Clean Science and Technology Limited IPO Details

Subscription Status

Allotment Status

Clean Science and Technology IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

About Clean Science and Technology

Clean Science and Technology Limited is among the few companies globally focused entirely on developing newer technologies using in-house catalytic processes, which are eco-friendly and cost competitive. This has enabled to emerge as the largest manufacturer globally of certain specialty chemicals in terms of installed manufacturing capacities.

Some of these technologies have been developed and commercialized for the first time globally

The continued focus on product identification, process innovation, catalyst development, significant scale of operations as well as the measures towards strategic backward integration have all contributed to the success as one of the fastest growing and among the most profitable specialty chemical companies globally

The company manufacture 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). Within 17 years of incorporation, the company grown to be the largest manufacturer globally of MEHQ, BHA, Anisole and 4-MAP, in terms of installed manufacturing capacities.

Important Details – Clean Science and Technology

DateDetails
November 7, 2003The company was incorporated as ‘Sri Distikemi Private Limited’ in Pune, Maharashtra as a private limited company.
August 25, 2006The name of the Company was changed to ‘Clean Science and Technology Private Limited’ pursuant to a resolution passed by our shareholders in an extraordinary general meeting held on July 31, 2006
March 4, 2021The company was converted into a public limited company, the change in the name of the company to Clean Science and Technology Limited

Objects of the Issue

The objects of the Offer are to

(i) To carry out the Offer for Sale of up to [.] Equity Shares aggregating up to ₹15,466.22 million by the Selling Shareholders; and

(ii) To achieve the benefits of listing the Equity Shares on the Stock Exchanges.

Clean Science and Technology Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in million)
  31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 6,599.17 4,298.79 3,274.73
Total income 5,380.71 4,301.65 4,045.63
Profit After Tax 1,983.80 1,396.31 976.58

Clean Science and Technology IPO Price – Details

DescriptionIPO Details
Public IssuePublic issue [.] Equity Shares face value of ₹ 1 (aggregating up to  ₹ 1,546.62 Cr)
Issue Open  Date07-Jul-21
Issue Close Date09-Jul-21
Issue TypeBook Built 
IPO Price Band₹ 880 to ₹ 900
Face Value ₹ 1
Market Lot 16 Equity Shares and in multiples thereof
Minimum Order Quantity 16 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing BSE, NSE
NSE SymbolCLEAN
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Clean Science and Technology IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum11614,400
Maximum132081,87,200

Clean Science and Technology IPO DRHP & RHP

Clean Science and Technology IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on07-Jul-21
Bid / Offer Closes on09-Jul-21
Finalisation of Basis of Allotment14-Jul-21
Initiation of refunds 15-Jul-21
Credit of the Equity Shares16-Jul-21
Commencement of trading – Listing19-Jul-21

Clean Science and Technology IPO Lead Managers

  • Axis Capital Limited
  • JM Financial Limited
  • Kotak Mahindra Capital Company Limited

Clean Science and Technology Registrar

Company Registered and Corporate Office

Office No. 503,
Pentagon Tower P-4,
Magarpatta City,
Hadapsar,
Pune 411 013
Maharashtra, India

Company Promoters

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

Clean Science and Technology IPO – FAQS

When Clean Science and Technology IPO will open ?

The Clean Science and Technology IPO opens on July 07, 2021 and closes on July 09, 2021

What is the lot size of Clean Science and Technology IPO ?

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

What is the price band for Clean Science and Technology IPO ?

The Clean Science and Technology IPO price band at ₹ 880 – ₹ 900 per equity share

Who is the Registrar for Clean Science and Technology IPO ?

The Registrar is Link Intime India Private Limited

How to apply in Clean Science and Technology IPO through UPI?

Check the step by step process here – Click here

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