CLN Energy Limited

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

Price Band

₹235 - ₹250

Dates

23 Jan - 27 Jan

GMP

₹0 (0.00%)

Subscriptions

-

Issue Size

₹72.30 Crs

CLN Energy IPO Key Dates
Opening Date

23 Jan 25

Closing Date

27 Jan 25

Basis Of Allotment

28 Jan 25

Initiations Of Refund

29 Jan 25

Credit Of Shares

29 Jan 25

Listing Date

30 Jan 25

CLN Energy IPO Objects

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

CLN Energy IPO Details
Price Band

₹235 - ₹250

Listing At

BSE SME

IPO Issue Type

100% Book Built Offer

Fresh Issue

₹72.30 Cr (0.29 Cr Shares)

Offer For Sale

₹0.00 (0.00 Shares)

Total Issue

₹72.30 Cr (0.29 Cr Shares)

Face Value

₹10 per equity share

CLN Energy IPO Lot Information
Investor Category Lot Shares Amount
Retail
Minimum 1 600 1,50,000
Maximum 1 600 1,50,000
NII
Minimum 2 1,200 3,00,000
CLN Energy IPO GMP

The estimated Grey Market Premium of CLN Energy IPO is ₹0 per share (0.00%)

Category Allocation
Particulars Allocation
QIB Not more than 50% of net offer
NII Not less than 15% of net offer
Retail Not less than 35% of net offer
Market Maker 1,56,000 EQ Share
CLN Energy IPO Financials

(Rs. in crores)

Particulars Sep-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 74.83 132.71 128.82 121.69
Profit after Tax 4.64 9.79 0.73 3.64
Net Worth 18.01 13.37 3.58 2.86
Total Borrowing 6.78 0.00 0.00 0.00
Total Assets 119.73 113.27 109.62 62.05
NAV per share (in ₹) 23.51 39.28 31.59 25.16
EPS - Basic (in ₹) 6.05 12.78 0.95 4.82

The financial information presented is on a consolidated basis

Key Performance Indicators
KPI KPI
EBITDA 14.07%
PAT 7.38%
ROE 115.44%
ROCE 91.55%
Debt to Equity N.A
PE Ratio 19.56
PB Ratio 6.36
Mkt Cap (in Crs.) 263.83
  • All Ratios are based on Mar 24
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
CLN Energy IPO Peer Comparision

(Rs. in crores)

Particulars Co. Eveready Industries India Panasonic Energy India Co. High Energy Batteries (India) Indo National
Revenue from Ops (in Crs.) 74.83 1,314.28 292.42 77.23 640.60
PAT (In Crs.) 4.64 66.77 11.64 17.16 14.64
EPS - Basic 12.78 9.18 15.52 19.14 12.83
NAV per share 39.28 53.21 137.03 97.84 314.91
RONW 73.19% 17.26% 11.33% 19.56% 6.20%
EBITDA 14.18% 10.90% 6.61% 33.73% 7.93%
PAT Margin 6.20% 5.08% 3.98% 22.22% 2.29%
Price to earning (PE) 19.56 41.57 29.01 31.94 42.87
Debt to Equity 0.49 1.94 N.A 0.16 2.73
  • All the information pertains to FY 2023-24
  • The PE ratio is calculated on offer for document
CLN Energy IPO Peer Comparision

(Rs. in crores)

Particulars Co.
Revenue from Ops (in Crs.) 74.83
PAT (In Crs.) 4.64
EPS - Basic 12.78
NAV per share 39.28
RONW 73.19%
EBITDA 14.18%
PAT Margin 6.20%
Price to earning (PE) 19.56
Debt to Equity 0.49
Eveready Industries India Panasonic Energy India Co. High Energy Batteries (India) Indo National
1,314.28 292.42 77.23 640.60
66.77 11.64 17.16 14.64
9.18 15.52 19.14 12.83
53.21 137.03 97.84 314.91
17.26% 11.33% 19.56% 6.20%
10.90% 6.61% 33.73% 7.93%
5.08% 3.98% 22.22% 2.29%
41.57 29.01 31.94 42.87
1.94 N.A 0.16 2.73
  • All the information pertains to FY 2023-24
  • The PE ratio is calculated on offer for document
Promoter Details
Name Shareholding
CLN Energy Pte. Ltd. 99.99%
Management Details
Name Designation
Sunil Gandhi CEO
Rajiv Seth Chairman
Manish Shah COO
Ashish Kumar CFO
Company Details

Name : CLN ENERGY LIMITED

Address : Plot-18, Sector-140, Phase-2, Nepz Post Office, Gautam Buddha Nagar, Dadri, 201305, Uttar Pradesh, India.

Number : +91 75799 06940

Email : ipo@clnenergy.in

ipo@clnenergy.in

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Frequently Asked questions?

Find answers to common questions that come in your mind related to IPO.

CLN Energy IPO is a SME IPO having an issue size of Rs. ₹72.30 Crs. CLN Energy IPO is priced at ₹235 - ₹250 per share. The issue opens on 23 Jan 25 and closes on 27 Jan 25.

CLN Energy IPO opens on 23 Jan 25 and closes on 27 Jan 25.

The estimated Grey Market Premium of CLN Energy IPO is ₹0 per share (0.00%).

The minimum lot size of CLN Energy IPO is 600 shares & the minimum application amount is Rs. 150000.

The allotment date of CLN Energy IPO is 28 Jan 25.

The listing date of CLN Energy IPO is 30 Jan 25.

CLN Energy IPO is subscribed -.

CLN Energy IPO is priced at ₹235 - ₹250 per share.

Click the allotment link on CLN Energy IPO page of IPO360.

  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app

  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app

  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select CLN Energy IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date