Explore Now
MUMBAI: Pune-based speciality chemicals firm Clean Science and Technology Ltd is planning an initial public offering (IPO) of Rs 1,300-1,400 crore, according to bankers. The company, which makes performance chemicals and products for the pharmaceutical and consumer goods industries, joins the list of speciality chemicals entities that have tapped the primary market recently.
Axis Capital,
JM Financial and Kotak Mahindra Capital company are likely to lead the issue as merchant bankers. The company is likely to file its draft red herring prospectus (DRHP) with the market regulator this week. Clean Science did not respond to an email query on its IPO plans.