
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
Overall Subscription
6.26x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 6,293,146 | — | 0.00x |
| Non-Institutional (NII / HNI) | 1,887,944 | — | 0.00x |
| Retail Individual (RII) | 4,405,202 | — | 0.00x |
| Total | 12,586,292 | 0 | 6.26x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 191,531 | 1,198,984 | 6.26x |
| HNIs (10L +) | 1,225 | 7,669 | 6.26x |
| HNIs (2-10L) | 5,863 | 36,702 | 6.26x |
| Total Applications | 198,619 | 1,243,355 | 6.26x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Currently, Aether Industries Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹610 to ₹642 per equity share.
The retail lot size is 23 shares requiring a minimum application amount of ₹14,766. Expected listing price is ₹642 per equity share.
The Aether Industries Limited IPO aggregate issue size is ₹808.04 Crores with an equity price band set at ₹610 to ₹642 per equity share. The retail lot size is 23 shares requiring a minimum capital outlay of approx. ₹14,766.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 6.26x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2022-05-31. Investors can verify status using PAN card or application number.
Aether Industries Limited shares are scheduled to list on NSE and BSE on 2022-06-03.