Aether Industries Ltd. IPO

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.

RHP
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DRHP
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Open Date

2022-05-24

Close Date

2022-05-26

IPO Details

Check out the issue details for Aether Industries Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 642

Price Band

₹ 610 - 642

Issue Size

808.4 Cr.

Issue Type

Book Built

Open

2022-05-24

Close

2022-05-26

Listingprice

₹ 704

ListingGain

9.66%

Listing Date

2022-06-03

CMP

₹ 847.3

Current Return

31.98%

Company Financials

You can get the following financial statements of Aether Industries Ltd. as of now.

Subscription Details

The details about the Aether Industries IPO is as:

  • The issue size of the IPO is 808.4 Cr.
  • The price band for Aether Industries IPO is Rs 610 - 642.
  • The shares of Aether Industries IPO will list on 3rd June 2022.
  • The latest tentative GMP of Aether Industries IPO is Rs 10.
  • The shares of Aether Industries IPO is subscribed 6.26 Times as of 26th May 2022.

Aether Industries IPO Valuation

The approx valuation of Aether Industries IPO based on its price band and RHP/DRHP (prospectus) is:

Particulars Value
Upper Price Band Rs 642
Existing Shares (Qty) 11.47 Cr
Fresh Issue 627 Cr
Market Cap 7990.74 Cr
EPS  Rs 7.36
PE Ratio 87.22x
Industry PE 83.35x

 

Aether Industries IPO Issue Size

Aether Industries IPO issue size is _ Cr.

Issue Amount
Fresh Issue 627 Cr
Offer For Sale 181.4 Cr

 

Aether Industries IPO Market Lot

An Individual can apply for a minimum 1 lot of 23 shares and a maximum of 13 lots of 299 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 23 Rs 14,766
 Maximum 13 299 Rs 1,91,958

 

Aether Industries IPO Offer

The shares of Aether Industries IPO is subscribed 6.26 Times as of 26th May 2022. The category-wise shares subscription are as follows:

Category % Offered Subscription
Qualified Institutional Maximum 50% 17.57 Times
Non-Institutional Minimum 15% 2.52 Times
Retail Individual Minimum 35% 1.14 Times
Employees up to 7.15 Cr 1.06 Times
Total   6.26 Times

 

Aether Industries IPO Grey Market Premium

As on GMP (Tentative)
24 May 2022 Rs 10

It is purely for informational purposes and invest in an IPO after thoroughly researching on your own.

 

Allotment Details

Find below the dates for Aether Industries IPO:

Schedule Date
Basis of Allotment 31 May 2022
Refunds 1 June 2022
Credit to Demat Account 2 June  2022
IPO Listing Date 3 June 2022

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 201.18 301.81 449.82 590.05 651.08
Total Expenditure 153.67 230.05 337.66 421.94 464.82
Operating Profit 47.51 71.76 112.16 168.11 186.25
Other Income 2.1 1.98 3.97 6.97 16.56
Interest 10.6 9.38 11.32 13.12 5.09
Depreciation 6.41 7.85 11.01 15.49 23.25
Exceptional Items 0 0 0 0 0
Profit Before Tax 32.6 56.51 93.81 146.47 174.48
Provision for Tax 9.26 16.55 22.69 37.54 44.06
Net Profit 23.34 39.96 71.12 108.93 130.42
Adjusted EPS (Rs.) 0.25 0.42 0.64 0.97 1.05

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 8.56 8.56 10.1 112.69 124.51
Total Reserves 29.99 69.72 164.23 274.2 1120.1
Borrowings 75.72 95.1 103.79 121.81 0
Other N/C liabilities 3.64 9.24 12.92 18.95 41.31
Current liabilities 88.77 117.86 161.91 242.17 94
Total Liabilities 206.68 300.47 452.94 769.82 1379.92
Assets
Net Block 106.3 129.33 216.23 257.1 646.19
Capital WIP 1.24 17.23 0.2 57.74 37.17
Intangible WIP 0 0 0 0 0
Investments 0.21 0.21 0.21 0.21 0.26
Loans & Advances 2.81 5.91 2.78 44.98 21.17
Other N/C Assets 0 0 0 0 0
Current Assets 96.11 147.79 233.53 409.79 675.13
Total Assets 206.68 300.47 452.94 769.82 1379.92
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Other Income 3.4 0.59 2.64 15.18 12.8
Profit Before Tax 43.86 52.16 36.97 49.85 25.45
Tax 8.83 14.6 6.77 12.05 6.39
Profit After Tax 35.04 37.56 30.2 37.8 19.06
Adjusted EPS (Rs) 2.81 3.02 2.28 2.85 1.44

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 81.79 0
Dec 2023 81.79 0
Sep 2023 81.81 0
Jun 2023 81.81 0
Mar 2023 87.07 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 32.6 56.51 93.81 146.47 174.48
Adjustment 16.36 17.52 22.32 27.09 20.44
Changes in Assets & Liabilities -20.44 -43.09 -72.93 -145.16 -169.68
Tax Paid -5.77 -13.24 -20 -33.84 -31.78
Operating Cash Flow 22.74 17.7 23.2 -5.44 -6.55
Investing Cash Flow -12.6 -48.01 -76.59 -150.94 -348.41
Financing Cash Flow -9.95 32.62 55.36 168.84 439.19
Net Cash Flow 0.2 2.3 1.96 12.45 84.23
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