Aether Industries IPO: Aether Industries IPO Opens Today, Should You Subscribe Or Not? Know From Anil Singhvi

Aether Industries, a specialty chemical company IPO of Rs 808 crore is opening for subscription today. Bidding can be done on this issue till May 26. In this, fresh shares worth Rs 627 crore will be issued while promoter Purnima Ashwin Desai will sell 28.2 lakh shares through offer for sale (OFS). 181.04 crore is expected to be raised through OFS. The company has fixed the issue price at Rs 610-642 per share. Should you Subscribe or Not? Know from Anil Singhvi.