Amanaya Ventures Ltd. is a member of “The Indian Bullion and Jewellers Association Ltd.” as well as “The Federation of Indian Export Organisations.” The company promoted SPOT gold buying and selling in India. They are bullion traders who deal in gold and silver bars and coins.
Amanya Ventures Ltd. operates in two business sectors. Their wholesale division provides gold bullion delivery to domestic customers such as jewellers, goldsmiths, and semi-wholesalers. Retail clients can acquire tiny amounts of gold through the retail segment’s gold buying plan. They have created their own brand, Aurel Bullion, and the Aurel Gold purchasing Plan, which provides retail buyers with excellent, hallmarked gold purchasing plans. Aurel Bullion is an app that allows clients to purchase and sell 24k gold and silver bars
and coins in retail and wholesale.
Amanaya Ventures Ltd. IPO Objective
- The company proposes to raise funds to meet working capital requirements and general corporate expenses.
Amanaya Ventures Ltd. Company Financials
| Parameters | Year ending on As on 31st March, 2022 | Year ending on As on 31st March, 2021 | Year ending on As on 31st March, 2020 |
|---|---|---|---|
| Total revenue | 1,325.16 | 620.16 | 445.85 |
| Profit After Tax | 7.63 | 1.12 | 0.13 |
| Total borrowings | 4.93 | NA | NA |
| Current Assets | 203.62 | 187.05 | 191.51 |
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 IPO FAQs :
Q1. What is the Amanaya Ventures Ltd. IPO?
Ans. 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.
Q2. When will Amanaya Ventures Ltd. IPO allotment be available?
Ans. The IPO shares of Amanaya Ventures Ltd. will be allotted on March 3, 2023.
Q3. What will be the Amanaya Ventures Ltd. IPO lot size?
Ans. One lot of Amanaya Ventures Ltd.’ IPO has 6000 shares.
Q4. When will Amanaya Ventures Ltd. IPO open for subscription?
Ans. The IPO will open on February 24, 2023.
Q5. What minimum lot size can retail investors subscribe to?
Ans. Retail investors can apply for a minimum of one lot.
Q6. When will Amanaya Ventures Ltd. list on exchanges?
Ans. The shares will list on the BSE exchange on March 9, 2023.
Q7. What would be the listing gains on the Amanaya Ventures Ltd. IPO?
Ans. 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.
Q8. I have finished the application process for Amanaya Ventures Ltd. IPO, but the funds are not yet debited. What is the reason?
Ans. 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.
Q9. How to approve the UPI mandate request for Amanaya Ventures Ltd. IPO?
Ans. Login to your UPI handle and approve the payment mandate to complete the IPO application process.
Q10. Can I submit more than one application for the public issue of Amanaya Ventures Ltd. using one PAN?
Ans. You can submit only one application using one PAN card.
Q11. What is the minimum order quantity for Amanaya Ventures Ltd. IPO?
Ans. The minimum size of the application will be one lot of 6000 shares.
