CLN Energy Limited

CLN Energy Limited

SME BSE SME 100% Book Built Offer
Closed

Price Band

₹235 - ₹250

Total Issue

₹72.30 Cr

Bid Dates

23 Jan - 27 Jan

Subscription

x

Est. GMP

₹0 (0.00%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

CLN ENERGY LIMITED 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
brand.

Lot Info

Lot Information for CLN Energy IPO
Category Lots Shares Amount
Individual (Min) 1 600 ₹1,50,000
Individual (Max) 1 600 ₹1,50,000
S-HNI (Min) 2 1,200 ₹3,00,000
S-HNI (Max) 6 3,600 ₹9,00,000
B-HNI (Min) 7 4,200 ₹10,50,000
Market Maker
1,56,000 EQ Share
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹72.30 Cr
Fresh Issue
₹72.30 Cr (0.29 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹0
Est. Price ₹250
Est. Gain 0.00%

CLN Energy IPO Peer Comparison

(Rs. in crores)

CLN Energy IPO Peer Comparison Table
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

Financial Performance

(Rs. in crores)

Financial Performance Metrics for CLN Energy IPO
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

KPIs

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.

Shareholding

Promoter

99.99%

Public

0.01%

Management

Sunil Gandhi CEO
Rajiv Seth Chairman
Manish Shah COO
Ashish Kumar CFO

Registrar & Lead Managers

Lead Managers (1)

Subscription Status

Updated as on Last updated time: N/A

BSE SME Subscription Status for CLN Energy IPO
Category Sub (x) Offered Bids
Total -0.08x 19,15,200 -1,56,000

Frequently Asked Questions

What is CLN Energy IPO?
CLN Energy IPO is a SME IPO having an issue size of ₹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.
When will CLN Energy IPO open?
CLN Energy IPO opens on 23 Jan 25 and closes on 27 Jan 25.
What is the GMP of CLN Energy IPO?
The estimated Grey Market Premium of CLN Energy IPO is ₹0 per share (0.00%).
What is the lot size of CLN Energy IPO?
The minimum lot size of CLN Energy IPO is 600 shares & the minimum application amount is Rs. 150000.
When is the allotment of CLN Energy IPO?
The allotment date of CLN Energy IPO is 28 Jan 25.
What is the listing date of CLN Energy IPO?
The listing date of CLN Energy IPO is 30 Jan 25.
What is the subscription of CLN Energy IPO?
CLN Energy IPO is subscribed - times.
What is the price band of CLN Energy IPO?
CLN Energy IPO is priced at ₹235 - ₹250 per share.
How to check allotment status of CLN Energy IPO?
Click the allotment link on CLN Energy IPO page of IPO360.
How to apply CLN Energy IPO in Zerodha?
  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
How to apply CLN Energy IPO in Groww?
  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
How to apply CLN Energy IPO using ASBA?
  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