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 ₹808 crores via IPO that comprises fresh issue of ₹627 crores and offer for sale up to 2,820,000 equity shares of ₹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. You can check Aether Industries IPO subscription status and Aether Industries IPO allotment status on their respective pages.
Aether Industries IPO Important Details:
- One of the fastest-growing specialty chemical companies in India.
- They have a good presence in India and overseas.
- They have over 30 global customers and 100 domestic customers.
- Their product range supplies to industries like pharmaceutical, agrochemical, material science, coating, high-performance photography, additive, and oil and gas segments of the chemical industry.
- They achieved annual revenues of Rs. 450 crores in 2021.
- In 2021, they launched commercial production of BFA, another signature product.
- The company has over 700 employees as per 2021 data.
Aether Industries IPO Review (Good or Bad)
- Apply
Brokerage Firm IPO Review
- Capital Market: May Apply
- Jainam Broking: Apply
- SMC Global: Neutral
- Ventura Securities: Apply
- Choice Broking: Apply
- Religare Broking: Neutral
- Angel One: Apply
- Axis Capital: Not Rated
- Profitmart Securities: Apply with Medium to Long Term
Aether Industries IPO Date & Price Band
Aether Industries IPO Open: | May 24, 2022 |
Aether Industries IPO Close: | May 26, 2022 |
Aether Industries IPO Size: | Approx ₹808 Crores |
Fresh Issue: | Approx ₹627 Crores |
Offer for Sale: | Approx 2,820,000 Equity Shares |
Face Value: | ₹10 Per Equity Share |
Aether Industries IPO Price Band: | ₹610 to ₹642 Per Share |
Aether Industries IPO Listing on: | BSE & NSE |
Retail Quota: | 35% |
QIB Quota: | 50% |
NII Quota: | 15% |
Discount: | N/A |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |
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.
Minimum Lot Size: | Minimum 23 Shares for 1 lot |
Minimum Amount: | ₹14,766 for 1 lot |
Maximum Lot Size: | Maximum 299 Shares for 13 lot |
Maximum Amount: | ₹191,958 for 13 lot |
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.
Price Band Announcement: | May 19, 2022 |
Anchor Investors Allotment: | May 23, 2022 |
Aether Industries IPO Open Date: | May 24, 2022 |
Aether Industries IPO Close Date: | May 26, 2022 |
Basis of Allotment: | May 31, 2022 |
Refunds: | June 01, 2022 |
Credit to Demat Account: | June 02, 2022 |
Aether Industries IPO Listing Date: | June 03, 2022 |
Aether Industries IPO Form
How to apply for the Aether Industries IPO? You can apply for Aether Industries IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Aether Industries IPO in the Invest section. The other option is you can apply for Aether Industries IPO via IPO forms download via NSE and BSE. Check out the Aether Industries forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
Aether Industries Company Financial Report
₹ in Crores | |||||
Revenue | Expense | PAT | |||
2019 | ₹203 | ₹171 | ₹23.34 | ||
2020 | ₹304 | ₹247 | ₹39.96 | ||
2021 | ₹454 | ₹356 | ₹71.12 | ||
2021 6M | ₹296 | ₹216 | ₹57.51 |
Aether Industries IPO Valuation – FY2021
Check Aether Industries IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
Earning Per Share (EPS): | ₹7.36 per Equity Share |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 40.79% |
Net Asset Value (NAV): | ₹15.69 per Equity Share |
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: [email protected]
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: [email protected]
Website: www.aether.co.in
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Note: The Aether Industries IPO price band and date are officially announced. The IPO grey market premium (Aether Industries IPO Premium) will be added to the IPO grey market page as it will start).
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