🏭 Aether Industries IPO: Key Highlights 📈
Aether Industries, a Surat-based specialty chemical manufacturer, launched its IPO in May 2022, drawing strong investor interest. The company produces advanced intermediates and specialty chemicals for sectors like pharma, agrochem, materials, and oil & gas. 📌 IPO Snapshot: • Price Band: ₹610–₹642 per share • Lot Size: 23 shares • Issue Size: ~₹808 crore • Subscription Dates: May 24–26, 2022 • Listing Date: June 3, 2022 💼 Use of Funds: • Debt repayment • Capital expenditure for a new greenfield project • Working capital needs • General corporate purposes 🚀 The IPO received strong demand, showcasing investor confidence in India’s growing specialty chemicals space.
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