export have been laid down by the Government of India under the Export (Quality Control and Inspection) Act 1963. Cashew Kernels are graded into white/scorched wholes, pieces, splits, butts etc.

The country has exported 65,808.42 MT of Cashew Kernels to the world for the worth of Rs. 280,880.04 Lakhs / 338.88 USD Millions during the year 2023-24.
Major Export Destinations (2023-24): The major importing countries of Cashew Kernels from India are UAE, Saudi Arab, Japan, Spain, Netherland, and Vietnam.

CASHEW NUT SHELL LIQUID (CNSL)
The Cashewnut Shell Liquid (CNSL) is a by-product obtained while processing raw cashewnuts to produce cashew kernels. It is the oil obtained by crushing the cashew shell. CNSL is a versatile industrial oil with its applications in the manufacture of brake linings, friction dust, resins, paint and laquer, etc.

The country has exported 3,508.18 MT of Cashew Nutshell Liquid (CNSL) to the world for the worth of Rs. 1,601.95 Lakhs/ 1.93 USD Millions during the year 2023-24. Major Export Destinations (2023-24): The major importing countries of Cashew Nut Shell Liquid (CNSL) from India are China P Rp, Korea Rp, Japan and Mexico.

GOVERNMENT INITIATIVES
The Government of India and the cashew export promotion council have undertaken several initiatives for the ease of exports and growth of the cashew industry. As non-financial assistance to exporters, many trade delegations, buyer-seller meets, fairs, development workshops, and research and development data are provided. Additionally, in 2018, the Basic Customs Duty on raw cashew nut was reduced to 2.5% from the previous 5%, and the Goods and Services Tax (GST) on the same was reduced to 5% from 12%.

As the cashew industry's domestic demand and exports are heavily dependent on imported raw cashew nuts, the Government of India has taken several steps to support efficient sourcing. These include:

• Changes in import policy for cashew kernel (both broken and whole)
• Revision of the standard inputs output norms (SION) for cashew exports
• Approval of Medium-Term Framework scheme for process mechanization and automation of cashew processing units with a financial outlay of Rs. 60 crore (US$ 8 million)
• Allowing duty-free import of raw cashew nuts under Duty-Free Tariff Preference (DFTP) Scheme from least developed countries (LDCs)
• The government has also extended financial assistance to the Cashew Export Promotion Council of India (CEPCI) for organizing buyer-seller meet (BSM) and participation in international fairs under Market Access Initiative (MAI) scheme, which supports tapping new markets.

AELEA COMMODITIES LIMITED STRENGTHS
1. Experienced Promoters.
2. Existing client relationship.
3. Quality Service.
4. Well established systems and procedures

AELEA COMMODITIES LIMITED STRATEGIES
1. Expand their existing manufacturing capacities to capitalize on industry opportunities.
2. Increasing Operational efficiency.
3. Continue to focus on innovation and grow their business across customer segments.
4. Enhance customer base by entering new geographies to establish long-term relationships.
5. Branding the finished product.
6. Procuring Raw Material in advance to manage price fluctuation and market demands

AELEA COMMODITIES LIMITED RISK FACTORS & CONCERNS
1. Their reliance on certain industries for a significant portion of their sales could have an adverse effect on their business.
2. The top ten customers of their product and top ten suppliers for raw material contribute a substantial part of their total revenue and source of Raw Material.
3. They derive a significant part of their revenue from major customers.
4. Their existing and proposed manufacturing facility are concentrated in a single region i.e., Surat, Gujrat
5. Risk Associated with foreign Subsidiary Company.