Earn money from Clean Science IPO and GR Infraprojects IPO check how details here varpat– News18 Hindi

New Delhi. If you want to earn big money in a short time, then you have a great opportunity. Where you can earn big amount by investing money through IPO from the share market. Actually, the IPO of Clean Science and Technology, a company that makes specialty chemicals, is coming. The Clean Science IPO will open for investment on Wednesday, July 7. Let us know that the issue of GR Infraprojects is also coming on this day. The GR Infraprojects IPO will remain open for subscription till July 9. The company is likely to be listed on BSE and NSE on July 19. Its shares will be available for Rs 828 to 837. Let’s know the details about Clean Science IPO…

IPO issue price
The price band of the issue of Clean Science has been fixed at Rs 880-890 per share. The company plans to raise Rs 1546.62 crore from the IPO. The issue of the company will be purely offer for sale.

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who will be the promoters
In this the existing promoters of the company Ashok Ramnarayan Bub, Krishnakumar Ramnarayan Bub, Siddharth Ashok Sikchi and Parsh Ashok Maheshwari will sell their stake. The company will not get a share in the funds raised from the IPO. This entire amount will go to the promoters of the company who are selling their stake.

Know Reserve Issue
50% of the issue is reserved for qualified institutional buyers. There is a reserve of 35 percent for retail investors and 15 percent for non-institutional buyers.

Know about the company
Clean Science is one of the few companies around the world that manufactures products through an in-house catalytic process. This is a new technology which is eco-friendly as well as less expensive. Clean Science Tech is the world’s largest manufacturer of specialty chemicals such as MEHQ, BHA, Anisol and 4-MAP. The company also produces performance chemicals, FMCG chemicals as well as pharma chemicals used in making medicines.

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Know, how is the company’s balance sheet?
The total income of this Pune-based specialty chemical company was Rs 398.46 crore in the quarter ended December 31, 2020. Whereas in the same period a year ago, the total income of the company was Rs 322.86 crore. The company’s net profit in the December quarter stood at Rs 145.27 crore, as against Rs 65.96 crore in the same period last year. The total debt of the company during this period stood at Rs 65 crore. The customers of this company are in many countries including India, China, Europe, America, Taiwan, South Korea and Japan. More than two-thirds of the company’s revenue comes from exports of chemicals.

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