Aether Industries Limited IPO Allotment Status
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.
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