Amanaya Ventures Ltd (BSE SME)

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Amanaya Ventures Ltd (BSE SME)

February 24, 2023 – February 28, 2023

Price ₹23 - ₹23
Premium ₹0
Lot size 6000
Allotment Mar 3, 2023
Listing Mar 9, 2023

Address

Amanaya Ventures Limited
69-70, First Floor,
Deep Complex, Court Road,
Amritsar-143001
Phone: +91 9914997607
Email: info@amanaya.in
Website: https://www.amanaya.in/

Registrar
Beetal Financial & Computer Services (P) Limited
Address: Beetal Financial & Computer Services (P) Limited Beetal House, 3rd Floor, 99, Madangir, Behind Local Shopping Centre, New Delhi - 110062
Subscription
Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers0.77
Retail Investors2.73
Employees[.]
Others[.]
Total1.75
About
Category Lot(s) Qty Amount Reserved
Retail 1 6000 138000 0
HNI 2 12000 276000 0
Issue Size1,200,000 shares of ₹10
(aggregating up to ₹2.76 Cr)
Fresh Issue1,200,000 shares of ₹10
(aggregating up to ₹2.76 Cr)
Market Maker portion60,000 shares
Issue TypeFixed Price Issue IPO
Listing AtBSE SME
NII (HNI) Shares Offered50% of the Net Issue
Retail Shares Offered50% of the Net Issue
Market MakerNIKUNJ STOCK BROKERS LIMITED
Company Promoters

MR. Manan Mahajan is the Promoter of the Company.

Incorporated in 2009, Amanaya Ventures Limited was formed with the objective of promoting SPOT buying and selling of Gold across India. They are bullion traders, specializing in bars and coins of various sizes and weights of Gold and Silver.

The company offers wholesale delivery of bullion to domestic users like ornament manufacturers, goldsmiths, jewelers, and semi-wholesalers as well as individual customs. The Company is a member of "The Indian Bullion and Jewellers Association Ltd" and "The Federation of Indian Export Organisations".

The company also offers the Aurel Gold Purchase Plan for retail customers in order to enable them to purchase physical gold in smaller quantities. The motive of the company is to provide a transparent, convenient, and cost-effective manner for purchasing gold.

Amanaya Ventures Limited has developed its own brand under the name "Aurel Bullion". The brand provides advantage to the customers for relying on the quality of
the product. All of the gold jewellery offered is hallmarked by BIS except gold jewellery weighing less than two grams which is not required to be hallmarked.

Company Financials
Amanaya Ventures Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-20191.52445.850.13184.9188.13
31-Mar-21187.05620.161.12186.0289.25
31-Mar-22203.621,325.167.63196.75-41.254.93
31-Aug-22256.79473.003.92249.96-3.944.15
Amount in ₹ Lakhs

Strength

Weakness