Clean Science and Technology manufactures specialty chemicals such as Performance Chemicals, Pharmaceutical Intermediates, and FMCG Chemicals. The firm had received SEBI 's nod last month. Analysts at Marwadi Shares and Finance and Aditya Birla Money have a 'Subscribe' rating on the issue. "The company is going to list at PE of 48.18X with a market cap of Rs.95,597 million, while its peers namely Vinati Organics and Fine Organics are trading at 77.4X and 75.1X times respectively," Marwadi Shares said in an IPO note. "We recommend to "Subscribe" this IPO as the company is amongst the largest producers globally of functionally critical specialty chemicals and is available at favorable valuation as compared to its peers," they added.