Clean Science And Technology Ltd. IPO
Clean Science And Technology Ltd.
IPO Listing Details
Listed On
BSE & NSE
Listed On
Issue Price
₹900
Issue Price
Listing Price
₹1,784
Listing Price
Listing Gains
+₹884.40 (+98.27%)
Listing Gains
IPO Details
Bidding Dates
07 Jul - 09 Jul '21
Bidding Dates
Min. Investment
₹14,080
Min. Investment
Lot Size
16.00
Lot Size
Price Range
₹880 - ₹900
Price Range
Issue Size
1,512 Cr
Issue Size
Subscription Rate
- Retail Individual Investor9.00x
- Non-Institutional Investor206.43x
- Qualified Institutional Buyers156.37x
- Employees0.00x
About Company
Having begun its operations in 2003, Clean Science and Technology Ltd stands at the forefront of the chemical manufacturing sector. Clean Science Technologies is responsible for manufacturing speciality chemicals that include performance chemicals and FMCG chemicals along with pharmaceutical intermediates. Products made by the company are distributed to clients located in India as well as overseas. Prominent foreign customers include Nutriad International NV, SRF Limited and Vinati Organics.
Clean Science And Technology Ltd. IPO Latest News and Subscription Status Today (Live)
The Clean Science IPO had an opening date on July 7, earlier this year followed by closing date on July 9, 2021.
The price of each equity share made available fell in the range of INR 880 to INR 900. The Clean Science and Technology IPO lot size amounted to 16 shares worth INR 14,400. Retail individual investors were entitled to apply for up to 13 lots. This meant that an individual retail investor could hold at most 208 shares worth INR 1,87,200.
Why should you invest in Clean Science And Technology Ltd. IPO?
The Clean Science and Technology IPO is worth investing in, owing to the fact that it operates with a low-risk business model. This is owed to the fact that it serves as one of the largest manufacturers of specific chemicals employed across several industries.
Set against this backdrop,, the potential for growth of this company is enormous, thereby making it a viable investment.
This belief is strengthened by the fact that it has consistently grown over the course of the past three financial years. This holds true for both its operational and financial standing.
Clean Science And Technology Ltd. IPO - SWOT Analysis
Strengths
Among its strengths lies the fact that Clean Sciences is at the forefront of Indian companies that have incorporated environment-friendly processes in order to manufacture certain forms of chemicals. These cater to global consumption levels.
Its long-standing commitments and relationships with key clientele add to its appeal.
The company values environment, health and safety and its manufacturing facilities are automated and incorporate the same ideals.
Weaknesses –
Clean Science and Technology’s group companies have suffered losses.
Owing to the fact that a large chunk of revenue is generated via the sale of the MEHQ chemical, the company is dependent upon its demand.
Not only is the field within which the company operates capital intensive, but there is a competitive market.
Opportunities –
Capital drawn in via the IPO will allow the company to expand its offerings further and potentially reduce its dependence on the sale of the MEHQ chemical alone.
Threats -
The fact that the company has not patented the processes it employs or its intellectual property can be used against it in the future by competitors.
How to apply for Clean Science And Technology Ltd. IPO?
You can apply for the Clean Science And Technology Ltd. IPO in these ways:
UPI
Link your personal bank A/C to a trusted UPI ID and map it with your TradeSmart account. Now, proceed further to book your IPO. On acceptance of the mandate, the bid amount will get blocked in your bank account Learn more.
Demat Account
1. If you are an Existing TradeSmart demat account holder and wish to apply for an Clean Science And Technology Ltd. click here.
2. If you don't have a TradeSmart Account? Sign up.
