Opening Date	July 07, 2021
Closing Date	July 09, 2021
Face Value	Rs. 1 per equity share
IPO Price	To be decided
Minimum Order Quantity	To be decided
Issue Size	To be decided (Rs. 1,400 crores)

 

After a short break, the mainboard IPOs have seemingly started to pick up the pace once again. Clean Science Technology Limited is the latest mainboard company to come up with an upcoming IPO. Here’s a quick overview of the key Clean Science Technology IPO details. 

• About the company 

Clean Science Technology Limited is a Pune-based company that specializes in the manufacture of various chemical compounds. Although the company was incorporated as recently as 2003, it has managed to quickly grow into a powerhouse. Its product portfolio consists of performance chemicals, FMCG chemicals, and pharmaceutical intermediates, among others. 

In addition to supplying its manufactured products to clients in India, the company also exports the same to countries such as Korea, USA, China, Taiwan, Japan, and even Europe. As a matter of fact, around 69% of Clean Science Technology’s revenue comes from export sales.    

• Clean Science Technology IPO details

Let’s now move onto the key details of the upcoming IPO of the company such as the Clean Science Technology IPO date and Clean Science Technology IPO share price. 

• Clean Science Technology IPO date

The company’s IPO has been scheduled to open up to the public for subscription on July 07, 2021. As with most of the other mainboard IPOs, this issue would come to a close after 3 days on July 09, 2021.  

• Clean Science Technology IPO issue size

Clean Science Technology’s latest IPO  has an issue size of around Rs. 1,400 crores. The entire IPO issue is a huge offer for sale (OFS) from the promoters. The number of shares up for sale has not yet been notified. 

• Clean Science Technology IPO share price

The company has not disclosed the IPO share price as of yet. More information may come to light when the final Red Herring Prospectus is filed with the SEBI. 

• Clean Science Technology IPO listing 

As has been the norm these days, the shares of Clean Science Technology would be listed on both the Bombay Stock Exchange and the National Stock Exchange. 

• Clean Science Technology IPO objectives

Since the entire issue is an OFS from the promoters, the company would not be getting any of the proceeds from this stake sale. 

Conclusion

Having a demat account is mandatory if you ever hope to invest in the Clean Science Technology IPO and conduct online trading. If you don’t have one already, visit Motilal Oswal right away to open a demat account online within minutes.

If you already have an existing account, you can  start your online trading and invest in the upcoming IPO's.

With a plethora of companies coming forward with their own IPOs in quick succession, you can keep a track of all the upcoming IPOs by regularly following our IPO calendar.

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