CLN Energy Limited is launching a significant IPO valued at ₹72.30 crores. This includes a fresh issue of 28.92 lakh shares worth ₹72.30 crores, aimed at funding the trust’s growth and infrastructure projects. This initiative will strengthen the trust’s capital base and allow new investors to join its promising infrastructure ventures.
The IPO will be open for subscription from 23 January to 27 January 2025. Investors can place bids at ₹235 to ₹250 per share, with a minimum application of 600 shares, translating to a retail investor’s minimum investment of ₹1,50,000. With seamless bidding and competitive pricing, the IPO is anticipated to generate substantial interest from both retail and institutional investors.
Check the current GMP of CLN Energy Limited IPO
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CLN Energy IPO Good or Bad to Apply
CLN Energy Limited has demonstrated strong financial growth, with an increase in profit after tax (PAT) and consistent profitability. Its advanced manufacturing facilities, experienced team, long-term customer relationships, and dedicated R&D capabilities give it a competitive edge in the market. Additionally, the company’s expertise in delivering critical solutions and customized products, combined with its solid track record of financial performance, makes it an appealing prospect for investors seeking moderate returns.
However, despite these positives, CLN Energy is still a relatively small company, making it a risky investment for conservative investors. While the IPO may provide mild listing gains, long-term investment should be approached cautiously. Investors willing to take calculated risks can consider applying with a trailing stop-loss strategy to safeguard their investments while potentially benefiting from the company’s growth trajectory.
CLN Energy IPO Details
| IPO Date | January 23, 2025 to January 27, 2025 | ||
| Listing Date | 30 January, 2025 | ||
| Face value | ₹10 per share | ||
| Price band | ₹235 to ₹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) | ||
| Offer for Sale | 0 | ||
| Issue Type | Book Built Issue IPO | ||
| Listing At | BSE, NSE | ||
| Market Maker Portion | 1,56,000 shares Aryaman Capital Markets Limited |
CLN Energy IPO Lot Size calculator
| Application | Lots | Share | Amount |
| Retail (Min) | 1 | 600 | ₹1,50,000 |
| Retail (Max) | 1 | 600 | ₹1,50,000 |
| S-HNI (Min) | 2 | 1,200 | ₹3,00,000 |
CLN Energy IPO Distribution
| Investor Category | Shares Offered |
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
| NII (HNI) Shares Offered | Not Less than 15% of the Net Issue |
About CLN Energy Company
Founded in 2019, CLN Energy Limited specializes in manufacturing customized lithium-ion batteries and motors, while also offering powertrain components for electric vehicles, such as controllers, throttles, DC-DC converters, displays, and differentials.
The company provides B2B solutions for electric vehicles and stationary applications, including solar energy systems, energy storage systems (ESS), and telecommunications.
CLN Energy produces various electric vehicle components, including motors, controllers, battery management systems (BMS), throttle bodies, and DC-DC converters. Its Lithium-ion Battery Packs, motors, and powertrain components are marketed under the “CLN Energy” brand.
The company operates two ISO-certified manufacturing facilities, located in Noida and Pune, Maharashtra, holding certifications for QMS 9001:2015, EMS 14001:2015, and OHSAS 45001:2018.
As of September 30, 2024, CLN Energy employed 155 permanent staff and 286 contractual workers.
Competitive Strengths:
- Advanced manufacturing facilities in Pune and Noida
- Highly educated and experienced professional team
- Strong long-term customer relationships
- Dedicated in-house research and development team
- Expertise in delivering critical business solutions and customized products
- Proven track record of consistent financial performance
CLN Energy Company Finances
As of September 30, 2024, CLN Energy Limited reported total assets of ₹119.73 crore, showcasing steady growth from ₹62.05 crore in March 2022. Revenue for the six-month period stood at ₹75.84 crore, while profit after tax (PAT) reached ₹4.64 crore, a notable improvement from ₹0.73 crore in FY23. The company’s net worth surged to ₹18.01 crore, supported by ₹10.35 crore in reserves and surplus. With total borrowings at ₹6.78 crore, CLN Energy demonstrates a solid financial foundation and an upward trajectory in its operational and financial performance.
Amount in ₹ Crores
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 March 2022 |
| Assets | 119.73 | 113.27 | 109.62 | 62.05 |
| Revenue | 5.84 | 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 | 0 | 0 | 0 |
How to Increase the Chances of Getting IPO Allotment
To increase your chances of getting an IPO allotment, follow a few smart steps. Always apply using the ASBA (Application Supported by Blocked Amount) method through your bank or broker. Submit your application early to avoid last-minute issues…. read more
CLN Energy IPO Prospectus
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- CLN Energy IPO GMP today – Apply or Not
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