Aether Industries Limited

Aether Industries Limited

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₹14,766(23 Shares)

Minimum Investment

IPO Dates

May 24, 2022 – May 26, 2022

Price Band

₹610–642 per equity share

Lot Size

23

Listing

Jun 3, 2022

Listing At

BSE, NSE

May 24, 2022Open DateCompleted
May 26, 2022Close DateCompleted
TBAAllotment DateUpcoming
Jun 3, 2022Listing DateCompleted

Aether Industries Limited Live Subscription Details

All IPOs
QIB17.57x
Employee1.06x
Retail1.14x
NIIs
2.52x

Overall Subscription

Total Bids Received

6.26x

Aether Industries Limited IPO Issue Details

Issue Price
₹610-642 Per Equity Share
Face Value
₹10 Per Equity Share
Listing At
BSE, NSE
Listing Date
Jun 3, 2022

Company Information

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-Methox...

Valuations

RoNW

40.79%

Financial Information (₹ in Crores)

MetricFY 21FY 21FY 20FY 19
Total Assets550.74452.94300.46206.67
Total Revenue295.65453.78303.78203.27
Profit After Tax57.571.1139.9523.33
Net Worth

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company.
  2. 2Funding capital expenditure requirements for the manufacturing facility (Proposed Greenfield Project).
  3. 3Funding working capital requirements of the Company.
  4. 4General corporate purposes.

Aether Industries Limited – Promoter(s)

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

Contact Details

Aether Industries Limited IPO Documents

Frequently Asked Questions — Aether Industries Limited IPO

The Aether Industries Limited IPO price band is set at ₹610.00 to ₹642.00 per equity share.

The lot size for Aether Industries Limited IPO is 23 shares per lot. The minimum investment amount is approximately ₹14,766.

The Aether Industries Limited IPO opens on May 24, 2022 and closes on May 26, 2022.

Aether Industries Limited IPO is expected to be listed on Jun 3, 2022 on BSE, NSE.

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