Clean Science and Technology IPO subscribed 21% on first day

Clean Science

The initial public offering of specialty chemical company Clean Science and Technology has subscribed 21 percent on July 7, the first day of bidding. The offer has received bids for 25.86 lakh equity shares against IPO size of 1.23 crore equity shares, the subscription data available on the exchanges showed.

The reserved portion of non-institutional investors has subscribed 1 percent and that of retail investors 42 percent, while qualified institutional buyers have not put in any bid so far.

News source:- Moneycontrol

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