Aether Industries IPO
Mainboard₹14,766 / 23 Shares
Aether Industries IPO Details
The Aether Industries IPO price band is set between ₹610-642 per equity share, with a face value of ₹10 per share. The issue is managed by Linkintime India Private Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 24 May, 2022 and closes on 26 May, 2022. Investors can check the allotment status on 31 May, 2022, while the listing date is tentatively scheduled for 3 Jun, 2022.
The total issue size is Total 800 Crores Approx : Fresh Issue : ₹627 Crores + OFS : 2,820,000 Shares, aggregating up to . Stay tuned for the latest Aether Industries IPO review and GMP updates.
Aether Industries IPO Review, Rating & Analysis
Aether Industries IPO Review
NO REVIEWAether Industries IPO Rating
Aether Industries IPO Highlights
IPO Date
May 24, 2022 - May 26, 2022
Listing Date
3 Jun, 2022
Face Value
₹10 Per Equity Share
Price Band
₹610-642 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
2,820,000 Shares
Listing At
BSE, NSE
Aether Industries IPO Lot Size
The minimum market lot for Aether Industries IPO is 23 shares with an application amount of ₹14,766. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 23 | ₹14,766 |
| Retail (Max) | 13 | 299 | ₹1,91,958 |
| S-HNI (Min) | 14 | 322 | ₹2,06,724 |
| S-HNI (Max) | 67 | 1541 | ₹9,89,322 |
| B-HNI (Min) | 68 | 1564 | ₹10,04,088 |
Aether Industries IPO Timeline
Issue Price
₹610-642 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Linkintime India Private LimitedLead Manager
HDFC Bank Limited,Kotak Mahindra Capital Company LimitedIssue Size
Total 800 Crores Approx : Fresh Issue : ₹627 Crores + OFS : 2,820,000 SharesAether Industries IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 21 | 550.74 | 295.65 | 57.50 | - | - | - |
| 31 Mar 21 | 452.94 | 453.78 | 71.11 | - | - | - |
| 31 Mar 20 | 300.46 | 303.78 | 39.95 | - | - | - |
| 31 Mar 19 | 206.67 | 203.27 | 23.33 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Ashwin Jayantilal Desai, Purnima Ashwin Desai, Rohan Ashwin Desai, Dr. Aman Ashvin Desai, AJD Family Trust, PAD Family Trust, RAD Family Trust, AAD Family Trust and AAD Business Trust
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 96.97% | N/A% |
About Company
Incorporated in 2013, Aether Industries Limited is a manufacturer of speciality chemicals. The company is the sole manufacturer in India of chemicals such as 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 has three business models: Large scale manufacturing of intermediates and speciality chemicals, CRAMS (contract research and manufacturing services) and Contract manufacturing.
Aether Industries has two manufacturing sites at Sachin in Surat, Gujarat. Manufacturing Facility 1 is a 3,500 square metre facility including R&D and Hydrogenation Facilities and Pilot Plant. Manufacturing Facility 2 encompasses roughly 10,500 square metres, with an installed capacity of 6,096 MT per year spread among three buildings and 16 production streams as of September 30, 2021.
As of September 30, 2021, Aether Industries Limited's product portfolio comprised over 22 products which were sold to over 30 global companies in 17 countries and to over 100 domestic companies. The company is the largest manufacturer of 4MEP, T2E, NODG and HEEP products in the world by volume.
Aether Industries IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|
Frequently Asked Questions about Aether Industries IPO IPO
When will Aether Industries IPO open for subscription?
The Aether Industries IPO opens on 24 May, 2022 and closes on 26 May, 2022.
What is the investors portion for Aether Industries IPO?
The investors' portion for QIB is , NII is N/A, and Retail is .
How to apply for Aether Industries IPO?
You can apply for Aether Industries IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Aether Industries IPO?
The issue size of Aether Industries IPO is approx ₹Total 800 Crores Approx : Fresh Issue : ₹627 Crores + OFS : 2,820,000 Shares crores.
What is the price band of Aether Industries IPO?
The price band for Aether Industries IPO is ₹610 to ₹642 per equity share.
What is the lot size of Aether Industries IPO?
The minimum bid (lot size) for Aether Industries IPO is N/A shares with an investment of approx ₹14,766 .
What is the allotment date of Aether Industries IPO?
The allotment date for Aether Industries IPO is 31 May, 2022.
What is the listing date of Aether Industries IPO?
The listing date for Aether Industries IPO is expected to be 3 Jun, 2022.
What is the GMP of Aether Industries IPO?
The latest Grey Market Premium (GMP) for Aether Industries IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.