CLN Energy Limited IPO opens on 23 January 2025 and will run until 27 January 2025. This SME IPO will be raising ₹72.30 crore from a completely fresh issue of 28.92 lakh equity shares.
The CLN Energy IPO allotment date will be finalized on Tuesday, 28 January 2025. CLN Energy shares will probably be listed on BSE SME on Thursday, 30 January 2025.
CLN Energy IPO’s price band has been set at ₹235 to ₹250 per share. The IPO lot size is 600 per application which makes the minimum retail investment ₹150000 for retail investors. For the HNIs, it is ₹300000 for buying 2 lots or 1200 shares.
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CLN Energy BSE SME IPO Details
| Detail | Information |
| IPO Opening Date | January 23, 2025 |
| IPO Closing Date | January 27, 2025 |
| Tentative IPO Listing Date | January 30, 2025 |
| Face Value | ₹10 per share |
| Price Range | ₹235 to ₹250 per share |
| Lot Size | 600 shares |
| Total Issue Size | 2892000 shares (₹72.30 Cr) |
| Fresh Issue | 2892000 shares (₹72.30 Cr) |
| IPO Segment | Book Built Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre-Issue | 7661250 shares |
| Share Holding Post-Issue | 10553250 shares |
CLN Energy Limited | Company Overview
CLN Energy Limited was started in 2019 to manufacture customized batteries made of lithium-ion and to produce motors as well. Apart from these two, the company engages in trading of powertrain components for EVs which includes the following –
- Controllers
- DC-DC converters
- Throttles
- Displays
- Differentials
Under the B2B solutions that the firm offers, there are energy storage systems, solar systems and telecommunication systems as well as electric vehicles and other applications which are even stationary.
The firm has two manufacturing units in –
- Noida
- Pune
The brand name it uses to sell the lithium-ion batteries, powertrain component contents, and motors is “CLN Energy”.
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CLN Energy Limited IPO | Key Details
- CLN Energy IPO Opening Date: January 23, 2025,
- CLN Energy IPO Closing Date: January 27, 2025.
- Allotment Date: January 28, 2025
- Price Band: ₹235 to ₹ 250 per share
- Lot Size: 600 shares
- Refunds Initiated: January 29, 2025
- Shares Credited to Demat: January 29, 2025
- Listing Date: January 30, 2025
CLN Energy Ltd: Financial Overview
CLN Energy Limited recorded a whopping rise in its PAT in FY24 by 1241% from the mere rise in revenue by 3% which is unbelievable. However, the catch is the firm increased its total borrowing by 307% during the same tenure as well.
Here are the details of the financials of the firm –
Amounts in ₹ Crore
| Financial Information | FY24 | FY23 | Absolute Change | Change (%) |
| Assets | 113.27 | 109.62 | 3.65 | 3.329684364 |
| Revenue | 132.86 | 128.88 | 3.98 | 3.08814401 |
| Profit After Tax | 9.79 | 0.73 | 9.06 | 1241.09589 |
| Net Worth | 13.37 | 3.58 | 9.79 | 273.4636872 |
| Reserve & Surplus | 9.97 | 2.45 | 7.52 | 306.9387755 |
CLN Energy Ltd IPO | FAQs
CLN Energy Ltd is engaged in manufacturing lithium-ion batteries and motors and customizing them as per client’s needs and preferences.
The tentative IPO listing date of CLN Energy has been fixed as Thursday, January 30, 2025.
The bidding date for the CLN Energy IPO is January 23, 2025, and it will continue until January 27 2025.
The minimum IPO lot size for CLN Energy is 600 shares and for HNIs, it is 2 lots or 1200 shares.
The IPO allotment is expected to be finalized on Tuesday, January 28, 2025.
The IPO face value is set at ₹10 per share.
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