Aether Industries IPO Allotment Status: Aether Industries Limited is a company that has been around since 2013 and makes chemicals. The company is the only one in India that makes chemicals like 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 has three business models: large-scale production of intermediates and specialty chemicals, CRAMS (contract research and manufacturing services), and contract manufacturing.
At Sachin, in the city of Surat, Gujarat, Aether Industries has two places where they make things. The R&D and hydrogenation facilities and pilot plant at Manufacturing Facility 1 are spread out over 3,500 square meters. As of September 30, 2021, Manufacturing Facility 2 has an installed capacity of 6,096 MT per year, which is spread across three buildings and 16 production streams. It is about 10,500 square meters in size.
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Aether Industries IPO Allotment Status
Specialty chemicals company Aether Industries’ initial public offering (IPO) was bought 6.26 times over on the last day of subscription. This was helped by a lot of interest from institutional buyers. There were 93,56,193 shares for sale, but only 5,85,34,586 shares were bid on.
The basis of share allotment for Aether Industries’ IPO is expected to be finalized on May 31, 2022. If shares are allotted, they will be credited to bidders’ Demat accounts on June 2, 2022. Link Intime India Private Ltd is the registrar for this IPO. You can check the allotment application on its website here or on the BSE website here.
Aether Industries Limited IPO: Highlights
Name of the Company | Aether Industries Limited |
Name of the Registrar | Link Intime India Private Ltd |
Face value of the IPO | 10 rupees per share |
Aether IPO Price | Rs. 610 to 642 per share |
Shared Offered for sale | 28,20,000 shares of 10 rupees |
Lot Size of the IPO | 23 shares |
Type of the Issue | Book Built Issue |
Price Listing At | BSE, NSE |
Basis of Allotment | 31st May 2022 |
Official Portal of the company | https://aether.co.in/ |
Official portal of the registrar | https://linkintime.co.in/ |
aether.co.in IPO Allotment: Important Dates
Events | Schedule |
Commencement of IPO | 24 May 2022 |
Closing date of the IPO | 26 May 2022 |
Finalisation of Basis of allotment | 31 May 2022 |
Commencement of Refund Process | 1 June 2022 |
Credit of Shares to Demat Account | 2 June 2022 |
IPO Price Listing Date | 3 June 2022 |
Aether Limited IPO Subscription Status
On May 26, 2022, 6.26 times as many people signed up for the company’s IPO. The IPO was bought 17.57 times by qualified institutional buyers. We’ve made a table below that you can use to see how many people have signed up from each of the following groups:
Category | Subscription |
Qualified Institutional Buyers | 17.57 times |
Retail Individual Investors | 1.14 times |
Non-Individual Buyers | 2.52 times |
Employee | 1.06 times |
Total | 6.26 times |
Aether Industries Ltd IPO GMP
The IPO for Aether Industries will start on May 24, 2022. The company plans to raise 808 crores through an initial public offering (IPO). This includes a new issue of 627 crores and an offer to sell up to 2,820,000 equity shares from the company’s founders. Aether Industries makes specialty chemicals. Its main focus is on making advanced intermediates and specialty chemicals that require complex and different chemistry and technology skills. In 2021, the company made 454 crores, which was more than the 304 crores it made in 2020. The price range for the IPO is set at between 610 and 642 per equity share. NSE and BSE will both list the Aether Industries IPO.
How to check Aether Industries IPO Allotment Status?
Applicants who want to check the status of their allotment online should go here. Here are the steps that will make it easy for you to check your allotment:
- First, go to the Link Intime website, which can be found at https://linkintime.co.in/.
- And the device will be open to the website’s home page.
- Scroll down and click the “Public Issues” link.
- Now there will be a new page on the screen.
- There, you’ll have to choose the business.
- Now pick the option you want to use to check the allotment (PAN, Account No., etc.)
- Then, based on what you chose in the last step, fill in the necessary information.
- Check the information you entered one more time and then send it.
- The allotment status of the company’s IPO will show up on the screen in a few seconds.
Aether Industries IPO Listing Price
Everyone will be looking at the listing price after the Aether IPO basis of allotment. The prices will be listed on the BSE and the National Stock Exchange. All the people who want to buy the share will want to know how much it will be listed for. Right now, we don’t know much about it, but on June 3, 2022, you’ll be able to find out more. By looking at the GMP, we were able to come up with an estimate of the listing price. So, the IPO is likely to start at a price of $667.
Allotment Status Link | Click Here |
NVSC Homepage | Click Here |