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Tag: clean science and technology ipo

  • Clean Science and Technology makes a stellar debut in inventory markets, lists 98% above problem worth on BSE

    Clean Science and Technology share worth: Shares of Clean Science and Technology made a stellar debut on the inventory exchanges at present itemizing over 98 per cent increased than their problem worth.
    The scrip obtained listed at Rs 1,784.40 apiece on the BSE, thereby registering a acquire of 98.27 per cent from its provide worth of Rs 900. On the National Stock Exchange (NSE), it opened at Rs 1,755.00, up 95 per cent from the difficulty worth.
    However, the inventory failed to carry on to its opening positive factors and slowly gave up a few of its intial momentum and touched an intraday low of Rs 1,555.05 on NSE and BSE to date within the day.
    At 10:35 am, the scrip was buying and selling at Rs 1,601.85 on the BSE, up 77.98 per cent from the difficulty worth whereas on NSE it was at Rs 1,613.05.

    Over 89 lakh shares of Clean Science and Technology have been traded on the NSE through the first 40 minutes of commerce, whereas over 8.32 lakh shares exchanged fingers on the BSE, information from the respective inventory exchanges confirmed.
    The Rs 1,546.6 crore IPO of Clean Science and Technology met a sturdy demand throughout its provide interval from July 7-9. The problem was oversubscribed by a whopping 93.41 occasions.
    The Pune-based firm is into the specialty chemical phase. It manufactures functionally important specialty chemical compounds reminiscent of efficiency chemical compounds, pharmaceutical intermediates and FMCG chemical compounds.

  • Clean Science and Technology IPO allotment standing: Here is how one can verify your shares

    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.

  • IPO Wrap: Clean Science IPO subscribed 93.41 instances; GR Infraprojects IPO subscribed 102.58 instances

    The two preliminary public choices (IPOs) of Clean Science and Technology and GR Infraprojects, which have been launched earlier this week have been met with sturdy demand by the traders.
    Clean Science IPO was subscribed 93.41 instances on the ultimate day, whereas GR Infraprojects IPO witnessed 102.58 instances subscription by the top, knowledge accessible on the BSE confirmed.
    The Clean Science and Technology IPO obtained bids for over 114.92 crore (1,14,92,30,160) shares in opposition to the overall subject measurement of 1.23 crore (1,23,02,672) shares, the BSE knowledge 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 1,546.6 crore IPO of the specialty chemical agency had opened for subscription on Wednesday, July 7, 2021, and concluded at 5 pm at this time. It had a worth band of Rs 880-900 per share and earlier than heading into the IPO, Clean Science and Technology raised almost Rs 464 crore (Rs 463,98,63,600) from 41 anchor traders in lieu of 51,55,404 fairness shares at Rs 900 every.
    Speaking of GR Infraprojects, the IPO of the infrastructure agency obtained bids for over 83.33 crore (83,33,04,538) shares in opposition to the overall subject measurement of over 81.23 lakh (81,23,594) shares, in keeping with the inventory change knowledge.
    The shares that are to be allotted for the QIBs was subscribed 168.58 instances, whereas these of non institutional traders was subscribed 238.04 instances and that of RIIs was subscribed 12.57 instances. Separately, shares for the staff’ section was subscribed 1.37 instances, the info confirmed.

    The Rs 963 crore GR Infraprojects IPO too had opened for subscription on Wednesday, July 7, 2021, and concluded at this time. It had a worth band of Rs 828-837 per share and earlier than heading into the IPO, the Udaipur-based infrastructure firm raised a bit of over Rs 283 crore (Rs 283,33,37,070.00) from 47 anchor traders in lieu of 33,85,110 fairness shares at Rs 837 every.
    Going forward, traders will now sit up for the share allotment date of each points. The finalisation of the idea of allotment for each GR Infraprojects and Clean Science and Technology is predicted to happen on Wednesday, July 14, 2021, as per the knowledge offered within the pink herring prospectus of each corporations.

  • Clean Science and Technology IPO opens on Wednesday: Everything it is advisable know

    Clean Science and Technology IPO opens on Wednesday: Everything it is advisable know

  • Clean Science and Technology to launch IPO on July 7; units worth band at Rs 880-890/share

    Speciality chemical producer Clean Science and Technology on Friday stated it has fastened a worth band of Rs 880-890 a share for its over Rs 1,546 crore-initial public provide.
    The three-day preliminary public provide (IPO) will open on July 7 and conclude on July 9.The bidding for anchor traders will open on July 6, the corporate introduced in a digital press convention.
    The Rs 1,546.62 crore-IPO is completely a suggestion on the market (OFS) by current promoters and different shareholders.
    Those providing shares within the OFS embrace Anantroop Financial Advisory Services, Ashok Ramnarayan Boob; Krishnakumar Ramnarayan Boob; Siddhartha Ashok Sikchi; and Parth Ashok Maheshwari.

    Half of the difficulty dimension has been reserved for certified institutional patrons, as much as 35 per cent for retail traders, and the remaining 15 per cent for non-institutional patrons.
    Clean Science Technology manufactures functionally crucial specialty chemical compounds equivalent to efficiency chemical compounds, pharmaceutical intermediates and FMCG chemical compounds.
    Its merchandise are used as key beginning stage supplies, as inhibitors, or as components, by clients, for merchandise.
    Clean Science and Technology is understood for a longtime market place and dominant presence in key specialty chemical merchandise, well-diversified clientele, and software of the merchandise largely in industries manufacturing necessities which limits influence of COVID-19 pandemic.
    The firm has a number of manufacturing amenities in Kurkumbh, MIDC Maharashtra which are automated to take care of excessive ranges of accuracy and effectivity.
    The Pune-based firm’s clients embrace producers and distributors in India in addition to different worldwide markets together with China, Europe, the US, Taiwan, Korea, and Japan.

    Nearly two-third of the corporate’s revenues come from exports.
    Axis Capital, JM Financial and Kotak Mahindra Capital have been appointed as service provider bankers to the difficulty. The fairness shares of the corporate might be listed on NSE and BSE.

  • Clean Science, Shriram Properties, GR Infraprojects get Sebi nod for IPO

    Three firms — Clean Science and Technology, Shriram Properties and GR Infraprojects — have acquired markets regulator Sebi’s to boost funds by means of preliminary public provides (IPOs).
    The three corporations had filed their preliminary papers with Securities and Exchange Board of India (Sebi) in April.
    Clean Science and Technology, Shriram Properties and GR Infraprojects have obtained Sebi’s observations on June 12, June 15 and June 16 respectively, in keeping with an replace with Sebi.
    Sebi’s commentary could be very crucial for any firm to launch an preliminary public supply (IPO), follow-on public supply (FPO) and rights problem.

    Speciality chemical producer Clean Science and Technology plans to boost Rs 1,400 crore by means of its preliminary share sale.
    The IPO is fully a proposal on the market (OFS) by current promoters and different shareholders, in keeping with draft purple herring prospectus.
    Those providing shares within the OFS embody Anantroop Financial Advisory Services, Ashok Ramnarayan Boob, Krishnakumar Ramnarayan Boob, Siddhartha Ashok Sikchi, and Parth Ashok Maheshwari.
    Clean Science Technology manufactures functionally essential specialty chemical substances reminiscent of efficiency chemical substances, pharmaceutical intermediates and FMCG chemical substances.
    Its merchandise are used as key beginning degree supplies, as inhibitors, or as components, by prospects, for merchandise.
    Bengaluru-based Shriram Properties proposes to boost as much as Rs 800 crore by means of IPO.
    Out of the overall IPO measurement, it plans to boost Rs 250 crore by means of recent problem of fairness shares and Rs 550 crore by means of supply on the market.
    Shriram Properties has proposed partial exits to its 4 current traders –TPG Capital, Tata Capital, Walton Street Capital and Starwood Capital — which maintain round 58 per cent stake within the firm.
    In supply on the market, every of the promoting shareholders might be entitled to their respective portion of the proceeds from the supply on the market in proportion of the shares supplied by them. The firm won’t obtain any proceeds from the supply on the market.
    Shriram Properties proposes to utilise the web proceeds from the recent problem in direction of reimbursement and/ or pre-payment of debt and common company functions.
    The firm has a significant presence in South India. It has accomplished numerous actual property tasks and lots of tasks are below building.
    GR Infraprojects plans to boost Rs 800-1,000 crore by means of an preliminary share sale, in keeping with service provider banking sources.
    The public problem might be a whole OFS of 1,15,08,704 fairness shares by promoter and investor promoting shareholders, in keeping with the draft purple herring prospectus.
    The supply contains an worker reservation portion as nicely.
    Those providing shares within the OFS embody Lokesh Builders, Jasamrit Premises, Jasamrit Fashions, Jasamrit Creations, Jasamrit Construction and India Business Excellence Fund.

    Udaipur-based GR Infraprojects is a number one built-in highway engineering, procurement and building (EPC) firm with expertise within the design and building of assorted highway and freeway tasks throughout 15 states in India. It has just lately diversified into tasks within the railway sector.
    The fairness shares of those firms are proposed to be listed on BSE and NSE.