As of July 11, 2024, Aelea Commodities IPO has ₹30 as Grey Market Premium, with a price range of ₹91 to ₹95 per share. Offering lots of 1200 shares, the subscription window is open from July 12 to July 16, 2024.
Aelea Commodities Limited IPO GMP Today
The Grey Market Premium (GMP) for Aelea Commodities Limited is ₹30 as of July 11, 2024. This assessment coincides with a price of ₹91 to ₹95 per share for the IPO.
Aelea Commodities Limited IPO Review
Aelea Commodities Limited’s financial performance shows a mixed picture. While revenue grew year-over-year, the current year’s figures have declined. The company’s increased debt reliance, reduced profitability, lower EPS, and diminished Return on Net Worth (RoNW) may raise concerns among investors, despite growing assets and liabilities.
From March 2022 to March 2023, Aelea Commodities saw revenue increase from ₹10,275.75 lakhs to ₹10,894.74 lakhs, but it fell to ₹9,691.44 lakhs by December 2023. Despite growing equity and liabilities, a higher debt-equity ratio and declining profitability impacted diluted EPS and RoNW.
To get a full IPO review, click here Aelea Commodities IPO
Aelea Commodities Limited IPO Date
Aelea Commodities Limited will start accepting subscriptions from July 12, 2024 to July 16, 2024.
Aelea Commodities Limited IPO Price
Aelea Commodities Limited’s price range is ₹91 to ₹95 per share with a face value of ₹10 each.
Aelea Commodities Limited
Aelea Commodities Limited specialises in B2B and B2C trading of cashews, sugar, pulses, soybeans, rice, and wheat flour, emphasising quality service and customer satisfaction in domestic and international markets. The company imports Raw Cashew Nuts from African countries and trades in Cashew Kernels and sugar mill by-products.
How To Apply For Aelea Commodities Ltd IPO?
To apply for the Aelea Commodities through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Aelea Commodities on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the Aelea Commodities IPO at Alice Blue in just a few clicks!
