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CLN Energy IPO

₹1,41,000/600 shares

Minimum Investment

IPO Details

Open Date

23 Jan 25

Close Date

27 Jan 25

Minimum Investment

1,41,000

Lot Size

600

Price Range

235 to ₹250

Listing Exchange

BSE

Issue Size

72.30 Cr

Listing Date

30 Jan 25

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CLN Energy IPO Timeline

Bidding Start

23 Jan 25

Bidding Ends

27 Jan 25

Allotment Finalisation

28 Jan 25

Refund Initiation

29 Jan 25

Demat Transfer

29 Jan 25

Listing

30 Jan 25

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About CLN Energy Limited IPO

Incorporated in 2019, CLN Energy Limited focuses on manufacturing customized lithium-ion batteries and powertrain components for electric vehicles. The company provides B2B solutions for electric vehicles, as well as stationary applications such as energy storage systems (ESS) and telecommunications. CLN Energy sells lithium-ion battery packs, motors, controllers, and other key components under the “CLN Energy” brand. With ISO-certified manufacturing facilities located in Noida and Pune, the company is well-positioned to cater to the growing demand for clean energy solutions.

IPO Strengths

  • Experienced team with deep industry knowledge
  • In-house Research and Development team for continuous product innovation
  • Long-term relationships with key customers
  • State-of-the-art manufacturing facilities in Noida and Pune
  • Strong track record of consistent financial performance

CLN Energy IPO Key Financials (in ₹ Crore)

Particulars 30 Sep 2024 31 Mar 2024 31 Mar 2023 31 Mar 2022
Assets 119.73 113.27 109.62 62.05
Revenue 75.84 132.86 128.88 121.70
Profit After Tax 4.64 9.79 0.73 3.64
Reserves and Surplus 10.35 9.97 2.45 1.72
Total Borrowings 6.78

CLN Energy Limited Upcoming IPO Details

Category Details
Issue Type Book Built Issue IPO
Total Issue Size Fresh Issue: 28,92,000 shares (aggregation to ₹72.30 Cr)

Offer for Sale: NA

Price Range ₹235 to ₹250 per share
Lot Size 600 Shares
Face Value ₹10 per share
Listing Exchange SME, BSE
Pre-IPO Shareholding 76,61,250 shares
Post-IPO Shareholding 1,05,53,250 shares
Market Maker Portion 1,56,000 shares (Aryaman Capital Markets Limited)

CLN Energy IPO Important Dates

IPO Activity Date
IPO Open Date 23 January 2025
IPO Close Date 27 January 2025
Basis of Allotment 28 January 2025
Refunds Initiation 29 January 2025
Credit of Shares to Demat 29 January 2025
Listing Date 30 January 2025

CLN Energy IPO Lots

Application Lots Shares Amount
Retail (Min) 1 600 ₹1,50,000
Retail (Max) 1 600 ₹1,50,000
HNI (Min) 2 1,200 ₹3,00,000

CLN Energy IPO Lead Managers

Lead Managers
Aryaman Financial Services Limited

CLN Energy Limited IPO Valuation Overview

KPI Value
Earnings Per Share (EPS) 12.78
Price/Earnings (P/E) Ratio TBD
Return on Net Worth (RoNW) 73.19%
Net Asset Value (NAV) 39.28
Return on Equity 115%
Return on Capital Employed (ROCE) 91.55%
EBITDA Margin 14.07%
PAT Margin 7.38%
Debt to Equity Ratio NA

CLN Energy IPO Peer Group Comparison

Particulars PE Ratio EPS

Basic

RONW (%) NAV per Share (₹) Face Value (₹) Revenue (₹ in Lakhs)
CLN Limited (I) Energy 12.78 73.19% 39.28 10 13,270.87
Peer Group
Eveready Industries India Limited 42.48 9.18 17.26% 53.21 5 1,31,428
Panasonic Energy India Co. Limited 35.82 15.52 11.33% 137.03 10 29,242.13
High Energy Batteries (India) Limited 40.79 19.14 19.56% 97.84 2 7,772.51
Indo Limited National 44.23 12.83 4.07% 314.91 5 64,060.25

Objectives of the Proceeds

The net proceeds from the CLN Energy IPO will be utilized for:

  • Purchase of machinery and equipment, ₹970.80 lakhs
  • Funding working capital requirements, ₹4122.50 lakhs
  • General corporate purposes

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3Enter Number of Lots and your Price.

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5Complete Transaction on Your UPI App

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