CLN Energy IPO Date, Price, GMP, Review, Details

CLN Energy Limited IPO

Nagpur-based CLN Energy IPO is a Book Built Issue. This is a BSE SME IPO which is open for subscription on 23 January, 2025 and will close on 27 January, 2025. The price band of the IPO is ₹235 to ₹250 per share.

The total IPO Size is ₹72.30 crore in which fresh issue of ₹72.30 crores and offer for sale up to 28,92,000 equity shares. The company set face value of ₹10 each. You can apply for CLN Energy IPO for minimum lot size is 600 shares for the retail investors, aggregating to an investment of ₹1,50,000.

This IPO is to be list on BSE SME platform on 30 January,2025, and allotment date is on 28 January,2025 which check CLN Energy IPO allotment status on Bigshare Services Pvt Ltd. is the registrar for this offering.

The book-running lead managers of this IPO is Aryaman Financial Services Limited.For more information check CLN Energy IPO DRHP and RHP details.

CLN Energy IPO Details

IPO Issue Open Date:23 January 2025
IPO Issue Close Date:27 January 2025
IPO Issue Price Band:₹235 to ₹250 Per Share
Face Value:₹10 Per Equity Share
IPO Issue Size:₹72.30 Crores | 28,92,000 shares
Fresh Issue:₹72.30 Crores | 28,92,000 shares
Offer for Sale:₹[.] Crores
Issue Type:Book Built Issue
IPO Listing At:BSE SME
IPO Retail Quota:Not more than 35%
QIB Quota:Not more than 50%
NII Quota:Not more than 15%
Employee Discount:[.] per share

CLN Energy IPO Prospectus:

Checkout the CLN Energy IPO Prospectus of DRHP and RHP file.
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here

CLN Energy IPO Dates Timeline

Get the tentative dates and schedule for latest IPO CLN Energy IPO are open and close date, allotment status, refunds, and listing details
Issue Open Date:23 January 2025
Issue Close Date:27 January 2025
Basis of Allotment Date:28 January 2025
Refunds Initiation:29 January 2025
Shares Credit in Demat:29 January 2025
IPO Listing Date Detail:30 January 2025

CLN Energy IPO Market Lot

You can bid for a minimum of 600 shares and maximum 1,200 shares in retail investors section, Also you can check HNI investors section for minimum and maximum in terms of shares and amount.
ApplicationLot SizeShares and Price Details
Retail (Min)1 lots and 600 shares = ₹150,000
Retail (Max)2 lots and 600 shares = ₹150,000
HNI (Min)2 lots and 1,200 shares = ₹300,000
B-HNI Minimum

CLN Energy IPO GMP*

GMP DateGMP TodaySubject to SaudaKostakExpected Gain
Today₹-₹-₹-₹-

About CLN Energy

CLN Energy Limited was founded in 2019 and is involved in manufacturing electric components and provides offer solutions such as electric vehicles & stationary applications like energy storage systems (ESS) and telecommunications. Moreover, they are engaged in selling electric vehicles such as DC, DC converters, displays, and differentials. Further, the R&D team is involved in making electric components, however, CLN Energy has a 30% contribution in these components, and all components are advanced in technology and focused on being environmentally free. Moreover, they have advanced manufacturing facilities in Noida (42,000 sqft) and Pune (20,000 sqft) and annual capacity is over 1GWh of battery packs and 120,000 motors for L2, L3, and L5 vehicles. Additionally, CLN Energy operates two manufacturing facilities in Noida, Uttar Pradesh, and Pune, Maharashtra.

CLN Energy IPO Strengths

To Be Updated Soon

Objects of the IPO Issue

  1. Purchase of machinery and equipment
  2. Funding Working capital requirements
  3. General Corporate Purpose

CLN Energy Company Financial Report

The company reported revenue of ₹132.86  crores in 2024 against ₹128.88  crores in 2023. The company reported a profit of ₹9.79  crores in 2024 against a loss of ₹0.73  crores in 2023.

Period EndedRevenueExpenseProfit After TaxAssets
2022₹121.70₹116.69₹3.64₹62.05
2023₹128.89₹121.280.73₹109.62
2024₹132.86₹120.629.79₹113.27
Sept 2024₹75.84₹68.634.64₹119.73

CLN Energy IPO Valuation – Key Performance Indicator

KPI as of March 31, 2024.

KPIValues
ROE:%
ROCE:%
EBITDA Margin:14.07%
PAT Margin:7.38%
Debt to equity ratio:NA
Earning Per Share (EPS):₹12.78 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):73.19%
Net Asset Value (NAV):₹39.28

Peer Group Comparison

The below peer comparison table’s data are showing as per the DRHP and RHP.

CompanyEPSPE RatioRoNW %NAVIncome
Eveready Industries India
Limited
9.1841.5717.26%53.211314.28  Cr.
Panasonic Energy India Co.
Limited
15.5229.0111.33137.03292.42 Cr.
High Energy Batteries (India)
Limited
19.1431.9419.5697.8477.73 Cr.
Indo National Limited12.8342.876.20314.91640.60 Cr.

CLN Energy IPO Registrar

Bigshare Services Pvt Ltd
Phone: 04067162222, 04079611000
Email: hvax.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/

CLN Energy IPO Lead Manager

  • Fedex Securities Pvt Ltd

CLN Energy IPO allotment status check on Bigshare Services website. Click on Bigshare Services Pvt Ltd to get allotment status.

Promoters of CLN Energy

  • CLN Energy Pte. Ltd
  • Rajiv Seth.

Company Address

CLN Energy Limited
Plot-18, Sector-140,
Phase-2, Nepz Post Office, Gautam Buddha Nagar
Dadri, 201305
Phone: +91 75799 06940
Email: info@clnenergy.in
Website: https://www.clnenergy.in/

CLN Energy IPO FAQs

What is CLN Energy IPO Detail?

CLN Energy IPO is a main-board IPO. The company is going to raise ₹72.30 Crores via IPO. The issue is priced at ₹235 to ₹250 pr equity share. The IPO is to be listed on BSE SME.

How to Apply CLN Energy IPO Online?

You can apply for CLN Energy IPO via ASBA online via your bank account/net banking and UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form and Apply IPO online through Zerodha, Upstox, 5Paisa, ICICI Bank, HDFC Bank and SBI Bank.

When CLN Energy IPO will open?

The IPO is to open on 23 January 2025 for QIB, NII, and Retail Investors. The IPO will close on 27 January 2025.

What is CLN Energy IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

What is CLN Energy IPO Size?

CLN Energy issue size is ₹72.30 crores.

What is CLN Energy IPO Price Band?

CLN Energy IPO Price Band is ₹235 to ₹250.

What is the Lot Size of CLN Energy IPO?

The CLN Energy IPO minimum bid size is600 Shares with ₹150,000 amount.

What is the CLN Energy IPO Allotment Date?

CLN Energy IPO allotment date is 28 January, 2025.

What is the CLN Energy IPO Listing Date?

CLN Energy IPO listing date is 30 January, 2025. The IPO is to list on BSE SME.

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