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At 48x PE, should you subscribe to IPO of this clean chemical maker?

At 48x PE, should you subscribe to IPO of this ‘clean’ chemical maker? SECTIONS Share Synopsis Most analysts have ‘subscribe’ ratings on the issue, as the financial ratios of the company look strong and its shares are available at favorable valuations compared with its peers. The company is going to list at a PE of 48.18 times with a market-cap of Rs 9,559.7 crore, while peers Vinati Organics and Fine Organics trades at 77.4 times and 75.1 times, respectively. Related NSE Explore Now NEW DELHI: Clean Science Technology, a specialty chemicals producer that will launch on offer for sale from Wednesday in the primary market, is a play on two of the most relevant themes in the current times.

India Pesticides Ipo subscription status: India Pesticides IPO subscribed 5 5 times so far on Day 3

India Pesticides Ipo subscription status: India Pesticides IPO subscribed 5 5 times so far on Day 3
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