Aelea Commodities IPO Allotment Today: How to Check Status, Step-by-Step Guide | Stock Market News
Investors eagerly await the allotment results of the Aelea Commodities IPO, which is set to be finalized today, Thursday, July 18. The IPO saw strong interest and robust subscription during its bidding period, which closed on July 16.
Valued at ₹51 crore, the Aelea IPO offered shares at a price band of ₹91 to ₹95 per share. Investors can check their allotment status online through the official portal of the IPO registrar, Maashitla Securities Private Limited. The basis of allotment is expected to be finalized shortly.
Shares allotted will be credited to investors’ demat accounts on July 19, while refunds for rejected applications will also be processed on the same day.
To check your allotment status:
- Visit the Aelea Commodities IPO allotment page on Maashitla.com
- Select ‘Aelea Commodities’ from the drop-down menu
- Choose your identification option: PAN Number, Application Number, or Demat Account Number
- Enter your respective details and click ‘Search’
You will see your Aelea Commodities IPO allotment status displayed on your screen, whether you’re using a computer or mobile device.
About the IPO
The Aelea Commodities IPO garnered exceptional demand, with subscription levels reaching 195.83 times. The issue received bids for 69.93 crore shares against the 35.71 lakh shares offered. Notably, subscriptions were strong across various investor categories:
- Qualified Institutional Buyers (QIBs): 104.22 times
- Non-Institutional Investors (NII): 389.87 times
- Retail Investors: 164.95 times
The IPO proceeds will primarily fund the establishment of a new manufacturing unit, purchase of machinery, and general corporate purposes for Aelea Commodities, a company engaged in trading agricultural products with a focus on cashews.
Ekadrisht Capital Private Limited serves as the book running lead manager, while Maashitla Securities Private Limited acts as the IPO registrar for Aelea Commodities.
Aelea Commodities IPO GMP Today
Aelea Commodities is trading at a significant premium in the grey market, with a grey market premium (GMP) of ₹77 per share today. This indicates an anticipated listing price of ₹172, reflecting an 81% premium over its issue price of ₹95. The GMP has remained consistent since July 16, following an increase from ₹45 on July 15.
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