CLN Energy Limited Subscription Details
GMP
₹256 (2.40%)
Offer Date
23 Jan 2025 to 27 Jan 2025
Offer Price
₹235 to ₹250
Lot Share
600 Share
Minimum Investment
₹1,50,000/ 600 Shares
CLN Energy Limited IPO Details
CLN Energy Limited IPO has an issue size of Approx ₹72.3 Crores, with a face value of ₹10 per share and a price band ranging from ₹235 to ₹250 per share.
Opening Date
23 Jan 2025
Closing Date
27 Jan 2025
Allotment Date
28 Jan 2025
Refund Intiated Date
29 Jan 2025
Demat Transfer Date
29 Jan 2025
Issue Size
Approx ₹72.3 Crores
Fresh Issue
Approx ₹72.3 Crores
Offer for sale
-
CLN Energy Limited Subscription Details
CLN Energy Limited IPO subscription till 27 Jan 2025 05:03:34 pm as QIB quota 1.07x, HNI quota 8.98x and Retail quota 6.55x with the total subscription of 5.51 Times.
CLN Energy Limited IPO Objects Of the Issue
The intended use of the Net Proceeds from the Issue is as follows:
Acquisition of machinery and equipment
Financing working capital needs
General corporate purposes
Retail Quota
35%
QIB Quota
50%
HNI Quota
15%
Retail Applications
-
S-HNI App
-
B-HNI App
-
Issue Type
Book Built Issue IPO
Listing At
BSE
Registrar
Bigshare Services Pvt Ltd
CLN Energy Limited Promoters Holdings
CLN Energy Limited Company Financials (in Lakhs)
As of 30 Sept 2024 , CLN Energy Limited company reported assets of 119.73 Lakhs, revenue of 75.84 Lakhs, and a profit after tax of 4.64 Lakhs.
CLN Energy Limited Peer Groups
Eveready Industries India Limited
Panasonic Energy India Co. Limited
High Energy Batteries (India) Limited
Indo National Limited
CLN Energy Limited IPO Registrar
Bigshare Services Pvt Ltd
Tel: +91-22-6263 8200
E-mail: ipo@bigshareonline.com
CLN Energy Limited Address
CLN Energy Limited
Plot-18, Sector-140, Phase-2, Nepz Post Office, Gautam Buddha Nagar Dadri, 201305
Phone: +91 75799 06940
E-mail: info@clnenergy.in
Website: https://www.clnenergy.in/
About CLN Energy Limited
Incorporated in 2019, CLN Energy Limited specializes in the manufacturing of customized lithium-ion batteries and motors, along with powertrain components for electric vehicles. These components include controllers, throttles, DC-DC converters, displays, and differentials.
The company provides B2B solutions for electric vehicles and stationary applications such as solar, energy storage systems (ESS), and telecommunications.
CLN Energy manufactures a wide range of electric vehicle components, including motors, controllers, battery management systems (BMS), throttle bodies, and DC-DC converters. Its products, including lithium-ion battery packs, motors, and powertrain components, are marketed under the "CLN Energy" brand.
The company operates two ISO-certified manufacturing facilities—one in Noida and the other in Pune, Maharashtra. These facilities hold QMS 9001:2015, EMS 14001:2015, and OHSAS 45001:2018 certifications.
As of September 30, 2024, CLN Energy employed 155 permanent staff and 286 contract workers.