
Chemicals & Materials · NSE / BSE
Incorporated in 2013, Aether Industries Limited is a specialty chemicals manufacturer and the sole Indian producer of chemicals including 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 operates across three business models: large-scale manufacturing of intermediates and specialty chemicals, CRAMS (contract research and manufacturing services), and contract manufacturing. It has two manufacturing facilities in Sachin, Surat, Gujarat, with Facility 1 spanning 3,500 sq. metres including R&D, hydrogenation, and pilot plant capabilities, and Facility 2 covering roughly 10,500 sq. metres with an installed capacity of 6,096 MT per year across three buildings and 16 production streams. As of March 31, 2022, Aether Industries offered over 25 products to more than 34 global companies in 18 countries and 154 domestic companies, and is the world’s largest producer by volume of 4MEP, T2E, NODG, and HEEP products.
Price Band
₹610 – ₹642
Issue Size
₹808 Cr
Lot Size
23 shares
GMP
Est. Listing
₹642
at current GMP
Subscribed
6.26x
overall
Open
24 May 2022
Close
26 May 2022
Allotment
31 May 2022
Refund
1 Jun 2022
Demat Credit
2 Jun 2022
Listing
3 Jun 2022
Designated Registrar: Link Intime India Private Limited
Allotment Date
31 May 2022
Basis finalization
Refunds Initiate
1 Jun 2022
Mandate release
Demat Credit
2 Jun 2022
Shares in demat
Listing Debut
3 Jun 2022
Trading begins
Aether Industries Limited is bringing an initial public offering (IPO) in the Chemicals & Materials sector with an aggregate issue size of ₹808.04 Crores. The shares are offered at a price band of ₹610 to ₹642 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2022-05-26, the basis of allotment is scheduled to be finalized on 2022-05-31. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.