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News Details

( As on 19/07/2021 10:00)

Clean Science & Technology Ltd. debuts with 98.26% premium at Rs 1,784.40

Clean Science & Technology Ltd. makes a strong debut on the bourses with scrip got listed at Rs 1,784.40 on the Bombay Stock Exchange, a 98.26 per cent premium to its issue price of Rs 900.00. On the National Stock Exchange, the stock was listed at Rs 1,755.00.

The company, which raised 1.72 Cr from initial public offering, was subscribed 94.63 times, receiving bids for 16,262.39 lakhs shares against the total issue size of 171.85 lakhs shares.

The company, listed under B Group Securities post its IPO, opened for subscription from Jul 07 to Jul 09.

Following a strong opening, the scrip touched an intraday high of Rs [BSEHighPrice] and a low of Rs [NSEHighPrice], before closing the session [UpDown] by [ChangePer] per cent to its listing price at Rs [ClosingPriceBSE] on the BSE.

The company anticipates using the proceeds of the issue for .

Axis Capital Ltd.,Kotak Mahindra Capital Company Limited,JM Financial Ltd. as lead managers & Link Intime India Private Limited is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 53,140.06, down 18.79 points, or 0.03 per cent.