CLEAN SCIENCE & TECHNOLOGY LTD
Clean Science And Technology Ltd. was incorporated in the year 2003 as a family-owned business enterprise. The company works on developing eco-friendly and sustainable manufacturing processes of speciality and fine chemicals, exporting to many countries worldwide. The company are proud of its manufacturing facilities in Kurkumbh, MIDC (Maharashtra, India) that are automated to maintain high levels of accuracy and efficiency. Their Quality Control department is equipped with all the required testing facilities to analyse incoming, in-process, and finished products seamlessly.
Clean Science and Technology Ltd. has customers from Japan to the USA, making it a truly global organisation. Its mission is to be a global chemical company. Clean science & technology ltd wants to create value for the customers, stakeholders & employees by developing sustainable & cost-effective processes. Their value lies in safety, integrity, excellence and innovation.
The company’s products are Anisole, Guaiacol, DCC, BHA, 4-MAP etc., as they cater to global demands by delivering innovative and sustainable solutions. They have two full-fledged R&D Labs to carry out a multi-step chemical synthesis. These labs operate within our plant, and both labs are approved by the Department of Scientific and Industrial Research (DSIR), New Delhi, India. The goals of our R&D Team are to develop eco-friendly and cost-effective processes that would avoid the use of hazardous starting materials and work towards the continual improvement of our existing products and processes in terms of yield and quality.
Clean Science and Technology has invested in the best possible Effluent Treatment Program, starting with clean production processes. The effluents are further processed in their ETP facility, located at the factory site. They have both – aerobic and anaerobic treatment facilities to treat the effluents produced. These effluent treatment plants treat their industrial wastewater and recycle it for reuse, making both facilities zero liquid discharge facilities.
For FY 21, the company had total assets of Rs 6,599.17 million and a Revenue of Rs. 5,380.71 million. Both assets & revenue showed an increase from the past two financial years, which is a good sign. The opening IPO date is 7th July 2021 till 9th July 2021, with the IPO price of Rs 880 to Rs 900 per equity share. The issue size of the IPO is supposed to be 1546.62 Cr. So considering the price and other important factors, the IPO of this company stands to be a good pick to invest and listing gains are also expected.
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