Axis Capital Limited, JM Financial Consultants Private Limited, Kotak Mahindra Capital Company Limited
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 is 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. Ashok Ramnarayan Boob, Krishnakumar Ramnarayan Boob, Siddhartha Ashok Sikchi, and Parth Ashok Maheshwari are the company promoters.
For year/ period ended ( in Cr.)
|31 Mar 2021||31 Mar 2020||31 Mar 2019|
|Profit After Tax||198.38||139.63||97.65|
Clean Science and Technology is among the few global companies focused entirely on developing newer technologies using in-house catalytic processes, which are eco-friendly and cost-competitive. It manufactures functionally critical specialty chemicals and FMCG Chemicals. With wide customer base include manufacturers and distributors in India as well as other regulated international markets including China, Europe, the United States of America, Taiwan, Korea, and Japan. Hence, investor can subscribe to the issue for the medium to long-term.