Everything You Need to Know About the Aether Industries IPO

Aether Industries Limited is a manufacturer of speciality chemicals that have applications in various industries such as pharmaceutical, agrochemicals, material science, coatings, high-performance photography, additives, and oil & gas segments of the chemicals industry.

The company operates on three business models: large-scale manufacturing of intermediates and speciality chemicals, contract research and manufacturing services (CRAMS), and contract manufacturing. As of March 31, 2022, Aether Industries’ had a product portfolio comprising over 25 products, sold to over 34 companies in 18 countries and to over 154 domestic companies.

The public offer of Aether Industries comprises a fresh issue of equity shares aggregating up to Rs. 627 crores and an offer for sale of 28.2 lakh equity shares from selling shareholders.

Financial Snapshot

Financial Year Ended Revenue (₹ Crores) PAT (₹ Crores) EPS (₹)
March 2019 203.28 23.34 2.48
March 2020 303.78 39.96 4.24
March 2021 453.79 71.12 7.36
Period ended December 31, 2020 337.34 48.25 5.12
Period ended December 31, 2021 449.32 82.91 7.45

For more information, you can check the IPO Prospectus filed by the company.

IPO Details

Issue Period 24th May 2022 to 26th May 2022
Price Range Rs. 610 - 642
Minimum Bid Quantity 23 and in multiples thereof
Finalization of Allotment 31st May 2022
Initiation of Refunds 1st June 2022
Credit of Shares 2nd June 2022
Date of Listing 3rd June 2022
Mandate end date 11th June 2022
Anchor Investors Lock-in End Date 25th June 2022

How do I apply to the Aether Industries Limited IPO?

You can apply for the Aether Industries Limited IPO using any supported UPI app by following two steps:

  • Enter your bid on Console
  • Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.

Where do I check the allotment status for Aether Industries Limited IPO?

You can check the allotment status for the Aether Industries Limited IPO on the website of the Registrar and Transfer agent.

Alternatively, you can also check the allotment status on the NSE website.