ProductsPricingResearchSupportPartner

-- / --

IPO Details

Issue Date

--

Investment/lot

--

Price Range

610 - 642

Lot Size

--

IPO Size

₹ 808.04 cr

IPO Listing Details

Listing On

--

Issue Price

642

Listed Price

₹ 610

Retail Gain/Listing Gain

--

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.

The company’s 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 company’s development through Fiscal 2017, the company focused on building its team and infrastructure and on its R&D centered on building the company’s core competencies. The company’s revenue generation operations commenced with its second phase in Fiscal 2017. The company 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 (Source: F&S Report, May 2022).

The company has three business models under which it operates: (i) large scale manufacturing of its own intermediates and speciality chemicals; (ii) contract research and manufacturing services (“CRAMS”) and (iii) contract/exclusive manufacturing.

Aether Industries is among the few Indian specialty chemical companies to have successfully launched these three separate business models in just 5 years into commercial manufacturing (Source: F&S Report, May 2022).

As of March 31, 2022, the company’s product portfolio comprised over 25 products. According to Frost & Sullivan, in CY2020, the company is sole manufacturer in India of 4MEP, MMBC, T2E, OTBN, NODG, DVL and Bifenthrin Alcohol, and it is the largest manufacturers in the world by volume for 4MEP, T2E, NODG and HEEP. (Source: F&S Report, May 2022).

Read More
Differentiated Portfolio of Market-Leading Products
Read More
Focus on R&D to Leverage its Core Competencies of Chemistry and Technology
Read More
Long Standing Relationships with a Diversified Customer Base:
Read More
Synergistic Business Models Focused on Large Scale Manufacturing, CRAMS and Contract Manufacturing
Read More
Experienced Promoters and Senior Management with Extensive Domain Knowledge
Read More

Here are a few strategies Aether Industries Limited has for its business:

  • Leverage its strong position in the speciality chemicals industry to capitalize on industry opportunities
  • Expand its product portfolio and diversify into additional business segments
  • Expand manufacturing, R&D, and pilot plant capacities
  • Continue to strengthen its presence in India and expand sales and distribution network in the international markets
  • Continue to focus on contract manufacturing / exclusive manufacturing by developing innovative processes and value engineering

And finally here’s a look at key financials of Aether Industries Limited

Particulars (in Rs. million)

Particulars (in Rs. million)

What are you looking for?
Applying for an IPO for the first time?
Here's a video playlist to help you invest in the upcoming Aether Industries Limited IPO
How to apply for IPO through ASBA

How to apply for IPO through ASBA

Kotak Securities

00m 58s

Aether Industries Limited IPO FAQs

The price band of Aether Industries Limited IPO is ₹610 to ₹642.

The Aether Industries Limited IPO has an issue size of Rs. 808.04 crore. The IPO opens for subscription on 24th May 2022, and ends on 26th May, 2022.

The allotment dates are on or around 31st May, 2022.

Link Intime India Private Limited is the registrar for this IPO.

The dates are yet to be decided.

You can read more about Aether Industries Limited and its IPO from the company’s red herring prospectus (RHP) here.

Open Demat Account to Invest in any IPO
+91 -

personImage
Open Demat Account to Invest in any IPO
+91 -