Aether Industries IPO details
Company All Details
Founded
2012
Managing Director
Managing Director of The Company, Ashwin Jayantilal Desai.
Company Promoters:
Promoters of the Company, 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.
About the company.
Aether Industries Limited (“Company”) was incorporated on January 23, 2013, at Surat, Gujarat, India as a public limited company under the Companies Act, 1956 and received the certificate for commencement of business from RoC on March 18, 2013. For details of the change in the registered office of our Company, please see the section entitled “History and Certain Corporate Matters” on page 172.
Aether Industries Limited is a speciality chemical manufacturer in India focused on producing advanced intermediates and speciality chemicals involving complex and differentiated chemistry and technology core competencies. Its 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 the development through Fiscal 2017, it focused on building the team and infrastructure and on its R&D centred around building its core competencies. Its revenue generation operations commenced with its second phase in Fiscal 2017. It is one of the fastest growing specialty chemical companies in India, growing at a CAGR of nearly 49.5% between Fiscal 2019 and Fiscal 2021.
Objects Of The Offer:
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company;
- Funding capital expenditure requirements for our manufacturing facility.
- Funding working capital requirements of the Company; and
- General corporate purposes.
Aether Industries Limited IPO Details:
Issue Amount : Upto Rs 808 Cr.
Total shares on offer : Upto #2,751,000 Equity Shares
Face Value : ₹10 per share
Price Band : ₹610 to ₹642
Lot Size : 23 shares
IPO Registrar : Link Intime India Pvt. Ltd.
Aether Industries Limited IPO Timeline, IPO Open Date, Listing Date, Refund Date
| IPO Open Date | 24 May 2022 |
| IPO Close Date | 26 May 2022 |
| Time | 10 AM to 5 PM |
| Basis of Allotment Date | 31 May 2022 |
| Initiation of Refunds | 01 Jun 2022 |
| Credit of Shares to Demat Account | 02 Jun 2022 |
| IPO Listing Date (Trading commence) NSE & BSE | 03 Jun 2022 |
Offer Breakup
| Category | Allocation |
|---|---|
| Qualify Institutional Bidders (QIB) | 50% |
| Non Institutional Byers (NIB) | 15% |
| Retail Individual Investor (RII) | 35% |
| Employee | – |
Important Financial Data:
For the year/period ended (₹ in Crore) Last Three Year
| Particulars (in ₹ Crore) | As at March 31, 2021 | As at March 31, 2020 | As at March 31, 2019 |
|---|---|---|---|
| Total Assets | 453 | 300 | 207 |
| Total Revenue | 454 | 304 | 203 |
| Net Profit & Loss for the period | 71 | 40 | 23 |
Prospectus Document:
Download RHP File
Download DRHP File
Aether Industries Limited IPO?
Issue Amount : Upto Rs 808 Cr.
What is Aether Industries Limited IPO?
Aether Limited 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.
Aether Industries Limited IPO Open?
24 May 2022 to 26 May 2022.
Aether Industries Limited IPO Will open?
The IPO is to open on 24 May 2022 for QIB, NII, and Retail Investors.
Company Address
Registered and Corporate Office: 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: compliance@aether.co.in;
Website: www.aether.co.in
Corporate Identity Number: U24100GJ2013PLC073434
Aether Industries Limited IPO Registrar
LINK INTIME 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: aether.ipo@linkintime.co.in
Website: www.linkintime.co.in
Investor grievance e-mail: aether.ipo@linkintime.co.in
Contact person: Shanti Gopalkrishnan
SEBI registration number: INR000004058
How to apply on Zerodha, Aether Industries Limited IPO through Zerodha?
Zerodha customers can apply online in Tarsons Products IPO using UPI as a payment gateway. Zerodha customers can apply in Aether Industries Limited IPO by login into Zerodha Console (back office) and Select an I.P.O application form.
Steps to apply in Aether Industries Limited IPO through Zerodha.
1. Visit the Zerodha website or Kite App and login to Zerodha.
2. Go to Console area and click the IPOs link.
3. Go to the ‘Aether Industries Limited IPO’ row and click the ‘Bid’ button.
4. Enter your UPI ID, Quantity, and Price.
5. ‘Submit’ IPO application form.
6. After Successfully submitting application, Visit the UPI App and approve the mandate (Enter your UPI pin & pay the ipo amount)
7. IPO application is complete you can chek status on zerodha console.
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