Aether Industries Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹610 - ₹642
- Lot size
- 23 shares
- Issue amount
- ₹808.04 cr
- Total subscription
- 6.26×
- Opens
- 24 May 2022
- Closes
- 26 May 2022
- Allotment
- 31 May 2022
- Listing
- 3 Jun 2022
Offer at a glance
Issue overview
- Issue size
- 1,25,86,355 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹14,030
- Fresh issue
- ₹627 cr
- Offer for sale
- ₹181.04 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,766
- Issue type
- Bookbuilding IPO
- Shares before issue
- 11,47,16,318
- Shares after issue
- 12,44,82,673
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 23 | ₹14,766 |
| sHNI | 67 | 1,541 | ₹9,89,322 |
| bHNI | 68 | 1,564 | ₹10,04,088 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Company information
Company profile
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.
Promoters
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
AAD Business Trust
Registrar & documents
Lead manager
HDFC Bank Limited, Kotak Mahindra Capital Company
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot No. 8203, GIDC, Sachin, Surat- 394230
+91 261 660 3360
[email protected]Company website ↗Understanding AETHER IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.