31 Mar 2019
Assets327.47
Total Income404.56
EBITDA147.60
Profit After Tax97.66
NET Worth272.06
Reserves and Surplus270.64
Total Borrowing2.60
At a glance
Updated 2026-09-19The shares listed at ₹1,755.00, a 95.00% move from the issue price. Clean Science and Technology is a Mainboard IPO with an issue size of ₹1,546.62 crore, proposed for listing on BSE, NSE. The offer opens on 7th Jul 2021 and closes on 9th Jul 2021. The issue structure includes an offer-for-sale component of ₹1,546.62 crore. The current listing schedule points to 19th Jul 2021.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹1,546.62 Cr
Offer for sale₹1,546.62 Cr
Face value₹1
Price band₹880.00–₹900.00
Allotment14th Jul 2021
Listing19th Jul 2021
Listing performance
Full performance ↗Issue price₹900.00
Listing price₹1,755.00
Current price—
Listing gain95.00%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹615.00
GMP / upper price68.33%
Est. listing₹1,515.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens7th Jul 2021
Closes9th Jul 2021
Allotment14th Jul 2021
Refund15th Jul 2021
Demat16th Jul 2021
Listing19th Jul 2021
Subscription demand
Full bidding ↗Total93.41×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 16 | ₹14,400 |
Company
Incorporated2003
Use of proceeds
| Object | Amount |
|---|---|
| To carry out the Offer for Sale of 17,184,682 Equity Shares aggregating to ₹15,466.22 millionby the Selling Shareholders | — |
| Achieve the benefits of listing the Equity Shares on the StockExchanges | — |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue538.07₹ Cr · +25.1% vs prior year
EBITDA284.60₹ Cr · +45.1% vs prior year
PAT198.38₹ Cr · +42.1% vs prior year
Assets659.92₹ Cr · +53.5% vs prior year
Net Worth539.67₹ Cr · +57.8% vs prior year
Borrowing0.33₹ Cr · -87.7% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2020
Assets429.88
Total Income430.17
EBITDA196.15
Profit After Tax139.63
NET Worth342.10
Reserves and Surplus340.77
Total Borrowing2.69
31 Mar 2021
Assets659.92
Total Income538.07
EBITDA284.60
Profit After Tax198.38
NET Worth539.67
Reserves and Surplus529.05
Total Borrowing0.33
KPIs
| KPI | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | BRLMs’ fees and commissions (including underwriting commission, brokerage and selling commission) | 32.84 |
| 2 | Selling commission/processing fee for SCSBs and Bankers to the Offer and fee payable to the Sponsor Bank | 8.51 |
| 3 | Fees payable to the Registrar to the Offer | 0.36 |
| 4 | Fees payable to the Other advisors to the Offer | 1.6 |
| 5 | SEBI filing fees, upload fees, the Stock Exchanges processing fees, book building software fees and other regulatory expenses | 3.97 |
| 6 | Printing and stationery | 1.86 |
| 7 | Advertising and marketing expenses | 2.94 |
| 8 | Fee payable to legal counsels | 3.7 |
| 9 | Miscellaneous | 8.51 |
Valuation & shareholding
Post-IPO P/E.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Clean Science and Technology IPO | — | 48.18 x | — | — |
| Prasol Chemicals IPO | — | 48.13 x | — | — |
| Kronox Lab IPO | — | 24.47 x | — | — |
| Archean Chemical IPO | — | 16.78 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| BRLMs’ fees and commissions (including underwriting commission, brokerage and selling commission) | ₹32.84 Cr |
| Selling commission/processing fee for SCSBs and Bankers to the Offer and fee payable to the Sponsor Bank | ₹8.51 Cr |
| Fees payable to the Registrar to the Offer | ₹0.36 Cr |
| Fees payable to the Other advisors to the Offer | ₹1.60 Cr |
| SEBI filing fees, upload fees, the Stock Exchanges processing fees, book building software fees and other regulatory expenses | ₹3.97 Cr |
| Printing and stationery | ₹1.86 Cr |
| Advertising and marketing expenses | ₹2.94 Cr |
| Fee payable to legal counsels | ₹3.70 Cr |
| Miscellaneous | ₹8.51 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- Kotak Mahindra Capital Co.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-19.
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