Product Note – Aether Industries Ltd IPO
| Issue Open | May 24, 2022 |
| Issue Close | May 26, 2022 |
| Price Band | 610-642 |
| Face Value | Rs. 10 Per Equity |
| Lot Size | 23 |
IPO Issue Details
| Issue Size | * Cr |
| QIB | 50% of Net Offer |
| NII | 15% of Net Offer |
| Retail | 35% of Net Offer |
| Listing | BSE & NSE |
| Registrar | LINK Intime |
About Company
Aether Industries Limited, speciality chemical manufacturer in India, focused on producing advanced intermediates and specialty chemicals involving complex and differentiated chemistry and technology core competencies.
The 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, it focused on building its team and infrastructure and on its R&D center around building its core competencies. The company focused on the core competencies model of chemistry and technology.
Aether Industries Subscription Update:
| Category | Subscription (times) |
|---|---|
| QIB | 17.57 |
| NII | 2.52 |
| Retail | 1.14 |
| Employee | 1.06 |
| Total | 6.26 |
Aether Industries Retail Price Chart
| Lot | No of Share | Amt @cutoff |
|---|---|---|
| 1 | 23 | 14,766 |
| 2 | 46 | 29,532 |
| 3 | 69 | 44,298 |
| 4 | 92 | 59,064 |
| 5 | 115 | 73,830 |
| 6 | 138 | 88,596 |
| 7 | 161 | 103,362 |
| 8 | 184 | 118,128 |
| 9 | 207 | 132,894 |
| 10 | 230 | 147,660 |
| 11 | 253 | 162,426 |
| 12 | 276 | 177,192 |
| 13 | 299 | 191,958 |
