Chittorgarh.com Logo
FREE Account Opening + No Clearing Fees + Rs 999 API Access
Loading...

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 Review

The issue is fully priced based on financial parameters. The company is milking the bullish sentiment of the secondary market as well as of its niche play. However, considering virtual monopoly in the field of its operations for many products, investment with a long term perspective is recommended. Read detail review...

Clean Science IPO Subscription Status (Bidding Detail)

The Clean Science IPO is subscribed 93.41 times on Jul 9, 2021 5:01:00 PM. The public issue subscribed 9.00 times in the retail category, 156.37 times in the QIB category, and 206.43 times in the NII category. Check Day by Day Subscription Details (Live Status)

Application Wise IPO Subscription (Retail): 7 times

CategorySubscription (times)
QIB156.37
NII206.43
Retail9.00
Total93.41

Clean Science IPO Prospectus

Clean Science IPO Rating

1507
4.2
Rating:Rated 4.2 stars
Vote Here ...

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
BSE
₹900.00
₹1,784.40
₹1,555.05
₹1,784.40
₹1,585.20
NSE
₹900.00
₹1,755.00
₹1,555.05
₹1,770.65
₹1,585.25

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

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

Clean Science IPO FAQs

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.

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.

The Clean Science IPO opens on Jul 7, 2021 and closes on Jul 9, 2021.

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

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.

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.

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

Clean Science IPO Message Board

Ranked Members  Ranked Members

Open an Instant Account with Zerodha
Loading...

1777 Comments

774. zubair n |   Link |Aug 18, 2021 1:59:15 PM
I applied Throuht Axis bank UPI bt my amount is still blocked, can anyone help me
773. arunARUN |   Link |Aug 11, 2021 9:29:07 AM
IPO Mentor IPO Mentor (900+ Posts, 700+ Likes)
Counter losing interest. Looks like that it is time to book IPO profits and reenter later
772. Pavan Venkatesh |   Link |Aug 10, 2021 1:47:44 PM
Hey Gurus, clean science results are decent but it is falling for 2 days. Can we hold it for long term or exit? I got allotment in IPO. Please give your opinion.
772.1. OptimusPrime |   Link |Aug 11, 2021 2:12:02 AM
All the IPO shares are being beaten down right now. If you''re holding this because you believe in the business, and then don''t worry, irrespective of the stock movement, they''re doing pretty well right now.
771. Maheshji |   Link |Aug 3, 2021 12:15:31 PM
My best wishes for all..
Gmp is about 90-100
Hope it''ll improve
771.1. Maheshji |   Link |Aug 3, 2021 12:18:49 PM
Sorry by mistake i posted here
I am talking about Glenmark life sciences...
770. Gaurav DD dimer |   Link |Jul 24, 2021 1:09:47 AM
If i have to sell 1 ipo due to funds needs

Which one to go first?

Gr infra
Clean science
Zomato
770.1. ravi the cool boy |   Link |Jul 24, 2021 12:21:24 PM
i think only with zomato
770.2. Anil Patidar Patel |   Link |Jul 28, 2021 8:26:53 PM
Zomato
769. Axcy |   Link |Jul 28, 2021 3:35:19 PM
Still my bid amount is blocked against the CSTL IPO.
768. Lakshmi Narayanan P. V |   Link |Jul 23, 2021 11:43:07 AM
Hi, I am new to this forum. Can anyone tell me the holding price for this share?
767. The BuLLz EyE |   Link |Jul 19, 2021 11:03:20 AM
IPO Mentor IPO Mentor (600+ Posts, 900+ Likes)
hold it
this is a gem in portfolio
767.2. My IPO application |   Link |Jul 21, 2021 11:43:24 PM
Yes @BuLLz EyE I''m holding the shares...
767.3. JIgar A |   Link |Jul 22, 2021 12:09:04 AM
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Yes, hold it
766. Chem cho |   Link |Jul 20, 2021 11:18:08 AM
IPO Guru IPO Guru (2400+ Posts, 2500+ Likes)
WAS buy @ Rs 1556 -1575 on listing day ,
Many of my freinds brought the stock
in whatapp group
still you can buy consulting your financial advisor
766.3. Roxpatel |   Link |Jul 23, 2021 9:31:47 AM
Top Contributor Top Contributor (400+ Posts, 500+ Likes)
I was little late, got chance to get it at 1600
766.4. Msharma |   Link |Jul 23, 2021 9:40:59 AM
No allotment, however bought it from mkt
765. My IPO application |   Link |Jul 21, 2021 12:10:33 AM
Guys as I said before listing I''m holding the stock you can check my previous messages as I suggested....

Thanks
764. Rafiq |   Link |Jul 15, 2021 11:11:28 AM
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
0/3 in clean science but got 1/3 in GK Infra.
764.1. PearlRohit |   Link |Jul 15, 2021 11:34:21 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
GK INFRA - YE KAUN SI COMPANY HAI. JIS KA AAPKO ALLOTMENT MILA.
764.2. Umair |   Link |Jul 20, 2021 11:03:43 PM
@Rafiq
Are you applied 3 lot in one demat account or from 3 different demat account applied in clean science and G R Infra IPO?
763. Cautious ipo |   Link |Jul 20, 2021 11:44:46 AM
IPO Guru IPO Guru (1300+ Posts, 800+ Likes)
Clean all set for upper circuit today buy immediately...never seen again below 1700 IMO....
Not a adviser but Consult your mental adviser before as well as financial adviser too
763.1. JAY LAMBA |   Link |Jul 20, 2021 12:03:07 PM
Loved the advise 😂
763.2. Gauravg |   Link |Jul 20, 2021 6:31:36 PM
Are bhai kal bol raha tha sell clean buy gr. Avoid bol raha hai upper circuit?? Apparently gyan apne pas rakho
762. girishkumarj |   Link |Jul 20, 2021 11:59:39 AM
On a falling market, sell the strength of this company. People who understand the value of the company uses this opportunity to accumulate this gem. Very shortly you can see this stock at Rs 2000 and by next Q3 results it would be Rs 2500
762.1. girishkumarj |   Link |Jul 20, 2021 4:23:25 PM
See my msg that i have given in the morning. and today 10% up on the clean science. Very short term it will move to Rs 2000.
761. zubair n |   Link |Jul 20, 2021 3:05:02 PM
I applied Throuht Axis bank UPI bt my amount is still blocked, can anyone help me
760. stalingard |   Link |Jul 17, 2021 10:57:16 AM
AXIS Bank - holders who applied for Clean Science IPO and the fund hasnt been released?
760.2. Dharmesh Vekariya |   Link |Jul 19, 2021 8:22:54 PM
G r infra fund not release using axis bhim
760.3. zubair n |   Link |Jul 20, 2021 3:02:52 PM
Still my amount is blocked, can any one help me
759. PARMOD KUMAR |   Link |Jul 20, 2021 2:56:16 PM
I have been allotted 1 lot of clean science . Amount deducted but still not credited in demat account . Plz tell what to do now
Contact etc . Plz tell appropriate way
758. Ramachandra |   Link |Jul 20, 2021 12:42:35 PM
hold clean
757. Ramachandra |   Link |Jul 20, 2021 9:51:05 AM
Clean Science is like blank cheque
757.1. Monster Zero |   Link |Jul 20, 2021 11:08:50 AM
IPO Guru IPO Guru (1200+ Posts, 500+ Likes)
That stays in the cheque booklet with other cheque''s...
😂
757.2. Cautious ipo |   Link |Jul 20, 2021 11:56:33 AM
IPO Guru IPO Guru (1300+ Posts, 800+ Likes)
Tomorrow 2000 ??
756. rohan sharma |   Link |Jul 19, 2021 10:52:14 AM
Sold in pre market at 1755 , booked 95% listing gain , amazing , 21 din ki wajah 7 din me paisa double hahaha
756.8. rohan sharma |   Link |Jul 20, 2021 8:17:09 AM
@Hiren why are you taking your fathers name in a public forum 😂
756.9. rohan sharma |   Link |Jul 20, 2021 8:22:32 AM
@Rabby no it is not shown in brokers app , it is shown on nse and bse websites , seach - "new listing NSE" on google click on first link there you can see the new listings on that day , click on the name of company .
755. Eagleye |   Link |Jul 17, 2021 10:35:57 PM
IPO Guru IPO Guru (6200+ Posts, 20800+ Likes)


CLEAN Science = DO NOT SELL @9:45am
755.6. VSPATEL |   Link |Jul 18, 2021 3:40:31 PM
blank price means ?
755.7. Gauravg |   Link |Jul 20, 2021 1:48:27 AM
Are fas gaye nahi beck ke 200 rs niche aa gaya, 9.45 me 1750 ke upar ja raha tha....