| IPO Listing At | BSE, NSE |
| IPO Issue Type | Book Build Issue |
| Issue Size | ₹1546.62 Cr |
| Offer for Sale | ₹1546.62 Cr |
| Face Value | โน1 Per Equity Share |
| Price Band | โน880.00-900.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 543318 |
| NSE Code | CLEAN |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Kotak Mahindra Capital Co.Ltd. |
| Allotment Status | |
| DRHP | |
| RHP | |
| Final Prospectus | |
| Anchor List |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 16 shares and in multiples thereof
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
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | To carry out the Offer for Sale of 17,184,682 Equity Shares aggregating to โน15,466.22 millionby the Selling Shareholders | |
| 2 | Achieve the benefits of listing the Equity Shares on the StockExchanges |
| Period Ended | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|
| Assets | 659.92 | 429.88 | 327.47 |
| Total Income | 538.07 | 430.17 | 404.56 |
| Profit After Tax | 198.38 | 139.63 | 97.66 |
| EBITDA | 284.60 | 196.15 | 147.60 |
| NET Worth | 539.67 | 342.10 | 272.06 |
| Reserves and Surplus | 529.05 | 340.77 | 270.64 |
| Total Borrowing | 0.33 | 2.69 | 2.60 |
| Amount in ₹ Crore | |||