Aether Industries GMP of IPO, Aether Industries Grey Market Premium Live Update
Aether Industries IPO: Aether Industries IPO GMP (Aether Industries Grey Market Premium), Aether Industries IPO Date, Aether Industries IPO Review, Aether Industries IPO Benefits & Risks. We will update Aether Industries GMP daily. Also, all information related to Aether Industries IPO like price band, all dates, issue size and retail parts etc. All the important information about Aether Industries IPO is given below.
Aether Industries IPO
Ather Industries Limited produces advanced intermediate and specialty chemicals incorporating complex and differentiated chemistry and technology core competencies. The IPO of Aether Industries Ltd is open on 24 May 2022. Aether Industries Ltd Has filed its DRHP (Draft Red Herring Prospectus) with market regulator SEBI (Securities and Exchange Board of India) to raise around Rs 808 crore through IPO (Initial public offering).
Aether Industries IPO will open on 24 May 2022 and close on 26 May 2022. The price band of the Aether Industries IPO is ₹610 to ₹642. Aether Industries Ltd is looking to raise around ₹808 crores through an initial public offering (IPO). Aether Industries IPO QIB quota is 50%, NII quota is 15% and RII quota is 35%. Aether Industries' IPO listing date is 03 June 2022. You can know about Aether Industries Limited IPO GMP (Grey Market Premium) below.
Aether Industries has given good financial performance. The company has made a profit of ₹71.12 crores in the financial year 2021 (31 March 2021). Aether Industries IPO Size is ₹808 crores. In this IPO, approx 2,820,000 equity shares will be sold under OFS (Offer for sale) and approx ₹627 Crores worth of equity shares will be sold under fresh issue. The IPO of Aether Industries will be listed on NSE and BSE. Aether Industries' IPO face value is ₹- per equity share.
We will talk about Aether Industries' financial, benefits, and risks of investing in the company.
Read About
What is Aether Industries IPO GMP Today?
Aether Industries IPO GMP is ₹10.
What is the Aether Industries IPO Date?
Aether Industries IPO Opening date is 24 May 2022.
What is Aether Industries IPO Expected Return?
Aether Industries IPO Expected Returns is approx 5%.
About Aether Industries Limited
Ather Industries Limited was incorporated in the year 2013. Ather Industries Limited, located in Surat (Gujarat, India). The company produces advanced intermediate and specialty chemicals with complex and differentiated chemistry and technology core competencies. The company's products are used in the pharmaceutical, materials science, agrochemical, coating, high-performance photography, additive, and oil and gas sectors of the chemical industry.
In the fiscal year 2017, the company focused on building its team and infrastructure. And then focused on our R&D to build up our core competencies. Ather Industries Limited has emerged as one of the fastest-growing specialty chemical companies in India. The company is growing at a CAGR of around 60% between FY 2018 and FY 2021, which can be gauged from the company's growth.
Ather Industries has state-of-the-art and DCS automated manufacturing facilities with a production capacity of over 6000 MT. The company is also a leading CRAMS (Contract Research and Manufacturing Services) provider and Contract/Exclusive Manufacturing Services provider.
Important Links:
- Aether Industries Website
- Aether Industries DRHP
- Aether Industries RHP
Purpose of the offer
- The company in its offer is offering fresh equity shares worth Rs 757 crore and an offer for sale (OFS) of 2,751,000 equity shares by the promoters.
- To prepay/repay all or a part of the dues raised by the company.
- To meet general corporate objectives.
Aether Industries GMP Today (Grey Market Premium)
[ Aether Industries Ltd GMP of IPO ]
| DATE | GMP | KOSTAK | Subject to Sauda |
|---|---|---|---|
| 02 June | ₹ | ₹ | ₹ |
| 01 June | ₹10 | ₹- | ₹- |
| 31 May | ₹10 | ₹- | ₹- |
| 30 May | ₹10 | ₹- | ₹- |
| 29 May | ₹10 | ₹- | ₹- |
| 28 May | ₹10 | ₹- | ₹- |
| 27 May | ₹10 | ₹- | ₹- |
| 26 May | ₹10 | ₹- | ₹- |
| 25 May | ₹10 | ₹- | ₹- |
| 24 May | ₹10 | ₹- | ₹- |
| 23 May | ₹10 | ₹- | ₹- |
| 22 May | ₹10 | ₹- | ₹- |
| 21 May | ₹40 | ₹- | ₹- |
| 20 May | ₹40 | ₹- | ₹- |
| 19 May | ₹40 | ₹- | ₹- |
| 18 May | ₹- | ₹- | ₹- |
| 17 May | ₹- | ₹- | ₹- |
| 16 May | ₹- | ₹- | ₹- |
👉🏻 Check Other IPO GMP (Grey MarketPremium).
Aether Industries IPO Date and Price Band Details
Aether Industries IPO open date: 24 May 2022, Closing date: 26 May 2022, and Listing date: 03 June 2022. The price band of Aether Industries IPO is ₹610 to ₹642 per share. Aether Industries' IPO issue size is Rs 808 crores. Aether Industries Ipo retails portion is 35%, QIB Portion is 50%, and NII Portion is 15%.
| IPO Open: | 24 May 2022 |
| IPO Close: | 26 May 2022 |
| Listing Date: | 03 June 2022 |
| Listing On: | NSE & BSE |
| IPO Size: | Approx ₹808 Crores |
| Fresh Issue: | Approx ₹627Crores |
| Offer For Sale: | Approx 2,820,000 Eq. Shares |
| Price Band: | ₹610 to ₹642 per share |
| Face Value: | ₹10 per Equity share |
| QIB Portion: | 50% |
| Retail Portion: | 35% |
| NII Portion: | 15% |
| Employee Res: | Not Disclosed |
Aether Industries IPO Market Lot & Size
Aether Industries IPO's minimum lot size is 23 shares with ₹14,766 application amount and the maximum lot size are 299 shares with ₹191,958 application amount.
| Minimum Lot: | 01 |
| Minimum Lot Size: | 23 Shares |
| Minimum Amount: | ₹14,766 |
| Maximum Lot: | 13 |
| Maximum Lot Size: | 299 Shares |
| Maximum Amount: | ₹191,958 |
Aether Industries IPO Allotment & Listing Date
| Ipo Opening Date: | 24 May 2022 |
| IPO Closing Date: | 26 May 2022 |
| Basis of Allotment: | 31 May 2022 |
| Refund Date: | 01 June 2022 |
| Credit to Demat Account: | 02 June 2022 |
| Listing Date: | 03 June 2022 |
Aether Industries IPO Review
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Aether Industries Ipo Review
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Strength
- The company has an experienced management team and directors.
- The company had made a profit of ₹71.12 crores in the financial year 2021.
- The company's products are used in many different fields of the chemical industry such as pharmaceutical, materials science, agrochemical, coating, high-performance photography, oil, and gas, etc.
- Ather Industries has emerged as one of the fastest-growing specialty chemical companies in India.
- Ather Industries has state-of-the-art and DCS automated manufacturing facilities with a production capacity of over 6000 MT.
- The company is also a leading CRAMS (Contract Research and Manufacturing Services) provider and an exclusive manufacturing services provider.
Risks
- The impact of the COVID-19 pandemic on Ather Industries is still unknown.
- Most of the company's revenue comes from a few customers.
- The company's business depends on its production facilities, so a big question is whether the company is able to expand its production facilities or not.
- The company needs to do more R&D to grow continuously.
Aether Industries Financials
Aether Industries Financials(in Crores)
| Year | Total Assets | Revenue | Profit |
|---|---|---|---|
| 31 Mar 19 | ₹206.67 | ₹203.28 | ₹23.33 |
| 31 Mar 20 | ₹300.47 | ₹303.78 | ₹39.96 |
| 31 Mar 21 | ₹452.94 | ₹453.79 | ₹71.12 |
| 31 Sep 20 | ₹550.74 | ₹295.65 | ₹57.51 |
Promoters
The promoters of the company are:
- Ashwin Jayantilal Desai
- Rohan Ashwin Desai
- Dr. Aman Ashvin Desai
- Purnima Ashwin Desai
- AAD Business Trust
- AJD Family Trust
- PAD Family Trust
- RAD Family Trust
- AAD Family Trust
Contact Details of Aether Industries
Aether Industries Limited
Plot No. 8203,
GIDC, Sachin, Surat
394230, Gujarat,
Tel: +91 261 660 3360
E-mail: compliance@aether.co.in
Website: www.aether.co.in
Aether Industries Lead Managers
- HDFC Bank Limited
- Kotak Mahindra Capital Company Limited
Aether Industries IPO Registrars
Link Intime India Private Limited
C 101, 1st Floor, 247 Park
L.B.S. Marg,
Vikhroli (West), Mumbai 400 083
Maharashtra, India
Telephone: +91 22491 86200
E-mail: aether.ipo@linkintime.co.in
Website: www.linkintime.co.in
Conclusion
Looking at Ather Industries Limited's financial position, the company's financial track record has been excellent. The company has made a profit of ₹71.12 crores in the financial year 2021. A big question is whether the company will continue to be profitable in the years to come. Our suggestion is that you can apply for small listing gains & as well as long-term. Ather Industries Limited's financial statements and other information are given above.
Aether Industries IPO FAQs
What is Aether Industries IPO GMP Today?
Aether Industries IPO GMP is ₹40 as of today.
What is Aether Industries IPO Opening Date?
Aether Industries IPO Opening date is 24 May 2022.
What is the Aether Industries IPO Closing Date?
Aether Industries IPO Closing date is 26 May 2022.
What is the Aether Industries IPO Allotment date?
Aether Industries IPO Allotment Date is 31 May 2022.
What is Aether Industries IPO Listing Date?
Aether Industries IPO Date is 03 June 2022.
What is Aether Industries IPO Kostak Rate?
Aether Industries IPO Kostak rate is ₹-.
What is Aether Industries IPO Expected Returns?
Aether Industries IPO Expected Returns is -%.
Read More:
For other important information related to the stock market and Grey Market Premium, Costak rate, you can click on the links given below.
How to Apply the Aether Industries IPO with Zerodha?
1. Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO.
2. If you are a Desktop user then Log in to Console on Zerodha Website. Go to Portfolio and Click on IPO.
3. You will see the IPO name "Aether Industries Ltd".
4. Then, Click on Bid Button.
5. Then, Enter your UPI ID.
6. Then, Fill in Quantity and Price. (we recommend, that you should choose the cutoff price.)
7. Then Submit the IPO Application Form.
8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
7. Then Submit the IPO Application Form.
8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
We hope you like this article about Aether Industries IPO. If you have a query about Aether Industries IPO Please post a comment.
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