Clean Science and Technology Limited IPO: Check issue opening/closing dates, price band, bid, lot size, and other details

Clean Science and Technology Limited IPO: Check issue opening/closing dates, price band, bid, lot size, and other details

[ad_1]

Clean Science IPO date, price band, bid, lot size, issue size and other details: Clean Science and Technology Limited is a manufacturer of functionally critical specialty chemicals such as Performance Chemicals, Pharmaceutical Intermediates and FMCG Chemicals. The company is coming up with its initial public offerings from July 7. The issue will remain open for three days—July 7 to July 9. However, the bidding for anchor investors will open on July 6.

The Price Band of the Offer has been fixed at Rs. 880 to Rs. 900 per Equity Share. Bids can be made for a minimum of 16 equity Shares and in multiples of 16 Equity Shares thereafter.

The Rs 1,546.62 crore-IPO is entirely an offer for sale (OFS) by existing promoters and other shareholders. Those offering shares in the OFS include Anantroop Financial Advisory Services, Ashok Ramnarayan Boob; Krishnakumar Ramnarayan Boob; Siddhartha Ashok Sikchi; and Parth Ashok Maheshwari. Half of the issue size has been reserved for qualified institutional buyers, up to 35 per cent for retail investors, and the remaining 15 per cent for non-institutional buyers.  The face value of equity shares is Rs. 1 each.

The Equity Shares offered through this Red Herring Prospectus are proposed to be listed on BSE and NSE.

Axis Capital Limited, JM Financial Limited and Kotak Mahindra Capital Company Ltd are the Book Running Lead Managers (“BRLMs”) to the Offer.

Clean Science and Technology Limited IPO Important Dates
BID/OFFER OPENS ON Wednesday, July 7, 2021
BID/OFFER CLOSES ON Friday, July 9, 2021
Finalisation of basis of allotment with the designated stock exchange: July 14, 2021
Initiation of refunds: July 15, 2021
Credit of Equity Shares to demat accounts of Allottees:  July 16, 2021
Commencement of trading of the Equity Shares on the Stock Exchanges: July 19, 2021
 



[ad_2]

Source link

Share

Leave a Reply

Your email address will not be published. Required fields are marked *

Share This