CLN Energy Limited IPO (CLN Energy IPO) Detail
CLN Energy IPO is a book built issue of Rs 72.30 crores. The issue is entirely a fresh issue of 28.92 lakh shares.
CLN Energy IPO bidding started from January 23, 2025 and ended on January 27, 2025. The allotment for CLN Energy IPO was finalized on Tuesday, January 28, 2025. The shares got listed on BSE SME on January 30, 2025.
CLN Energy IPO price band is set at ₹250 per share. The minimum lot size for an application is 600. The minimum amount of investment required by retail investors is ₹1,41,000. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹1,50,000. The minimum lot size investment for HNI is 2 lots (1,200 shares) amounting to ₹3,00,000.
Aryaman Financial Services Limited is the book-running lead manager of the CLN Energy IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.The market maker for CLN Energy IPO is Aryaman Capital Markets Limited.
Refer to CLN Energy IPO RHP for detailed information.
Cln Energy Ltd Stock Quote & Charts
- Open: ₹258.45
- High – Low: ₹258.45 – ₹254.50
- Previous Close: ₹254.00
- Total Traded Value: 9,600.00
- 52 Weeks High: ₹251.50 (Feb 07, 2025)
- 52 Weeks Low: ₹252.00 (Jan 31, 2025)
- Updated On: Jan 30, 2025 4:00 PM
CLN Energy IPO Details
| IPO Date | January 23, 2025 to January 27, 2025 |
| Listing Date | January 30, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹250 per share |
| Lot Size | 600 Shares |
| Total Issue Size | 28,92,000 shares (aggregating up to ₹72.30 Cr) |
| Fresh Issue | 28,92,000 shares (aggregating up to ₹72.30 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 76,61,250 shares |
| Share Holding Post Issue | 1,05,53,250 shares |
| Market Maker Portion | 1,56,000 shares Aryaman Capital Markets Limited |
CLN Energy IPO Reservation
CLN Energy IPO offers 28,92,000 shares. 5,47,200 (18.92%) to QIB, 4,10,400 (14.19%) to NII, 9,57,600 (33.11%) to RII and 8,20,800 (28.38%) to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | 8,20,800 (28.38%) |
| Market Maker Shares Offered | 1,56,000 (5.39%) |
| QIB Shares Offered | 5,47,200 (18.92%) |
| NII (HNI) Shares Offered | 4,10,400 (14.19%) |
| Retail Shares Offered | 9,57,600 (33.11%) |
| Total Shares Offered | 28,92,000 (100%) |
CLN Energy IPO Anchor Investors Details
CLN Energy IPO raises Rs 20.52 crore from anchor investors. CLN Energy IPO Anchor bid date is January 22, 2025. CLN Energy IPO Anchor Investors list
| Bid Date | January 22, 2025 |
| Shares Offered | 8,20,800 |
| Anchor Portion Size (In Cr.) | 20.52 |
| Anchor lock-in period end date for 50% shares (30 Days) | February 27, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | April 28, 2025 |
CLN Energy IPO Timeline (Tentative Schedule)
CLN Energy IPO opens on January 23, 2025, and closes on January 27, 2025.
| IPO Open Date | Thu, Jan 23, 2025 |
| IPO Close Date | Mon, Jan 27, 2025 |
| Tentative Allotment | Tue, Jan 28, 2025 |
| Initiation of Refunds | Wed, Jan 29, 2025 |
| Credit of Shares to Demat | Wed, Jan 29, 2025 |
| Tentative Listing Date | Thu, Jan 30, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 27, 2025 |
CLN Energy IPO Lot Size
Investors can bid for a minimum of 600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹1,50,000 |
| Retail (Max) | 1 | 600 | ₹1,50,000 |
| HNI (Min) | 2 | 1,200 | ₹3,00,000 |
| Lot Size Calculator | |||
CLN Energy IPO Promoter Holding
| Share Holding Pre Issue | 99.99% |
| Share Holding Post Issue | 72.54% |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
About CLN Energy Limited
Incorporated in 2019, CLN Energy Limited manufactures customized lithium-ion batteries and motors, and it deals in powertrain components for electric vehicles, including controllers, throttles, DC-DC converters, displays, and differentials.
The company offers B2B solutions for electric vehicles and stationary applications like solar, energy storage systems (ESS), and telecommunications.
The company manufactures a range of components for electric vehicles, including motors, controllers, battery management systems (BMS), throttle bodies, and DC-DC converters.
The company sells Lithium-ion Battery Packs, motors and powertrain components under the “ CLN Energy” brand
The company has two manufacturing facilities, one in Noida and the second one in Pune, Maharashtra.
The manufacturing facilities are ISO certified has QMS 9001:2015, EMS 14001:2015 & OHSAS 45001:2018 certifications.
As of September 30, 2024, the company had 155 permanent employees and 286 employees on a contract basis.
Competitive Strengths
- State of art manufacturing facilities at Pune and Noida
- Well well-educated and experienced team of Professionals
- Long-term relation with our customers
- In-house Research and Development team
- Providing critical business solutions and manufacturing customised products
- Consistent track record of financial performance.
Company Financials
CLN Energy Limited Financial Information (Restated)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 119.73 | 113.27 | 109.62 | 62.05 |
| Revenue | 75.84 | 132.86 | 128.88 | 121.7 |
| Profit After Tax | 4.64 | 9.79 | 0.73 | 3.64 |
| Net Worth | 18.01 | 13.37 | 3.58 | 2.86 |
| Reserves and Surplus | 10.35 | 9.97 | 2.45 | 1.72 |
| Total Borrowing | 6.78 | |||
| Amount in ₹ Crore | ||||
Key Performance Indicator (KPI)
The market capitalization of CLN Energy IPO is Rs 263.83 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| ROE | 115% |
| ROCE | 91.55% |
| RoNW | 73.19% |
| PAT Margin | 7.38 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 12.78 | 9.28 |
| P/E (x) | 19.57 | 26.95 |
- The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2024 that is available in RHP.
Objects of the Issue (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 May apply
[Dilip Davda] CEL is engaged in the manufacturing and marketing of power related products that are sold on B2B models. It also provides powertrain components for 2-3-4 wheeler EVS industry and markets it under own brand called” CLN Energy”. It posted decline in bottom lines for FY23 following exception provisions on account of fire incident. Super Earnings post FY24 raises eyebrows and sustainability over its sustainability. Based on recent earnings, the issue appears fully priced. Well-informed investors may park funds for long term. Read detail review…
CLN Energy IPO Subscription Status (Bidding Detail)
The CLN Energy IPO is subscribed 5.42 times on January 27, 2025 5:04:49 PM (Day 3). The public issue subscribed 6.55 times in the retail category, 1.07 times in the QIB category, and 8.6 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB | 1.07 | 5,47,200 | 5,87,400 | 3 |
| NII* | 8.6 | 4,10,400 | 35,29,200 | 282 |
| Retail | 6.55 | 9,57,600 | 62,72,400 | 5,966 |
| Total | 5.42 | 19,15,200 | 1,03,89,000 | 13,907 |
Total Application : 13,907
*Market Maker portion is not included to NII/HNI.
CLN Energy IPO Prospectus
CLN Energy IPO Listing Details
| Listing Date | January 30, 2025 |
| BSE Script Code | 544347 |
| NSE Symbol | |
| ISIN | INE0WDX01010 |
| Final Issue Price | ₹250 per share |
Listing Day Trading Information
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹250.00 |
| Open | ₹256.00 |
| Low | ₹252.00 |
| High | ₹268.80 |
| Last Trade | ₹254.15 |
Check IPO Performance…
CLN Energy Limited 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/
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
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