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 March 31, 2024, the company had 123 permanent employees and 133 off-roll employees.
CLN Energy IPO – Details
| IPO Opening Date | 23 January 2025 |
| IPO Closing Date | 27 January 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 28,92,000 Shares Worth ₹72.30 Crore Fresh Issue: 28,92,000 Shares Worth ₹72.30 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹235 – ₹250 per share |
| Market Lot | 600 Shares |
| Min Order | 600 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
CLN Energy IPO – Date Schedule
| IPO Open Date | 23 January 2025 |
| IPO Close Date | 27 January 2025 |
| Basis of Allotment | 28 January 2025 |
| Initiation of Refund | 29 January 2025 |
| Credit of Shares to Demat Account | 29 January 2025 |
| IPO Listing Date | 30 January 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 27, 2025 |
CLN Energy IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹1,50,000 |
| Retail (Max) | 1 | 600 | ₹1,50,000 |
| HNI (Min) | 2 | 1200 | ₹3,00,000 |
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 customized products.
- Consistent track record of financial performance.
Company Promoters
- CLN Energy Pte. Ltd.
- Rajiv Seth
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 121.70 | 116.68 | 3.64 | – |
| 31 March 2023 | 128.88 | 121.28 | 0.72 | – |
| 31 March 2024 | 132.85 | 120.61 | 9.78 | – |
| 30 September 2024 | 75.84 | 68.62 | 4.63 | 6.78 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 115% |
| ROCE | 92% |
| RoNW | 73.19% |
| PAT Margin | 7.38 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 12.78 | 9.28 |
| P/E (x) | 19.57 | 26.95 |
Object Of The Issue
- Purchase of machinery and equipment.
- Funding Working capital requirements.
- General Corporate Purpose.
CLN Energy IPO Promoter Holding
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding | 72.54% |
CLN Energy IPO Prospectus
Company Contact Information
| 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 |
CLN Energy IPO Lead Manager(s)
| 1. Aryaman Financial Services Limited |
CLN Energy IPO FAQs
| What is CLN Energy IPO? CLN Energy IPO is a SME IPO. The issue is priced at ₹235 to ₹250 per equity share. The IPO is to be listed on BSE SME. |
| When CLN Energy IPO will open? The IPO is to open on 23 January 2025 for QIB, NII, and Retail Investors. |
| What is CLN Energy IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the CLN Energy IPO? You can apply CLN Energy IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the CLN Energy IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “CLN Energy IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the CLN Energy IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “CLN Energy IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the CLN Energy IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “CLN Energy IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the CLN Energy IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “CLN Energy IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is CLN Energy IPO Size? CLN Energy IPO size is ₹72.30 Crore. |
| What is the CLN Energy IPO Price Band? CLN Energy IPO Price Band is ₹235 to ₹250. |
| What is CLN Energy IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 600 Shares with ₹1,50,000 amount while the maximum bid is 600 Shares with ₹1,50,000. |
| What is the CLN Energy IPO Allotment Date? CLN Energy IPO allotment date is 28 January 2025. |
| What is the CLN Energy IPO Listing Date? CLN Energy IPO listing date is 30 January 2025. The IPO is to be listed on BSE SME. |
