Back

Clean Science & Technology Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed NSE & BSE Mainboard Live Chart
Issue Price
₹900
Per Share
GMP
NIL
Grey Market
Est. Listing
₹900
Expected Price
Min. Application
₹28,800
2 lots × 16 shares
IPO Issue Details
Issue Price / Price Band₹900 per share (Fixed Price)
Face Value₹1 Per Share
Lot Size16 Shares per Lot
Total Issue Size1,71,84,682 shares (aggregating up to ₹1,546.62 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryOffer For Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenWed, 07 Jul 2021
Subscription CloseFri, 09 Jul 2021
Anchor AllotmentTue, 06 Jul 2021
Basis of AllotmentWed, 14 Jul 2021
Initiation of RefundsThu, 15 Jul 2021
Credit of Shares to DematFri, 16 Jul 2021
Listing DateMon, 19 Jul 2021
UPI Mandate Deadline2021-07-09
Application & Investment Details
Retail — Min (1 Lots)₹14,400 — 16 shares
Retail — Max (13 Lots)₹187,200 (13 Lots)
HNI — Min (14 Lots)₹2,01,600 — 224 shares
Pre-IPO Promoter Holding10,62,18,960 shares
Post-IPO Promoter Holding10,62,18,960 shares
About Clean Science & Technology Ltd.

Incorporated in 2003, Clean Science and Technology Ltd is one of the leading chemical manufacturers globally. It manufactures functionally critical specialty chemicals such as Performance Chemicals (MEHQ, BHA, and AP), Pharmaceutical Intermediates (Guaiacol and DCC), and FMCG Chemicals (4-MAP and Anisole).The company supplies its products to manufacturers and distributors in India as well as overseas markets i.e. China, Europe, USA, Korea, Taiwan, and Japan. Bayer AG, Genex Laboratories Limited, Nutriad International NV, SRF Limited, Vinati Organics are a few of its customers. In fiscal 2020, it generated 69% of revenues through export outside India.Clean Science has two production facilities at Kurkumbh (Maharashtra) with an aggregated installed production capacity of 29,900 MTPA as of Dec 31, 2020.Competitive StrengthsGlobally leading supplier of certain chemicals; Ansole, 4-MAP, MEHQ, BHA, DCC, etc.Strategically located manufacturing facility with close proximity to JNPT port to export products.Strong long-term relationship with key customers.Consistent track record of financial performance.International presence with export to several countries i.e. China, USA, Korea, Japan, Taiwan, etc.

Objects of the Issue

Clean Science & Technology Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
1 To carry out the Offer for Sale of 17,184,682 Equity Shares aggregating to ₹15,466.22 millionby the Selling Shareholders
2
2 Achieve the benefits of listing the Equity Shares on the StockExchanges
Shareholding & Lock-in
Pre-IPO Promoter Holding 10,62,18,960 shares
Post-IPO Promoter Holding 10,62,18,960 shares
Lock-in Period (30%)August 13, 2021
Lock-in Period (50%)October 12, 2021
Check AllotmentCheck Status →
Clean Science & Technology Ltd. — Live Price LIVE
₹900.00
INR · BSE
Fetching live data…
VS Issue Price
OPEN
HIGH
LOW
MKT CAP
P/E
52W HIGH
52W LOW
VOLUME
DIVIDEND
DIV YIELD
Loading chart…
Chart Not Available
Clean Science & Technology Ltd. is not yet listed on Yahoo Finance or has a different ticker symbol.
Try again after listing stabilises (2-3 trading days).
Issue ₹900.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹900
GMPNIL
Est. Listing₹900
Lot Size16 shares
Min Amount₹28,800
Listing Date19 Jul 2021
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹900
Listing Date19 Jul 2021
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
TOTAL 17,184,682 100.00% ₹1,546.62 Cr
* Based on ₹900.00 (upper price band)
Lot Size & Investment Details
Lot Size
16
Shares
Issue Price
₹900.00
Per Share
Min Investment
₹14,400
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 16 ₹14,400
Retail (Max) 13 208 ₹187,200
sNII (Min) 14 224 ₹201,600
bNII (Min) 70 1,120 ₹1,008,000
Company Financials — Restated Consolidated (Amount in Crore)
Particulars31-Mar-2131-Mar-2031-Mar-19
Revenue from Operations 538.07 430.17 404.56
EBITDA N/A N/A N/A
Profit After Tax (PAT) 198.38 139.63 97.66
Net Worth N/A N/A N/A
Total Assets 659.92 429.88 327.47
Reserves & Surplus N/A N/A N/A
Total Borrowings N/A N/A N/A
Key Ratios & Valuation
Issue Price ₹900
Face Value ₹1 Per Share
P/BV N/A
RoE N/A
RoCE N/A
RoNW N/A
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity N/A
Company Details
Company
Clean Science & Technology Ltd.
Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Bookbuilding IPO
Face Value
₹1 Per Share
Script Code
N/A
Address
Office No. 503, Pentagon Tower P-4 Magarpatta City, Hadapsar, Pune 411 013 Hadapsar, Pune, Maharashtra
Book Running Lead Managers
Axis Capital Ltd.
Book Running Lead Manager (BRLM)
JM Financial Ltd.
Book Running Lead Manager (BRLM)
Kotak Mahindra Capital Co.Ltd.
Book Running Lead Manager (BRLM)