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CLN Energy IPO Details

23 January - 27 January 2025 Closed
SME BSE

The CLN Energy IPO is a book build issue with a total issue size of ₹72.3 cr, comprising of fresh issue of 2892000 equity shares. CLN Energy IPO opened for subscription on Jan 23, 2025 and closed on Jan 27, 2025. CLN Energy IPO is set price band at ₹235 to ₹250 per share, with a lot size of 600 shares. Minimum investment for Retail investors was ₹300,000.00 (at the upper price band) to apply for one lot.

The basis of allotment got finalized on Jan 28, 2025, and listed on both the NSE and BSE on Jan 30, 2025.

Bigshare Services Pvt Ltd has been appointed as the registrar. Aryaman Financial Services Limited are the Book Running Lead Manager for the issue.

Before investing in the CLN Energy IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.

Price Band
₹ 235 – 250
Lot Size
600
Issue Size
₹72.3 Cr
Minimum Investment
₹300000 (1200 Shares)
Listing Date
30 January 2025

Current GMP

₹0 (0.00%)

Open Date 23 January, 2025
Close Date 27 January, 2025
Market Cap -
Industry
Sector
Subscription 5.09x

*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.

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

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


Address / Contact Info

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

Face Value₹10 per share
Price Band₹ 235 – 250
Lot Size600
Issue TypeBook-building IPO
Sale Type
Fresh Issue₹ 72.30 Cr
Offer for Sale₹ 0.00 Cr
Total Issue Size₹ 72.30 Cr
Listing AtBSE
Industry
Sector
QIB Quota0%
Retail Quota0%

Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.

Frequently Asked Questions

Everything you need to know before applying to an 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.

The CLN Energy IPO opens on Thu, Jan 23, 2025 and closes on Mon, Jan 27, 2025

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

CLN Energy IPO lot size is 600 shares, Retail investors need a minimum investment of ₹300000 based on the upper price band

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.

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.

CLN Energy IPO issue size is ₹72.3 crores.

CLN Energy IPO allotment date is Wed, Jul 1, 2026.

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.