 "ipo")
Speciality chemicals company Aether Industries has filed its preliminary prospectus with markets regulator Sebi to raise Rs 1,000 crore through an initial public offering (IPO).
The public issue consists of a fresh issue of equity shares aggregating to Rs 757 crore and an offer-for-sale of up to 2,751,000 equity shares, according to the draft red herring prospectus (DRHP).
The company may also consider raising Rs 131 crore by issuing equity shares through a preferential offer.
According to market sources, the company is expected raise Rs 1,000 crore through its IPO.
Aether Industries is a speciality chemicals manufacturer in India focused
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