Clean Science and Technology is likely to finalise its IPO share allotment on Wednesday. Earlier, the public offer of the company was subscribed over 93 times on the final day of subscription on July 9. The three-day IPO received bids for 1,14,92,30,160 shares against 1,23,02,672 shares offered by the company. The equity shares of the company will be listed on NSE and BSE. The offer was managed by Kotak Mahindra Capital Company Limited, Axis Capital Limited, and JM Financial Limited. The IPO was an offer for sale (OFS) by existing promoters and other shareholders.
The quota reserved for qualified institutional buyers (QIBs) was subscribed 156.37 times, non-institutional investors 206.43 times, and retail individual investors (RIIs) 9 times. The company is engaged in the business of specialty chemicals such as performance chemicals, pharmaceutical intermediates, and FMCG chemicals. The Pune-based company’s customers include manufacturers and distributors in India as well as other international markets, including China, Europe, the US, Taiwan, Korea, and Japan.
Market participants are now looking forward to the share allotment status. Investors can check their allotment status by using any one of the below two methods:
Go to the website of the IPO registrar, Link Intime India or click on https://linkintime.co.in/IPO/public-issues.html
Select IPO (Clean Science and Technology)
Then, select one of the options from PAN, application number, DP/Client ID, account number or IFSC code. Then enter the necessary details and click on the submit button to know the IPO share allotment status.
Go to BSEIndia.com or click
Click on investors > Status of Issue Application > Application Status Check or (visit the link: https://www.bseindia.com/investors/appli_check.aspx)
Select issue type (equity) and Issue Name (GR Infraprojects).
Enter the application number and PAN Number.
Click on the search button to know the IPO allotment status.