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Clean Science IPO IPO

Mainline7 Jul 20219 Jul 2021
Open
7 Jul 2021
Close
9 Jul 2021
3
Allotment
Listing
Mon, Jul 19, 2021
Price Band
₹880 to ₹900
Issue Size
1,71,84,682 shares (agg. up to ₹1,547 Cr)
Lot Size
16 Shares
Listing Date
Mon, Jul 19, 2021
Latest GMP
₹615
Est. Gain
68.33%
✦ AI Insight

GMP Trend

19-07-2021615Est. ₹1515+68.33%
17-07-2021620Est. ₹1520+68.89%
16-07-2021590Est. ₹1490+65.56%

Live Subscription

CategorySubscription (times)
Total66.45x

Restated Financials (₹ Cr.)

Period Ended31 Mar 202131 Mar 202031 Mar 2019
Assets659.92429.88327.47
Total Income538.07430.17404.56
Profit After Tax198.38139.6397.66
EBITDA284.60196.15147.60
NET Worth539.67342.10272.06
Reserves and Surplus529.05340.77270.64
Total Borrowing0.332.692.60
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Laxmi Organic Industries Ltd.Mainboard₹600.00 Cr₹130null₹164.45+26.50%₹170.96 (+1.18%)
Anupam Rasayan India Ltd.Mainboard₹760.00 Cr₹555null₹526.80-5.08%₹1,269.00 (+0.25%)
Chemcon Speciality Chemicals Ltd.Mainboard₹318.00 Cr₹340null₹584.80+72.00%₹184.25 (+0.65%)
Rossari Biotech Ltd.Mainboard₹496.25 Cr₹42533.81₹741.65+74.51%₹541.55 (+1.62%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1To carry out the Offer for Sale of 17,184,682 Equity Shares aggregating to ₹15,466.22 millionby the Selling Shareholders
2Achieve the benefits of listing the Equity Shares on the StockExchanges

About Clean Science IPO

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, J

Contact Details

Clean Science & Technology Ltd. AddressOffice No.503, Pentagon Tower P-4Magarpatta City, HadapsarPune, Maharashtra, 411013+91 20 26899953compliance@cleanscience.co.inVisit Website