Clean Science and Technology IPO allotment standing: The preliminary public providing (IPO) of Clean Science and Technology was subscribed 93.41 instances over the 1.23 crore shares that have been on supply in the course of the subscription interval from July 7-9, 2021. The value band was fastened at Rs 880-900 per share.
Clean Science and Technology IPO obtained bids of over 114.92 crore (1,14,92,30,160) shares in opposition to the whole problem dimension of over 1.23 crore (1,23,02,672) shares, information obtainable with the National Stock Exchange (NSE) confirmed.
The shares that are to be allotted for the certified institutional patrons (QIBs) was subscribed 156.37 instances, whereas these of non institutional traders was subscribed 206.43 instances and that of retail particular person traders (RIIs) was subscribed 9.00 instances, the info confirmed.
The Pune-based firm is into the speciality chemical section. It manufactures functionally crucial specialty chemical substances equivalent to efficiency chemical substances, pharmaceutical intermediates and FMCG chemical substances. The IPO is fully a proposal on the market (OFS) by its current promoters and different shareholders. It doesn’t contain any contemporary problem.
Investors at the moment are trying ahead to the share allotment date of the Clean Science and Technology IPO. The speciality chemical substances agency was initially is meant to finalise the allotment by Wednesday, July 14, 2021, as per the timeline offered within the pink herring prospectus. In case you have got utilized for the Clean Science and Technology IPO, then right here is how one can verify the standing of your allotment when it will get declared:
The allotment standing will get up to date on the web site of the registrar of the IPO, which on this case is Link Intime India (Click right here: https://linkintime.co.in/MIPO/Ipoallotment.html). Applicants might want to choose Clean Science and Technology Limited – IPO within the drop-down menu and enter both their PAN, utility quantity or DP Client ID. and click on on search to view their allotment standing.
Apart from the registrar’s web site, candidates also can verify the standing of their allotment on the web site of the BSE (Click right here: https://www.bseindia.com/investors/appli_check.aspx). Here, they might want to choose Equity in Issue Type, then choose CLEAN SCIENCE AND TECHNOLOGY LIMITED from the drop-down record within the Issue Name part, enter their Application Number and PAN Number within the respective bins after which click on on search to view their standing.
The itemizing of shares of Clean Science and Technology is prone to happen on Monday, July 19, 2021, on each the NSE and BSE. The problem dimension of the IPO was Rs 1,546.6 crore.
Kotak Mahindra Capital Company, Axis Capital and JM Financial have been the book-running lead managers to the supply.
