Aether Industries IPO Allotment Status: Aether Industries is one of the biggest manufacturing companies of speciality chemicals in India. It is the only company in India that manufactures chemicals like 3-Methoxy-2-Methylbenzoyl Chloride, Ortho Tolyl Benzo Nitrile, Thiophene-2-Ethanol, N-Octyl-D-Glucamine, etc. The company has manufacturing sites in Gujarat and Surat. Aether Industries Limited opened its Initial Public Offering on 24th May 2022. A good amount of bidders have applied for the shares and now all f them are waiting to check the status of the allotment. All the bidders are informed that they will be able to check the Aether IPO allotment status on 31st May 2022. So go through the following article and get detailed information concerning Aether Industries IPO Allotment Status.
Aether Industries IPO Allotment Status
The company closed its IPO on 26 May 2022. Now it’s time to check the Aether IPO allotment status. Aether Industries Limited opened its Initial Public Offering to prepay or repay the certain borrowings made by the company, fulfil requirements of capital expenditures, and provide funds to working capital requirements and for general corporate purposes. Retail Individual Buyers can apply for a maximum of 13 lots only and the lot size of the IPO is 23 shares. Aether Limited has a revenue of Rs. 4,493.15 Million with a profit of Rs. 829.06 Millions after tax. Through the article, we have mentioned details like the IPO GMP, Subscription Status and other things so do read the article till the end.
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
|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
The company’s IPO got subscribed 6.26 times on 26 May 2022. Qualified Institutional Byers subscribed to the IPO 17.57 times. Given below we have prepared a table through which you will be able to check the subscription made by the different categories:
|Qualified Institutional Buyers||17.57 times|
|Retail Individual Investors||1.14 times|
|Non-Individual Buyers||2.52 times|
Aether Industries Ltd IPO GMP
As the Price listing date is getting closer, all the bidders are checking the GMP of Aether’s IPO. The GMP is the price at which the shares of Aether Industries are being exchanged. The GMP of the IPO helps in estimating the listing price of the IPO. Bidders can now get the estimated listing price by just adding GMP with the face value of the IPO. Bidders are informed that GMP Tend to change and thus the actual listing prices might differ. The GMP of Aether Industries Ltd. IPO is 25.
How to check Aether Industries IPO Allotment Status?
Applicants who want to check the allotment status online must refer here. Given below are the steps through which you will be able to check the allotment hassle-free:
- Firstly, go to the official portal of Link Intime i.e., https://linkintime.co.in/
- And the homepage of the website will be open on the device.
- Scroll below and click on the option of Public Issues.
- Now a new page will open in front of the screen.
- There you will have to select the company.
- Now choose the option from which you want to check the allotment (PAN, Account No., etc.)
- After that, enter the required details, on the basis of the choice made in the previous step.
- Check the entered details once again and submit it.
- Within a few seconds, the allotment status of the company’s IPO will open on the screen.
Aether Industries IPO Listing Price
After the Aether IPO basis of allotment, everybody’s eye will be on the listing price. The price listing will be done at BSE, National Stock Exchange. All the bidders who will get the share will want to know about the listing price. There are no details regarding it as of now but you will be able to check it on 3rd June 2022. Although by checking the GMP, we have come up with the estimated listing price. So, the estimated listing price of the IPO is 667.