Aether Industries Ltd - Prospectus Synopsis

Aether Industries Ltd pdf Icon RHP

Registered Office : Plot No 8203 GIDC , Sachin , Surat - 394230 , Gujarat , India.

Phone : 91-261-6603360  Fax :

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.

IssueMoney Payable On
Opens OnCloses OnApplicationAllotment
5/24/2022 12:00:00 AM 5/26/2022 12:00:00 AM Rs 642 - 0Rs 0 - 0
Minimum Application for shares in Nos : 23 Further Multiples of : 23
 Rs CrLead Managers to the Issue
Project Cost 593.46 HDFC Bank Ltd
Project Financed through Current Offer 808.04  
Post Issue Equity Share Capital 593.46  
Issue PriceRs. 642 
Projects
Funding Capital Expenditure Requirements for the Proposed Greenfield Projects
Promoted ByListing AtRegistrar to the Issue
Ashwin Jayanilal Desai
Purnima Ashwin Desai
Rohan Ashwin Desai
- Link Intime India Pvt Ltd