CLN Energy Ltd logo

CLN Energy IPO

  • Status: Closed
  • RHP:
  • ₹ 141,000 / 600 shares

    Minimum Investment

IPO Details

  • Open Date

    23 Jan 2025

  • Close Date

    27 Jan 2025

  • IPO Price Range

    ₹ 235 to ₹ 250

  • IPO Size

    ₹ 72.30 Cr

  • Listing Exchange

    BSE SME

  • Listing Date

    30 Jan 2025

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CLN Energy IPO Subscription Status

Last Updated: 27 January 2025 6:27 PM by 5Paisa

CLN Energy Limited specializes in manufacturing lithium-ion batteries, motors, and powertrain components for electric vehicles (EVs) and stationary applications like solar and ESS. With ISO-certified facilities in Noida and Pune, the company offers customized solutions, in-house R&D, and a skilled team. It boasts strong customer relationships, a robust product range, and consistent financial performance.


Established in: 2019
Founder: Mr. Rajiv Seth
CEO: Mr. Sunil Gandhi

Peers

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

Objectives

1. Purchase of machinery and equipment
2. Funding Working capital requirements
3. General Corporate Purpose
 

CLN Energy IPO Size

Types Size
Total IPO Size ₹72.30 Cr.
Offer For Sale -
Fresh Issue ₹72.30 Cr.

 

CLN Energy IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 600 141,000
Retail (Max) 1 600 141,000
HNI (Min) 2 1,200 282,000

CLN Energy IPO Reservation

Investors Category Subscription (times) Shares Offered Shares bid for Total Amount (Cr.)*
QIB 1.07 5,47,200 5,87,400 14.69
NII (HNI) 8.6 4,10,400 35,29,200 88.23
Retail 6.55 9,57,600 62,72,400 156.81
Total** 5.42 19,15,200 1,03,89,000 259.73

 

*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.

CLN Energy IPO Anchor Allocation

Anchor Bid Date 22 January, 2025
Shares Offered 8,20,800
Anchor portion Size (In ₹ Cr.) 20.52
Anchor lock-in period end date for 50% shares (30 Days) 27 February, 2025
Anchor lock-in period end date for remaining shares (90 Days) 28 April, 2025

 

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY22 FY23 FY24
Revenue 121.70 128.88 132.86
EBITDA 6.36 13.37 18.67
PAT 3.64 0.73 9.79
Particulars (in Rs. Crores) FY22 FY23 FY24
Total Assets 62.05 109.62 113.27
Share Capital 1.14 1.14 3.41
Total Borrowings - - -
Particulars (in Rs. Crores) FY22 FY23 FY24
Net Cash Generated From / (used in) operating activities 7.93 15.02 6.77
Net Cash Generated From / (used in) investing activities -9.28 -14.26 -4.74
Net Cash Generated From / (used in) financing activities 2.03 - -
Net Increase (Decrease) In Cash And Cash Equivalents 0.67 0.76 2.04


Strengths

1. Advanced ISO-certified manufacturing facilities in Noida and Pune.
2. Skilled and experienced team of professionals.
3. In-house R&D team enabling customized product solutions.
4. Strong long-term relationships with key customers.
5. Consistent track record of financial performance.

Risks

1. Dependence on the EV and energy sectors for business growth.
2. High competition in the EV components manufacturing market.
3. Limited global presence compared to larger industry players.
4. Potential reliance on raw material imports impacting costs.
5. Employee mix of contract and permanent staff may affect organizational consistency.
 

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FAQs

CLN Energy IPO opens from 23 January 2025 to 27 January 2025.

The size of CLN Energy IPO is ₹72.30 Cr.

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

To apply for CLN Energy IPO, follow the steps given below:

● Login to your 5paisa account and select the issue in the current IPO section    
● Enter the number of lots and the price at which you wish to apply for the CLN Energy  IPO.    
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.    

You will receive a mandate notification to block funds in your UPI app.
 

The minimum lot size of CLN Energy IPO is 600 shares and the investment required is ₹141,000.

The share allotment date of CLN Energy IPO is 28 January 2025

The CLN Energy IPO will be listed on 30 January 2025.

Aryaman Financial Services Ltd is the book running lead manager for CLN Energy IPO.

CLN Energy plans to utilise the raised capital from the IPO for:
1. Purchase of machinery and equipment
2. Funding Working capital requirements
3. General Corporate Purpose