Clean Science and Technology Ltd IPO GMP Detail - Grey Market Premium(GMP), Kostak and Sauda Price

Clean Science and Technology Ltd IPO GMP Detail - Grey Market Premium(GMP), Kostak and Sauda Price image

The initial public offering (IPO) of Clean Science and Technology, a Pune-based company that manufactures speciality chemicals, will open for bidding on Wednesday, July 7 and close on Friday, July 9. The price band for the issue has been fixed at Rs 880-900 per share.

The promoters and shareholders of Clean Science plan to raise Rs 1,546 crore from the primary market via offer for sale.

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.

Ashok Ramnarayan Boob, Krishnakumar Ramnarayan Boob, Siddhartha Ashok Sikchi, and Parth Ashok Maheshwari are the company promoters.

Clean Science IPO Details

Issue Date07 Jul 2021 - 09 Jul 2021
Issue Size₹1546.62 Cr
Issue Price₹880-900
Market Lot16 Shares
Shares on Offer
RegistrarLink Intime
Listing Date19 Jul 2021

Clean Science IPO Grey Market Premium (GMP) Details

DateGMPKostakSubject to Sauda
02 Jul 2020₹445-450₹500-600₹4200-4400