Clean Science and Technology IPO Share Allotment: The share allotment of Clean Science and Technology’s IPO may be finalized today, July 15. This IPO of Rs 1546.62 crore was subscribed 93.41 times. The portion reserved for retail investors was oversubscribed 9 times. According to brokerage firms, trading of its shares can start next week on Monday, July 19. For those who will not be allotted shares, the process of refund or unblocking of ASBA accounts will start after the allotment is finalized and after that the shares will be credited to the depository accounts of those who are allotted shares.
Pune based Clean Science and Technology is a specialty chemical manufacturing company. According to the company’s claim, it is the world’s largest company in terms of manufacturing some specialty chemicals. Most of the brokerage firms advised to subscribe to it.
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464 crore was raised from anchor investors
The Clean Science and Technology IPO opened for subscription on July 7-9 in the price band of Rs 880-900 per equity share. The face value per share is Rs. Before the IPO, Clean Science had raised Rs 464 crore from anchor investors. New shares will not be issued under this IPO, but it is purely an offer for sale (OFS) on behalf of the existing promoters and other shareholders. Once the allotment is announced, investors can check the status by visiting the link intime and BSE website whether the shares have been allotted to them or not. The link for this issue is Intime India Registrar.
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How to check allotment status through Link Intime India
- Investors can check the IPO status section of the Link Intime India website https://linkintime.co.in/MIPO/Ipoallotment.html after the allotment is finalised.
- After reaching this page, select the IPO whose allotment status is to be checked.
- After this, application number or DP ID / Client ID or PAN, one of these three options will have to be selected, through whose details the allotment is to be checked.
- If Application Number is selected, then select Application Type and enter Application Number. If DP ID / Client ID is selected then select Depository and enter DPIP, Client ID. If PAN is selected then fill the PAN.
- Fill the captcha and submit.
- The information about the number of shares applied for and the number of shares allotted will be displayed on the screen.
Check allotment like this on BSE website
- Investors can check the allotment status on the Stock Exchange BSE website https://www.bseindia.com/investors/appli_check.aspx.
- Select Equity and select the issue name Clean Science & Technology Limited from the drop down menu.
- Enter Application Number and PAN.
- Click on ‘I am not a Robot’.
- By clicking on the search tab, you can see the status details whether the share has been allotted to you or not.
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