Aether Industries Ltd.
Industry:
Chemicals
Issue Details
Open Date
24 May 2022Close Date
26 May 2022Size (in Crs.)
600.668
Size (Shares)
-Listing On
BSE, NSE
Issue Terms
Price Range
-32Lot Size
23
Type
Book building
Face Value
10
Market Lot
1
Objective of the Issue
1. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company.2. Funding capital expenditure requirements for our manufacturing facility (“Proposed Greenfield Project.3. Funding working capital requirements of our Company.4. General corporate purposes.
Description
Aether Industries Limited is a speciality chemical manufacturer in India focused on producing advanced intermediates and speciality chemicals involving complex and differentiated chemistry and technology core competencies. Our 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 our development through Fiscal 2017, we focused on building our tea... Show More
Address
Plot No. 8203 , G I D C, Sachin ,
Surat
394230
Promoter Holding
Promoters:
AAD Business Trust, AJD Family Trust, Aman Ashwin Desai, Ashwin Jayantilal Desai, PAD Family Trust, Purnima Ashwin Desai, RAD Family Trust, Rohan Ashwin Desai
Total Share Capital
111236127
Offered to Public
9356193
% Promoter's Holding (Pre-Issue)
96.97
% Promoter's Holding (Post-Issue)
87.09
Shares on offer
Total Share Offer
111236127
Of above offred to public
9356193
Post Issue shares
NA
Post Issue Promoters
87.09
Lead Managers to the Issue:
HDFC Bank Ltd., Kotak Mahindra Capital Co Ltd
Registrar Details
Registrar Name:
MUFG Intime India Pvt Ltd.
Address
C 101, 247 Park , LBS Marg , Vikhroli (West) , Mumbai
400083
Phone No.
+91 810 811 8484
Website
https://in.mpms.mufg.com/
Fax
91-022-49186060