Clean Science IPO Subscription Status: FINAL
Clean Science and Technology Limited, incorporated in 2003, is among the few companies globally focused entirely on developing newer technologies using in-house catalytic processes, which are eco-friendly and cost-competitive.
Clean Science IPO Subscription: End of Day Update
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Clean Science IPO Subscription: Analyst Recommendations
LKP RESEARCH – SUBSCRIBE [ Report ]
“CSTL has grown its revenue at a CAGR of ~14.15% over the last three years with profitability growth of 42.5% during the same period. The company has one of the highest net profit margins in the industry at 38.71% in FY21. The ROCE of the company has increased from 50.75% in FY19 to 73.89% in FY21 signifying the efficient operations of the company”
CHOICE BROKING – SUBSCRIBE for longterm [ Report ]
“At the higher price band of Rs900, demanding valuation at Rs9,559.7 cr is derived at P/E of 48.2x on FY21 EPS, which looks expensive given the small size of revenue at Rs512 cr. On P/S basis, the issue is priced at 18.7x as compared to peer average of P/Sx of 10. Positive fundamentals are fully priced in the demanding valuation. Considering the above parameters, we believe investors should consider investment in issue for the long term.”
Aditya Birla Money, Marwadi Shares – SUBSCRIBE
Clean Science IPO Subscription: Key IPO Details
|Issue Size||₹1,546.62 Cr|
|Face Value||₹1/- per Equity Share|
|IPO Price||₹880 – ₹900|
|Lot Size||16 shares|
|Lots||Min 1 – Max 13|
Clean Science IPO Subscription: Financials
|Revenue from Ops||₹393.27 Cr||₹419.30 Cr||₹512.43 Cr|
|Profit before Excep*||₹136.54 Cr||₹182.32 Cr||₹267.30 Cr|
|Profit after Tax||₹97.66 Cr||₹139.63 Cr||₹198.38 Cr|
|As of March 2020||EPS (Avg*)||P/E (Floor)||P/E (Cap)|
|Based on basic EPS||15.26||57.67||58.98|
Comparison with listed industry peers
|Highest (Fine Organic)||75.93|
Clean Science IPO Subscription – FAQs
1. How to apply for Clean Science IPO in the Retail Category?
A: An investor in the retail category may either apply through the UPI process via DEMAT account or the ASBA process via bank account
2. How to apply for Clean Science in HNI Category?
A: An investor can apply in the HNI category only through the ASBA process via bank account
3. Where can I find the Red Herring Prospectus (RHP) details?
A: You can visit the NSE or SEBI website for these details. Alternately you can click here: RHP