Clean Science & Technology IPO GMP History
Clean Science & Technology IPO has been listed on July 19, 2021 at a listing price of ₹1755, against the issue price of ₹900 — a gain of ₹855 (+95%). The GMP peaked at ₹580 on 17 July 2021 and reached a low of ₹320 on 30 June 2021. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Clean Science & Technology IPO raised ₹1546.62 Cr. through its IPO at a price band of ₹880 to ₹900 per share, with a lot size of 16 shares. The IPO was open for subscription from 07 Jul 2021 to 09 Jul 2021.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 7:18 AM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 17 Jul 2021 | ₹ 580 | — | 64% | — | — |
| 16 Jul 2021 | ₹ 580 | ▲ | 64% | — | — |
| 15 Jul 2021 | ₹ 560 | ▲ | 62% | — | — |
| 14 Jul 2021 | ₹ 520 | — | 58% | — | — |
| 13 Jul 2021 | ₹ 520 | ▲ | 58% | — | — |
| 12 Jul 2021 | ₹ 500 | ▼ | 56% | — | — |
| 10 Jul 2021 | ₹ 550 | ▲ | 61% | — | — |
| 09 Jul 2021 | ₹ 520 | ▲ | 58% | — | — |
| 08 Jul 2021 | ₹ 480 | — | 53% | — | — |
| 07 Jul 2021 | ₹ 480 | ▲ | 53% | — | — |
| 06 Jul 2021 | ₹ 460 | ▲ | 51% | — | — |
| 05 Jul 2021 | ₹ 430 | ▲ | 48% | — | — |
| 03 Jul 2021 | ₹ 400 | ▲ | 44% | — | — |
| 02 Jul 2021 | ₹ 380 | ▲ | 42% | — | — |
| 01 Jul 2021 | ₹ 350 | ▲ | 39% | — | — |
| 30 Jun 2021 | ₹ 320 | — | 36% | — | — |
Clean Science & Technology IPO dates
Key dates from opening to listing. Today is 10 November.
- Open 07 Jul 2021
- Close 09 Jul 2021
- Allotment 14 Jul 2021
- Refund/credit 15 Jul 2021
- Listing 19 Jul 2021
Clean Science & Technology IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹900 |
|---|---|
| GMP-based estimate (pre-listing) | ₹1480 (+64.4%) |
| Listing gain / loss | +₹855 per share |
| Listing date | 19 Jul, 2021 |
| Actual listing price | ₹1755 (+95%) |
Is Clean Science & Technology IPO GMP reliable?
Grey market premium for Clean Science & Technology IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Clean Science & Technology IPO full review for a fundamentals-based assessment before making any grey market trades.
Clean Science & Technology IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Clean Science & Technology IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Clean Science & Technology IPO
Clean Science and Technology Limited was incorporated as Sri Distikemi Private Limited at Pune on 7 November 2003. It makes functionally critical specialty chemicals.
Its products are performance chemicals such as MEHQ, BHA and AP, pharmaceutical intermediates such as Guaiacol and DCC, and FMCG chemicals such as 4-MAP and Anisole.
It supplies makers and distributors in India and abroad, including China, Europe, the USA, Korea, Taiwan and Japan, and exports gave 69% of revenue in fiscal 2020. Customers include Bayer AG, SRF and Vinati Organics. Its two plants at Kurkumbh in Maharashtra had an installed capacity of 29,900 MTPA on 31 December 2020.
The IPO was Rs 1,546.62 crore and was entirely an offer for sale by existing shareholders, so the company received none of the money.
Frequently asked
What is the GMP of Clean Science & Technology IPO?
The current Grey Market Premium (GMP) of Clean Science & Technology IPO is ₹ 580.
What is the Kostak Price of Clean Science & Technology IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Clean Science & Technology IPO is not available.
What is the Subject to Sauda Price of Clean Science & Technology IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Clean Science & Technology IPO?
Clean Science & Technology IPO listed on July 19, 2021 at ₹1755, against the issue price of ₹900 — a gain of +95%.
How did the GMP of Clean Science & Technology IPO trend before listing?
The GMP of Clean Science & Technology IPO was stable in its final days before listing. The GMP peaked at ₹580 on 17 July 2021. View the day-wise table above for the complete GMP history.
Explore Clean Science & Technology IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
