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Reliance Securities’ IPO Report
Aether Industries Ltd. is a producer of superior intermediates and speciality chemical compounds and is India’s sole producer of chemical compounds akin to 4-2-Methoxyethyl Phenol, 3-Methoxy-2-Methylbenzoyl Chloride, Thiophene-2-Ethanol, Ortho Tolyl Benzo Nitrile, N-Octyl-D-Glucamine, Delta-Valerolactone and Bifenthrin Alcohol.
Aether was included in 2013 and its merchandise obtain traction from sectors like pharmaceutical, agrochemical, materials science, coating, excessive efficiency images, additive, and oil and gasoline segments of the chemical trade.
Aether is popping out with an IPO of Rs 8.1 billion, comprising of a contemporary concern of Rs 6.3 billion and a suggestion on the market of two.8 million shares.
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