Aether Industries IPO Date, Review, Price, Allotment & Analysis

Table of Contents

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

    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
    RevenueExpensePAT
    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

    Aether Industries IPO FAQs

    What is Aether Industries IPO?

    Aether Industries IPO is a main-board IPO. They are going to raise ₹808 Crores via IPO. The issue is priced at 610 to ₹642 per equity share. The IPO is to be listed on BSE & NSE.

    When Aether Industries IPO will open?

    The IPO is to open on May 24, 2022 for QIB, NII, and Retail Investors.

    What is Aether Industries IPO Investors Portion?

    The investors’ portion for QIB-50%, NII-15%, and Retail 35%.

    How to Apply the Aether Industries IPO?

    You can apply Aether Industries IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

    How to Apply the Aether Industries IPO through Zerodha?

    Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Aether Industries”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

    How to Apply the Aether Industries IPO through Upstox?

    Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Aether Industries”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

    How to Apply the Aether Industries IPO through Paytm Money?

    Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Aether Industries”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

    What is Aether Industries IPO Size?

    Aether Industries IPO size is ₹808 crores.

    What is Aether Industries IPO Price Band?

    Aether Industries IPO Price Band is ₹610 to ₹642.

    What is Aether Industries IPO Minimum and Maximum Lot Size?

    The minimum bid is 23 Shares with ₹14,766 amount while the maximum bid is 299 shares with ₹191,958.

    What is the Aether Industries IPO Allotment Date?

    Aether Industries IPO allotment date is May 31, 2022.

    What is the Aether Industries IPO Listing Date?

    Aether Industries IPO listing date is June 03, 2022. The IPO is to list on BSE and NSE.

    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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