Aether Industries
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| Type | Public |
|---|---|
| ISIN | INE0BWX01014) |
| Industry | Conglomerate |
| Founded | 2013 |
| Founder | Ashwin Desai |
| Headquarters | Surat, Gujarat , India |
Area served | Worldwide |
Key people | Ashwin Desai (Founder and Managing Director ) Purnima Desai (Co-Founder ) Rohan Desai (Co-Founder ) Dr. Aman Desai (Co-Founder and Director ) |
| Products |
|
| Owner | Ashwin Desai |
Number of employees | 1000+ |
Aether Industries Limited is an Indian chemical manufacturing company based in Surat, Gujarat.[1] The company specializes in producing advanced intermediates and specialty chemicals for various industries, including pharmaceuticals, agrochemicals, material sciences, and oil and gas.[2][3]
History
[edit]Aether Industries Limited was established in 2013,[4][5] initially focused on developing chemical processes.[6][7] Revenue operations began in Fiscal Year 2018.[8]
In June 2022, Aether Industries went public with its Initial Public Offering (IPO) on Indian stock exchange.[9][10] Following its public debut, the company also conducted a Qualified Institutional Placement (QIP) in June 2023 to raise additional capital.[11][12]
Business operations
[edit]Aether Industries produces specialty chemicals and intermediates.[13][14][15]
In 2023, Aether Industries entered into a Contract/Exclusive Manufacturing Agreement with Chemoxy International Limited, a wholly owned subsidiary of the SEQENS group.[16][17]
Employees
[edit]As of 31 March 2024, Aether Industries' average employee age is 29 years.[18]
References
[edit]- ↑ "Meet Surat's richest man, who once lived in one room, now his net worth is Rs.10,046 crore, his business is..." India.com. 2 October 2024. Retrieved 17 October 2024.
- ↑ "Aether Industries Announces Strategic Manufacturing Partnership with SEQENS Group". Chemical Industry Digest. 23 August 2024. Retrieved 17 October 2024.
- ↑ "Aether Industries Limited Management Discussions". India Infoline. Retrieved 17 October 2024.
- ↑ "Company History and Annual Growth Details". Good Returns.
- ↑ "Buy Aether Industries, target price Rs 1117: HDFC Securities". The Economic Times. 27 August 2024. ISSN 0013-0389. Retrieved 19 October 2024.
- ↑ "Aether, H.B. Fuller and Saudi Aramco Technologies announce commercialization of sustainable converge polyols". www.indianchemicalnews.com. Retrieved 19 October 2024.
- ↑ "Aether Industries, H B Fuller, Saudi Aramco jointly commercialise sustainable convergeo polyols tech". The Economic Times. 9 January 2024. ISSN 0013-0389. Retrieved 19 October 2024.
- ↑ "Aether Industries commercialized manufacturing site 3 to manufacture speciality chemicals & intermediates". www.indianchemicalnews.com. Retrieved 19 October 2024.
- ↑ "Aether Industries IPO Details - IPO Date, Price, GMP, Analysis & Review". www.chittorgarh.com. Retrieved 19 October 2024.
- ↑ Nahar, Pawan (3 June 2022). "Aether Industries lists at 10% premium on stock exchanges". The Economic Times. ISSN 0013-0389. Retrieved 19 October 2024.
- ↑ "Aether Industries completes QIP to Raise Rs. 750 Cr". www.indianchemicalnews.com. Retrieved 19 October 2024.
- ↑ "Aether Industries raises Rs 750 crore through QIP issue — Goldman Sachs, SBI MF among key buyers - CNBC TV18". CNBCTV18. 23 June 2023. Retrieved 19 October 2024.
- ↑ "Aether Industries Niche specialty chemical producer". www.capitalmarket.com. Retrieved 19 October 2024.
- ↑ "Aether Industries Composite of competencies" (PDF). Business Standard Institutional Research.
- ↑ "Aether Industries IPO: Everything you need to know". The Indian Express. 25 May 2022. Retrieved 19 October 2024.
- ↑ "Aether Industries signs exclusive manufacturing agreement with SEQENS for bio-based products - CNBC TV18". CNBCTV18. 22 August 2024. Retrieved 19 October 2024.
- ↑ "Aether Industries signs exclusive manufacturing agreement with SEQENS for bio-based products - Manufacturing Today India". 23 August 2024. Retrieved 19 October 2024.
- ↑ "Our focus is on organic expansion and building our own plants...: Dr. Aman Desai, Promoter and Whole Time Director, Aether Industries". indianchemicalnews.com. Retrieved 19 October 2024.