Clean Science and Technology Limited IPO
Clean Science and Technology Limited was a mainboard IPO in the Specialty Chemicals sector, offered at ₹880–₹900 per share to raise ₹1,547 crore. The issue was subscribed 93.41× overall (QIBs 156.37×, NIIs 206.43×, retail 9×). It listed on 19 Jul 2021 at ₹1,755 and closed its first day at ₹1,585, a listing gain of +76.1% versus the ₹900 issue price. It now trades around ₹716 (-20.5% versus the issue price).
Frequently asked questions
- How many times was the Clean Science and Technology Limited IPO subscribed?
- The Clean Science and Technology Limited IPO was subscribed 93.41× overall — 156.37× in the QIB category, 206.43× among non-institutional investors, 9× in retail.
- What were the Clean Science and Technology Limited IPO listing gains?
- Clean Science and Technology Limited listed on 19 Jul 2021 at ₹1,755, closing its first day at ₹1,585 — a listing gain of +76.1% versus the ₹900 issue price.
- What were the retail allotment odds for the Clean Science and Technology Limited IPO?
- Retail was subscribed 9×, so a single-lot application had roughly a 11.1% chance of allotment (about 1 in 9), and allotment was finalised on 13 Jul 2021.
- What was the price band and lot size of the Clean Science and Technology Limited IPO?
- The price band was ₹880–₹900 per share, with a minimum lot of 16 shares (₹14,400 at the upper band).
- Who were the registrar and lead manager for the Clean Science and Technology Limited IPO?
- Link Intime India Private Limited was the registrar, and Kotak Mahindra Capital was the book-running lead manager.