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Aether Industries Limited IPO

Aether Industries Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 704.00 (+9.66%)

Aether Industries Limited's has transitioned to a publicly listed entity following its IPO debut on 03-06-2022 at the NSE, BSE exchange. The public offering successfully raised 1,25,86,355 Shares, consisting of 97,66,355 Sharesin new capital and ₹181.04 Cr in existing shareholder sales.

The IPO featured a competitive price range of ₹610 to ₹642 and minimum application size of 23 shares. Market reception was evidenced through subscription activity between 24-05-2022 and 26-05-2022, reflecting investor appetite for the offering.

Allotment of shares was completed on 31-05-2022, distributing equity to successful applicants. The listing marked the beginning of the company's journey as a publicly traded corporation, subject to market dynamics and regulatory oversight.

Aether Industries IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Aether Industries IPO Key Performance Indicator
Company Financials ( In Crores )

Aether Industries IPO About Company

Incorporated in 2013, Aether Industries Limited is a specialty chemicals manufacturer and the sole Indian producer of chemicals including 4-(2-Methoxyethyl) Phenol (4MEP), 3-Methoxy-2-Methylbenzoyl Chloride (MMBC), Thiophene-2-Ethanol (T2E), Ortho Tolyl Benzo Nitrile (OTBN), N-Octyl-D-Glucamine, Delta-Valerolactone, and Bifenthrin Alcohol. The company operates across three business models: large-scale manufacturing of intermediates and specialty chemicals, CRAMS (contract research and manufacturing services), and contract manufacturing. It has two manufacturing facilities in Sachin, Surat, Gujarat, with Facility 1 spanning 3,500 sq. metres including R&D, hydrogenation, and pilot plant capabilities, and Facility 2 covering roughly 10,500 sq. metres with an installed capacity of 6,096 MT per year across three buildings and 16 production streams. As of March 31, 2022, Aether Industries offered over 25 products to more than 34 global companies in 18 countries and 154 domestic companies, and is the world’s largest producer by volume of 4MEP, T2E, NODG, and HEEP products.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Aether Industries IPO Strength Factors

NA


Aether Industries IPO Risk Factors

NA


Aether Industries IPO Lead Manager(s)

  • Kotak Mahindra Capital Company

Aether Industries IPO Promoter(s)

  1. Ashwin Jayantilal Desai
  2. Purnima Ashwin Desai
  3. Rohan Ashwin Desai
  4. Dr. Aman Ashvin Desai
  5. AJD Family Trust
  6. PAD Family Trust
  7. RAD Family Trust
  8. AAD Family Trust
  9. AAD Business Trust

Aether Industries IPO Company Details

Aether Industries Limited
Phone:
address:

Aether Industries IPO Registrar

Link Intime India Private Limited
Name:
Phone:

Aether Industries IPO FAQs