Is it good to hold clean Science IPO?

Is it good to hold clean Science IPO?

“The company’s fundamentals are good, and I believe the IPO to be a long-term bet. Investors should hold this IPO at least for the next few years as I expect the company to grow significantly as it has a consistent track record of financial performance.

How is clean Science Technology IPO?

Clean Science and Technology shares made a bumper listing on the stock exchanges today even as bears marred the overall market sentiment. Clean Science and Technology stocks began trading on the bourses at Rs 1,784 per share, up 98.27\% or Rs 884.40 per share from the IPO price of Rs 900 apiece.

What happened to clean Science IPO?

The share allocation in Clean Science and Technology IPO has been finalised today. The initial public offer of speciality chemical manufacturer was subscribed a whopping 93.41 times, led by huge demand from qualified institutional Buyers and non-institutional investors.

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What does clean science technology do?

Clean Science And Technology Ltd. was incorporated in the year 2003 as a family-owned business enterprise. Adhering closely to our vision, we work on developing eco-friendly and sustainable manufacturing processes of specialty and fine chemicals, exporting to many countries across the world.

Can I buy clean Science IPO?

Clean Science and Technology Limited is launching its IPO. The public offer comprises an offer for the sale of equity shares worth Rs. 1,400 crores from promoters and other shareholders….Clean Science and Technology IPO Closed.

IPO date 07 Jul 2021 – 09 Jul 2021
Price range 880 – 900
Minimum order quantity 16
(D)RHP View

What is GREY market price of clean science and technology?

Clean Science share is available at a premium of Rs 450 in the grey market, the information available on the IPO Watch and IPO Central showed. The traded price comes to Rs 1,350 in the grey market, which is 50 percent higher over issue price of Rs 900, the higher end of price band.

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What is GMP of clean science IPO?

The current GMP is Rs 600-610 per equity share. Clean Science and Technology manufactures functionally critical specialty chemicals such as performance chemicals, pharmaceutical intermediates, and FMCG chemicals.

How do I check if my IPO is clean science?

How to check Clean Science IPO Allotment Status?

  1. Visit the Clean Science IPO allotment status page.
  2. Click on the green Clean Science IPO Allotment Status.
  3. Enter either PAN number, Application Number or DP Client ID of the demat account to check the Clean Science IPO allotment status.
  4. Click Search.

What is the GMP of clean science IPO?

What is the clean Science and technology IPO all about?

The initial public offer (IPO) of speciality chemical manufacturer Clean Science and Technology is in progress through which the company plans to raise Rs 1,546.62 crore. The public issue is entirely an offer for sale (OFS) by existing promoters and other shareholders. The issue opened on July 7 and will conclude on July 9.

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Is cleanclean Science & Technology a good investment?

Clean Science & Technology is a fine & specialty chemical manufacturing company, with unique & innovative chemical processes, developed in-house which work primarily on developing clean and eco-friendly manufacturing processes. On the financial front, this company has shown consistent & incremental good profits on a year-on-year basis.

Will Indian market absorb two IPOs on July 7?

The IPOs of Clean Science & Technology and GR Infraprojects will open for subscription on July 7 and conclude on July 9. Indian market, which is flooded with liquidity, should be able to absorb the two IPOs with ease, feel experts.

Why cleanclean science for anisole?

Clean Science is the only company globally to deploy vapor-phase technology for manufacturing Anisole from phenol with better atom economy and only water as effluent compared to the liquid phase manufacturing process.