Aether Industries Limited is an Indian chemical manufacturing company based in
Surat
Surat (Gujarati Language, Gujarati: ) is a city in the western Indian States and territories of India, state of Gujarat. The word Surat directly translates to ''face'' in Urdu, Gujarati language, Gujarati and Hindi. Located on the banks of t ...
, 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
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...
(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 31 March 2024, Aether Industries' average employee age is 29 years.
References
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Companies based in Surat
Indian companies established in 2013
Chemical companies established in 2013
Chemical companies of India
Companies listed on the Bombay Stock Exchange
Companies listed on the National Stock Exchange of India