Clean Science and Technology Ltd IPO (Clean Science IPO)

Clean Science IPO
Clean Science IPO Upcoming | New Clean Science IPO

Launched in 2003, Clean Science and Technology Ltd is one of the world’s leading chemical manufacturers. It produces specialty active chemicals such as Performance Chemicals (MEHQ, BHA, and AP), Pharmaceutical Intermediates (Guaiacol and DCC), and FMCG Chemicals (4-MAP and Anisole).

The company supplies its products to its manufacturers and distributors in India and overseas markets namely China, Europe, USA, Korea, Taiwan and Japan. Bayer AG, Genex Laboratories Limited, Nutriad International NV, SRF Limited, Vinati Organics with its few customers. By 2020 fiscal year, it generated 69% of its revenue by exporting to India.

Clean Science has two production centers in Kurkumbh (Maharashtra) with a combined production capacity of 29,900 MTPA as of December 31, 2020.

Clean Science IPO 2021

Competitive Strengths

  • Globally leading supplier of certain chemicals; Ansole, 4-MAP, MEHQ, BHA, DCC, etc.
  • Strategically located manufacturing facility with close proximity to JNPT port to export products.
  • Strong long-term relationship with key customers.
  • Consistent track record of financial performance.
  • International presence with export to several countries i.e. China, USA, Korea, Japan, Taiwan, etc.

Company Promoters

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

Company Financials

ParticularsFor the year/period ended (₹ in million)
31-Dec-2031-Mar-2031-Mar-19
Total Assets5,711.854,298.793,274.73
Total Revenue3,984.644,301.654,045.63
Profit After Tax1,452.651,396.31976.58

Objects of the Issue

  • To make an offer for sale of equity shares aggregating to Rs. 1,5466.22 million.
  • To achieve the share listing benefits on the BSE and NSE.
Clean Science IPO
Object Of issue

Clean Science IPO Details

IPO Opening DateJuly 07, 2021
IPO Closing DateJuly 09, 2021
Issue TypeBook Built Issue IPO
Issue Size1546.62 Cr
Face Value₹1 per equity share
IPO Price[880] to [900] per equity share
Market Lot16 Shares
Min Order Quantity16 Shares
Listing AtBSE SME
Total Share Issue1,15,08,704 Equity Share
RegisterLinkintime

Clean Science IPO – Timetable

IPO Open DateJul 07, 2021
IPO Close DateJul 09, 2021
Basis of Allotment DateJul 14, 2021
Initiation of RefundsJul 15, 2021
Credit of Shares to Demat AccountJul 16, 2021
IPO Listing DateJul 19, 2021

Clean Science IPO Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Minimum11614,400
Maximum132081,87,200

Company Contact Information

Clean Science and Technology Ltd
Office No. 503, Pentagon Tower P-4
Magarpatta City, Hadapsar, Pune 411 013

Phone: +91 20 26899953
Email: compliance@cleanscience.co.in
Websitehttp://www.cleanscience.co.in/

Clean Science IPO FAQs

What is Clean Science IPO?

Clean Science IPO is a main-board IPO of [1,15,08,704] equity shares of the face value of ₹1 aggregating up to ₹1,546.62 Crores. The issue is priced at ₹880 to ₹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.
When Clean Science IPO will open?

Clean Science IPO lot size is 16 Shares and the minimum order quantity is 16 Shares.
What is the lot size of Clean Science IPO?

The Clean Science IPO opens on Jul 7, 2021 and closes on Jul 9, 2021.
How to apply for Clean Science IPO?

You can apply in Clean Science IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services.
When is Clean Science IPO listing date?

The Clean Science IPO listing date is announced. The date of Clean Science IPO listing is JULY 19, 2021.

LIST OF UPCOMING IPOs