Clean Science and Technology Ltd IPO
MainboardChemicals
Listed On: Jul 19, 2021 at ₹ 1755.0(NSE)
₹ 14400 /16 Shares
Check Allotment07 Jul, 2021
Open Date09 Jul, 2021
Close Date15 Jul, 2021
Allotment Date19 Jul, 2021
Listing DatePrice Summary
Last Closing
900.45 (0.05%)52 Week High
1,600.0052 Week Low
873.75Last Update
19-Dec-2025 3:30 PMIPO Issue Details
- Issue Price ₹880-900 per equity share
- Face Value ₹1 Per Equity Share
- Issue Price Offer for Sale of 1,71,84,666 Equity Shares of ₹ 1/- at price of ₹ 880/- to ₹ 900/- with aggregating up to ₹ 1,546.62/- Cr
- Listing at BSE, NSE
- List Price 1755.0(NSE)
- Listing Date 2021-07-19
- Lead Manager Axis Capital Limited, JM Financial Consultants Private Limited, Kotak Mahindra Capital Company Limited
- Registrar Link Intime India Private Ltd
IPO Details
- Retail Portion 35%
IPO Details
The IPO of is priced at ₹880-900 per equity share, which has a face value of ₹1 Per Equity Share each, IPO bidding starts from Jul 7, 2021 and ends on Jul 9, 2021. The allotment for IPO will be finalized on Jul 15, 2021. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Jul 19, 2021. The company shall list its equity shares on the BSE, NSE. Link Intime India Private Ltd is the registrar of the issue.
The book-running lead manager for the IPO is/are Axis Capital Limited, JM Financial Consultants Private Limited, Kotak Mahindra Capital Company Limited.
The IPO sets its price band at 880-900 for each share. A single application for Clean Science and Technology Ltd IPO must contain at least 16 shares.
Read More
IPO Subscription Analysis And Details
| As on | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 35,15,049 | 26,36,287 | 61,51,336 | 1,23,02,672 |
|
Day 1
07-07-21 05:00 PM
|
0.01 x | 2.15 | 2.48 x | 1.70 x |
|
Day 2
08-07-21 05:00 PM
|
2.12 x | 4.51 | 5.43 x | 4.28 x |
|
Day 3
09-07-21 05:00 PM
|
156.38 x | 206.43 | 9.00 x | 93.41 x |
Valuations
Company Financials
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|
| Assets | 659.91 | 429.87 | 327.47 |
| Revenue | 538.07 | 430.16 | 404.56 |
| Profit After Tax | 198.38 | 139.63 | 97.65 |
About Company
Incorporated in the year 2006, They are a fine and specialty chemical manufacturing company, with unique and innovative chemical processes developed in-house. Clean Science and Technology is a family-owned business and they work primarily on developing clean and eco-friendly manufacturing processes. They take pride in being world market leaders for our products. They have a presence across the globe with our international standard products and esteemed clientele.
Read More- Promoter(s)
Ashok Ramnarayan Boob
Krishnakumar Ramnarayan Boob
Siddhartha Ashok Sikchi
Parth Ashok Maheshwari
Pre Issue Share Holding : 94.66%
Post Issue Share Holding : 78.51%
IPO - Issue Objectives
To make an offer for sale of equity shares aggregating to Rs. 1,5466.22 million.
To achieve the benefits of listing the Equity Shares on the Stock Exchanges.
IPO - Anchor Investors
Clean Science mobilises Rs 464 crore from anchor investors ahead of IPO
Among domestic investors, Axis MF, HDFC Trustee, SBI MF, Aditya Birla Sun Life, ICICI Prudential, Kotak MF, Nippon Life India, and SBI Life Insurance invested in the company via anchor book.
Marquee global investors participated in the anchor book are Government of Singapore, Nomura, BlackRock Global Funds, Aberdeen Global Indian Equity, Goldman Sachs, Neuberger Berman, Abu Dhabi Investment Authority, Theleme India Master Fund, and Pinebridge Global Funds.
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Clean Science and Technology Limited | 17.71 | - | 36.76% | 538.07 Cr |
| Vinati Organics Limited | 12.17 | 68.43 | 17.45% | 980.10 Cr |
| Fine Organic Industries Limited | 22.06 | 75.93 | 16.45% | 1,150.31 Cr |
| Atul Limited | 7.15 | 40.01 | 17.11% | 3,834.45 Cr |
| Camlin Fine Sciences Limited | 5.12 | 47.65 | 9.16% | 1,192.08 Cr |
| SRF Limited | 6.85 | 34.37 | 17.47% | 8,454.53 Cr |
| Navin Flourine International Limited | 11.25 | 64.43 | 15.76% | 1,258.43 Cr |
| PI Industries Limited | 8.35 | 56.83 | 13.82% | 4,701.90 Cr |
IPO - FAQs
Ans. Clean Science and Technology Ltd IPO is a Mainboard IPO. The issue is priced at ₹880-900 per equity share. The minimum order quantity is 16 Shares. The IPO opens on Jul 7, 2021, and closes on Jul 9, 2021. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Clean Science and Technology Ltd IPO opens on Jul 7, 2021 and closes on Jul 9, 2021.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Clean Science and Technology Ltd IPO is Offer for Sale of 1,71,84,666 Equity Shares of ₹ 1/- at price of ₹ 880/- to ₹ 900/- with aggregating up to ₹ 1,546.62/- Cr.
Ans. The Clean Science and Technology Ltd IPO price band is set between ₹880-900 per equity share.
Ans. To apply for Clean Science and Technology Ltd IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Clean Science and Technology Ltd IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Clean Science and Technology Ltd IPO is Jul 15, 2021.
Ans. The Clean Science and Technology Ltd IPO will be listed on Jul 19, 2021.
Ans. Follow the steps to check the Clean Science and Technology Ltd IPO allotment status online.
