Article · Wikipedia archive · Last revised Jul 26, 2026

Aether Industries

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.

Last revised
Jul 26, 2026
Read time
≈ 2 min
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531 w
Citations
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Source
Wikipedia ↗
Aether Industries Limited
TypePublic
ISININE0BWX01014)
IndustryConglomerate
Founded2013 (2013)
FounderAshwin 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
OwnerAshwin 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.23

History

Aether Industries Limited was established in 2013,45 initially focused on developing chemical processes.67 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.910 Following its public debut, the company also conducted a Qualified Institutional Placement (QIP) in June 2023 to raise additional capital.1112

Business operations

Aether Industries produces specialty chemicals and intermediates.131415

In 2023, Aether Industries entered into a Contract/Exclusive Manufacturing Agreement with Chemoxy International Limited, a wholly owned subsidiary of the SEQENS group.1617

Employees

As of 31 March 2024, Aether Industries' average employee age is 29 years.18

References

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. 2 October 2024. Retrieved 17 October 2024.
  2. "Aether Industries Announces Strategic Manufacturing Partnership with SEQENS Group". Chemical Industry Digest. 23 August 2024. Retrieved 17 October 2024.
  3. "Aether Industries Limited Management Discussions". India Infoline. Retrieved 17 October 2024.
  4. "Company History and Annual Growth Details". Good Returns.
  5. "Buy Aether Industries, target price Rs 1117: HDFC Securities". The Economic Times. 27 August 2024. ISSN 0013-0389. Retrieved 19 October 2024.
  6. "Aether, H.B. Fuller and Saudi Aramco Technologies announce commercialization of sustainable converge polyols". www.indianchemicalnews.com. Retrieved 19 October 2024.
  7. "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.
  8. "Aether Industries commercialized manufacturing site 3 to manufacture speciality chemicals & intermediates". www.indianchemicalnews.com. Retrieved 19 October 2024.
  9. "Aether Industries IPO Details - IPO Date, Price, GMP, Analysis & Review". www.chittorgarh.com. Retrieved 19 October 2024.
  10. Nahar, Pawan (3 June 2022). "Aether Industries lists at 10% premium on stock exchanges". The Economic Times. ISSN 0013-0389. Retrieved 19 October 2024.
  11. "Aether Industries completes QIP to Raise Rs. 750 Cr". www.indianchemicalnews.com. Retrieved 19 October 2024.
  12. "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.
  13. "Aether Industries Niche specialty chemical producer". www.capitalmarket.com. Retrieved 19 October 2024.
  14. "Aether Industries Composite of competencies" (PDF). Business Standard Institutional Research.
  15. "Aether Industries IPO: Everything you need to know". The Indian Express. 25 May 2022. Retrieved 19 October 2024.
  16. "Aether Industries signs exclusive manufacturing agreement with SEQENS for bio-based products - CNBC TV18". CNBCTV18. 22 August 2024. Retrieved 19 October 2024.
  17. "Aether Industries signs exclusive manufacturing agreement with SEQENS for bio-based products - Manufacturing Today India". 23 August 2024. Retrieved 19 October 2024.
  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 19 October 2024.