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CLN Energy Limited IPO

CLN Energy Limited IPO

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Listed Price: ₹ 256.00 (+2.40%)

Following its successful public offering, CLN Energy Limited's made its market debut on 30-01-2025 and is now actively traded on the BSEplatform. The IPO mobilized 28,92,000 Shares in total capital, including 28,92,000 Shares in primary equity infusion.

The offering was structured with a price band of ₹235 to ₹250 and minimum investment lots of 600 shares. Investor participation during the subscription window from 23-01-2025 to 27-01-2025 demonstrated market confidence in the company's prospects.

The allotment process concluded on 28-01-2025, allocating shares to successful bidders. The listing represents the culmination of the IPO process, transitioning the company to publicly traded status with enhanced transparency and governance standards.

CLN Energy IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
CLN Energy IPO Key Performance Indicator
Company Financials ( In Crores )

CLN Energy IPO About Company

Founded in 2019, CLN Energy Limited specializes in making custom lithium-ion batteries, motors, and powertrain components for electric vehicles. They also provide solutions for stationary applications like solar energy, energy storage systems (ESS), and telecommunications. The company manufactures key components for electric vehicles, including motors, controllers, battery management systems (BMS), throttle bodies, and DC-DC converters. Under the “CLN Energy” brand, they sell lithium-ion battery packs, motors, and other powertrain components. CLN Energy operates two manufacturing plants—one in Noida and another in Pune, Maharashtra. Both facilities are ISO certified with QMS 9001:2015, EMS 14001:2015, and OHSAS 45001:2018 certifications.As of March 31, 2024, the company employs 123 permanent staff members and 133 off-roll employees.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

CLN Energy IPO Strength Factors

  1. State-of-the-art manufacturing facilities : Located in Pune and Noida, ensuring efficient production and high-quality output.
  2. Well-educated and experienced professional team : Driving innovation, smooth operations, and reliable project execution.
  3. Long-term customer relationships : Built through consistent service quality, trust, and customer-focused solutions.
  4. In-house Research and Development team : Enabling continuous innovation and development of advanced products.
  5. Critical business solutions and customised products : Designed to meet specific client requirements with precision.
  6. Consistent financial performance : Demonstrating stable growth and a strong, reliable business model.

CLN Energy IPO Risk Factors

  1. Legal Issues : Ongoing cases involving the company and its leaders may affect business operations and financial stability if outcomes are unfavorable.
  2. Revenue Risk : Heavy dependence on batteries, cells, motors, and controllers means any drop in demand or production issues could impact revenue.
  3. Supplier Challenges : Lack of formal agreements with machinery and equipment suppliers and reliance on quotations may lead to delays in material supply and affect smooth operations.

CLN Energy IPO Lead Manager(s)

  • Aryaman Financial Services Limited

CLN Energy IPO Promoter(s)

  1. CLN Energy Pte. Ltd
  2. Rajiv Seth


CLN Energy IPO Company Details

CLN Energy Limited
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CLN Energy IPO Registrar

Bigshare Services Private Limited
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CLN Energy IPO FAQs