Aether Industries IPO Date, Lot Size and Price

Aether Industries IPO Details: The IPO is estimated to be worth Rs 808 crore, with a price range of Rs 610-642 per share. Between May 24 and May 26, the Aether Industries IPO is still accessible for subscription. The IPO is expected to raise around Rs 808 crore, with a price range of Rs 610 to 642 per share. According to market experts, Aether Industries Limited shares have also debuted in the grey market. According to market experts, Aether Industries Limited shares are currently available in the grey market at a premium of Rs. 20.

Aether Industries IPO

Aether Industries IPO Details

IPO Opening DateMay 24, 2022
IPO Closing DateMay 26, 2022
Price BandRs. 610 to Rs. 642 per share
Lot Size23 Shares
Issue Size (Rs. Cr.)(To be announced) shares of Rs. 10 (aggregating up to Rs. 808.04 Cr)
Fresh Issue(To be announced) shares of Rs. 10 (aggregating up to Rs. 627.00 Cr)
Offer for Sale2,820,000 shares of ₹10 (aggregating up to Rs. 181.04 Cr)
Face ValueRs. 10 per equity share
Issue TypeBook Built Issue IPO
Exchange BoardBSE, NSE
QIB Shares OfferedNot more than 50% of the Net Offer
Retail Shares OfferedNot less than 35% of the Net Offer
NII (HNI) Shares OfferedNot less than 15% of the Net Offer
Basis of Allotment DateMay 31, 2022
Initiation of RefundsJun 1, 2022
Credit of Shares to Demat AccountJun 2, 2022
Aether Industries IPO Listing DateJun 3, 2022

Aether Industries IPO Date

The company previously stated that its initial public offering (IPO) will begin on May 20 and end on May 24, 2022. Bidding for the anchor investor will begin on May 19, 2022.

Aether Industries IPO Issue Size

The public offering is expected to garner Rs 808.04 crore. Rs 627 crore to be generated through new issues, with the remaining Rs 181.04 crore scheduled to be raised through an offer for sale (OFS).

Aether Industries IPO Price Band

The Aether Industries Limited IPO price band has been set at Rs. 610 to Rs. 642 per equity share by the specialty chemicals firm.

Aether Industries IPO Lot Size

An investor can bid on as little as one lot or as much as 13 lots. A lot will consist of 23 Aether Industries shares. An investor can bid a minimum of Rs 14,766 for one lot and a maximum of Rs 1,91,958 for 13 lots in terms of rupee value.

Aether Industries IPO Allotment Date and Listing Date

The tentative timing for the share allocation announcement is May 31, 2022. The most likely date for the IPO is June 3, 2022.

About Aether Industries Limited IPO

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 sole manufacturer in India.

It claims to be one of India’s fastest-growing speciality chemical firms, with a compound annual growth rate (CAGR) of over 49.5 percent between fiscal years 2019 and 2021.

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 operates two manufacturing facilities in Sachin, Gujarat. Manufacturing 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 approximately 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 domestic companies. By volume, the firm is the world’s largest maker of 4MEP, T2E, NODG, and HEEP products.

Promoters of Aether Industries IPO

The company’s promoters are 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.

Aether Industries IPO FAQs

What is Aether Industries IPO?

The Aether Industries IPO is a main-board offering of (To be announced) equity shares with a face value of Rs.10, with a total value of up to Rs. 808.04 crores. The issue is priced between Rs. 610 and Rs. 642 per share. A minimum order quantity of 23 shares is required.

Aether Industries IPO will begin on May 24, 2022, and end on May 26, 2022.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

When Aether Industries IPO will open?

The Aether Industries IPO opens on May 24, 2022 and closes on May 26, 2022.

What is the lot size of Aether Industries IPO?

Aether Industries IPO lot size is 23 Shares and the minimum order quantity is 23 shares.

How to apply for Aether Industries IPO?

You can apply for the Aether Industries Initial Public Offering (IPO) online utilising UPI or ASBA as a payment option. The ASBA IPO application can be found in your bank account’s net banking. Brokers who do not provide banking services provide the UPI IPO application.

When Aether Industries IPO allotment?

On May 31, 2022, the Basis of Allotment for the Aether Industries IPO will be finalised, and the allotted shares will be credited to your demat account on June 2, 2022.

When is Aether Industries IPO listing date?

The Aether Industries IPO listing date is 3 June 2022. The tentative date of Aether Industries IPO listing is 3 June 2022.

Who is the registrar of Aether Industries IPO?

Link Intime India Private Ltd is the registrar for Aether Industries IPO.

What is Aether Industries IPO Price Band?

Aether Industries IPO price band is Rs. 610 to Rs. 642 per equity share.