Past performance
About Aelea Commodities Ltd Aelea Commodities Limited, initially established as a private entity in 2018 by founder Ashok Patel, transitioned to a public company in February 2024. Based in Mumbai, Maharashtra, the company specializes in trading and processing agricultural products, with a key focus on cashews. In 2021, Aelea expanded its operations by setting up a cashew processing unit in Surat, Gujarat, with a capacity of 40 metric tons per day, catering to both B2B and B2C markets. Additionally, Aelea trades commodities such as sugar, pulses, soybean, rice, and wheat flour, predominantly through B2B channels.
The company imports raw cashew nuts from African countries like Benin, Tanzania, and Cote d'Ivoire, highlighting its robust international trade footprint. Aelea is preparing for an Initial Public Offering (IPO) with a fresh issue of 5.5 million equity shares, aiming to optimize operational efficiency and expand its market presence.
Performance overview