IPO - Check IPO Date, Price, Lot Size

CLN Energy Ltd IPO

Our company manufactures custom lithium-ion batteries, motors, and powertrain components for EVs, including controllers and converters. We offer B2B solutions for mobility and stationary applications under the CLN ENERGY brand.

CLN Energy Ltd IPO Details

Total Shares Offered

₹ 28,92,000

Offer to Public

TBA

Retail Max (Shares)

₹ 9,57,600

Pre Issue Promoters Holding

₹ 76,61,238

Exchange

BSE

Issue size

₹ 72.3 Cr

IPO Open Date

Jan 23, 2025

Close Date

Jan 27, 2025

Lot Size

600

Min Investment

₹ 1,41,000

Issue Type

Book Building - SME

Listing Date

Jan 30, 2025

CLN Energy Ltd IPO Dates

Jan 23, 2025

Opening date

Jan 27, 2025

Closing date

Jan 28, 2025

Basis of Allotment

Jan 29, 2025

Initiation of Refunds

Jan 29, 2025

Credit of Shares

Jan 30, 2025

Listing date

Details

Sector	Type
Sector	Auto Ancillaries
Sub Sector	NA
Issue Type	Book Building - SME

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*	Shares Bid*
QIB	0.43x	1368000	587400
NII	8.98x	410400	3685200
Retail	6.55x	957600	6268200
Employee	0x	0	0
Total	3.64x	2892000	10540800

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

0.43x

8.98x

6.55x

3.64x

1368000

410400

957600

2892000

587400

3685200

6268200

10540800

CLN Energy Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	25.12	18.67	6.68
EBITDA	31.40	25.10	12.45
PAT	12.92	9.79	0.73
Total Assets	172.34	94.69	85.74
Share Capital	10.55	3.41	1.14
Total Borrowings	38.92	30.64	26.86
Operating Activities (Net Cash)	19.20	16.22	6.50
Investing Activities (Net Cash)	0.00	0.00	-2.97
Financing Activities (Net Cash)	38.92	30.64	26.86
Net Cashflow	7.80	3.79	1.75

About CLN Energy Ltd

CLN Energy Limited was originally incorporated as JLNPhenix Energy Private Limited on October 01, 2019 under the provisions of the Companies Act, 2013 with the Registrar of Companies, Kanpur with CIN U29309UP2019PTC121869. Subsequently, the name of our Company was changed to CLN Energy Private Limited vide special resolution passed by the shareholders of our Company in their meeting held on September 29, 2022 and a fresh Certificate of Incorporation consequent to the change of name was granted to our Company on May 08, 2023, by the Registrar of Companies, Kanpur. Further, our Company was converted into Public Limited Company pursuant to special resolution passed by the shareholders of our Company in their meeting held on April 04, 2024 and the name of our Company was changed to CLN Energy Limited and a Fresh Certificate of Incorporation consequent upon conversion of Company to Public Limited dated June 18, 2024, was issued by Central Processing Centre bearing CIN: U33100UP2019PLC121869.

The global lithium-ion battery market, valued at USD 54.4 billion in 2023, is expected to grow at a 20.3% CAGR through 2030, driven by rising EV registrations.

Peer Comparison:

Eveready Industries India Ltd
Panasonic Energy India Company Ltd
High Energy Batteries (India) Ltd
Indo National Ltd

CLN Energy Ltd Key Points

Strengths

State of Art manufacturing facilities.

Well educated and experienced team of Professionals.

Long-term relation with our customers.

In-house Research and Development team.

Providing critical business solution and manufacturing customised products.

Risk

The Company, Group Companies, Promoters and Directors are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.

The company derives a significant portion of its revenue from the sale of batteries, cells and motor and controller and any reduction in demand or in the manufacturing of such products could have an adverse effect on its business, results of operations and financial condition.

The company has not entered into any agreement with the suppliers of machinery and equipment as specified in the objects of the Issue. Further the amount allocated for purchases of machinery and equipment are based on the quotation received from suppliers.

Strategy

Capacity Enhancement Strategy.

Augment capital base for adequate working capital.

Expand our product portfolio to cater requirements of other applications.

Continue to invest in our capabilities of providing critical business solution, manufacturing product with advanced technology and environment friendly components.

How To Apply for CLN Energy Ltd IPO Online?

Step 1:

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the CLN Energy Ltd IPO?

CLN Energy Ltd's IPO offers shares for up to 72.3 It begins on Jan 23, 2025 and ends on Jan 27, 2025.

What is the price of the CLN Energy Ltd IPO?

The price of CLN Energy Ltd IPO ranges between ₹235 to ₹250 per share.

What are the open and close dates for the CLN Energy Ltd IPO?

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

When will the CLN Energy Ltd IPO be allotted?

The allotment for the CLN Energy Ltd IPO will be finalised on Jan 28, 2025. The shares will be listed on BSE and NSE on Jan 30, 2025.

What is the minimum lot size required for CLN Energy Ltd IPO?

The minimum lot size for CLN Energy Ltd IPO is 600 shares, priced between ₹235 to ₹250 per share.

What is the GMP of CLN Energy Ltd IPO?

The GMP (Grey Market Premium) of CLN Energy Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of CLN Energy Ltd IPO?

To check the allotment status of CLN Energy Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the CLN Energy Ltd IPO getting listed?

The CLN Energy Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jan 23, 2025, and closes on Jan 27, 2025. The allotment is finalised on Jan 28, 2025.

How do you apply for the CLN Energy Ltd IPO?

To apply for the CLN Energy Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.