Aether Industries IPO date is fixed, the IPO is to open on May 24 and will close on May 26, 2022. Aether Industries IPO to raise around Rs.808 crores via IPO that comprises fresh issue of Rs.627 crores and offer for sale up to 2,820,000 equity shares of Rs.10 each. The retail quota is 35% while QIB is 50% and HNI is 15%.
Based in Surat, Aether Industries Limited was incorporated in 2013. Aether Industries is a manufacturer of specialty chemicals that focuses on producing advanced intermediates and specialty chemicals involving complex and differentiated chemistry and technology core competencies. Their products are used in the industries such as pharmaceutical, agrochemical, material science, coating, high-performance photography, additive, and oil and gas segments of the chemical industry.
The company is one of the fastest-growing specialty chemical companies in India, growing at a CAGR of nearly 60% between Fiscal 2018 and Fiscal 2021. They have a production capacity of more than 6000 MT and are available in our state-of-art and DCS automated manufacturing facilities. They are also a leading CRAMS (Contract Research and Manufacturing Services) provider and Contract / Exclusive Manufacturing services provider, built upon technology-intensive and state-of-art R&D and Pilot Plant facilities. Aether has a customer base on over 130 multinational, global, regional, and local companies. They sell their products to over 30 global customers in 17 countries and to over 100 domestic customers.
Aether Industries IPO Date, Size & Price Band
| Aether Industries IPO Date | 24 – 26 May 2022 |
| IPO Price Band | INR610 – 642 per share |
| Fresh issue | INR627 crore |
| Offer For Sale | 2,820,000 shares (INR172.02 – 181.04 crore) |
| Total IPO size | INR799.02 – 808.04 crore |
| Minimum bid (lot size) | 23 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Aether Industries IPO Market Lot
The Aether Industries IPO minimum market lot is 23 shares with ₹14,766 application amount. The retail investors can apply up-to 13 lots with 299 shares or ₹191,958 amount.
Aether Industries IPO Allotment & Listing Dates
The Aether Industries IPO date is May 24 and the close date is May 26. The Aether Industries IPO allotment will be finalized on May 31 and the IPO listing on June 3.
Aether Industries Company Financial Report
| Rs. in Crores | |||||
| Revenue(Rs.) | Expense(Rs.) | PAT(Rs.) | |||
| 2019 | 203 | 171 | 23.34 | ||
| 2020 | 304 | 247 | 39.96 | ||
| 2021 | 454 | 356 | 71.12 | ||
| 2021 6M | 296 | 216 | 57.51 | ||
Peer Group
- Clean Science and Technology Limited
- Navin Fluorine International Limited
- Vinati Organics Limited
- PI Industries Limited
- Fine Organic Industries Limited
Company Promoters
- Ashwin Jayantilal Desai
- Purnima Ashwin Desai
- Rohan Ashwin Desai
- Dr. Aman Ashvin Desai
- ADJ Family Trust
- PAD Family Trust
- RAD Family Trust
- AAD Family Trust
- AAD Business Trust
Aether Industries IPO Registrar
Linkintime India Private Limited
C 101, 1st Floor, 247 Park
L.B.S. Marg,
Vikhroli (West), Mumbai 400 083
Maharashtra, India
Telephone: +91 22 4918 6200
E-mail: aether.ipo@linkintime.co.in
Website: www.linkintime.co.in
Aether Industries IPO Allotment Status Check
Check Aether Industries IPO allotment status on Linkintime website allotment URL. Click Here
Aether Industries IPO Lead Managers
- HDFC Bank Limited
- Kotak Mahindra Capital Company Limited
Company Address
Aether Industries Limited
Plot No. 8203, GIDC, Sachin,
Surat - 394230, Gujarat
Tel: +91 261 660 3360
Contact Person: Chitrarth Rajan Parghi
Company Secretary and Compliance Officer
E-mail: compliance@aether.co.in
Website: www.aether.co.in
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