Amanaya Ventures Limited
Amanaya Ventures Limited
Amanaya Ventures Limited, incorporated in 2009, came up with the idea to promote SPOT buying and selling of gold across India. The company specializes in coins, bars of different sizes, and weights of gold and silver. The brand called “Aurel Bullion” is created by Amanaya Ventures Limited.
They are providing the app Aurel Bullion, a transparent digital platform where retailers and wholesalers can buy and sell 24-karat gold and silver bars at the lowest possible prices.
The company facilitates wholesale delivery to domestic users like jewelers, ornament manufacturers, semi-wholesalers, and individual customers as well.
They also provide the Aurel Gold Purchase Plan so that retail customers can buy physical gold in lesser quantities. Their aim is to provide an easy, transparent, and pocket-friendly way to purchase gold.
Purpose of issuing an IPO
- To fulfill the working capital requirement,
- To meet corporate expenses
Company Financials (Amount in lakhs)
Period Ended | Total Assets | Total Borrowing | Profit After Tax | Total Revenue |
31-Mar-21 | 187.05 | – | 1.12 | 620.16 |
31-Mar-22 | 203.62 | 4.93 | 7.63 | 1325.16 |
31-Aug-22 | 256.79 | 4.15 | 3.92 | 473.00 |
IPO Details
Opening Date | Feb 24, 2023 |
Closing Date | Feb 28, 2023 |
Face value | Rs.10 each share |
Price | Rs.23 each share |
Lot Size | 6000 shares |
Listing Date | Mar 9, 2023 |
Issue Size | 1,200,000 shares |
Fresh Size | 1,200,000 shares |
Listing At | BSE SME |
