
✓
Open
7 Jul 2021
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Close
9 Jul 2021
3
Allotment
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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
19-07-2021₹615Est. ₹1515+68.33%
17-07-2021₹620Est. ₹1520+68.89%
16-07-2021₹590Est. ₹1490+65.56%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 66.45x |
Restated Financials (₹ Cr.)
| 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 |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Laxmi Organic Industries Ltd. | Mainboard | ₹600.00 Cr | ₹130 | null | ₹164.45 | +26.50% | ₹170.96 (+1.18%) |
| Anupam Rasayan India Ltd. | Mainboard | ₹760.00 Cr | ₹555 | null | ₹526.80 | -5.08% | ₹1,269.00 (+0.25%) |
| Chemcon Speciality Chemicals Ltd. | Mainboard | ₹318.00 Cr | ₹340 | null | ₹584.80 | +72.00% | ₹184.25 (+0.65%) |
| Rossari Biotech Ltd. | Mainboard | ₹496.25 Cr | ₹425 | 33.81 | ₹741.65 | +74.51% | ₹541.55 (+1.62%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To carry out the Offer for Sale of 17,184,682 Equity Shares aggregating to ₹15,466.22 millionby the Selling Shareholders | |
| 2 | Achieve 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