Clean Science and Technology Limited

Clean Science and Technology Limited IPO Review

Clean Science and Technology is among the couple of organizations all around the world zeroed in completely on creating more current advancements utilizing in-house reactant measures, empowering it to arise as the biggest producer of certain forte synthetic substances as far as assembling limits. The organization produces practically basic forte synthetic compounds like Performance Chemicals (for example MEHQ, BHA and AP), Pharmaceutical Intermediates (for example Guaiacol and DCC), and FMCG Chemicals (for example 4-MAP and Anisole). 

Starting on 31 December 2020, it was the biggest producer all around the world of MEHQ, BHA, Anisole and 4-MAP, as far as assembling limits. The greater part of its creation measures are either zero fluid release or delivery just water as release. In FY2020 and in the nine months finished 31 December 2020, trades addressed 68.8% and 65.4% of its complete income from activities, separately. 

The organization supplies its items to producers and merchants in India just as abroad business sectors for example China, Europe, USA, Korea, Taiwan, and Japan. Bayer AG, Genex Laboratories Limited, Nutriad International NV, SRF Limited, Vinati Organics are a couple of its clients. In financial 2020, it created 69% of incomes through sending out external India. 

Subscription Dates

7 – 9 July 2021

Price Band

INR880 – 900 per share 

Fresh issue

Nil

Offer For Sale

INR1,546.6 crore 

Total IPO size

INR1,546.6 crore

Minimum bid (lot size)

16 shares

Face Value 

INR1 per share

Retail Allocation

35%

Listing On

NSE, BSE

 

FY2018

FY2019

FY2020

FY2021

Revenue

247.2

404.6

430.2

538.1

Expenses

177.0

268.0

247.8

270.8

Comprehensive income

49.0

97.0

134.5

201.0

Margin (%)

19.8

24.0

31.3

37.3

Earnings Per Share (EPS): INR18.68

Price/Earnings (PE ratio): 47.11 – 48.18

Return on Net Worth (RONW): 36.76%

Net Asset Value (NAV): INR50.81 per share

 

Date

GMP (in INR)

Kostak (in INR)

Subject to Sauda (in INR)

17 July 2021

580

16 July 2021

580

15 July 2021

560

14 July 2021

520

950

13 July 2021

520

950

Listing Performance of Clean Science and Technology Ltd IPO

Company Name

Listed On

Issue Price

Listing Day Close

Listing Day Gain

Clean Science and Technology Ltd

Jul 19, 2021

900

1585.2

76.13

NSE : CLEAN

BSE : 543318

ISIN CODE : INE227W01023

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IPO Opening Date: 7 July 2021

IPO Closing Date: 9 July 2021

Finalisation of Basis of Allotment: 14 July 2021

Initiation of refunds: 15 July 2021

Transfer of shares to demat accounts: 16 July 2021

Listing Date: 19 July 2021

Opening Price on NSE: INR1,755 per share (up 95% from IPO price)

Closing Price on NSE: INR1,585.25 per share (up 76.14% from IPO price)

Clean Science and Technology Limited

Office No. 503, Pentagon Tower P-4,

Magarpatta City, Hadapsar,

Pune 411 013 Maharashtra

Phone: +91 20 26899953

Email: compliance@cleanscience.co.in

Website: www.cleanscience.co.in

Link Intime India Private Limited

C-101, 1st Floor,

247 Park Lal Bahadur Shastri Marg,

Vikhroli (West) Mumbai – 400 083

Phone: +91 22 4918 6200

Fax: +91 22 4918 6195

Email: cleanscience.ipo@linkintime.co.in

Website: http://www.linkintime.co.in

Category

Shares offered

Subscription (no. of times, at 5 PM)

Day 1

Day 2

Day 3

QIB

35,15,049

0.00

2.12

156.38

NII

26,36,287

2.15

4.51

206.43

Retail

61,51,336

2.48

5.42

9.00

Total

1,23,02,672

1.70

4.28

93.41

Clean Science and Technology Limited IPO FAQ's

Clean Science IPO is a main-board IPO of the face value of ₹1 aggregating up to ₹1,546.62 Crores. The issue is priced at ₹880 to ₹900 per equity share. The minimum order quantity is 16 Shares.The initial public offering (IPO) begins on   Jul 7, 2021,  and ends on Jul 9, 2021.The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and NSE.



The Clean Science IPO opens on Jul 7, 2021 and closes on Jul 9, 2021.

Clean Science IPO lot size is 16 Shares and the minimum order quantity is 16 Shares.



Clean Science IPO  can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications..Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

The Basis of Allotment for Clean Science IPO will be done on Jul 14, 2021, and the allotted shares will be credited to your demat account by Jul 16, 2021. Check the Clean Science IPO allotment status.

The Clean Science IPO listing date is on Monday, July 19, 2021.

Clean Science and Technology Limited IPO Comments