Aether Industries Ltd IPO

Incorporated in 1983, Kolkata-based Tarsons Products manufactures laboratory products that are used in various research organisations, pharmaceutical companies, academia institutes, hospitals and diagnostic centres.

The company plans to go public and here’s all you need to know about this IPO.

Here’s the consolidated financial information for the last three years:

• Differentiated portfolio of market-leading products
• Focus on R&D to leverage its core competencies of chemistry and technology
• Long standing relationships with a diversified customer base
• Synergistic Business Models focused on Large Scale Manufacturing, CRAMS and Contract Manufacturing
• Focus on Quality, Environment, Health and Safety (QEHS)

• Its business is dependent and will continue to depend on its manufacturing facilities, and its are subject to certain risks in its manufacturing process. Any slowdown or shutdown in its manufacturing operations or strikes, work stoppages or increased wage demands by its employees that could interfere with its operations could have an adverse effect on its business, financial condition and results of operations.
• The company is subject to certain risks consequent to its operations involving the manufacture, usage and storage of various hazardous substances.
• Its inability to successfully implement some or all its business strategies in a timely manner or at all could have an adverse effect on its business.
• The company derive a significant part of its revenue from major customers and its do not have long term contracts with all of these customers. If one or more of such customers choose not to source their requirements from its or to terminate its long-term contracts, its business, financial condition and results of operations may be adversely affected.
• Its reliance on certain industries for a significant portion of its sales could have an adverse effect on its business.

• Leverage its strong position in the speciality chemicals industry to capitalize on industry opportunities
• Expand its Product Portfolio and diversify into additional business segments
• Expand Manufacturing, R&D and Pilot Plant Capacities
• Continue to strengthen its presence in India and expand its sales and distribution network in international markets
• Continue to focus on contract manufacturing / exclusive manufacturing by developing innovative processes and value engineering