CLN Energy IPO

CLN Energy is a BSE SME IPO listed on the BSE SME platform, priced at ₹235–₹250 per share. The stock debuted at ₹256, delivering a listing gain of 2.4%. The IPO had a lot size of ₹600 shares and a minimum investment of ₹1,50,000.

CLN Energy Limited IPO

BSE SME Listed
₹1,50,000 (600 Shares)
Minimum Investment
Check Allotment
IPO Dates
Jan 23, 2025 – Jan 27, 2025
Price band
₹235-250 per equity share
Minimum Investment
₹1,50,000
Issue size
₹72.3 Cr
Lot size
600
Allotment Date
Jan 28, 2025
Listing
Jan 30, 2025
Listing At
BSE SME

IPO timeline

  1. Jan 23, 2025

    Open Date

    Completed

  2. Jan 27, 2025

    Close Date

    Completed

  3. Jan 28, 2025

    Allotment Date

    Completed

  4. Jan 30, 2025

    Listing Date

    Completed

CLN Energy IPO Essentials

CLN Energy IPO Details

CLN Energy IPO is priced at ₹235-250 per share with a total issue size of 72.3 crore. The IPO has a lot size of 600 shares and is listed on BSE SME.

Issue price
₹235-250 per equity share
Lot size
600 shares
Face value
₹10 Per Equity Share
Issue size
28,92,000 shares(aggregating up to ₹72.30 Cr)
Total issue size
28,92,000 shares
(aggregating up to ₹72.3 crore)
Fresh issue
28,92,000 shares
(aggregating up to ₹72.3 crore)
Listing at
BSE SME
List price
256.0
Listing date
Registrar
Bigshare Services Pvt Ltd
Lead manager
Aryaman Financial Services Limited

Market 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
NII (min) 2 1200 ₹3,00,000

CLN Energy IPO Documents

CLN Energy IPO Reservation

CLN Energy IPO reservation details show category-wise allocation of shares. Out of the total 28,92,000 shares, approximately 18.92% are reserved for QIB, 14.19% for NII, 33.11% for retail investors, 5.39% for market maker, and 28.38% for anchor investors.

Investor Category Shares Offered Maximum Allottees
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 Analytics

CLN Energy IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

CLN Energy IPO Subscription Status

CLN Energy IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB / NII Retail Total
Shares Offered / Reserved 5,47,200 / 4,10,400 9,57,600 19,15,200
Day 1 23-01-25 06:00 PM
(1.00 / 2.43) x 1.96 x 1.79 x
Day 2 24-01-25 06:00 PM
(1.07 / 2.98) x 3.74 x 2.81 x
Day 3 27-01-25 06:00 PM
(1.07 / 8.60) x 6.55 x 5.42 x

CLN Energy Valuations

Earnings

EPS Pre IPO
₹12.78/-
EPS Post IPO
₹9.28/-
P/E Pre IPO
19.57
P/E Post IPO
26.95

Returns

ROE
115%
ROCE
91.55%
RoNW
73.19%
PAT Margin
7.38

Data sourced from DRHP / RHP • For educational purposes only

CLN Energy Financials( In Crs.)

31-Mar-24 31-Mar-23 31-Mar-22
Assets 113.27 109.62 62.05
Revenue 132.86 128.88 121.7
Profit After Tax 9.79 0.73 3.64
Net Worth 13.37 3.58 2.86
Reserves & Surplus 9.97 2.45 1.72

CLN Energy Company & Offer Insights

About CLN Energy

CLN Energy Limited is an incorporated company in 2019, which manufactures customized lithium-ion batteries and motors and sells powertrain components for electric vehicles. This includes controllers, throttles, DC-DC converters, displays, and differentials.

The company offers B2B solutions for electric vehicles and stationary applications such as solar, ESS, and telecommunications.

The company manufactures various components for electric vehicles, such as motors, controllers, 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 which is Noida and the other one in Pune, Maharashtra

The manufacturing facilities are ISO certified with QMS 9001:2015, EMS 14001:2015 & OHSAS 45001:2018.

As of 30th September 2024, the company had 155 permanent employees and 286 employees on a contract basis.

CLN Energy Promoter(s)

CLN Energy Pte. Ltd, Rajiv Seth are the company's promoters of CLN Energy.

CLN Energy IPO Issue Objectives

Purchase of machinery and equipment
Funding Working capital requirements
General Corporate Purpose

CLN Energy IPO - Peers Comparison

Company Name EPS (Basic) EPS (Diluted) NAV (per share) (Rs) P/E (x) RoNW (%) P/BV Ratio Financial statements
CLN Energy Limited 12.78 12.78 39.28 19.57 73.19 6.41 Restated Financials
Eveready Industries India Ltd. 9.18 9.18 53.21 41.57 17.26 7.19 Consolidated
Panasonic Energy India Company Ltd. 15.52 15.52 137.03 29.01 11.33 3.28 Consolidated
High Energy Batteries (India) Ltd. 19.14 19.14 97.84 31.94 19.56 6.3 Consolidated
Indo National Limited 12.83 12.83 314.91 42.87 6.2 1.75 Consolidated

Notes:

  1. The Figures For The Peer Group Are Based On the Consolidated Audited Financials For The Year Ended March 31, 2024.
  2. The P/E Ratio has been computed based on the closing market price of equity shares on January 06, 2025, divided by the Diluted EPS.
  3. Return on Net Worth (%) = Net profit after tax, as restated / Average shareholders' equity (including minority interest) as restated at year/period end.
  4. NAV is computed as the closing net worth (excluding minority interest) divided by the closing outstanding number of equity shares.
  5. Net worth means the aggregate value of the paid-up share capital of the Company and all reserves created out of profits and securities premium account and debit or credit balance of profit and loss account, after deducting the aggregate value of the accumulated losses, miscellaneous expenditure not written off, as per the restated balance sheet, but does not include reserves created out of revaluation of assets, write-back of depreciation as at year/period end.

Contact Information

Contact Details

CLN Energy

+91 75799 06940

info@clnenergy.in

https://www.clnenergy.in/

Plot-18, Sector-140, Phase-2, Nepz Post Office, Gautam Buddha Nagar, Dadri, 201305

Registrar Contact Details

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/ipo_status.html

Frequently Asked Questions

Click any question to reveal the answer

CLN Energy IPO is a book-built IPO worth ₹72.3 crore. The price band is ₹235–₹250 per share. The IPO opens on Jan 23, 2025 and closes on Jan 27, 2025. It will be listed on BSE SME Platform. Bigshare Services Pvt Ltd is the registrar.

The price band of CLN Energy IPO is ₹235 to ₹250 per share.

The lot size of CLN Energy IPO is 600 shares.

The minimum investment for CLN Energy IPO is approximately ₹1,50,000 based on the upper price band .

CLN Energy IPO opens on Jan 23, 2025 and closes on Jan 27, 2025.

The allotment date of CLN Energy IPO is Jan 28, 2025.

CLN Energy IPO is expected to be listed on Jan 30, 2025, on BSE SME Platform.

CLN Energy IPO valuation snapshot: P/E 26.95, EPS ₹9.28/-, P/B N/A, RoNW 73.19%, and market cap N/A.

To apply for CLN Energy IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of CLN Energy IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for CLN Energy IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check CLN Energy IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the CLN Energy IPO allotment status on IPO Ji for quick and easy access.