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Clean Science and Technology IPO allotment: Check status.

What type of company 'Clean Science and Technology' is? What business it does? Company profile: Clean Science And Technology Ltd. wa...



What type of company 'Clean Science and Technology' is? What business it does?


Company profile:

Clean Science And Technology Ltd. was incorporated in the year 2003 as a family-owned business enterprise. Company was incorporated as ‘Sri Distikemi Private Limited’ on November 7, 2003 in Pune, Maharashtra as a private limited company under the Companies Act, 1956, as amended.

Adhering closely to it's vision, it works on developing eco-friendly and sustainable manufacturing processes of specialty and fine chemicals, exporting to many countries across the world. With the primary aim of devising novel and clean processes for its products, we work extensively in developing better catalyst systems that are selective and cost-effective. Company have customers from Japan to the USA, making it a truly global organization.


What company do?

Clean Science and Technology is a chemical Manufacturing, Exporting Company in India. Company cater to global demands by delivering innovative and sustainable solutions.

Clean Science and Technology operates from 3 manufacturing facilities in Kurkumbh MIDC. Our manufacturing facilities are automated with proven design and commercialization capabilities and are in compliance with local and international regulatory requirements.

Company's family have more than 300 employees  , 100 + clients and 14 manufacturing plants.

Let's talk about company's IPO details::


Clean Science IPO Details

  • IPO Opening Date         -   Jul 7, 2021
  • IPO Closing Date           -   Jul 9, 2021
  • 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)

Application Lots Shares Amount (Cut-off)
Minimum       1        16              ₹14,400
Maximum      13       208           ₹187,200

IPO has : Subscription rate as of 9th july

Retail investors :               8.98x
Qualified Institutional investors. : 156.37x
Non- Institutional investors.      : 206.43x


REVENUE::

MARCH -18.   -247 CR.
MARCH-19.    -405 CR.
MARCH-20.    -430 CR.


PROFIT:

MARCH -18.   -45 CR.
MARCH-19.    -85 CR.
MARCH-20.    -160 CR.

TOTAL ASSETS:

MARCH -18.   -236 CR
MARCH-19.    -327 CR.
MARCH-20.    -430 CR.



Company has potential to grow, you can check IPO allotment status on Link Intime website.

Investors can also check status on BSE website.

According to sources and brokerages this company most probably going to be listed on19th july.


Thank you!

NOTE: All information are from sources/newspaper/articles these could be change here and there.
Other Information source @Groww app


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