CLN Energy Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,368,000 (47%) | — | ₹3,420 Cr |
| NII (HNI) | — | 410,400 (14%) | — | ₹1,026 Cr |
| Retail | — | 957,600 (33%) | — | ₹2,394 Cr |
| Market Maker | — | 156,000 (5%) | — | ₹39 Cr |
| Σ Total | — | 2,892,000 (100%) | — | ₹72,300 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹150,000 |
| Retail (Max) | 13 | 7,800 | ₹1,950,000 |
| S-HNI (Min) | 14 | 8,400 | ₹2,100,000 |
| B-HNI (Min) | 67 | 40,200 | ₹10,050,000 |
Financial Statements Amount in ₹ Crores
| Metric | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 76 | 133 | 129 |
| Profit After Tax | 5 | 10 | 1 |
| Net Worth | 18 | 13 | 4 |
| Total Assets | 120 | 113 | 110 |
| Reserves & Surplus | 10 | 10 | 2 |
| Total Borrowing | 7 | — | — |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Purchase of machinery and equipment –
- Funding Working capital requirements –
- General Corporate Purpose –
Company Overview
Incorporated in 2019, CLN Energy Limited manufactures customized lithium-ion batteries and motors, and it deals in powertrain components for electric vehicles, including controllers, throttles, DC-DC converters, displays, and differentials.
The company offers B2B solutions for electric vehicles and stationary applications like solar, energy storage systems (ESS), and telecommunications.
The company manufactures a range of components for electric vehicles, including motors, controllers, battery management systems (BMS), throttle bodies, and DC-DC converters.
The company sells Lithium-ion Battery Packs, motors and powertrain components under the “ CLN Energy” brand
The company has two manufacturing facilities, one in Noida and the second one in Pune, Maharashtra.
The manufacturing facilities are ISO certified has QMS 9001:2015, EMS 14001:2015 & OHSAS 45001:2018 certifications.
As of September 30, 2024, the company had 155 permanent employees and 286 employees on a contract basis.
Competitive Strengths
- State of art manufacturing facilities at Pune and Noida
- Well well-educated and experienced team of Professionals
- Long-term relation with our customers
- In-house Research and Development team
- Providing critical business solutions and manufacturing customised products
- Consistent track record of financial performance.