1. IPO
CLN Energy IPO

4.31x

subscribed

CLN Energy IPO

Batteries
listed
₹1.41LMin. investment
  1. Pre-apply
    22 Jan
  2. Bid start
    23 Jan
  3. Bid end
    27 Jan
  4. Allotment
    28 Jan
  5. Release of funds
    29 Jan
  6. Demat transfer
    29 Jan
  7. Listing
    30 Jan

CLN Energy Limited IPO Details

SectorBatteries
Price range₹235 – ₹250
IPO type
SME
Lot size600 shares
Issue size₹72Cr
Red Herring Prospectus
Read
Market Cap
₹263.83CrLower than sector avg
RevenueApr 2023 - Mar 2024
₹132.7CrLower than sector avg
Growth rate3Y CAGR
2.93%Higher than sector avg

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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Revenue
Higher revenue means strong sales and good market demand
This IPO
₹132.7Cr
This sector
₹1,963.94Cr
Compare with companies
3Y growth
Strong 3-year growth shows consistent progress and potential
This IPO
2.93%
This sector
0.10%
Compare with companies
PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹9.78Cr
This sector
₹122.46Cr
Compare with companies
Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹263.83Cr
This sector
₹6,911.09Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
19.56
This sector
28.07
Compare with companies

Objectives

Working capital requirements
40.22%
Purchase of machinery and equipment
13.43%
General corporate purposes
Not assigned

About CLN Energy Limited

CLN Energy Limited, founded in 2019, specializes in sustainable products, including lithium-ion batteries, motors, and powertrain components for electric vehicles (EVs) and energy storage solutions. With two advanced manufacturing plants in Noida and Pune, the company produces high volumes of batteries and motors for EVs and stationary applications. CLN Energy also focuses on R&D to provide tailored, efficient solutions, positioning itself as a leader in the renewable energy and EV sectors.

CLN Energy IPO Subscription Status

Date
QIB
NII
Retail
Total
23-Jan-25
1.0 times (X)
0.63 times (X)
1.96 times (X)
1.4 times (X)
24-Jan-25
1.07X
1.2X
3.74X
2.43X
27-Jan-25
1.07X
3.7X
6.42X
4.31X

Latest News on CLN Energy IPO

Frequently asked questions

How to invest in the CLN Energy IPO ?

Investors can apply for the CLN Energy IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of CLN Energy IPO ?

The issue size of the CLN Energy IPO is 72 Cr.

What is 'pre-apply' for CLN Energy IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will CLN Energy IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.