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Clean Science & Technology IPO kicks off today: Should you subscribe?

The Rs 1,500 crore initial public offer (IPO) by Pune-based specialty chemical firm Clean Science and Technology (CSTL) will open for subscription on Wednesday. The issue, which is slated to run between July 7-9, is priced in the range of Rs 880-900 per share and is entirely an offer for sale. The prime purpose is to enhance visibility, brand, provide liquidity to existing shareholders and achieve the benefits of listing shares on stock exchanges. Company Details Clean Science is among the few companies globally, focused entirely on developing newer technologies using in-house catalytic processes, enabling it to emerge as the largest global manufacturer of certain specialty chemicals in terms of installed capacities as of March 31, 2021. It has two manufacturing facilities in India, with a combined installed capacity of 29,900 MTPA and a capacity utilisation rate of 72 per cent in FY21.

Should you subscribe to India Pesticides IPO? Here s what analysts say

Should you subscribe to India Pesticides IPO? Here s what analysts say
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

Shyam Metalics, Sona Comstar: What grey mkt is signalling ahead of listing

Shyam Metalics, Sona Comstar: What grey mkt is signalling ahead of listing
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

Suryoday SFB IPO elicits mixed reaction from analysts; here s why

The three-day initial public offer (IPO) by Suryoday Small Finance Bank (SFB) is slated to open on Wednesday, March 17 along with the much-awaited issue by Rakesh Jhunjhunwala-backed Nazara Technologies. The IPO is a mix of an offer for sale (OFS) and a fresh issue in which the company is looking to sell 1.9 crore shares, priced in the range of Rs 303-305 per share to raise up to Rs 581 crore. Investors can bid for a minimum of 49 shares and in multiples thereof. The bank proposes to utilise the net proceeds from the fresh issue towards augmenting its Tier – 1 capital base and to meet future capital requirements.

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