247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Aether Industries Limited IPO (Aether Industries IPO) Details

Aether Industries Limited is an Chemical - Speciality based company, located in Surat, Aether Industries Limited IPO size was 808.04 Cr. and was issued at 642.00 per share. The share of Aether Industries Limited were listed at 776.75 per share and are currently trading at 885.10 per share.

Type :
Sub Sector : Speciality Chemical Business.
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
449.32 Cr.

PAT :
82.91 Cr.

Pricing Report

Issue Price :
642.00

Listing Price :
776.75

Current Market Price :
885.10

Issue Price vs CMP :
243.1 (37.87%)

listing Price vs CMP :
108.35 (13.95%)

Performance Report (CAGR* wise)

CAGR : 12.94
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Aether Industries

Company Information
Aether Industries Limited is a specialty chemical manufacturer based in India, established in 2013 with a vision to create a niche in the global chemical industry through innovative chemistry, technology, and systems for sustainable growth. Initially, the company focused on building its team, infrastructure, and R&D capabilities. It commenced revenue generation in Fiscal 2017, marking its second phase of development. The company has become one of the fastest-growing specialty chemical companies in India, with a compound annual growth rate (CAGR) of nearly 49.5% between Fiscal 2019 and Fiscal 2021. Aether Industries distinguishes itself by utilizing eight core chemistry competencies across its wide array of products, enabling it to cater to advanced intermediates and niche requirements for various end-products and applications. These competencies, developed in-house, form
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Object of Issue
  • Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company
  • Funding capital expenditure requirements for the manufacturing facility (Proposed Greenfield Project
  • Funding working capital requirements of the Company
  • General Corporate Purposes

Aether Industries MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Jun, 2022
IPO Size :
808.04 Cr.
Market Cap :
7991.79 Cr.   
IPO Subscription :
6.26 X     
PE Multiple :
72.30
Merchant Banker :
Hdfc Bank Limited
IPO Registrar:
Link Intime India Private Limited

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See Other MainBoard IPOs in Surat

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Peer Companies Of This Sector

FAQs

Aether Industries operates in Chemical - Speciality and Speciality Chemical Business.. The Issue is listed on MainBoard in Jun, 2022. Aether Industries IPO size was 808.04 Cr. with Issue price of 642.00 .

Merchant Banker(s) of Aether Industries IPO: Hdfc Bank Limited , Kotak Mahindra Capital Company Limited

Aether Industries IPO subscription was 6.26 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Aether Industries IPO listed at a listing price of 776.75 against the offer price of 642.00.

The current market price of Aether Industries is 885.10.

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