Tuesday, July 6, 2021

Clean Science and Technology Ltd IPO Date & Price Band, Market Lot, Allotment & Listing details

Clean Science And Technology Ltd. IPO open in the market for Subscription as on 7th July 2021 and closes on 9th July 2021. The company plan to raise Rs. 1546.60 crores from market via initial public offer with price band of Rs. 880 to 900 per equity share.

About Clean Science And Technology Ltd.

Clean Science And Technology Ltd. was incorporated in the year 2003 as a family-owned business enterprise. Adhering closely to Company vision, it work on developing eco-friendly and sustainable manufacturing processes of specialty and fine chemicals, exporting to many countries across the world. With the primary aim of devising novel and clean processes for its products, it work extensively in developing better catalyst systems that are selective and cost-effective.

The company manufactures functionally critical specialty chemicals such as Performance Chemicals (i.e. MEHQ, BHA and AP), Pharmaceutical Intermediates (i.e. Guaiacol and DCC), and FMCG Chemicals (i.e. 4-MAP and Anisole).

As of 31 December 2020, it was the largest manufacturer globally of MEHQ, BHA, Anisole and 4-MAP, in terms of manufacturing capacities. Most of its production processes are either zero liquid discharge or release only water as discharge. In FY2020 and in the nine months ended 31 December 2020, exports represented 68.8% and 65.4% of its total revenue from operations, respectively.

Its products are used as key starting level materials, as inhibitors, or as additives, for products sold in regulated markets. Its major customers include Bayer AG, SRF Limited, Gennex Laboratories Limited, Nutriad International NV and Vinati Organics Limited.

Clean Science and Technology Ltd. has customers from Japan to the USA, making it a truly global organization.

Company Promoters:
Ashok Ramnarayan Boob, Krishnakumar Ramnarayan Boob, Siddhartha Ashok Sikchi and Parth Ashok Maheshwari are the company promoters.

Clean Science and Technology Ltd IPO Date & Price Band, Market Lot, Allotment & Listing details:

IPO Open

7th July 2021

IPO Close

9th July 2021

IPO Size

Rs.1546.62 Crores

Fresh Issue

Rs.- Crores

Offer for Sale

Rs.1546.62 Crores

Face Value

Rs.1 Per Equity Share

Price Band

Rs.880 to Rs.900 Per Share

Listing on

BSE & NSE

Retail Quota

35%

Employee Disc

Rs. - per share

Equity

 - Shares

Minimum Lot Size

Minimum - 16 Shares -  1 Lots

Minimum Amount

Rs. 14,400/-

Maximum Lot Size

Maximum – 208 Shares – 13 Lots

Maximum Amount

Rs.1,87,200/-

Basis of Allotment

14th July 2021

Refunds

15th July 2021

Credit to Demat A/c

16th July 2021

Listing Date

19th July 2021


Company Audited Financials Summery:
Summary of financial Information (Restated Consolidated)

Rs. in Crores

 

FY2018

FY2019

FY2020

FY2021

Revenue

247.2

404.6

430.2

538.1

Expenses

177

268

247.8

270.8

Net income

49

97

134.5

201

NI Ratio (%)

19.82%

23.97%

31.26%

37.35%

EPS

-

9.19

13.15

18.68


Objectives of the IPO:
To make an offer for sale of equity shares aggregating to Rs. 1,546.62 Crore.
To achieve the share listing benefits on the BSE and NSE.

Company Contact Information
Clean Science And Technology Limited
Office No. 503, Pentagon Tower P-4,
Magarpatta City, Hadapsar,
Pune 411 013 Maharashtra, India
Tel: +91 20 26899953
Fax: +91 20 26898894
E-mail: compliance@cleanscience.co.in
Website: www.cleanscience.co.in
Corporate Identity Number: U24114PN2003PLC018532


IPO Registrar
Link Intime India Private Limited
C 101, 247 ParkL.B.S.Marg
Vikhroli (West) Mumbai 400 083
Tel: +91 22 49186200
E-mail: cleanscience.ipo@linkintime.co.in
Website: www.linkintime.co.in
SEBI Registration Number.: INR000004058


FAQs on Clean Science Technology IPO
When Clean Science Technology IPO will open for retail Investors?
The IPO is to open for subscription on 7th July 2021 for all type Investors.

What is Clean Science Technology IPO Investors Quota?
The investors' Quota for QIB 50%, NII 15%, and Retail 35%.

What is Clean Science TechnologyIPO Size for retail?
Clean Science Technology IPO size is Rs.1546.62 crores and for retail is Rs.541.32 crores.

What is Clean Science Technology IPO offer Price ?
Clean Science Technology IPO offer Price is Rs.880 to Rs.900.

What is Clean Science Technology IPO Minimum Lot Size?
The minimum order quantity is 16 Shares with Rs.14,400.

What is Clean Science Technology IPO Allotment Date?

Clean Science Technology IPO allotment date is 14 July 2021.

What is Clean Science Technology IPO Listing Date?
Clean Science Technology IPO listing on NSE & BSE as on 19th July 2021.


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