Clean Science and Technology Limited
IPO Details
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Lot Distribution
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Company Fin.
₹615(68.33%)
Premium (ELP)
The public market debut of Clean Science and Technology Limited's was completed on Jul 19, 2021 with its listing on the NSE, BSE exchange. The IPO process raised 1,71,84,682 Shares in total capital, consisting of TBD in new equity and ₹1546.62 Cr in existing share sales through the OFS route.
The offering featured a price range of ₹880 to ₹900 and minimum application size of 16 shares. Investor response during the subscription period from Jul 07, 2021 to Jul 09, 2021 influenced the final allotment ratios across investor categories.
Final allotment was announced on Jul 15, 2021, distributing shares to successful subscribers. The listing established a continuous market for the company's shares, enabling liquidity, valuation transparency, and broader investor participation.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Clean Science and Technology Ltd, incorporated in 2003, is a leading global manufacturer of specialty chemicals. The company produces functionally critical chemicals across three categories: Performance Chemicals (MEHQ, BHA, AP), Pharmaceutical Intermediates (Guaiacol, DCC), and FMCG Chemicals (4-MAP, Anisole). Its products are supplied to manufacturers and distributors both in India and internationally, including markets in China, Europe, the USA, Korea, Taiwan, and Japan, with key customers like Bayer AG, Genex Laboratories, Nutriad International NV, SRF Limited, and Vinati Organics. In fiscal 2020, 69% of the company’s revenue came from exports. Clean Science operates two production facilities in Kurkumbh, Maharashtra, with a combined installed capacity of 29,900 MTPA as of December 31, 2020.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Leading Chemical Supplier: Provides key chemicals like Ansole, 4-MAP, MEHQ, BHA, DCC, and more.
- Strategic Manufacturing Location: Facility near JNPT port for efficient exports.
- Strong Customer Relationships: Maintains long-term ties with key clients.
- Consistent Financials: Proven track record of stable financial performance.
- Global Presence: Exports to countries including China, USA, Korea, Japan, Taiwan, and others.
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- Ashok Ramnarayan Boob
- Krishnakumar Ramnarayan Boob
- Siddhartha Ashok Sikchi
- Parth Ashok Maheshwari
Clean Science and Technology Limited
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