Clean Science and Technology Ltd is coming out with an IPO on July 07, 2021 with a price band of Rs.880 to Rs.900 per equity share. Incorporated in 2003, the company 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.

Financials

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

Clean Science IPO Important 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

Clean Science IPO Important dates

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

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