Basis of Allotment

This is a public announcement tor information purposes only and is not a prospectus announcement. This does not constitute an invitation or offer to acquire, purchase or subscribe to securities. This public announcement is not intended for publication or distribution, directly or indirectly outside india.

Aelea 1.jpg (4372 bytes) AELEA COMMODITIES LIMITED
(Formerly known as Aelea Commodities Private Limited)
Corporate Identity Numbers: U51909MH2018PLC316782

Our Company was originally incorporated as a private limited company under the Companies Act, 2013 in the name and style of "Aelea Commodities Private Limited" dated November 05. 2018, issued by the Registrar of Companies, Mumbai Maharashtra bearing Registration No. 316782. Thereafter, the name of the Company was changed from "Aelea Commodities Private Limited" to "Aelea Commodities Limited" vide a fresh certificate of incorporation dated February 28, 2024, issued by the Registrar of Companies, Mumbai Maharashtra. The Corporation Identification Number of our Company is U51909MH2018PLC316782.

Registered Office: Office No.7,2nd Floor, Ahfajo House, Plot No. 778 & 779,22 Rustom Shidwa Marg, Gunbow Street. Fort, Mumbai 400 001, Maharashtra, India.
Website: www.aeleacommodities.com | E-Mail: info@aeleacommodities.com | Telephone No: +91- 22 6634 0989
Company Secretary and Compliance Officer: Rekha Kamal Rathi
PROMOTERS: Hozefa S Jawadwala, Satyanarayan Patro, Ashok Patel, Firoz Gulamhusein Hathiyari, Rashida Hozefa Jawadwala, Sonali Malla, Sumita A Patel, and Farida Firoz Hathiyari
‘THE ISSUE IS BEING MADE IN ACCORDANCE WITH CHAPTER IX OF THE SEBIICDR REGULATIONS (IPO OF SMALL AND MEDIUM ENTERPRISES) AND THE EQUITY SHARES ARE PROPOSED TO BE LISTED ON SME PLATFORM OF BSE Limited (BSE SME)."
BASIS OF ALLOTMENT

INITIAL PUBLIC ISSUE OF 53,68,800 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH (THE "EQUITY SHARES' ) OF AELEA COMMODITIES LIMITED ("OUR COMPANY" OR "ACLD" OR "THE ISSUER") AT AN ISSUE PRICE OF RS. 95/- PER EQUITY SHARE FOR CASH, AGGREGATING UPTO RS. 5,100.36 LAKHS ("PUBLIC ISSUE") OUT OF WHICH 2.68.800 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH, AT AN ISSUE PRICE OF  RS. 95/- PER EQUITY SHARE FOR CASH, AGGREGATING  RS. 255.36 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY THE MARKET MAKER TO THE ISSUE (THE "MARKET MAKER RESERVATION PORTION"). THE PUBLIC ISSUE LESS MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 51.00.000 EQUITY SHARES OF FACE VALUE OF  RS. 10 EACH. AT AN ISSUE PRICE OF   RS. 95/- PER EQUITY SHARE FOR CASH, AGGREGATING UPTO 74,845.00 LAKHS IS HEREIN AFTER REFERRED TO AS THE "NET ISSUE". THE PUBLIC ISSUE AND NET ISSUE WILL CONSTITUTE 26.36 % AND 25.04 %, RESPECTIVELY OF THE POST- ISSUE PAID - UP EQUITY SHARE CAPITAL OF OUR COMPANY. THE ISSUE PRICE IS 9.5 TIMES THE FACE VALUE OF THE EQUITY SHARES.

ISSUE PRICE: Rs. 95.00 PER EQUITY SHARE OF FACE VALUE Rs. 10/- EACH.
ANCHOR INVESTOR ISSUE PRICE: Rs. 95.00 PER EQUITY SHARE
THE ISSUE PRICE IS 9.5 TIMES OF THE FACE VALUE OF EQUITY SHARES
RISK TO INVESTORS:

1. Our Equity Shares have never been publicly traded, and may experience price and volume fluctuations following the completion of the Offer. Further, our Equity Shares may not result in an active or liquid market and the price of our Equity Shares may be volatile and you may be unable to resell your Equity Shares at or above the Offer Price or at ail.

2. The average cost of acquisition of Equity Shares by our Promoters is set forth in the table below:

Sr. No.

Name of the Promoters

No of Equity Shares held

Average cost of Acquisition (in Rs.)*

1.

Hozefa S Jawadwala

59,24,100

0.03

2.

Satyanarayan Patro

59.24,400

0.03

3.

Ashok Patel

1.99.500

0.03

4.

Firoz Gulamhusein Hathiyari

1.99,500

0.03

5.

Rashida Hozefa Jawadwala

3.00,000

Nil

6.

Sonali Malla

3,00,000

Nil

7.

Sumita A Patel

60,000

Nil

8.

Farida Firoz Hathiyari

60,000

Nil

The average cost of acquisition of Equity Shares by our Promoter have been calculated by taking into account the amount paid by them to acquire and Shares allotted to them as reduced by amount received on sell of shares i.e.. net of sale consideration is divided by net quantity of shares acquired.

* the Issue Price at the upper end of the Price Band is Rs. 95 per Equity Share.

*As certified by M/s Doshi Doshi & Co..Chartered Accountants vide the certificate dated March 22.2024

3. Weighted average cost ol acquisition, Issue Price:

The weighted average cost of acquisition of Equity Shares as compared with the Issue Price is set forth below:

Types of transactions

Weighted average cost of acquisition (Rs. per Equity Shares)

Floor Price (Rs.91/-)

Cap Price (Rs.95/-)

Weighted average cost of acquisition of primary issuances

NIL

NA

NA

Weighted average cost of acquisition for secondary transactions. (Pre Bonus)

6,000/-

0.015

0.015

Weighted average cost of acquisition for secondary transactions. (Post Bonus)

20.06/-

4.53

4.73

""As certified by Doshi Doshi & Co, Chartered Accountants, by way of their certificate dated July 12, 2024.

4. The Price/ Earnings ratio based on Consolidated Diluted EPS for Fiscal year 2023-24 and for period ended May. 2024 for the company at the upper end of the Price Band are 11.66 and 50.80 respectively.

The Price/ Earnings ratio based on Standalone Diluted EPS for Fiscal year 2023-24 and for period ended May. 2024 for the company at the upper end of the Price Band are 21.02 and 339.29 respectively.

5. Average Return on Net worth Consolidated Basis for Fiscal year 2023-24 and for period ended May 2024 is 26.16% and 5.75% respectively.

Average Return on Net worth Standalone Basis for Fiscal year 2023-24 and for period ended May 2024 is 29.09% and 1.79% respectively.

BID/ ISSUE PROGRAMME

ANCHOR INVESTOR BIDDING DATE WAS: THURSDAY, 11 JULY, 2024
BID/ISSUE OPENED ON: FRIDAY, 12 JULY, 2024
BID/ISSUE CLOSED ON: TUESDAY, 16 JULY, 2024

The Issue is being made through the Book Building Process, in terms of Rule 19(2)(b)(i) of the Securities Contracts (Regulation) Rules, 1957, as amended ("SCRR") read with Regulation 253 of the SEBIICDR Regulations, as amended, wherein not more than 50% of the Net Issue shall be allocated on a proportionate basis to Qualified Institutional Buyers ('QIBs', the ‘QIB Portion'), provided that our Company may. in consultation with the Book Running Lead Managers, allocate up to 60% of the QIB Portion to Anchor Investors on a discretionary basis in accordance with the SEBI ICDR Regulations ("Anchor Investor Portion"), of which one-third shall be reserved for domestic Mutual Funds, subject to valid Bids being received from domestic Mutual Funds at or above the Anchor Investor Allocation Price. In the event of under-subscription, or nonallocation in the Anchor Investor Portion, the balance Equity Shares shall be added to the Net QIB Portion. Further. 5% of the Net QIB Portion shall be available for allocation on a proportionate basis only to Mutual Funds, and the remainder of the Net QIB Portion shall be available for allocation on a proportionate basis to all QIBs, including Mutual Funds, subject to valid Bids being received at or above the Issue Price. However, if the aggregate demand from Mutual Funds is less than 5% of the Net QIB Portion, the balance Equity Shares available for allocation in the Mutual Fund Portion will be added to the remaining Net QIB Portion for proportionate allocation to QIBs. Further, not less than 15% of the Net Issue shall be available for allocation on a proportionate basis to Non-lnstitutional Bidders and not less than 35% of the Net Issue shall be available for allocation to Retail Individual Bidders in accordance with the SEBI ICDR Regulations, subject to valid Bids being received at or above the Issue Price. All potential Bidders (except Anchor Investors) are required to mandatorily utilize the Application Supported by Blocked Amount (‘ASBA") process providing details of their respective ASBA accounts, and UPI ID in case of RIBs using the UPI Mechanism, if applicable, in which the corresponding Bid Amounts will be blocked by the SCSBs or by the Sponsor Bank under the UPI Mechanism, as the case may be, to the extent of respective Bid Amounts. Anchor Investors are not permitted to participate in the Issue through the ASBA process. For details, see "Issue Procedure' beginning on page 244 of this Prospectus.

The bidding for Anchor investors opened and closed on Thursday. July 11, 2024. The Company received 05 Anchor Investor Application Forms from 05 Anchor Investors (including Nil Mutual Funds through Nil Mutual Fund schemes) for 16,34,400 Equity Shares. Such 05 Anchor Investors through 05 Anchor Investor Application Forms were allocated 15,28,800 Equity Shares at a price of 7 95/- per Equity Share under the Anchor Investor Portion, aggregating to 714,52,36,000/-.

The Issue (excluding Anchor Investor Portion) received 2.79,507 applications for 72,06.74.400 Equity Shares (before technical rejections) resulting in 203.55 times subscription (including reserved portion of market maker). The Details of the Applications received from various categories (before technical rejection) are as under:

Detail of the Applications Received:

Cateqory

Number Of Applications

No of Shares

Reserved

No of Times Subscriptions

Amount

Retail Individual Investors

2,60,209

31,22,53,200

17,85,600

174.87

29,66,29,76,400.00

Non-lnstitutional Investors

19,243

29,98,62,000

7,65,600

391.66

28,48,64,29,200.00

Qualified Institutional Buyers (excludinq Anchor Investors)

54

10,82,90,400

10,20,000

106.16

10,28,75,88,000.00

Market Maker

1

2,68,800

2,68,800

1

2,55,36,000.00

Anchor

5

16,34,400

15,28,800

1.06

14,52,36,000.00

Total

2,79,512

72,23,08,800

53,68,800

134.53

68,60,77,65,600.00

Final Demand

A summary of the final demand as per BSE as on the Bid/ Issue Closing Date at different Bid Prices is as under:

Sr. No.

Bid Price

Bids Quantity

% of Total

Cumulative Total

% Cumulative Total

1.

91

3,32,400

0.04

3,32,400

0.04

2.

92

2,00,400

0.03

5,32,800

0.07

3.

93

2,62,800

0.03

7,95,600

0.10

4.

94

1,99,200

0.03

9,94,800

0.13

5.

95

58,28,50,800

74.57

58,38,45,600

74.70

6.

Cutoff Price(95)

19,77,82,800

25.30

78,16,28,400

100.00

Total

78,16,28,400

100

The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE on July 18, 2024

1) Allocation to Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Retail Individual Investors, who have bid at cut-off Price or at or above the issue Price of Rs. 95.00 per equity shares, was finalized in consultation with BSE. The category was subscribed by 172.77 times. The total number of Equity shares allotted in this category is 17,85,600 Equity Shares to 1,488 successful applicants. The category wise details of the Basis of Allotment are as under:

No. of Shares Applied for (Cateqorv wise) No. of Applications Received % to total Total No. of Equity Shares applied in this Category % to Total No. of Equity Shares allocated/ allotted per Applicant Ratio Total No. of Shares Allotted
Retail Individual Investor 2,57,082 100.00 30,84,98,400 100.00 1.200 248:42847 17,85,600
TOTAL 2,57,082 100.00 30,84,98,400 100.00 1,200 248:42847 17,85,600

2) Allocation to Non-lnstitutional Investors (After Technical Rejections): The Basis of Allotment to Other than Retail Individual Investors, who have bid at Issue Price ol Rs. 95.00 per equity shares or above, was finalized in consultation with BSE. The category v/as subscribed by 388.27 times. The total number of Equity shares allotted in this category is 7,65,600 Equity Shares to 532 successful applicants. The category wise details of the Basis of Allotment are as under (Sample Basis):

Sr. No.

No. of Shares Applied for (Cateqory wise)

No. of Applications Received

%to total

Total No. of Equity Shares applied in this Category

%to Total

No. of Equity Shares allocated/ allotted per Applicant

Ratio of Allottees to Applicants

Total Number of shares allotted

1.

2,400

9557

50.27

2,29,36,800

7.72

1,200

49:9557

58,800

2.

3,600

1279

6.73

46,04,400

1.55

1,200

10:1279

12,000

3.

4,800

1246

6.55

59,80,800

2.01

1,200

13:1246

15,600

4.

6,000

834

4.39

50,04,000

1.68

1,200

11:834

13,200

5.

7,200

435

2.29

31,32,000

1.05

1,200

7:435

8,400

6.

8,400

400

2.10

33,60,000

1.13

1,200

7:400

8,400

7.

9,600

470

2.47

45,12,000

1.52

1,200

1:47

12,000

8.

10,800

1599

8.41

1,72,69,200

5.81

1,200

37:1599

44,400

9.

12,000

841

4.42

1,00,92,000

3.40

1,200

22:841

26,400

10.

13,200

169

0.89

22,30,800

0.75

1,200

5:169

6,000

11.

14,400

149

0.78

21,45,600

0.72

1,200

5:149

6,000

12.

15,600

105

0.55

16,38,000

0.55

1,200

1:35

3,600

13.

16,800

95

0.50

15,96,000

0.54

1,200

3:95

3,600

14.

18,000

159

0.84

28,62,000

0.96

1,200

2:53

7,200

15.

19,200

77

0.41

14,78,400

0.50

1,200

3:77

3,600

16.

1,12,800

4

0.02

4,51,200

0.15

1,200

1:4

1,200

17.

1,14,000

3

0.02

3,42,000

0.12

1,200

1:3

1,200

18.

1,15,200

4

0.02

4,60,800

0.16

1,200

1:4

1,200

19.

1,16,400

3

0.02

3,49,200

0.12

1,200

1:3

1,200

20.

1,20,000

15

0.08

18,00,000

0.61

1,200

4:15

4,800

21.

1,22,400

3

0.02

3,67,200

0.12

1,200

1:3

1,200

22.

22,56,000

1

0.01

22,56,000

0.76

1,200

1:1

6,000

23.

25,29,600

1

0.01

25,29,600

0.85

1,200

1:1

6,000

24.

25,35,600

1

0.01

25,35,600

0.85

1,200

1:1

6,000

25.

25,48,800

1

0.01

25,48,800

0.86

1,200

1:1

6,000

3) Allocation to QIBs excluding Anchor Investors (After Technical Rejections): The Basis of Allotment to QIBs. who have bid at issue Price of Rs. 95.00 per equity shares has been done on a proportionate basis in consultation with BSE. The category was subscribed to the extent of 104.18. Times of QIB Portion. The total number of shares allotted in this category is 10,20,000 Equity Shares which are allotted to 53 successful applicants. The category wise details of the Basis of Allotment are as under

Category

FIS/BANKS

MF'S

IC'S

NBFC'S

AIF

FPI

VC'S

TOTAL

QIBs

1,27,200

0

19,200

3,30.000

2,29,200

3.14,400

0

10.20,000

4) Allocation to Anchor Investors (After Technical Rejections & Withdrawal): The Company in consultation with the BRLM has allotted 15.28.800 Equity Shares to 5 Anchor Investors at Anchor Investor issue Price of Rs. 95.00 per equity shares in accordance with the SEBIICDR Regulations. The category wise details of the Basis of Allotment are as under:

Category

FIS/BANKS

MF'S

ICS

NBFC'S

AIF

FPI

OTHERS

TOTAL

ANCHOR

0

0

0

3,16,800

7,38,000

4.74.000

o

15,28,800

5) Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to Market Maker, who have bid at Issue Price of Rs. 95.00 per equity shares or above, was finalized in consultation with SE. The category was subscribed by 1.00 times i.e., for 2.68,800 shares the total number of shares allotted in this category is 2.68.800 Equity Shares. The category v/ise details of the Basis of Allotment are as under:

No. of Shares Applied for (Cateqorv wise)

No. of Applications Received

% to total

Total No. of Equity Shares applied in this Cateqorv

% to Total

No. of Equity Shares allocated/ allotted per Applicant

Ratio

Total No. of Shares Allotted

2,68,800

1

100.00

2,68,800

100.00

2,68,800

1:1

2,68,800

TOTAL

1

100.00

2,68,800

100.00

2,68,800

1:1

2,68,800

The Board of Directors of the Company at its meeting held on July 18, 2024 has approved the Basis of Allocation of Equity Shares as approved by the Designated Stock Exchange viz. BSE and has authorized the corporate action for issue of the Equity Shares to various successful applicants. The allotment cum refund intimation will be dispatched to the address of the investor as registered with the depositories. Further, the instructions to Self Certified Syndicate Banks for unblocking the amount will process on or prior to July 19,2024. In case the same is not received within ten days, investors may contact at the address given below. The Equity Shares allocated to successful applicants are being credited to their beneficiary accounts subject to validation of the account details with the depositories concerned. The Company is taking steps to get the Equity Shares admitted for trading on the BSE SME within Three working days from the date of the closure of the issue.

Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated July 18, 2024 ("Prospectus") filed with Registrar of Companies, Mumbai, Maharashtra.

INVESTORS, PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the issue, Maashitla Securities Private Limited at ipo@maashitla.com All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/ Sole applicants, serial number of the Bid cum Application Form, number of shares applied for and Bank Branch where the application had been lodged and payment details at the address of the Registrar given below:

BOOK RUNNING LEAD MANAGER TO THE ISSUE

REGISTRAR TO THE ISSUE

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EKADRISHT CAPITAL PRIVATE LIMITED MAASHITLA SECURITIES PRIVATE LIMITED
406. The Summit Business Bay. Chakala. Andheri Kurla Road. Andheri East. 451. Krishna Apra Business Square, Netaji Subhash Place, Pitampura,
Chakala MIDC, Mumbai, 400 093, Maharashtra, India. Delhi 110 034, India.
Tel. No.: +91 89286 31037 | Email: info@ekadrisht.com Telephone: 011 4512 1795 Email: ipo@maashitla.com
Investor Grievance Email: grievances@ekadrisht.com Investor Grievance e-mail: investor.ipo@maashitla.com
Website: www.ekadrisht.com Website: www.maashitla.com
Contact Person: Krunal Pipalia Contact Person: Mukul Agarwal
Designation: Vice President Designation: Director
SEBI Registration Number: INM000013040 SEBI Registration Number: INR000004370
CIN No: U66190MH2023PTC401863 CIN No: U67100DL2010PTC208725

COMPANY SECRETARY AND COMPLIANCE OFFICER

wpe1.jpg (4372 bytes) Rekha Kamal Rathi
C/o.: Aelea Commodities Limited;
Office No.7, 2nd Floor, Ahfajo House, Plot No. 778 & 779,22 Rustom Shidwa Marg Gunbow Street, Fort, Mumbai 400 001. Maharashtra. India.
Telephone: +91-22-6634 0989 | Email: cs@aeleacommodities.com Website: www.aeleacommodities.com
Investors can contact the Company Secretary and Compliance Officer, the BRLM or the Registrar to the Issue in case of any pre-issue or post-issue related problems, such as non-receipt of letters of allotment, non-credit of allotted equity shares in the respective beneficiary account, non-receipt of refund orders and non-receipt of funds by electronic mode.

For AELEA COMMODITIES LIMITED

On Behalf of the Board of Directors

Sd/-

Ashok Patel

Date: July 19, 2024

Whole Time Director

Place: Mumbai

DIN :06952529

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF AELEA COMMODITIES LIMITED.

Aelea Commodities Limited is proposing, subject to market conditions, public Issue of its equity shares and has filed the Prospectus with the Registrar of Companies, Mumbai, Maharashtra. The Prospectus is available on the website of SEBI at www.sebi.gov.in, the website of the Book Running Lead Manager at www.ekadrisht.com website of the BSE i.e. www.bseindia.com and Website of Issuer Company at www.aeleacommodities.com Investors should note that investment in Equity Shares involves a high degree of risk. For details, investors shall refer to and rely on the Prospectus including the section titled "Risk Factors" beginning on page 27 of the Prospectus, which has been filed with ROC. The Equity Shares have not been and will not be registered under the US Securities Act (the "Securities Act") or any state securities law in United States and may not be Issued or sold within the United States or to, or for the account or benefit of, "U.S. persons" (as defined in the Regulation S under the Securities Act), except pursuant to an exemption from, or in a transaction not subject to the registration requirements of the Securities Act of 1933.

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