
Materials & Chemicals · NSE / BSE
Clean Science and Technology Ltd, incorporated in 2003, is a leading global manufacturer of specialty chemicals. The company produces functionally critical chemicals across three categories: Performance Chemicals (MEHQ, BHA, AP), Pharmaceutical Intermediates (Guaiacol, DCC), and FMCG Chemicals (4-MAP, Anisole). Its products are supplied to manufacturers and distributors both in India and internationally, including markets in China, Europe, the USA, Korea, Taiwan, and Japan, with key customers like Bayer AG, Genex Laboratories, Nutriad International NV, SRF Limited, and Vinati Organics. In fiscal 2020, 69% of the company’s revenue came from exports. Clean Science operates two production facilities in Kurkumbh, Maharashtra, with a combined installed capacity of 29,900 MTPA as of December 31, 2020.
Price Band
₹880 – ₹900
Issue Size
₹1547 Cr
Lot Size
16 shares
GMP
+68.3%
Est. Listing
₹1515
at current GMP
Subscribed
—
Open
7 Jul 2021
Close
9 Jul 2021
Allotment
15 Jul 2021
Refund
16 Jul 2021
Demat Credit
17 Jul 2021
Listing
19 Jul 2021
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 8,594,444 | — | 0.00x |
| Non-Institutional (NII / HNI) | 2,578,333 | — | 0.00x |
| Retail Individual (RII) | 6,016,111 | — | 0.00x |
| Total | 17,188,888 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 376,007 | 376,007 | 1.00x |
| HNIs (10L +) | 2,405 | 2,405 | 1.00x |
| HNIs (2-10L) | 11,510 | 11,510 | 1.00x |
| Total Applications | 389,922 | 389,922 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Clean Science and Technology Limited is bringing an initial public offering (IPO) in the Materials & Chemicals sector with an aggregate issue size of ₹1,547 Crores. The shares are offered at a price band of ₹880 to ₹900 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2021-07-09, the basis of allotment is scheduled to be finalized on 2021-07-15. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for Clean Science and Technology Limited IPO is ₹615 per equity share. Based on the upper price band of ₹880 to ₹900 per equity share, the estimated listing price is ₹1515 (+68.3% expected listing gain).
With a lot size of 16 shares and current GMP of ₹615, the expected profit per application lot is approx ₹9,840 (+68.3% gain). Minimum application cost is approx ₹14,400.
The Clean Science and Technology Limited IPO aggregate issue size is ₹1,547 Crores with an equity price band set at ₹880 to ₹900 per equity share. The retail lot size is 16 shares requiring a minimum capital outlay of approx. ₹14,400.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2021-07-15. Investors can verify status using PAN card or application number.
Clean Science and Technology Limited shares are scheduled to list on NSE and BSE on 2021-07-19.