Aether Industries IPO - Niche Play In Complex Chemistry: ICICI Direct

Aether Industries IPO - Niche Play In Complex Chemistry: ICICI Direct

A researcher pouring chemical solution in a flask. (Photo: Louis Reed/ Source: Unsplash)

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ICICI Direct Report

Incorporated in 2013, Aether Industries Ltd. focuses on producing advanced intermediates and specialty chemicals involving complex, differentiated chemistry and technology core competencies.

Aether Industries products find application in pharmaceutical, agrochemical, material science, coating, high performance photography, additive and oil and gas segments of the chemical industry.

Sole manufacturer in India for advanced intermediates such as 4MEP, MMBC, T2E, OTBN, NODG and Bifenthrin alcohol (pharma applications) and specialty chemical DVL (coating additive).

One of the largest manufacturers in the world by volume for 4MEP, T2E, NODG and hydroxyethoxy ethyl piperazine.

Product portfolio comprised over 25 products. Staff consists of 92 scientists and 72 chemical engineers. Two manufacturing sites at Sachin in Surat. Facility one is a 3500 square metre facility while Facility two encompasses roughly 10500 square metre.

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ICICI Direct Aether Industries IPO Review.pdf
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