INSUBCONTINENT EXCLUSIVE:
the portion reserved for qualified institutional buyers (QIB) was subscribed 156.37 times.Clean Science and Technology IPO opened for
reasonably priced at a P/E ratio of 48.2 times FY21 EPS (fully diluted on post-issue)
at $ 4,738 billion in 2019 with China accounting for 40% of the market share
robust return ratios, good growth visibility, diversified business, and reasonable valuations, we remain positive on the prospects of this
issue,'' SEBI-registered Investment Advisor INDmoney said in a report.Domestic brokerage firm Anand Rathi maintained a 's ubscribe' rating
technologies using in-house catalytic processes, which are eco-friendly and cost-competitive.The company is available at the upper end of
the IPO price band, it is offered at 48.2x its FY21 earnings, with a market cap of Rs
95,597 million.''....On FY21 earnings basis, the company is trading below the industry average of 55.4x
The company possesses a healthy balance sheet and robust return ratio profile (FY21 RoE at 36.8 per cent)
