Clean Science And Technology - Novel Chemistry At Play: Motilal Oswal Initiates Coverage
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Motilal Oswal Report
Clean Science and Technology Ltd. recently concluded its initial public offering via an offer for sale of Rs 15.5 billion, priced at Rs 900/share.
Post the IPO the promoter shareholding stands at 78.5%.
Clean Science and Technology has emerged as the global leader in most of its product categories on the back of niche product offerings catering to polymer inhibitors / super absorbents, anti-oxidants for the food/feed industry, pharma, home, and personal care.
It has further bolstered its value chain through novel manufacturing technology based on green chemistry for one of the key raw materials.
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