CLN Energy IPO
GMP, Subscription, Price, Dates & Financial Details
Founded in 2019, CLN Energy Limited focuses on producing customized lithium-ion batteries, motors, and powertrain components for electric vehicles (EVs). Its product range includes controllers, throttles, DC-DC converters, displays, and differentials, supporting the expanding EV…
Open Date
Thu, 23 Jan 2025
Close Date
Mon, 27 Jan 2025
Price Band
₹ 235 – 250
Lot Size
600
Issue Size
₹ 72.30 Cr
Minimum Investment
₹ 300,000 (1200 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
CLN Energy IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹72.30 Crore, comprising a fresh issue of 28.92 Lakh equity shares aggregating to ₹72.30 Crore.
The CLN Energy IPO remained open for subscription from January 23, 2025, to January 27, 2025. The basis of allotment was finalized on January 28, 2025, and the company's shares were listed on BSE SME Platform on January 30, 2025.
The company had fixed the price band at ₹235 to ₹250 per share, with a lot size of 600 shares. Retail investors were required to make a minimum investment of ₹300,000 (based on the upper price band) to apply for one lot.
Bigshare Services Pvt Ltd served as the registrar to the issue. Aryaman Financial Services Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, CLN Energy Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
CLN Energy IPO Timeline (Tentative)
- IPO Open Date
- Thu, 23 Jan 25
- IPO Close Date
- Mon, 27 Jan 25
- Basis of Allotment
- Tue, 28 Jan 25
- Initiation of Refunds
- Wed, 29 Jan 25
- Credit of Shares to Demat
- Wed, 29 Jan 25
- Listing Date
- Thu, 30 Jan 25 — NSE & BSE
Open Date
23 January 2025
Close Date
27 January 2025
Basis Of Allotment
28 January 2025
Listing Date
30 January 2025
IPO Subscription
Check Live Subscription →The CLN Energy IPO has received bids for 1,05,45,000 shares against 20,71,200 shares offered, resulting in an overall subscription of 5.09x. the NII category is subscribed 6.51x, Retail Investors 6.55x, and QIBs 1.07x.
QIB
1.07x
NII
6.51x
RII
6.55x
Total
5.09x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 9,57,600 shares, representing 0% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 5,47,200 shares (0%), while Non-Institutional Investors (NIIs) receive 5,66,400 shares (0%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Anchor Investors | 820,800 | 0% |
| Market Maker | 156,000 | 0% |
| Qualified Institutions | 547,200 | 0% |
| Non-Institutional | 566,400 | 0% |
| Retail Investors | 957,600 | 0% |
| Total | 2,892,000 | 0% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 113.27 | 109.62 | 62.05 |
| Revenue | 132.86 | 128.88 | 121.7 |
| Profit After Tax | 9.79 | 0.73 | 3.64 |
| Net Worth | 13.37 | 3.58 | 2.86 |
| Reserve & Surplus | 9.97 | 2.45 | 1.72 |
| Total Borrowings | 0 | 0 | 0 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
CLN Energy Limited KPI Information
| Particular | KPI as of March 31, 2024. |
|---|---|
| ROE % | 115 |
| ROCE % | 91.55 |
| RoNW % | 73.19 |
| Pat Margin % | 7.38 |
Peers Comparison
No Peer Comparision Available
About CLN Energy Limited
Founded in 2019, CLN Energy Limited focuses on producing customized lithium-ion batteries, motors, and powertrain components for electric vehicles (EVs). Its product range includes controllers, throttles, DC-DC converters, displays, and differentials, supporting the expanding EV market.
The company offers B2B solutions for electric vehicles and stationary applications, including solar energy systems, energy storage systems (ESS), and telecommunications.
CLN Energy manufactures a variety of EV components, such as motors, controllers, battery management systems, throttle bodies, and DC-DC converters. Its lithium-ion battery packs, motors, and powertrain components are sold under the "CLN Energy" brand.
The company has two manufacturing facilities, one in Noida and the other in Pune, Maharashtra.
CLN Energy IPO Promoters
The promoters of the company are CLN Energy Pte. Ltd.
Rajiv Seth
Promoters Holding
Holding Pre Issue
99.99%
Holding Post Issue
72.54%
CLN Energy IPO Objective
- Purchase of machinery and equipment
- Funding Working capital requirements
- General Corporate Purpose
CLN Energy Limited Address / Contact Details
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/
IPO Snapshot
CLN Energy IPO Lot Size
The CLN Energy IPO has a lot size of 600 shares. Retail investors require a minimum investment of ₹1,50,000 by applying for 1 lot (600 shares). The maximum application allowed for the retail category is 1 lots (600 shares), requiring an investment of ₹1,50,000.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 600 | 150,000.00 |
| Retail (Max) | 1 | 600 | 150,000.00 |
| S-HNI (Min) | 2 | 1,200 | 300,000.00 |
Issue Reservation
Book Running Lead Managers
- Aryaman Financial Services Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the CLN Energy IPO?
CLN Energy IPO is a Book-building IPO with a total issue size of ₹72.3 crore. The CLN Energy IPO price band is ₹235 to 250 per share. The CLN Energy IPO subscription opens on Thu, Jan 23, 2025, and closes on Mon, Jan 27, 2025. The CLN Energy IPO will be listed on the BSE. Bigshare Services Pvt Ltd is the registrar for the CLN Energy IPO.
When will the CLN Energy IPO open for subscription?
The CLN Energy IPO opens on Thu, Jan 23, 2025 and closes on Mon, Jan 27, 2025
What is CLN Energy IPO Price Band?
CLN Energy IPO Price Band is ₹235 to 250 per share.
What is CLN Energy IPO Lot Size?
CLN Energy IPO lot size is 600 shares, Retail investors need a minimum investment of ₹300000 based on the upper price band
What is the minimum investment for CLN Energy IPO?
The minimum investment for CLN Energy IPO is ₹300000, based on one lot of 600 shares at the upper price band of ₹250 per share.
How to apply for CLN Energy IPO?
Investors can apply for the CLN Energy IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Jan 27, 2025. The application amount remains blocked until the CLN Energy IPO allotment is finalized.
What is CLN Energy IPO Issue Size?
CLN Energy IPO issue size is ₹72.3 crores.
What is the CLN Energy IPO Allotment Date?
CLN Energy IPO allotment date is Tue, Jan 28, 2025.
Who is the CLN Energy IPO Registrar?
The registrar for CLN Energy IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check CLN Energy IPO allotment status, refund processing, and other IPO-related information.
Who is the CLN Energy IPO Lead Manager?
The book-running lead managers (BRLMs) for the CLN Energy IPO are Aryaman Financial Services Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the CLN Energy IPO Red Herring Prospectus (RHP).