More than half of the investments by mutual funds last month went into the public issue of Life Insurance Corporation.
New investors can buy for the long term and existing investors are recommended to stay invested in the company, Santosh Meena of Swastika Investmart said.
Experts said investors should hold the stock with a long-term view considering the company’s growth prospects, niche position in the specialty chemicals business, and strong financials.
Aether Industries IPO was well-received and was subscribed 6.26 times
Aether Industries IPO: The specialty chemical manufacturer raised Rs 808 crore through the IPO that comprised a fresh issue of Rs 627 crore and an offer for sale of Rs 181 crore
Aether Industries will make its grand debut on the BSE and NSE on June 3 as per the schedule available in the prospectus.
Aether Industries IPO: The chemical company aims to raise Rs 808.04 crore through the IPO, which consists of a fresh issue of Rs 627 crore and an offer-for-sale of up to 2.82 million shares.
Aether Industries IPO: The chemicals company aims to raise Rs 808.04 crore from its public offer
Hem Securities has come out with its report on Aether Industries. The research firm has recommended to ''Subscribe'' the ipo in its research report as on May 23, 2022.
ICICI Direct has come out with its report on Aether Industries. The research firm has recommended to ''Avoid'' the ipo in its research report as on May 24, 2022.
Anand Rathi has come out with its report on Aether Industries. The research firm has recommended to ''Subscribe-Long term'' the ipo in its research report as on May 23, 2022.
Brokerages are confident about the company’s prospects, given its inherent strengths and the growth likely in the Indian chemical industry. They have assigned a “subscribe” or “subscribe with caution” rating to the issue
The company’s success depends on identifying the molecule/product opportunity, investing behind R&D and implementing processes/integration to scale it up
The chemical company aims to raise Rs 808.04 crore from its public offer. Out of Rs 808.04 crore, company aims to raise Rs 627 crore through fresh issues.
Choice Equity Broking has come out with its report on Aether Industries. The research firm has recommended to ''Subscribe with Caution'' the ipo in its research report as on May 23, 2022.
Speciality chemicals company Aether Industries on Monday said it has raised a little over Rs 240 crore from anchor investors ahead of its initial share-sale, which opens for public subscription on Tuesday.
Arihant Capital has come out with its report on Aether Industries. The research firm has recommended to ''Avoid'' the ipo in its research report as on May 23, 2022.
The IPO consists of a fresh issue of Rs 627 crore and an offer for sale of up to 2.82 million shares by its shareholders and promoters
A total of 59 companies have so far received approval from Sebi and are ready to launch IPOs.
The IPO comprises a fresh issue of Rs 757 crore and an offer-for-sale of up to 2.57 million shares by its existing promoter Purnima Ashwin Desai