Clean Science and Technology Ltd IPO (Clean Science IPO) Detail

Jul 7, 2021 - Jul 9, 2021

Incorporated in 2003, Clean Science and Technology Ltd is one of the leading chemical manufacturers globally. It manufactures functionally critical specialty 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 manufacturers and distributors in India as well as overseas markets i.e. China, Europe, USA, Korea, Taiwan, and Japan. Bayer AG, Genex Laboratories Limited, Nutriad International NV, SRF Limited, Vinati Organics are a few of its customers. In fiscal 2020, it generated 69% of revenues through export outside India.

Clean Science has two production facilities at Kurkumbh (Maharashtra) with an aggregated installed production capacity of 29,900 MTPA as of Dec 31, 2020.

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:

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in million)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	6,599.17	4,298.79	3,274.73
Total Revenue	5,380.71	4,301.65	4,045.63
Profit After Tax	1,983.80	1,396.31	976.58

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 Details

IPO Opening Date	Jul 7, 2021
IPO Closing Date	Jul 9, 2021
Issue Type	Book Built Issue IPO
Face Value	₹1 per equity share
IPO Price	₹880 to ₹900 per equity share
Market Lot	16 Shares
Min Order Quantity	16 Shares
Listing At	BSE, NSE
Issue Size	[.] Eq Shares of ₹1 (aggregating up to ₹1,546.62 Cr)
Offer for Sale	[.] Eq Shares of ₹1 (aggregating up to ₹1,546.62 Cr)

Clean Science IPO Tentative Timetable

The Clean Science IPO open date is Jul 7, 2021, and the close date is Jul 9, 2021. The issue may list on Jul 19, 2021.

IPO Open Date	Jul 7, 2021
IPO Close Date	Jul 9, 2021
Basis of Allotment Date	Jul 14, 2021
Initiation of Refunds	Jul 15, 2021
Credit of Shares to Demat Account	Jul 16, 2021
IPO Listing Date	Jul 19, 2021

Clean Science IPO Lot Size

The Clean Science IPO market lot size is 16 shares. A retail-individual investor can apply for up to 13 lots (208 shares or ₹187,200).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	16	₹14,400
Maximum	13	208	₹187,200

Clean Science IPO Promoter Holding

Pre Issue Share Holding	94.66%
Post Issue Share Holding	78.51%

Clean Science IPO Subscription Status (Bidding Detail)

The Clean Science IPO is subscribed 93.41x times on Jul 9, 2021 17:01. The public issue subscribed 9.00x in the retail category, 156.37x in the QIB category, and 206.43x in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
QIB	156.37x
NII	206.43x
RII	9.00x
Total	93.41x

Note: Clean Science IPO application wise subscription: 7 times

Clean Science IPO Prospectus

› Clean Science IPO DRHP
› Clean Science IPO RHP

Clean Science IPO Rating

1507

4.2

Rating:

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Clean Science IPO Listing Date

Listing Date	Monday, July 19, 2021
BSE Script Code	543318
NSE Symbol	CLEAN
Listing In	B Group of Securities
ISIN	INE227W01023
IPO Price	₹900 per equity share
Face Value	₹1 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

BSE
₹900.00
₹1,784.40
₹1,555.05
₹1,784.40
₹1,585.20
1,087,103

NSE
₹900.00
₹1,755.00
₹1,555.05
₹1,770.65
₹1,585.25
13,548,172

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
Website: http://www.cleanscience.co.in/

Clean Science IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: cleanscience.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Clean Science IPO Lead Manager(s)

Lead Manager Reports

Clean Science IPO FAQs

What is Clean Science IPO?

Clean Science IPO is a main-board IPO of [.] 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.
How to apply in Clean Science IPO through Zerodha?
Zerodha customers can apply online in Clean Science IPO using UPI as a payment gateway. Zerodha customers can apply in Clean Science IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Clean Science IPO through Zerodha
1. Visit the Zerodha website and login to Console.
2. Go to Portfolio and click the IPOs link.
3. Go to the 'Clean Science IPO' row and click the 'Bid' button.
4. Enter your UPI ID, Quantity, and Price.
5. ‘Submit’ IPO application form.
6. Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Zerodha IPO Application Process Review for more detail.
When Clean Science IPO will open?

The Clean Science IPO opens on Jul 7, 2021 and closes on Jul 9, 2021.
What is the lot size of Clean Science IPO?

Clean Science IPO lot size is 16 Shares and the minimum order quantity is 16 Shares.
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. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
When Clean Science IPO allotment?

The finalization of Basis of Allotment for Clean Science IPO will be done on Jul 14, 2021, and the allotted shares will be credited to your demat account by Jul 16, 2021. Check the Clean Science IPO allotment status.
When is Clean Science IPO listing date?

The Clean Science IPO listing date is on Monday, July 19, 2021.

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