Aelea Commodities Ltd. has announced public offering of 5368800 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 85.00 per share. The gross proceeds of the issue are expected to be Rs 5,100.36 lakhs.

The company's initial public offer (IPO) will open on 12 July 2024 and is expected to close on 16 July 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 91.00-95.00 per share.

The IPO includes a fresh Issue of 5368800 Equity Shares of the Company at an price of Rs 95.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.

Aelea Commodities Ltd. anticipates using the proceeds of the issue for .

Ekadrisht Capital Pvt. Ltd. as lead manager & Maashitla Securities Pvt. Ltd. is the registrar, to the issue.