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Aether Industries Ltd.

Aether Industries Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹642
₹642
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹642
Based on GMP
Min. Investment
₹14,766
1 lot × 23 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
24 May 2022
Close Date
26 May 2022
Allotment
31 May 2022
Listing Date
03 Jun 2022
Exchange
NSE & BSE
Price Band
₹642
Listing Price
See chart
Allotment Status
Price Band
₹642
Per share
Face Value
₹10 per share
 
Lot Size
23 Shares
per lot
Issue Size
1,25,86,355 shares (aggregating up to ₹808.04 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,766
1 lot
Pre-IPO Holding
11,47,16,318 shares
Promoters
Post-IPO Holding
12,44,82,673 shares
Promoters
P/E (Pre)
72.3x
 
UPI Deadline
2022-05-26
Mandate
Anchor AllotmentMon, 23 May 2022
Basis of AllotmentTue, 31 May 2022
Refund InitiationWed, 01 Jun 2022
Demat CreditThu, 02 Jun 2022
Listing DayFri, 03 Jun 2022
UPI Mandate Deadline2022-05-26
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares97,66,355 shares (aggregating up to ₹627.00 Cr)
Offer for Sale28,20,000 shares of ₹10 (aggregating up to ₹181.04 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Aether Industries Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 26 May 2022.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
12,586,355
100% ₹808.04
IPO Shares Offered
Aether Industries Ltd. IPO total issue size: ₹808.04 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 12,586,355 ₹808.04
100.00%
* Based on upper price band ₹642 per share
Lot Size & Investment
Lot Size
23
Shares per Lot
Issue Price
₹642.00
Upper Band
Min Investment
₹14,766
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)246₹29,532
Retail (Max — 13 Lots)13299₹191,958
S-HNI (Min — 14 Lots)14322₹206,724
B-HNI (Min — 68 Lots)681,564₹1,004,088
* Issue Price ₹642 × Lot Size 23 shares
IPO Schedule
Anchor
23 May 2022
✓ Done
IPO Open
24 May 2022
✓ Done
IPO Close
26 May 2022
✓ Done
Allotment
31 May 2022
✓ Done
Refunds
01 Jun 2022
✓ Done
Demat Credit
02 Jun 2022
✓ Done
Listing Day
03 Jun 2022
✓ Done
Aether Industries Ltd. — Live Price LIVE
₹642.00
INR · BSE
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Issue ₹642.00 Live Price
About Aether Industries Ltd.
Incorporated in 2013, Aether Industries Limited is a manufacturer of speciality chemicals. The company is the sole manufacturer in India of chemicals such as 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.The company has three business models: Large scale manufacturing of intermediates and speciality chemicals, CRAMS (contract research and manufacturing services) and Contract manufacturing.Aether Industries has two manufacturing sites at Sachin in Surat, Gujarat. Manufacturing Facility 1 is a 3,500 square metre facility including R&D and Hydrogenation Facilities and Pilot Plant. Manufacturing Facility 2 encompasses roughly 10,500 square metres, with an installed capacity of 6,096 MT per year spread among three buildings and 16 production streams as of September 30, 2021.As of March 31, 2022, Aether Industries Limited's product portfolio comprised over 25 products which were sold to over 34 global companies in 18 countries and to over 154 domestic companies. The company is the largest manufacturer of 4MEP, T2E, NODG and HEEP products in the world by volume.Competitive StrengthsDifferentiated portfolio of market-leading products.Focus on R&D to leverage the core competencies of chemistry and technology.Long-standing relationships with a diversified customer base.Synergistic Business Models focused on Large Scale Manufacturing, CRAMS and Contract Manufacturing.Focus on Quality, Environment, Health and Safety (QEHS).Strong and consistent financial performance.Experienced Promoters and Senior Management with extensive domain knowledge.
Objects of the Issue
1
1. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company.
2
2. Funding capital expenditure requirements for the manufacturing facility (Proposed Greenfield Project).
3
3. Funding working capital requirements of the Company.
4
4. General corporate purposes.
Aether Industries Ltd. Financials (Amount in Crore)
Revenue from Operations
₹453.8
31-Mar-21
₹303.8
31-Mar-20
₹203.3
31-Mar-19
Profit After Tax (PAT)
₹71.1
31-Mar-21
₹40.0
31-Mar-20
₹23.3
31-Mar-19
Particulars31-Mar-1931-Mar-2031-Mar-21
Revenue from Operations 203.28 303.78 453.79
EBITDA N/A N/A N/A
Profit After Tax (PAT) 23.34 39.96 71.12
Net Worth N/A N/A N/A
Total Assets 206.68 300.47 452.94
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered1,25,86,355 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding11,47,16,318 shares
Post-Issue Promoter Holding12,44,82,673 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
HDFC Bank Ltd.
Kotak Mahindra Capital Co.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Aether Industries Ltd. IPO subscribed?

Aether Industries Ltd. IPO is subscribed 1.00 times by May 26, 2022. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Aether Industries Ltd. IPO retail subscription status?

The Aether Industries Ltd. IPO retail category is subscribed 1.00 times as of 26 May 2022. The retail portion is oversubscribed.

How to subscribe Aether Industries Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 24 May 2022 and closes 26 May 2022. Min investment: ₹14,766 (1 lot = 23 shares). UPI mandate: 2022-05-26.

How many times Aether Industries Ltd. IPO subscribed?

The Aether Industries Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Aether Industries Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 31 May 2022. Refunds: on 01 Jun 2022.

When Aether Industries Ltd. IPO will be listed?

The Aether Industries Ltd. IPO listing date is 03 Jun 2022, Friday. Listed on: NSE & BSE. Issue price: ₹642. Estimated listing: ₹642. GMP: NIL.

When Aether Industries Ltd. IPO close?

The Aether Industries Ltd. IPO closes on 26 May 2022, Thursday. UPI mandate: 2022-05-26. Allotment: 31 May 2022. Listing: 03 Jun 2022.