Incorporated in 2003, Clean Science and Technology Ltd is one of the leading chemical manufacturers globally. It manufactures functionally critical specialty chemicals such as Performance Chemicals (MEHQ, BHA, and AP), Pharmaceutical Intermediates (Guaiacol and DCC), and FMCG Chemicals (4-MAP and Anisole).

The company supplies its products to manufacturers and distributors in India as well as overseas markets i.e. China, Europe, USA, Korea, Taiwan, and Japan. Bayer AG, Genex Laboratories Limited, Nutriad International NV, SRF Limited, Vinati Organics are a few of its customers. In fiscal 2020, it generated 69% of revenues through export outside India.

Clean Science has two production facilities at Kurkumbh (Maharashtra) with an aggregated installed production capacity of 29,900 MTPA as of Dec 31, 2020.

Competitive Strengths:

• Globally leading supplier of certain chemicals; Ansole, 4-MAP, MEHQ, BHA, DCC, etc.
• Strategically located manufacturing facility with close proximity to JNPT port to export products.
• Strong long-term relationship with key customers.
• Consistent track record of financial performance.
• International presence with export to several countries i.e. China, USA, Korea, Japan, Taiwan, etc.

Company Promoters:

• Ashok Ramnarayan Boob, Krishnakumar Ramnarayan Boob, Siddhartha Ashok Sikchi, and Parth Ashok Maheshwari are the company promoters.

Particulars	For the year/period ended (Rs in Million)
Summary of financial Information (Restated)	31-Mar-21	31-Mar-20	31-Mar- 19
Total Assets	6,599.17	4,298.79	3,274.73
Total Revenue	5,380.71	4,301.65	4,045.63
Profit After Tax	1,983.80	1,396.31	976.58

Objects of the Issue:

• To make an offer for sale of equity shares aggregating to Rs. 1,5466.22 million.
• To achieve the share listing benefits on the BSE and NSE.

(Read Detailed Report)

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