CLN Energy IPO Details: The CLN Energy IPO will open on January 23, 2025, and close on January 27, 2025. It is a Book Built Issue through which the company aims to raise approximately ₹72.30 crores. The issue includes a fresh issue of ₹72.30 crores and an offer for sale of up to [.] equity shares, each with a face value of ₹10.
The price band for the CLN Energy IPO is set between ₹235 and ₹250 per share. The allocation will be as follows: 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-Worth Individuals (HNIs). The IPO is expected to be listed on the BSE on January 30, 2025, with the allotment date scheduled for January 28, 2025.
In terms of financial performance, the company reported a revenue of ₹132.86 crores in 2024, up from ₹128.88 crores in 2023. The profit for 2024 stood at ₹9.79 crores, a significant increase from ₹0.73 crores in 2023. Based on these financials, long-term investors may find this IPO appealing.
CLN Energy IPO Objectives:
The details of the utilisation of Net Proceeds of the Issue are as follows
- Purchase of machinery and equipment
- Funding Working capital requirements
- General Corporate Purpose
CLN Energy IPO Review (Apply or Not)
- May Apply
CLN Energy IPO Date & Price Band Details:
| IPO Open Date: | January 23, 2025 |
| IPO Close Date: | January 27, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹235 to ₹250 Per Share |
| Issue Size: | Approx ₹72.30 Crores |
| Fresh Issue: | Approx ₹72.30 Crores |
| Offer for Sale: | Approx [.] Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
CLN Energy IPO Lot Size:
The minimum market lot for the CLN Energy IPO is 600 shares, with an application amount of ₹1,50,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 600 | ₹1,50,000 |
| Retail Maximum | 1 | 600 | ₹1,50,000 |
| HNI Minimum | 2 | 1200 | ₹3,00,000 |
CLN Energy IPO Timeline:
The CLN Energy IPO will open on January 23 and close on January 27. The allotment will be finalized on January 28, and the IPO is scheduled to list on the BSE on January 30.
| IPO Open Date: | January 23, 2025 |
| IPO Close Date: | January 27, 2025 |
| Basis of Allotment: | January 28, 2025 |
| Refunds: | January 29, 2025 |
| Credit to Demat Account: | January 29, 2025 |
| IPO Listing Date: | January 30, 2025 |
CLN Energy IPO GMP Today:
Update soon
Promoters of CLN Energy IPO
The promoters of CLN Energy Ltd. are CLN Energy Pte. Ltd. and Rajiv Seth.
About CLN Energy IPO
CLN Energy Limited is renowned for its innovative approach to manufacturing electric components and providing cutting-edge solutions for electric vehicles and stationary applications such as energy storage systems (ESS) and telecommunications. Founded in 2019, the company specializes in the production of lithium-ion batteries and motors. Additionally, CLN Energy is engaged in the sale of electric vehicles, DC converters, displays, and differentials.
With a dedicated R&D team, CLN Energy contributes 30% to the development of technologically advanced and environmentally sustainable components. The company is committed to delivering high-quality services both internationally and domestically, building trust and achieving exceptional results. CLN Energy operates advanced manufacturing facilities in Noida (42,000 sqft) and Pune (20,000 sqft), with an annual production capacity exceeding 1 GWh of battery packs and 120,000 motors for L2, L3, and L5 vehicles.
CLN Energy IPO Company Financial Report
The company reported revenue of ₹132.86 crores in 2024 against ₹128.88 crore in 2023. The company reported profit of ₹9.79 crores in 2024 against profit of ₹0.73 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹121.70 | ₹116.69 | ₹3.64. | ₹62.05 |
| 2023 | ₹128.89 | ₹121.28 | ₹0.73 | ₹109.62 |
| 2024 | ₹132.86 | ₹120.62 | ₹9.79 | ₹113.27 |
| Sept 2024 | ₹75.84 | ₹68.63 | ₹4.64 | ₹119.73 |
CLN Energy IPO Valuation – FY2024
Check CLN Energy IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | -% |
| ROCE: | -% |
| EBITDA Margin: | 14.07% |
| PAT Margin: | 7.38% |
| Debt to equity ratio: | – |
| 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
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Eveready Industries India Limited | 9.18 | 41.57 | 17.26 | 53.21 | 1314.28 Cr. |
| Panasonic Energy India Co. Limited | 15.52 | 29.01 | 11.33 | 137.03 | 292.42 Cr. |
| High Energy Batteries (India) Limited | 19.14 | 31.94 | 19.56 | 97.84 | 77.73 Cr. |
| Indo National Limited | 12.83 | 42.87 | 6.20 | 314.91 | 640.60 Cr. |
CLN Energy IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
IPO Lead Managers aka Merchant Bankers
- Aryaman Financial Services Limited
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?
CLN Energy IPO is a Mainboard IPO through which the company aims to raise ₹72.30 crores. The issue price is set between ₹235 and ₹250 per equity share. The IPO will be listed on the BSE.
When will CLN Energy IPO open for subscription?
The IPO will open for subscription on January 23, 2025, for Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Investors. The IPO will close on January 27, 2025.
What is the investor portion for CLN Energy IPO?
The allocation for investors is as follows:
- 50% for QIBs
- 15% for NIIs
- 35% for Retail Investors
How to apply for CLN Energy IPO?
You can apply for the CLN Energy IPO online via ASBA using your bank account. Alternatively, you can apply through UPI via your stockbroker. Offline applications are also available through stockbrokers by filling out the form.
What is the CLN Energy IPO issue size?
The total issue size of the CLN Energy IPO is ₹72.30 crores.
What is the CLN Energy IPO price band?
The price band for the CLN Energy IPO is ₹235 to ₹250 per share.
What is the CLN Energy IPO lot size?
The minimum bid size is 600 shares, with an application amount of ₹1,50,000.
What is the CLN Energy IPO allotment date?
The IPO allotment date is January 28, 2025.
What is the CLN Energy IPO listing date?
The CLN Energy IPO is expected to list on the BSE on January 30, 2025.
