CLN Energy IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Jan 23 to Jan 27 2025
Price Band
₹235 - 250
Current GMP
₹256(2.40%)
Subscription
5.42 times
IPO Details
| IPO Date | January 23, 2025 to January 27, 2025 |
| Listing Date | Thursday, January 30, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹235 to ₹250 per share |
| Lot Size | 600 Shares |
| Total Issue Size | 28,92,000 shares (aggregating up to ₹72.30 Cr) |
| Fresh Issue | 28,92,000 shares (aggregating up to ₹ 72.30 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 76,61,250 shares |
| Share Holding Post Issue | 1,05,53,250 shares |
| Market Maker Portion | 1,56,000 sharesAryaman Capital Markets Limited |
IPO Date
January 23, 2025 to January 27, 2025
Listing Date
Thursday, January 30, 2025
Face Value
₹10 per share
Price Band
₹235 to ₹250 per share
Lot Size
600 Shares
Total Issue Size
28,92,000 shares (aggregating up to ₹72.30 Cr)
Fresh Issue
28,92,000 shares (aggregating up to ₹ 72.30 Cr)
Issue Type
Book Built Issue IPO
Listing At
BSE SME
Share Holding Pre Issue
76,61,250 shares
Share Holding Post Issue
1,05,53,250 shares
Market Maker Portion
1,56,000 sharesAryaman Capital Markets Limited
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 1.07 |
| Non-Institutional Buyers*** | 8.6 |
| Retail Investors | 6.55 |
| Total ** | 5.42 |
Anchor Investors
1
Market Maker
1
Qualified Institutions
1.07
Non-Institutional Buyers***
8.6
Retail Investors
6.55
Total **
5.42
Day Wise Sub
| Day | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Day 1 Jan 23, 2025 | 1 | 2.43 | 1.96 | 1.79 |
| Day 2 Jan 24, 2025 | 1.07 | 2.98 | 3.74 | 2.81 |
| Day 3 Jan 27, 2025 | 1.07 | 8.6 | 6.55 | 5.42 |
DayDay 1
Jan 23, 2025
QIB1
NII*2.43
Retail1.96
Total1.79
DayDay 2
Jan 24, 2025
QIB1.07
NII*2.98
Retail3.74
Total2.81
DayDay 3
Jan 27, 2025
QIB1.07
NII*8.6
Retail6.55
Total5.42
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 30-01-2025 | 250.00 | 0(0.00%) | 250 |
| 29-01-2025 | 250.00 | 0(0.00%) | 250 |
| 28-01-2025 | 250.00 | 0(0.00%) | 250 |
| 27-01-2025 | 250.00 | 0(0.00%) | 250 |
| 26-01-2025 | 250.00 | 0(0.00%) | 250 |
| 25-01-2025 | 250.00 | 0(0.00%) | 250 |
| 24-01-2025 | 250.00 | 0(0.00%) | 250 |
| 23-01-2025 | 250.00 | 0(0.00%) | 250 |
| 22-01-2025 | 250.00 | 0(0.00%) | 250 |
| 21-01-2025 | 250.00 | 0(0.00%) | 250 |
| 20-01-2025 | 250.00 | 0(0.00%) | (0.00%) |
| 19-01-2025 | 250.00 | 0(0.00%) | (0.00%) |
| 18-01-2025 | 250.00 | 0(0.00%) | (0.00%) |
Date30-01-2025
Price250.00
GMP0(0.00%)
Estimate List Price250
Date29-01-2025
Price250.00
GMP0(0.00%)
Estimate List Price250
Date28-01-2025
Price250.00
GMP0(0.00%)
Estimate List Price250
Date27-01-2025
Price250.00
GMP0(0.00%)
Estimate List Price250
Date26-01-2025
Price250.00
GMP0(0.00%)
Estimate List Price250
Date25-01-2025
Price250.00
GMP0(0.00%)
Estimate List Price250
Date24-01-2025
Price250.00
GMP0(0.00%)
Estimate List Price250
Date23-01-2025
Price250.00
GMP0(0.00%)
Estimate List Price250
Date22-01-2025
Price250.00
GMP0(0.00%)
Estimate List Price250
Date21-01-2025
Price250.00
GMP0(0.00%)
Estimate List Price250
Date20-01-2025
Price250.00
GMP0(0.00%)
Estimate List Price(0.00%)
Date19-01-2025
Price250.00
GMP0(0.00%)
Estimate List Price(0.00%)
Date18-01-2025
Price250.00
GMP0(0.00%)
Estimate List Price(0.00%)
IPO Important Dates
| IPO Open Date | Thursday, January 23, 2025 |
| IPO Close Date | Monday, January 27, 2025 |
| Basis of Allotment | Tuesday, January 28, 2025 |
| Initiation of Refunds | Wednesday, January 29, 2025 |
| Credit of Shares to Demat | Wednesday, January 29, 2025 |
| Listing Date | Thursday, January 30, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 27, 2025 |
IPO Open Date
Thursday, January 23, 2025
IPO Close Date
Monday, January 27, 2025
Basis of Allotment
Tuesday, January 28, 2025
Initiation of Refunds
Wednesday, January 29, 2025
Credit of Shares to Demat
Wednesday, January 29, 2025
Listing Date
Thursday, January 30, 2025
Cut-off time for UPI mandate confirmation
5 PM on January 27, 2025
IPO Lot Size
| 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 |
ApplicationRetail (Min)
Lots1
Shares600
Amount₹1,50,000
ApplicationRetail (Max)
Lots1
Shares600
Amount₹1,50,000
ApplicationHNI (Min)
Lots2
Shares1,200
Amount₹3,00,000
Financial Information
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 119.73 | 113.27 | 109.62 |
| Revenue | 75.84 | 132.86 | 128.88 |
| Profit After Tax | 4.64 | 9.79 | 0.73 |
| Net Worth | 18.01 | 13.37 | 3.58 |
| Reserves and Surplus | 10.35 | 9.97 | 2.45 |
| Total Borrowing | 6.78 |
Period EndedPeriod Ended
30 Sep 202430 Sep 2024
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
30 Sep 2024119.73
31 Mar 2024113.27
31 Mar 2023109.62
Period EndedRevenue
30 Sep 202475.84
31 Mar 2024132.86
31 Mar 2023128.88
Period EndedProfit After Tax
30 Sep 20244.64
31 Mar 20249.79
31 Mar 20230.73
Period EndedNet Worth
30 Sep 202418.01
31 Mar 202413.37
31 Mar 20233.58
Period EndedReserves and Surplus
30 Sep 202410.35
31 Mar 20249.97
31 Mar 20232.45
Period EndedTotal Borrowing
30 Sep 20246.78
31 Mar 2024
31 Mar 2023
IPO Reservation
| Anchor Investor Shares Offered | 8,20,800 (28.38%) |
| Market Maker Shares Offered | 1,56,000 (5.39%) |
| QIB Shares Offered | 5,47,200 (18.92%) |
| NII (HNI) Shares Offered | 4,10,400 (14.19%) |
| Retail Shares Offered | 9,57,600 (33.11%) |
| Total Shares Offered | 28,92,000 (100%) |
Anchor Investor Shares Offered
8,20,800 (28.38%)
Market Maker Shares Offered
1,56,000 (5.39%)
QIB Shares Offered
5,47,200 (18.92%)
NII (HNI) Shares Offered
4,10,400 (14.19%)
Retail Shares Offered
9,57,600 (33.11%)
Total Shares Offered
28,92,000 (100%)
Information about company
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.
Objectives of IPO
The details of the utilisation of Net Proceeds of the Issue are as follows
Purchase of machinery and equipment
Funding Working capital requirements
General Corporate Purpose
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
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