JKB Financial Services Ltd.

NSE
BSE

GET IN TOUCH

GET IN TOUCH

< /label>

Refresh Captcha

Aether Industries Ltd
Registered Office: Plot No 8203 GIDC, Sachin, Surat - 394230, Gujarat
Phone: 91-261-6603360
Email: compliance@aether.co.in
Website: www.aether.co.in
Initial public offer of 12,586,355 equity shares of face value of Rs. 10 each (Equity Shares) of Aether Industries Limited (Company or Issuer) for cash at a price of Rs. 642 per equity share (including a share premium of Rs. 632 per equity share)(Offer Price) aggregating to Rs. 808.04 crores (Offer) comprising a fresh issue of 9,766,355** equity shares aggregating to Rs. 627.00 crores* by the company (the Fresh Issue) and an offer for sale of 2,820,000 equity shares by Purnima Ashwin Desai (the Promoter Selling Shareholder) aggregating to Rs. 181.04 crores (Offer for Sale and such equity shares, the Offered Shares). The offer includes a reservation of 111,370 equity shares, aggregating to Rs. 7.15 crores, for subscription by eligible employees (as defined herein) (the Employee Reservation Portion). The employee reservation portion shall not exceed 0.09% of the post offer paid-up equity share capital the offer less the employee reservation portion is hereinafter referred to as the Net Offer. The offer and the net offer shall constitute 10.11% and 10.02%, respectively, of the post-offer paid-up equity share capital of the company. The company, in consultation with the brlms, has undertaken a private placement of 2,024,921 equity shares aggregating to Rs. 130.00 crores (pre-ipo placement). The size of the fresh issue of equity shares has been adjusted pursuant to the pre-ipo placement. * Subject to finalization of the basis of allotment The face value of the equity shares is Rs. 10 each. The offer price is 64.20 times the face value of the equity shares.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
24-May-2022	26-May-2022	₹ 642.00	₹ 0.00

Minimum Application for shares in Nos : 23 Further Multiples of : 23
	(₹)Cr.	Lead Managers to the Issue
Project Cost	593.46	HDFC Bank Ltd
Project Financed through Current Offer	808.04
Post Issue Equity Share Capital	124.48
Issue Price	₹642.00

Projects
Funding Capital Expenditure Requirements for the Proposed Greenfield Projects
Prepayment or Repayment of all or a Portion of Certain Outstanding Borowings Availed by the Company
Funding Working Capital Requirements of the Company
General Corporate Purposes

Promoted By
Ashwin Jayanilal Desai
Purnima Ashwin Desai
Rohan Ashwin Desai

Listing At
BSE
NSE

Registrar to the Issue
Link Intime India Pvt Ltd

INDIAN INDICES

Sensex

84,456.23 1,271.43 (1.53%)

Nifty

25,703.60 287.80 (1.13%)

GLOBAL INDICES

USD

83.95 -0.07 (-0.08%)

NASDAQ

18,013.98 440.68 (2.51%)

HANG SENG

18013.16 353.14(2.00%)