Amanaya Ventures IPO

Small CapSME

IPO Details

Bidding Dates

24 Feb '23 - 28 Feb '23

Minimum Investment

₹138,000/1 Lots ( 6000 Shares )

Price Range

₹23

Maximum Investment

₹138,000/1 Lots ( 6000 Shares )

Retail Discount

To be announced

Issue Size

₹2.76 crore

Investor category and sub category

Qualified Institutional Buyers | Non-Institutional Investors | Retail Individual Investors

Amanaya Ventures IPO Dates

Important dates with respect to IPO allotment and listing

IPO Opening Date

24 Feb '23

IPO Closing Date

28 Feb '23

IPO Allotment Date

03 Mar '23

Initiation of Refunds

06 Mar '23

Credit of Shares to Demat Account

08 Mar '23

Listing Date

09 Mar '23

IPO Subscription Details

Date	NII	Retail	Total
Day 1Feb 24 2023	0.11	0.24	0.17
Day 2Feb 27 2023	0.26	1.15	0.71
Day 3Feb 28 2023	0.77	2.73	1.75

About Company

The company promoted SPOT buying and selling of gold in India. They are bullion traders, specialising in trading gold and silver bars and coins.

Amanya Ventures Ltd. has two business verticals. Their wholesale segment offers doorstep delivery of gold bullion to domestic users like jewellers, goldsmiths, and semi-wholesalers. The retail segment offers a gold purchase plan for retail customers allowing them to buy small amounts of gold. They have developed their own brand Aurel Bullion and the Aurel Gold Purchase Plan offers quality, hallmarked gold purchase plans to retail buyers. They have built an App, Aurel Bullion, that allows customers to buy or sell 24k gold and silver bars and coins in retail and wholesale.

Amanya Ventures Ltd. is a member of The Indian Bullion and Jewellers Association Ltd" and "The Federation of Indian Export Organisations".

Amanaya Ventures Ltd. IPO Objective

The company proposes to raise funds to meet working capital requirements and general corporate expenses.

Why should you invest in Amanaya Ventures Ltd. IPO?

Here are your top reasons to invest in the IPO.

They have a multichannel business approach. They offer to buy and sell gold and silver bullion and coins in retail and bulk through offline and online platforms.
Aurel Gold Purchase Plan is a unique scheme for retail investors to buy physical gold through an eleven-month plan. Customers can fix the rate by making a 25% payment upfront.
Aurel Bullions is a recognised brand name for buying gold and silver, and they have established long-term relationships with their suppliers.

Amanaya Ventures Ltd. Company Financials

Parameters	Year ending on As on 31st March, 2022	Year ending on As on 31st March, 2021
Total revenue	1,325.16	620.16
Profit After Tax	7.63	1.12
Total borrowings	4.93	NA
Current Assets	203.62	187.05

Know before investing

Strengths

The company is currently expanding and has plans to spread its business in areas of Delhi, Ahmedabad, Amritsar, and NCR.
They want to transform themselves into a digital organisation to improve operational efficiency for cost reduction and improving overhead.
They continue to invest in marketing and branding activities to improve brand recognition across markets.

Risks

There are some legal cases pending against the company promoter which might impact the company’s future revenue earnings.
Their current business is concentrated in Amritsar and Ahmedabad, which can restrict their business prospects.
A situation like Covid-19 can have a serious impact on the company's financials and cash flow.

How to Apply in IPO
How to Check IPO Allotment Status

Select desired IPO & tap on "Apply"

Enter UPI ID, set quantity/price & submit

Accept mandate on the UPI app to complete the process

Amanaya Ventures IPO FAQs

What is the Amanaya Ventures Ltd. IPO?

Amanaya Ventures Ltd. SME IPO opens on February 24, 2023. The total IPO size is ₹2.76 crore. It is a fixed price issue IPO with shares available at ₹23 per equity share.

When will Amanaya Ventures Ltd. IPO allotment be available?

The IPO shares of Amanaya Ventures Ltd. will be allotted on March 3, 2023.

What will be the Amanaya Ventures Ltd. IPO lot size?

One lot of Amanaya Ventures Ltd.’ IPO has 6000 shares.

When will Amanaya Ventures Ltd. IPO open for subscription?

The IPO will open on February 24, 2023.

What minimum lot size can retail investors subscribe to?

Retail investors can apply for a minimum of one lot.

When will Amanaya Ventures Ltd. list on exchanges?

The shares will list on the BSE exchange on March 9, 2023.

How to check the allotment status of Amanaya Ventures Ltd. IPO?

Angel One customers can log in to their accounts to check Amanaya Ventures Ltd. IPO allotment status. When checking the allotment status, keep your application, DP ID, and PAN number ready.

What would be the listing gains on the Amanaya Ventures Ltd. IPO?

Listing gain is the difference between the IPO's opening and offer prices. The listing gain results from changing investors' interests, global parameters, and short vs long-term outlooks.

I have finished the application process for Amanaya Ventures Ltd. IPO, but the funds are not yet debited. What is the reason?

The bank initially blocks the amount you bid for an IPO. It will debit the amount when the shares get allotted or unblock it after the UPI mandate expiry date.