Aether Industries Limited IPO Review
Aether Industries Limited IPO Overview
Aether Industries Limited is a maker of specialty chemicals that was founded in 2013. 4-(2-Methoxyethyl) Phenol (4MEP), 3-Methoxy-2-Methylbenzoyl Chloride (MMBC), Thiophene-2-Ethanol (T2E), Ortho Tolyl Benzo Nitrile (OTBN), N-Octyl-D-Glucamine, Delta-Valerolactone, and Bifenthrin Alcohol are among the compounds for which the business is the exclusive manufacturer in India
Large-scale manufacture of intermediates and specialty chemicals, CRAMS (contract research and manufacturing services), and contract manufacturing are the company’s three business types.
Aether Industries has two manufacturing facilities in Sachin, Gujarat. Production Facility 1 is a 3,500 square metre complex that includes R&D, Hydrogenation, and a Pilot Plant. As of September 30, 2021, Manufacturing Facility 2 covers about 10,500 square metres and has an installed capacity of 6,096 MT per year split over three buildings and 16 production streams.
Aether Industries Limited has over 25 goods in its product range as of March 31, 2022, which were sold to over 34 worldwide firms in 18 countries and over 154 local companies. By volume, the firm is the world’s largest maker of 4MEP, T2E, NODG, and HEEP products.
Aether Industries Limited IPO Details
Aether Industries IPO Date | May 24, 2022 to May 26, 2022 |
Aether Industries IPO Face Value | ₹10 per share |
Aether Industries IPO Price | ₹610 to ₹642 per share |
Aether Industries IPO Lot Size | 23 Shares |
Issue Size | [.] shares of ₹10 (aggregating up to ₹808.04 Cr) |
Fresh Issue | [.] shares of ₹10 (aggregating up to ₹627.00 Cr) |
Offer for Sale | 2,820,000 shares of ₹10 (aggregating up to ₹181.04 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
QIB Shares Offered | Not more than 50% of the Net Offer |
Retail Shares Offered | Not less than 35% of the Net Offer |
NII (HNI) Shares Offered | Not less than 15% of the Net Offer |
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. |
Aether Industries Limited IPO Financial Performance
Particulars | For the year/period ended (₹ in Million) | |
31-Dec-21 | 31-Dec-20 | |
Total Assets | 7,095.61 | 4,000.95 |
Total Revenue | 4,493.15 | 3,373.41 |
Profit After Tax | 829.06 | 482.54 |
Particulars | For the year/period ended (₹ in Million) | ||
31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
Total Assets | 4,529.44 | 3,004.67 | 2,066.75 |
Total Revenue | 4,537.89 | 3,037.81 | 2,032.77 |
Profit After Tax | 711.19 | 399.56 | 233.35 |
Aether Industries Limited IPO Key Ratios
|
| FY2020 |
EPS | 2.48 | 4.24 |
PE ratio | – | – |
RONW (%) | 60.54 | 51.04 |
ROCE (%) | 25.16 | 26.07 |
EBITDA (%) | 23.61 | 23.78 |
Debt/Equity | 3.27 | 2.18 |
NAV | – | – |
| FY2021 | 9M FY2022 |
EPS | 7.36 | 7.45 |
PE ratio | 82.88 – 87.23 | 61.41 – 64.63* |
RONW (%) | 40.79 | 23.01 |
ROCE (%) | 28.50 | 21.72 |
EBITDA (%) | 24.93 | 28.47 |
Debt/Equity | 1.19 | 0.65 |
NAV | 15.69 | 31.97 |
Aether Industries Limited IPO GMP Trend
GMP (₹) | Subject to Rates | IPO Price | Estimated Listing Price |
15 | No Trade | 642 | 657 (2.34%) |
Listing Performance of Aether Industries Limited IPO
Listed On : NSE BSE
Issue Price : ₹610 to ₹642 per share
Listing Day Close :
Listing Day Gain :
Aether Industries Limited IPO GMP Trend
NSE : NA
ISIN CODE : INE0BWX01014
BSE : NA
Aether Industries Limited IPO Allotment Status
Aether Industries Limited IPO Brokers Reviews & Rating
Axis Capital – Not Rated
Capital Market – May apply
Choice Equity Broking Pvt Ltd – Apply
Dilip Davda – May apply
Jainam Broking limited – Apply
SMC Global – Neutral
Ventura Securities Limited – Apply
Aether Industries Limited IPOImportant Dates
Event | Date |
Aether Industries IPO Opening Date | May 24, 2022 |
Aether Industries IPO Closing Date | May 26, 2022 |
Basis of Allotment | May 31, 2022 |
Initiation of Refunds | Jun 1, 2022 |
Credit of Shares to Demat | Jun 2, 2022 |
Aether Industries IPO Listing Date | Jun 3, 2022 |
Aether Industries Limited IPO Contact Details
Plot No. 8203,
GIDC, Sachin,
Surat- 394230
Phone: +91 261 660 3360
Email: compliance@aether.co.in
Website: https://aether.co.in/
Aether Industries Limited IPO Registrar Contact Details
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: aether.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Aether Industries Limited IPO Subscription Details
Date | QIB | NII | Retail | EMP | Total |
Day 1 May 24, 2022 | 0.00 | 0.01 | 0.22 | 0.01 | 0.11 |
Aether Industries Limited IPO FAQ's
The Aether Industries Limited IPO is a BSE NSE IPO of [.] shares of ₹10 (aggregating up to ₹808.04 Cr). The issue is priced at ₹610 to ₹642 per share.
The issue size is priced at [.] shares of ₹10 (aggregating up to ₹808.04 Cr).
The fresh issue size is priced at [.] shares of ₹10 (aggregating up to ₹627.00 Cr).
The initial public offering (IPO) begins on May 24, 2022 and ends on May 26, 2022.
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and NSE.
The Aether Industries Limited IPO opens on May 24, 2022 and closes on May 26, 2022. The IPO Issue date may list on June 3, 2022.
Aether Industries Limited IPO Market lot size is 23 Shares and the minimum order quantity is 23 Shares.
The finalisation of Basis of Allotment for Aether Industries Limited IPO will be done on May 31, 2022. and the allotted shares will be credited to your demat account by June 2, 2022. Check the Aether Industries Limited IPO status.
The Aether Industries Limited IPO listing date is on June 3, 2022.
Aether Industries Limited IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
Aether Industries Limited IPO Comments
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