Clean Science and Technology IPO: Every important detail an investor should know

Clean Science and Technology Limited IPO – The Initial Public Offering (IPO) of Clean Science and Technology will open on 7 July 2021 (Wednesday). The market timings to subscribe this three-day issue is between 10 am and 5 pm. The IPO will conclude on 9 July 2021. If you are planning to invest in this IPO, then here is all that you need to know. 

As per SEBI a circular dated June 28,2019 all Syndicate Members, Registered Stock Brokers, DPs, RTAs shall use Unified Payments Interface (UPI) as a mandatory payment mechanism for bid amounting to Rs 2 lakhs and below for applications in public issues by retail individual investors and Share Holders. 

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Know key information about Clean Science and Technology Limited IPO

• Symbol – CLEAN
• Issue Period - 7-July 2021 to 9 July 2021
• Post issue Modification Period – 12 July 2021 between 10 am and 11 am
• Cut-off time for UPI Mandate Confirmation – 12 July 2021 up to 12pm
• Issue Size - Initial Public Offer of up to equity shares through an Offer for Sale (OFS) aggregating up to Rs 15,466,22 million
• Issue Type – 100 per cent Book Building
• Price Range – Rs 880 to Rs 900
• Face Value and Ticket Size is Re 1
• Bid Lot - 16 equity shares and in multiples thereof
• Minimum Order Quantity - 16 equity shares 
• Maximum Subscription Amount for Retail Investor – Rs 200,000
• IPO Market Timings - 10 am to 5 pm
• Book Running Lead Managers - Kotak Mahindra Capital Company Limited, Axis Capital Limited and JM Financial Limited
• Sponsor Bank - ICICI Bank Limited
• Categories - FI, IC, MF, FII, OTH, CO, IND and NOH
• Name of the Registrar - Link Intime India Private Limited

Ahead of the IPO subscription on Wednesday, Zee Business Managing Editor spoke to Clean Science and Technology Limited Executive Director Siddhartha Sikchi and asked about the company's business model. See what the Management has to say about the issue - Clean Science IPO: In chat with Anil Singhvi, Executive Director Siddhartha Sikchi says company has enough cash for 3-4 years