Aether Industries IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 24 May 2022 - 26 May 2022
Issue Size ₹808.04 Cr
Issue Price ₹610-642
Market Lot 23 Shares
Shares on Offer 2,820,000
Registrar Link Intime
GMP N/A
Kostak N/A
Subject to Sauda N/A
Listing Date 03 Jun 2022
Listing Price N/A
Listing Gain% N/A

About Aether Industries Limited

Aether Industries Limited, based out of Surat (Gujarat, India), focuses on producing advanced intermediates and speciality chemicals involving complex and differentiated chemistry and technology core competencies. Our products find application in the pharmaceutical, agrochemical, material science, coating, high performance photography, additive, and oil and gas segments of the chemical industry.

Their business was started in 2013 with a vision to create a niche in the global chemical industry with a creative approach towards chemistry, technology and systems that would lead to sustainable growth. In the first phase of our development through Fiscal 2017, we focused on building our team and infrastructure and on our R&D centred around building our core competencies. Our revenue generation operations commenced with our second phase in Fiscal 2018. We are one of the fastest growing specialty chemical companies in India, growing at a CAGR of nearly 60% between Fiscal 2018 and Fiscal 2021.

Production capacity of more than 6000 MT is available in our state-of-art and DCS automated manufacturing facilities. Aether is 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. All of our R&D, Pilot Plant, CRAMS, and Large Scale Manufacturing facilities are capable of switching between batch and continuous process technology.

Company 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 and AAD Business Trust are the company promoters.

Company Financials

Particulars 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets (In ₹ Millions) 452.94 300.47 206.68
Total Revenue (In ₹ Millions) 453.79 303.78 203.28
Profit After Tax (PAT) (In ₹ Millions) 71.12 39.96 23.34

Grey Market Premium Updates

Date GMP Kostak Subject to Sauda

Strengths & Weaknesses

Strength
Weakness

Aether Industries Limited IPO Reviews

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Subscription Details

Date & Time QIB NII RII Total
Day 1 - 24 May 2022
Day 2 - 25 May 2022
Day 3 - 26 May 2022

Allotment Status

Please click the link below to check the IPO allotment status.

IPO Allotment Status

Aether Industries Limited IPO FAQs

  1. When will Aether Industries Limited IPO open?

    Aether Industries Limited IPO will open on 24 May 2022 and close on 26 May 2022.

  2. What is the listing date of Aether Industries Limited IPO?

    Aether Industries Limited IPO will list on 03 Jun 2022.

  3. What is the offer price of Aether Industries Limited IPO?

    The offer price of Aether Industries Limited IPO is ₹610-642.

  4. What is the lot size of Aether Industries Limited IPO?

    The lot size of Aether Industries Limited IPO is 23.

  5. What is the Grey Market Premium (GMP) price of Aether Industries Limited IPO?

    The Grey Market Premium (GMP) price of Aether Industries Limited IPO is Not Available at the moment.

  6. What is the Kostak price of Aether Industries Limited IPO?

    The Kostak price of Aether Industries Limited IPO is Not Available at the moment.

  7. What is the Subject to Sauda price for Aether Industries Limited IPO?

    The Subject to Sauda price for Aether Industries Limited IPO is Not Available at the moment.

Aether Industries Limited IPO Review/Comments

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