CLN Energy IPO Date, Review, Price, Allotment Details
Aditya | January 19, 2025
CLN Energy IPO will be open for subscription from January 23, 2025, to January 27, 2025. This Book Built Issue aims to raise ₹72.30 crores, consisting of a fresh issue of ₹72.30 crores and an offer for sale involving [.] equity shares, each with a face value of ₹10. The price band for the IPO is ₹235 to ₹250 per share, with the allocation divided as 35% for retail investors, 50% for QIBs, and 15% for HNIs. CLN Energy is set to list on the BSE on January 30, 2025, with the allotment date scheduled for January 28, 2025. In 2024, the company reported revenue of ₹132.86 crores, up from ₹128.88 crores in 2023, and a profit of ₹9.79 crores, a significant increase from ₹0.73 crores in 2023. Considering its strong financial performance, investors should consider applying for this IPO for long-term growth.
CLN Energy IPO Details
Field
Value
ipo title
CLN Energy BSE SME
status
Listed
gain percentage
2.4%
subscription
5.42x
price
250
gmp
--
est listing
250 (0%)
ipo size
₹ 72.30 Cr
CLN Energy IPO Dates
Field
Value
lot
600
open
23-Jan
close
27-Jan
boa dt
28-Jan
listing
30-Jan
CLN Energy IPO Financial Report
The company reported a revenue of ₹132.86 crores in 2024, compared to ₹128.88 crores in 2023. Its profit in 2024 was ₹9.79 crores, a significant increase from ₹0.73 crores in 2023.
Financial Year
2022
2023
2024
Revenue
₹121.70
₹128.89
₹75.84
Expense
₹116.69
₹121.28
₹68.63
Profit After Tax
₹3.64
₹0.73
₹4.64
Total Assets
₹62.05
₹109.62
₹119.73
About CLN Energy IPO
CLN Energy Limited is known for its innovative approach to manufacturing electric components and offering high-quality solutions for electric vehicles and stationary applications, such as energy storage systems (ESS) and telecommunications. Founded in 2019, the company specializes in producing lithium-ion batteries and motors. Additionally, they sell electric vehicles and components like DC converters, displays, and differentials. CLN Energy is committed to providing top-notch services both nationally and internationally, which has helped establish strong customer trust. The company operates advanced manufacturing facilities in Noida (42,000 sqft) and Pune (20,000 sqft) with an annual production capacity exceeding 1GWh for battery packs and 120,000 motors for L2, L3, and L5 vehicles.
CLN Energy IPO is a mainboard IPO where the company aims to raise ₹72.30 crores. The price range for the equity shares is ₹235 to ₹250 each, and the IPO will be listed on BSE.
When will CLN Energy IPO open for subscription?
The CLN Energy IPO will open for subscription on January 23, 2025, and will close on January 27, 2025, for Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), and retail investors.
What is CLN Energy IPO Investors Portion?
The investment allocation for CLN Energy IPO is 50% for QIB, 15% for NII, and 35% for retail investors.
How to Apply for CLN Energy IPO?
You can apply for CLN Energy IPO online via ASBA through your bank account, or via UPI through stock brokers. Alternatively, you can apply offline by filling out a form through your stock broker.
What is CLN Energy IPO Issue Size?
The issue size of CLN Energy IPO is ₹72.30 crores.
What is CLN Energy IPO Price Band?
The price band for CLN Energy IPO shares is ₹235 to ₹250.
What is CLN Energy IPO Lot Size?
The minimum bid for CLN Energy IPO is 600 shares, with a total bid amount of ₹1,50,000.
What is the CLN Energy IPO Allotment Date?
The allotment date for CLN Energy IPO is January 28, 2025.
What is the CLN Energy IPO Listing Date?
CLN Energy IPO is expected to list on the BSE on January 30, 2025.
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