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Open
23 Jan 2025
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Close
27 Jan 2025
3
Allotment
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Listing
Thu, Jan 30, 2025
Price Band
₹235 to ₹250
Issue Size
28,92,000 shares (agg. up to ₹72 Cr)
Lot Size
600 Shares
Listing Date
Thu, Jan 30, 2025
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
30-01-2025₹0Est. ₹250+0%
29-01-2025₹0Est. ₹250+0%
28-01-2025₹0Est. ₹250+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 3.99x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 119.73 | 113.27 | 109.62 | 62.05 |
| Total Income | 75.84 | 132.86 | 128.88 | 121.70 |
| Profit After Tax | 4.64 | 9.79 | 0.73 | 3.64 |
| NET Worth | 18.01 | 13.37 | 3.58 | 2.86 |
| Reserves and Surplus | 10.35 | 9.97 | 2.45 | 1.72 |
| Total Borrowing | 6.78 | |||
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| OBSC Perfection Ltd. | SME | ₹66.02 Cr | ₹100 | 14.62 | ₹115.50 | +15.50% | ₹667.50 (+1.91%) |
| Premium Plast Ltd. | SME | ₹26.20 Cr | ₹49 | 14.11 | ₹48.90 | -0.20% | ₹42.00 (-0.12%) |
| Forge Auto International Ltd. | SME | ₹31.10 Cr | ₹108 | 12.98 | ₹109.35 | +1.25% | ₹88.70 (+4.97%) |
| Mandeep Auto Industries Ltd. | SME | ₹25.25 Cr | ₹67 | 10.15 | ₹65.35 | -2.46% | ₹20.15 (+4.40%) |
| Emmforce Autotech Ltd. | SME | ₹53.90 Cr | ₹98 | 33.5 | ₹195.51 | +99.50% | ₹175.65 (-1.15%) |
| Thaai Casting Ltd. | SME | ₹47.20 Cr | ₹77 | 25.99 | ₹195.15 | +153.44% | ₹125.20 (+9.82%) |
| Carraro India Ltd. | Mainboard | ₹1,250.00 Cr | ₹704 | 63.97 | ₹636.20 | -9.63% | ₹569.70 (+1.24%) |
| Kross Ltd. | Mainboard | ₹500.00 Cr | ₹240 | 28.93 | ₹259.81 | +8.25% | ₹187.27 (+0.56%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of machinery and equipment | 9.71 |
| 2 | Funding working capital requirements of the Company | 40.22 |
| 3 | General Corporate Purposes | 17.84 |
| 4 | Issue expenses | 4.53 |
| Total | 72.30 |
About CLN Energy IPO
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
Contact Details
CLN Energy Ltd. AddressPlot-18, Sector-140Phase-2, Nepz Post OfficeGautam Buddha NagarDadri, Uttar Pradesh, 201305+91 75799 06940info@clnenergy.inVisit Website