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Aether Industries

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Aether Industries Limited
Company typePublic
Traded as
ISININE0BWX01014)
IndustryConglomerate
Founded2013; 11 years ago (2013)
FounderAshwin Desai
HeadquartersSurat, Gujarat, India
Area servedWorldwide
Key peopleAshwin Desai
(Founder and Managing Director )
Purnima Desai (Co-Founder )
Rohan Desai (Co-Founder )
Dr. Aman Desai (Co-Founder and Director )
Products
OwnerAshwin Desai
Number of employees1000+

Aether Industries Limited is an Indian chemical manufacturing company based in Surat, Gujarat. The company specializes in producing advanced intermediates and specialty chemicals for various industries, including pharmaceuticals, agrochemicals, material sciences, and oil and gas.

History

Aether Industries Limited was established in 2013, initially focused on developing chemical processes. Revenue operations began in Fiscal Year 2018.

In June 2022, Aether Industries went public with its Initial Public Offering (IPO) on Indian stock exchange. Following its public debut, the company also conducted a Qualified Institutional Placement (QIP) in June 2023 to raise additional capital.

Business operations

Aether Industries produces specialty chemicals and intermediates.

In 2023, Aether Industries entered into a Contract/Exclusive Manufacturing Agreement with Chemoxy International Limited, a wholly-owned subsidiary of the SEQENS group.

Employees

As of March 31, 2024, Aether Industries' average employee age is 29 years.

References

  1. "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. 2024-10-02. Retrieved 2024-10-17.
  2. "Aether Industries Announces Strategic Manufacturing Partnership with SEQENS Group". Chemical Industry Digest. 2024-08-23. Retrieved 2024-10-17.
  3. "Aether Industries Limited Management Discussions". India Infoline. Retrieved 2024-10-17.
  4. "Company History and Annual Growth Details". Good Returns.
  5. "Buy Aether Industries, target price Rs 1117: HDFC Securities". The Economic Times. 2024-08-27. ISSN 0013-0389. Retrieved 2024-10-19.
  6. "Aether, H.B. Fuller and Saudi Aramco Technologies announce commercialization of sustainable converge polyols". www.indianchemicalnews.com. Retrieved 2024-10-19.
  7. "Aether Industries, H B Fuller, Saudi Aramco jointly commercialise sustainable convergeo polyols tech". The Economic Times. 2024-01-09. ISSN 0013-0389. Retrieved 2024-10-19.
  8. "Aether Industries commercialized manufacturing site 3 to manufacture speciality chemicals & intermediates". www.indianchemicalnews.com. Retrieved 2024-10-19.
  9. "Aether Industries IPO Details - IPO Date, Price, GMP, Analysis & Review". www.chittorgarh.com. Retrieved 2024-10-19.
  10. Nahar, Pawan (2022-06-03). "Aether Industries lists at 10% premium on stock exchanges". The Economic Times. ISSN 0013-0389. Retrieved 2024-10-19.
  11. "Aether Industries completes QIP to Raise Rs. 750 Cr". www.indianchemicalnews.com. Retrieved 2024-10-19.
  12. "Aether Industries raises Rs 750 crore through QIP issue — Goldman Sachs, SBI MF among key buyers - CNBC TV18". CNBCTV18. 2023-06-23. Retrieved 2024-10-19.
  13. "Aether Industries Niche specialty chemical producer". www.capitalmarket.com. Retrieved 2024-10-19.
  14. "Aether Industries Composite of competencies" (PDF). Business Standard Institutional Research.
  15. "Aether Industries IPO: Everything you need to know". The Indian Express. 2022-05-25. Retrieved 2024-10-19.
  16. "Aether Industries signs exclusive manufacturing agreement with SEQENS for bio-based products - CNBC TV18". CNBCTV18. 2024-08-22. Retrieved 2024-10-19.
  17. "Aether Industries signs exclusive manufacturing agreement with SEQENS for bio-based products - Manufacturing Today India". 2024-08-23. Retrieved 2024-10-19.
  18. "Our focus is on organic expansion and building our own plants...: Dr. Aman Desai, Promoter and Whole Time Director, Aether Industries". indianchemicalnews.com. Retrieved 2024-10-19.
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