CLN Energy Ltd. IPO

Min Investment
₹ 1,50,000 / 600 shares
Price Range
₹235 - ₹ 250
Bidding Dates
23 Jan '25 - 27 Jan '25
Total Issue Value
72.30 Cr
Lot Size
600
Total Issue Size
72.30 Cr
Listing At
BSE SME
Subscription
3.92 times
BSE Price
418.00 (67.2%)

IPO Timeline

  • 23 Jan 2025
    Bidding Starts
  • 27 Jan 2025
    Bidding Ends
  • 28 Jan 2025
    Allotment Finalization
  • 30 Jan 2025
    Listing

About CLN Energy Ltd.

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

Parent organisation
Founded
CLN Energy Ltd.
2019

CLN Energy Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 8,20,800 (28.38%)
Market Makers 1,56,000 (5.39%)
Non Institutional Investors 4,10,400 (14.19%)
Qualified Institutional Buyers (QIBs) 5,47,200 (18.92%)
Retail Individual Investors (RIIs) 9,57,600 (33.11%)

CLN Energy Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2025 220.39 Cr 12.92 Cr 83.94 Cr
31 Mar 2024 132.86 Cr 9.79 Cr 9.97 Cr
31 Mar 2023 128.88 Cr 7.42 Cr 2.45 Cr

CLN Energy Ltd. Background

Major Events And Milestones
  • 2019
    Incorporated our Company as JLNPhenix Energy Private Limited
    Issued 999,998 equity shares to Minmax Energy Limited, resulting in Minmax Energy Limited holding a majority stake in our company.
  • 2022
    Commencement of R & D unit at Hyderabad
    Our company achieved revenue of Rs. 100 Crores for the first time.
    The factory license has been issued on March 03, 2022 for our Pune plant located Gat No.375/1 and 376, Koregaon Bhima, Taluka, Shirur, Pune, Maharashtra, 412216.
    CLN Energy Pte.Ltd acquired majority equity shares of company and classified as Promoter of Company
  • 2023
    Our company changed name of from JLNPhenix Energy Private Limited to CLN Energy Private Limited.
    The factory license has been issued on April 06, 2023 for our Uttar Pradesh plant located at Plot-18, Sector-140, Phase-2, Nepz Post Office, Dadri, Gautam Buddha Nagar- 201305, Uttar Pradesh
    Shut down of Operations of R & D unit at Hyderabad
  • 2024
    Company converted from Private Limited Company to Public Limited Company vide and fresh certificate of Conversion dated June 18, 2024 was issued by the Registrar of Companies, Central Processing Centre.
CLN Energy Ltd. Object of Issues

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

CLN Energy Ltd. IPO Listing Details
Listing Date
30 Jan 2025
BSE Script Code
544347
ISIN
INE0WDX01010
Final Issue Price
₹ 250
CLN Energy Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 250.00 -
Open ₹ 256.00 -
Low ₹ 252.00 -
High ₹ 268.80 -
Last Trade ₹ 254.15 -
CLN Energy Ltd. Company Promoters

1. CLN Energy Pte. Ltd.
2. Rajiv Seth

Industry Overview

The global lithium-ion battery market, valued at USD 54.4 billion in 2023, is expected to grow at a 20.3% CAGR through 2030, driven by rising EV registrations.

CLN Energy Ltd. Contact Details
Address: Plot-18, Sector-140, Phase-2, Nepz Office, Gautam Budh Nagar Uttar Pradesh - 201305
Phone no:7579906940
7579906940
|
CLN Energy Ltd. IPO Registrar
Bigshare Services Pvt. Ltd.
S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri East, Mumbai Maharashtra - 400093
62638200
CLN Energy Ltd. IPO Lead Manager(s)
ARYAMAN FINANCIAL SERVICES LIMITED
No. 60, Khatau Building, Ground Floor, Alkesh Dinesh Modi Marg, Fort, Mumbai Maharashtra - 400001
62166999

FAQs

When does CLN Energy Ltd. IPO opens and closes?

CLN Energy Ltd. IPO opens from 23rd January to 27th January 2025.

What is the size of CLN Energy Ltd. IPO?

The size of the CLN Energy Ltd. IPO is ₹72.30 Cr.

What is the price range of CLN Energy Ltd. IPO?

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

What is the minimum investment and lot size required for the CLN Energy Ltd. IPO?

The minimum investment required is ₹1,50,000 and minimum lot size is 600 shares.

When is CLN Energy Ltd. IPO listing date?

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

What is the objective of CLN Energy Ltd. IPO?

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

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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