Clean Science and Technology Ltd IPO

Mainboard

Chemicals

Listed On: Jul 19, 2021 at ₹ 1755.0(NSE)

₹ 14400 /16 Shares

Check Allotment

Price Summary

Last Closing

1,545.00 (71.67%)

52 Week High

1,690.00

52 Week Low

1,243.00

Last Update

20-Sep-2024 3:30 PM

IPO Details

07 Jul, 2021

Open Date

09 Jul, 2021

Close Date

15 Jul, 2021

Allotment Date

19 Jul, 2021

Listing Date

Issue Price

₹880-900 per equity share

Face Value

₹1 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Ltd

List Price

1755.0(NSE)

Listing Date

2021-07-19

Market Lot

16 Shares (₹14,400/-)

Lead Manager

Axis Capital Limited, JM Financial Consultants Private Limited, Kotak Mahindra Capital Company Limited

Issue Size

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

Retail Portion

35%

Subscription

93.41 times

IPO Docs

DRHP RHP

IPO Subscription 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

Total No. of Applications: 2694299 (Approx)

Retail Subscription on the basis of Applications: 7.17 times

Valuations

Earnings Per Share (EPS)

₹18.68/- (Y20-21)

P/E Ratio

48.18

RoNW

40.82%

Net Asset Value (NAV) - As on 31.03.21

₹50.81

Company Financials All values are in ₹ Cr.

	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 The 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.

	P/B Ratio	P/E Ratio	RoNW	Net Worth
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 - Ratings

Aditya Birla Ltd	Subscribe
Angel Broking	Subscribe
Ashika Research	Subscribe
Axis Capital	None
BP Equities (BP Wealth)	Subscribe
Canara Bank	Subscribe
Capital Market	Subscribe
GEPL Capital Ltd	Subscribe
HDFC Securities Limited	Neutral
Hem Securities	Subscribe
ICICI Direct	Subscribe
IIFL Securities	Subscribe
Investmentz Ltd	Subscribe
JM Financial Institutional Securities	None
LKP Securities Ltd	Subscribe
Reliance Securities	Subscribe
Sharekhan Limited	None
Sushil Finance Ltd	Neutral
Ventura Securities Limited	Subscribe

- Promoter(s)

Pre Issue Share Holding: 94.66%

Post Issue Share Holding: 78.51%

Company Promoter(s)

Ashok Ramnarayan Boob
Krishnakumar Ramnarayan Boob
Siddhartha Ashok Sikchi
Parth Ashok Maheshwari

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 - 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. 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 IPO price band is set between ₹880-900 per equity share.

Ans. To apply for Clean Science and Technology Ltd IPO 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 allotment status for Clean Science and Technology Ltd IPO here.